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Bank Wire Online Casinos 2020 - A Guide to Bank Wire
If you still consider yourself to be a sceptic of making transactions via the internet by using credit/debit cards or e-wallets, Bank Wire can provide you with a great alternative to electronic payment options. Want to know more? Just read our guide and then head over to one of the Bank Wire Online Casinos in our list to hit the Blackjack table or give that Slots game you’ve been just aching to play a go!
Finding a Bank Wire Casino to Play At
Unlike various other payment methods, Bank Wire is accepted by a the vast majority of online casinos meaning that the discerning, Bank Wire loving player will find a plethora of Bank Wire Online Casinos at his or her disposal when it comes to choosing his iGaming home. Moreover, in our ongoing quest to make sure that our players get the best and nothing but the best, our dedicated team of CasinoTop10 experienced players-turned-casino experts have done all the dirty work so you don’t have to and put only the best casinos on our site for you to peruse and choose once you've gone through our Bank Wire Online Casinos Review. So why not take a gander at all the sites in our ‘Supported Bank Wire Online Casinos’ list above and get back to us with your choice. We can guarantee you won’t be disappointed!
A Bank wire transfer (sometimes referred to as a credit transfer) is a way by which to transfer funds from one entity to another – or from a player to a casino and vice versa. Wire transfers may be executed through your local bank or a specialized cash office and offer online casino users one of the simplest methods by which to bank, which is what makes them so popular and appealing to players everywhere. It is important for users to note that while wire transfers may be among the safest and easiest option in terms of transferring funds, these come with bank charges and/or fees attached (albeit relatively reasonable ones).These fees vary according to your chosen bank or cash office and it is very important that you always go through the relevant terms and conditions with a fine tooth comb - our Bank Wire Online Casinos Review will help guide you.
1) Sign up to a casino which accepts Bank Wire
In order to use Bank Wire to send your funds to an online casino, you have to sign up to a Bank Wire Online Casino in the first place. Have a look at our comprehensive list of ranked and reviewed casinos above to choose one that suits your needs.
2) Gather all the information you need
Once you’ve chosen an online casino to play at and you’ve registered, it’s time to gather all the information you need to transfer your bankroll to the casino. Typically you’ll need the casino’s IBAN, BIC or SWIFT code, the correct address of the casino’s bank along with the address of the casino itself. Moreover, you’ll also need to provide your own banking details to complete the Bank Wire transfer.
3) Order a Bank Wire Transfer
Now that you’ve gathered all the information you need, it’s time to contact your bank to fill in the forms. Normally, people who tend to use Bank Wire to transfer money to their online casino account will opt to go to the bank and ask for a form to fill out. However, some people prefer to phone the bank and ask if they have an online form to fill in before stepping out of the house instead.
TIP: Each bank charges different fees for making a bank transfer. Typically, fees can range from $10 to $50. So always be sure to ask about the fees involved prior to requesting a bank transfer.
4) Wait for the Money to be available in your account
Once you’ve submitted your order for a Bank Wire to be carried out, you’ll then have to wait for your bank to approve the transfer. This might take just a few hours. However, it can also take days due to the fact that banks normally have differing protocols to follow for them to process such transactions. So, our experts would recommend performing the transaction early on during the week rather than at the weekend as the probability is that it will take longer for you to play your favorite casino game for real money!
In any case, no matter when you decide to play, the amount you’ve decided to transfer will be made available in your online casino account as soon as it’s been approved.
Bank Wire Withdrawals
1) Log into Your Casino account
In order to make a withdrawal from an online casino, the first thing you’ll have to do is log into your online casino account and visit the cashier. Select ‘Bank Wire Withdrawal’, then enter your name, bank address, home address as well as your IBAN and SWIFT code.
2) Decide on the amount You’d like to Withdraw
Next simply decide how much money you’d like to withdraw from your Bank Wire Casino account and simply enter it in the form. Always remember that you’ll need to meet the online casino’s wagering requirements before you’re allowed to make a withdrawal. So always be sure to read up on the online casino’s terms and conditions before you actually sign up.
3) Click Withdraw
Next, all you need to do is click on the ‘Withdraw’ button. Withdrawals from Bank Wire Online Casinos will typically take 5 to 7 business days. However, this depends on the casino and the bank you’re using to make a withdrawal.
Bank Wire is extremely secure due to the fact that no third party is involved; transactions take place between the casino and your bank of choice. Besides, banks use top-notch security and encryption technologies. The underlying beauty of Bank Wire Online Casinos is ultimately the fact that the transfer of funds remains exclusively between two bank accounts meaning that the vitally important privacy of the senders and receivers remains protected. Due to the fact that SWIFT number codes are provided in order for each party to receive payments, more privacy and security are added to this form of money transfer than almost any other out there.
When comparing Bank Wire to other banking methods popular with online casinos, transfer time may be a bit of an issue for both logistical as well as practical reasons. Transactions by wire transfer may take a little longer to process but just how long does ultimately lie in the hands of the intermediary bank itself and the chosen casino. The reality is that however reliable and top notch your bank is, players should allow for a transfer time of anything between three and seven working days. Having said this, it is worth noting that wire transferring is almost always quicker than traditional bank-to-bank fund transferring; this is due to the way in which banks communicate with one another when processing Bank Wire transactions and for want of a better word, good, old-fashioned bureaucracy tends to act as a bit of a stumbling block to getting things done faster.
Gaining customer assistance is certainly no problem when it comes to wire transfers. Ultimately, because this is a method of payment which is conducted through your local bank, any assistance which you may or may not require is attained by contacting a representative at your local bank. The same may be said of Bank Wire transactions conducted through a cash office; if you need any help, all you have to do is physically ask! Don't forget to read our Bank Wire Online Casinos Review before you get started though!
Most Casinos accept Bank Wire
Due to its popularity, accessibility is a non-issue as all major casinos tend to find that they have to accommodate this method. Bank Wire is also used in the vast majority of countries in the world.
Bank Wire is Both Safe & Secure
One of the reasons that many people around the globe love using Bank Wire in order to transfer their funds to and from online casinos is the safety and security of the system. Since the transfer is done through the bank, there are no third parties involved. Hence, it is less likely for information to be stolen and fraud to occur.
Large Amounts of Money Can Be Transferred
Bank Wire is a method which particularly suits high-rollers as players who deposit large sums of money may typically avoid high transfer fees by using this payment method.
Bank Wires can be quite expensive in comparison with bank drafts and direct transfers between debit cards.
Transfer Time Takes Longer than E-Wallets & Cards
Something else which people do tend to complain about, but to a much lesser extent, is the physical waiting time needed to effect a payment via Bank Wire. Provided that all the information given is accurate a transfer will typically be affected in 3 to 5 days.
Cannot always be done from Home
Unless the bank you use has an online form to fill in, bank transfers cannot be done from the comfort of your own home. With that being said, you must leave the house in order to be able to make a transfer meaning that one may spend an inordinate amount of travel time to get to their chosen provider, one must also make allowances for queues once he or she arrives at their destination as due to the nature of Bank Wire, it is quite normal to wait for more than half an hour to submit your own payment. Moreover, there can be occasional cases of technical difficulties (but the latter is true of any online banking service).
Cannot be processed in batches
Bank Wires are performed in real-time and cannot be processed in batch, so it can be inconvenient for businesses which support recurring payments.
Yes, when playing at any of the Bank Wire Online Casinos in our list, you’re definitely eligible for an online casino bonus. Although you can get a great bonus from the site itself, the bonuses at CasinoTop10 provide you with that bit extra!
Yes, Bank Wire is amongst the safest payment options to use because it’s only done using the bank.
Yes, you’ll have to pay some sort of fee when using Bank Wire. Fees associated with outgoing transfers tend to be larger than those associated with incoming ones. Fees also depend on where you live.
If you’re unable to use Bank Wire or the waiting time has put you off using the system, there are other alternatives we’re happy to recommend. Provided that you're looking for an offline alternative, you might just want to try transferring your bankroll via Western Union at one of the Western Union Casinos on this page. In regards to credit cards, you have plenty to choose from. Some of the well-reputed credit cards in the business include Visa, Mastercard and American Express. On the other hand, if you’d rather use an e-wallet for the extra layer of security we highly urge you to use PayPal, Neteller or Skrill to transfer your funds instead.
Bank Wire is Best!
Unless transfer times are a major issue for you, we do suggest that you give due consideration to Bank Wire Online Casinos as your foolproof payment method of choice. Apart from the fact that Bank Wire Online Casinos are as safe as they come, one cannot ignore the fact that there are a vast array of online casinos which offer the Bank Wire method as a banking option because of its global popularity and reach, meaning that players using this method have an endless range of online establishments to choose from. Furthermore (and maybe most importantly), high-rollers will find Bank Wire Online Casinos particularly suited to their needs because of the large sums of funds which they are able to transfer through this method and the relatively low transfer fees involved when using Bank Wire Transfers for large transfers. So give Bank Wire Transfers a try; it’s a safe, highly accessible option which has remained as popular as any.