Best Bank Transfer Casinos
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Spree.com
Best Casino!
Win rate
94.40%
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30,000SWP$ Welcome Bonus
RealPrize
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625,000SWP$ Welcome Bonus
LuckyLand Slots
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Payout time
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Chumba Casino
Great Casino
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95.40%
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1-2 Days
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2,000,000SWP$ Welcome Bonus
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A collection of the finest Slots, and the fitting amount of Free Spins for them
What is a Bank Transfer?
Banks facilitate money supply, aiding the movement of funds between their accounts and the casino accounts. Many gamers have bank accounts that have a substantial amount of their liquid funds. Linking these accounts with casino accounts is the fastest and easiest way to deposit and withdraw funds. Therefore, a bank transfer is a payment method that facilitates funds from the bank into an online casino account.
5 Things You Should Know About Bank Transfers
5 Things You Should Know About Bank Transfers
- Bank transfer casino sites use the banking advantage to trade with all listed currencies on their platform. The process saves the gamer currency exchange fees, which reduces the cost of gaming.
- The gamer can withdraw their winnings with bank transfer, irrespective of their deposit methods. The versatility and convenience make it suitable across the board.
- Bank transfers have secure platforms and regular reinforcement due to their business nature. Coupled with operational security from casino games, no one can trick such casinos online easily.
- They were the only money transfer method as recent as 30 years ago. It gained trust among customers, which improved its growth prospects until today. They have the system, numbers, and technology to customise any payment option to fit into their system.
- The technology might be different, but the fund transfer concept is still the same. From pricing margins and payment modeling used by e-wallets, they all find their home through bank transfers.
As the traditional institutions allowed to hold funds, the government instituted strict measures to curb any activity promoting undue monetary advantage, like money laundering. It made bank tranfers viable to casinos since most of its members already had funds in their bank accounts. Thanks to its network, capacity, and punitive measures on financial vices, it was easier to enforce financial prudence.
The UK Gambling Commission sanctioned bank transfer casino payments as a legitimate payment method. Banks embraced this as a form of revenue, although casinos had to work within their set laws. Progressively, the banks have improved the terms of service to make the process clearer. Moreover, they have also improved the verification procedure, which approves transactions in the shortest time possible.
As banking technology improves, so does the service. It makes bank transfers safe but competitive among payment options. Casinos that accept bank transfers record significant enrollment. Some offers and promotions insist on using casino bank transfers as they are safe, verifiable, and well regulated.
Pros vs. Cons of Bank Transfer Deposits
What's good?
Safe - they have the best online security
Extensive network
Easy to manage
High transaction limit
What's not so good?
Players must have an account
Lengthy linking request
The Best Bank Transfer Casinos
What is the best bank transfer casino UK? There are multiple payment methods available for gamers and casinos based on their preferences. Not all casinos accept bank wire as a payment option, but those that do, offer an exemplary service. Before a casino enrolls in the service, it must pass all regulatory procedures. Always look for reputable casinos with competitive casino bonuses. Some of the best casinos that accept bank transfers include:
1. Barz Casino
Casino with the highest Sign-up offer
What's good?
Extensive game selection
Generous welcome bonuses
User-friendly interface
24/7 customer support
Multiple payment options
What's not so good?
No cryptocurrency support
Restricted in certain countries
Barz Casino is a modern online gaming platform known for its sleek design, diverse game selection, and rewarding promotions. Launched by White Hat Gaming, it offers a vast collection of slots, table games, and live dealer experiences from top-tier providers. With a user-friendly interface and seamless navigation, Barz Casino caters to both new and experienced players. The platform supports multiple payment options, including e-wallets and cryptocurrencies, ensuring convenient transactions. Additionally, its generous welcome bonus and loyalty rewards program make it an attractive choice for those looking for an engaging and rewarding online casino experience.
1,000$ Welcome Bonus + 80 Free Spins
2. LeoVegas
Generous casino bonuses for new players
What's good?
Award-winning mobile platform
Wide variety of games
Generous welcome bonuses
Quick and secure payment methods
Excellent customer support available 24/7
What's not so good?
Some countries face access restrictions
High wagering requirements on bonus offers
The casino is one of the recognized gaming brands worldwide. They have multiple gaming platforms and commendable experience in the gaming sector. It has an integrated casino app and mobile gaming capabilities, enhancing its user experience. The slot and table games variety makes it a one-stop-shop for all casino gaming needs. Bank wire caps the experience, giving the casino a wider payment dimension for all its customers.
100€ Welcome Bonus + 50 Free Spins
3. WilliamHill
The most transparent casino existing
What's good?
Trusted and established brand
Wide selection of games
Excellent mobile app for gaming on the go
Secure and reliable payment methods
Regular promotions and loyalty rewards
What's not so good?
Restricted access in certain countries
Some bonuses have high wagering requirements
William Hill is the pioneer and most respected gaming brands in the United Kingdom. It has a diverse gaming selection, competitive bonuses, a progressive user experience, and fair mobile usage. What stands out is the payment option variety, which wire transfer complements. Also, William Hill’s audit processes are among the best, which gives it a fair playing field.
300€ Welcome Bonus
Step-by-Step Process of Making a Deposit via Bank Transfer
Each online casino has unique deposit procedures based on its processes. The linking code is unique for every bank due to its online transaction setup. Therefore, not every casino will employ the same process to deposit funds. However, the following process is a universal deposit method which every casino with a direct bank transfer as a payment option can apply:
Log in to the Online Casino
Log in to the casino account and go to the cashier/accounts section.
Choose Deposit Method
Select the deposit option listed in the casino menu, usually near the top.
Select Bank/Wire Transfer as deposit option
Choose Bank/Wire Transfer from the payment options listed and enter the amount.
Confirm the Transaction on your device
Enter the PIN to authorise the transaction, and click Deposit.
Confirm the Deposit
Go back to the accounts/cashier sections to confirm the balance.
Fees & Taxes for Making a Casino Deposit via Bank Transfer
Bank transfers in the United Kingdom do not usually charge for depositing. However, bank transfers charge when converting deposits made from one currency to another. The decision to charge the client or the casino when depositing is an operational issue.
Some casinos shoulder the deposit cost to make the casino appealing. In this case, the casino exempts the gamer from paying the tax and instead allocates the honour. However, on withdrawals, a fraction of the amount remains with the casino (RTP) as tax.
Another deposit casino tax is the international remittance. Banks in different jurisdictions have transfer fees if the recipient is not in the native country. The charge varies among different countries. Check with your casino to get the amount you can pay when moving money from a bank abroad to your online gaming account.
What is Western Union?
Western Union is a money transfer system that moves money in the form of telegraphs. It can either be person to person or person to business/business to person. The main difference between bank transfer and Western Union is methodology. Whereas Western Union doesn’t require the recipient to have a bank account to receive the funds, bank transfers users must have an account. Western Union Mobile and Western Union Online fit casino gaming since they create mobile wallets to remit and receive funds. However, it only favours people who use cash to bet.
Bank Transfer Casino Safety - Is Depositing via Bank Transfer Secure?
Online security is a top priority among financial institutions. As a pioneer financial institution with large sums of money within its system, banks have firewalls to deter cyber hacks. The technical team revises these security codes often to update them. In case of any attempt, the risk and fraud team is always on standby to address it. Therefore, deposits passing through the banking system are safe and sound.
However, online gamblers must keep their login information away from prying eyes. Most banks have online training on account security, which gamers must adhere to. To be safe, change your passwords regularly. Mix the characters, but it shouldn’t be, in part or wholly, part of your name, email, or date of birth. Also, avoid keeping passwords on browsers as a hacker can easily access them.
How to Withdraw Your Casino Winnings Using a Bank Transfer
The withdrawal process is not as detailed as the deposit since the account is pre-set. Note that a casino bank transfer withdrawal is unique to every casino based on the processes. However, below is a standard withdrawal process for bank transfers among most online casinos:
Go to the cashier/account section of the casino.
Choose the Withdraw option.
Select Bank/Wire Transfer as the preferred withdrawal option.
Enter the amount you wish to withdraw.
Confirm your details and enter your PIN to authorise the transaction.
Bank Transfer vs Western Union - Which to Use?
Technicality
Western Union uses mobile wallets to move funds between accounts while Bank transfer moves funds between bank accounts or bank account to a wallet. Both systems qualify to move funds to and from online casinos.
Funds transfer speed
Moving money accounts of the same bank takes less than 24 hours, but it takes at least 2 business days from one bank to another. In Western Union, the speed varies based on the transfer system. Some processes take longer, especially when moving to a debit/credit card.
Transaction cost
Western Union charges lower fees, starting from £5, while Bank wire can go up to £20 per transaction.
Exchange Rate
Western Union charges lower fees on exchange since it only transfers funds. Bank Transfer charges the midmarket costs and margin, which makes its transaction cost expensive.
Coverage
Banks are centrally regulated within their operating zones, while Western Union has no central regulatory zone. If you are moving funds from a bank account across different regulatory zones, it incurs processing costs, making the transaction expensive. Western Union doesn’t have fluctuating costs. The only difference is the medium where the funds go.
Bank Transfer Support - Who to Turn To When Having Casino Deposit Issues?
The deposit process can break in between, either because of an unsupported payment option, or the money does not reflect on the gaming account. If the deposit doesn’t go through, go to the bank’s online platform and raise the concern. Include your names, account number and the amount you are trying to deposit. Their technicians troubleshoot and rectify it.
If the money is deducted from your banking account but doesn’t reflect on the online gaming account, message us on the Contact US page. We will follow it up and update your records.
History of Bank Transfers - When Did Bank Transfers Come to Be?
Bank transfers are the oldest money transfer method, tracing their roots to the 19th century. As a payment method, it only involved physically moving money from one bank to another. However, as the process turned digital, the money “wired” electronically, hence the name bank/wire transfer. The advent of e-wallets and m-wallets forced banks to adopt a responsive technology to remit money electronically. It led to the growth of bank transfer casinos.
Wire transfer remains the most trusted payment option to date. Although more liberal systems have come up, classical gamers still use bank transfer casinos as a payment option. Currently, we have fast bank transfers to match up to other payment options and complement others where necessary. Bank wire through Internet banking is the future since integration into other payment systems is simple.
You can find on this page:
5 Tips for Making the Most Out of Bank Transfer Casino Deposits
Alternate Payment Method - Bank Transfer Alternatives
The internet boom gave developers ideas for creating other payment options. Currently, there are several options one can use to transfer funds to their casino wallet. Each has its uniqueness and adaptability to prevailing money supply markets. Below are some of the effective payment methods currently used by online casinos.
Frequently Asked Questions About Bank Transfer Deposits
How long does it take to receive winnings withdrawn via bank transfer?
Different banks have their withdrawal policy, with timelines factored basing on currency and amount. However, it takes 1 day to process the withdrawal and 4 to 7 days to remit the finds to the gamer’s account. It might take even a shorter period if the sum withdrawn is small and in local currency.
What is the minimum deposit amount required to deposit via bank transfer?
Minimum bank transfer casino deposits vary among casinos depending on their financial policy, the bank’s propositions and the currency. However, the average amount one can deposit is £/€10 or $15. Deposits do not attract processing charges as they increase the bank’s cash flow. Some deposits may take up to 3 days to reflect, especially those with questionable issues. However, all fast bank transfer deposit should reflect immediately.
Is it free to open a bank account?
Most banks do not have a processing cost to open an account. However, if the gamer wants to link the account to debit/credit cards, it might attract an operational cost. Bank transfer casinos do not need any particular feature account other than an account number and the funds.
How long does it take for a bank transfer deposit to appear in my account?
The timeframe varies based on the amount and validity of the transaction. If everything is as expected, the deposit should reflect immediately. However, they can take up to 3 business days for verification purposes, especially on large deposits.
In which countries can I make online casino deposits from my bank account?
Banking is available in all countries in the world, meaning there are many bank transfer casinos. However, regulatory bodies occasionally update their terms of service to mirror changes in the financial sector. All countries that allow online casino games accept bank transfers as a mode of payment.
How to check if an online casino has a bank transfer bonus?
Before participating in any promotion, go through the bonus terms and conditions. Part of the conditions for every promotion is the payment method, either open or specific. If the offer lists bank transfers as a condition, utilise it to the maximum.
Do I need to use my bank account for a bank transfer deposit, or can I use cash instead?
Irrespective of the form of money, the process must involve an account. The account is the wallet for the deposits and withdrawals. Therefore, you must have an account with the bank to process any payment when using the bank wire method.
Is it possible to play live casino games using bank transfer deposits?
Yes, save for those games on promotions, online casinos do not restrict the type of payment option to use. You can enjoy online gambling, including live casino, with bank transfer payments online.
Can I deposit via my banking app from an iOS device?
Yes. Having an online banking account has made financial transaction easier. You can perform instant bank transfer payments straight from your phone regardless of whether you have an iOS or Android device. Keep in mind that online casino transactions may require an additional verification step from mobile before the cash funds can be added to your account
Can I deposit into a currency different from the one tied to my bank account?
It is possible to deposit using another currency, especially since banks have the infrastructure. However, you will incur transaction charges when converting it to your preferred currency. Bank transfer casino payments performed in a different currency will have a small fee attached to them based on your bank's currency conversion rates, so when depositing at UK online casinos it's best to have an account in pounds.
Can I receive a casino bonus when depositing with my bank account?
Yes, at many online casinos, bank transfer payments will be completely eligible for casino bonuses such as free spins or a deposit bonus. At some, when you deposit with a bank transfer, casino bonuses may not activate due to the terms and conditions. Casino bonus wagering contribution varies depending on the casino so be sure to read the welcome bonus terms thouroughly to ensure you can withdraw any free spin winnings.
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