You may have seen it becoming more and more prevalent these days, and that’s great. Qiwi casinos are popping up all over the place. There are now hundreds of online sites that support the Qiwi depositing method, although of course it’s necessary to seek out a reputable one.
fees: Depends on the bank and the amount transferred
deposit: 3-5 business days
Cashout: 3-5 business days
Bank transfers are among the oldest and safest options when it comes to depositing and withdrawing money at an online casino. You’ll need to verify your bank account at the casino when using this method, allowing your bank to contact you in case any fraudulent activity is detected on your account.
This way, you can rest assured that your money is in safe hands. Furthermore, the bank transfer casino payment method is available all over the world and most casinos offer it as a deposit and withdrawal method.
On the other hand, one of the biggest downsides to bank transfers is how long they take to be processed – there’s always a significant window of time between when you request your funds to be deposited or withdrawn and when you actually receive the funds on your balance.
How long this takes varies from bank to bank, but you’re usually looking at a timeframe of 3 to 5 working days. If speed is not really of the essence to you, read on to find out more about using bank transfers to deposit and withdraw money at casinos.
Online Casinos That Accept Bank Account Transfer
The Story Behind Bank Transfer
You’ll find plenty of different names for bank transfers, including bank wire, credit transfer, or wire transfer. All of these refer to similar concepts – that is, the electronic transfer of funds from one individual or entity to another.
Most international transfers are executed through The Society for Worldwide Interbank Financial Telecommunication (SWIFT), a society of international banks that operates a global network to facilitate the transfer of financial messages.
To make a bank transfer to an online casino, you will need an online banking account and the casino's banking information - in other words, the account you are sending the money to.
Once you have all the recipient details and are logged in to your internet banking account, choose the 'Transfer Money' function, enter the information on the account you are sending the money to, as well as the amount of the transfer and the date you want it to be processed, and approve it.
You may be charged a fee for the bank transfer since banks collect payment for the service from the sender, as well as the recipient.
Using Bank Transfer in Online Casinos
Making a casino payment through bank transfer is simple and the fact that you are using banks ensures that the transaction is secure, especially if the money is going overseas. Read on to find out how to make a bank transfer payment at an online casino, as well as how to withdraw money from your casino account using bank transfer.
How to Deposit at Bank Transfer Casino Sites
The process of depositing money using a bank transfer is simple.
- First, head to the cashier section on your online casino account and select ‘deposit’;
- Choose bank transfer as your payment method;
- Enter the amount you would like to transfer, and any banking details that the casino may request;
- Your bank may ask you to verify your identity through a security check, such as a code you receive by SMS;
- Once you’ve cleared the security check, wait for your funds to be processed. You can start playing as soon as they are available.
Fees to Use Bank Transfer to Play Online
Bank transfer fees vary from one bank to another and should be listed in the policy of your bank's choosing. Generally, the greater the amount you transfer, the more you will have to pay. The fees for bank transfers can range from a few cents to $50 or even more, depending on the size of the sum.
How to Withdraw Money With Bank Transfer
Ready to cash out your winnings? Here’s how to withdraw money from online casinos with a bank transfer.
- Visit the cashier page of the casino and select withdraw;
- Enter the amount you would like to transfer from your casino to your bank account;
- Fill in any other banking details that are requested of you;
- Confirm the transaction, and wait for the casino to process and release the funds to you.
You may need to submit identification documents like ID or utility bills with your name and address on them in order to confirm your identity before releasing the funds.
Bank Transfer Withdrawal Speed
The withdrawal speed varies from bank to bank but it usually takes around 3-5 business days for the funds to reach your account.
Why Choose Bank Transfer Casinos
There are several reasons why one would opt for bank transfers as their preferred payment method at an online casino. Bank transfer transactions are safe and secure, protected with high-level security protocols and through cooperative international financial networks.
They are also quite customer-friendly, requiring nothing more than an online banking account to take place, and with few steps to follow, unlike some other payment methods which can be quite daunting for those who are not that tech-savvy.
Additionally, another tick in bank transfers' pros column is the fact that they can be used worldwide, unlike other payment methods which are often restricted to a few small markets. All in all, it’s definitely a payment method that has stood the test of time, and we can see why it’s still such a popular choice with players even when there are so many other payment methods to choose from.
Best Casinos that Accept Bank Account
Let's have a look at some of the online casinos accepting bank transfer.
|Casino||Bonus Amount||Free Spins||Licensed|
|Vulkan Vegas||Up to €1000||175||Yes|
|Rizk||Up to €100||50||Yes|
|LeoVegas||Up to €400||n/a||Yes|
|Genesis||Up to €1000||300||Yes|
|Casumo||Up to €100||100||Yes|
Bank Transfer Casinos Pros and Cons
- Extremely safe and reliable.
- Available worldwide in nearly every casino.
- Easy for any player to use.
- Long processing times compared to other payment methods.
- Fees vary from one bank to another, and depending on the amount being transferred.
Special Casino Bonuses Using Bank Transfer
Not many casinos offer special deposit bonuses exclusively for customers who use bank transfer to deposit and withdraw funds. However, most bank transfer users will be eligible for any casino bonuses which are available sitewide, unlike users of payment methods like Skrill and Neteller, which are frequently excluded from such bonuses.
We highly recommend that you read the terms and conditions of any offer, bonus or promotion prior to opting in so that you will have all the necessary information at hand.
How Can I Contact Customer Support About My Bank Transfer?
If you have any questions regarding your casino bank transfer, you’ll need to get in touch with your bank directly, usually over the phone or via email or live chat. Check your bank’s website to get the necessary contact details.
Other Payment Methods Similar to Bank Transfer
Online Casinos With MaestroRead more
Online Casinos With Discover CardRead more
When it comes to transacting at online casinos, credit cards have always been amongst the most popular methods. It is no surprise that the growth of online gaming has seen an increase in the demand for the use of Discover Card as an accepted payment method at online casinos. While the method is still gaining traction, there are a few online casinos that already accept the card and the growth trend seems set to continue for the foreseeable future.
Online Casinos With Credit CardRead more
MasterCard and Visa credit cards are the easiest and most widely used direct payment method. Amex cardholders can use their American Express card at most US Online Casinos. A casino that offers Visa and MasterCard can be deemed as a secure and trusted casino. Certain fees may apply with every transaction or on a monthly basis, depending on which company you use.
Are Bank Transfers Safe?
The safety of banks is undisputable, and bank transfers are considered to be the gold standard of trustworthy payment methods at online casinos.
Each bank is registered with its country’s financial services authority – if you want to find out more information about your specific bank, you’ll be able to find this in the small print on the bank’s website.
Among the tools banks use to ensure that online bank transfers are safe, you’ll find:
- Anti-virus and anti-malware protection that prevent viruses and malicious software;
- Firewalls that block unauthorized access and traffic from unsafe internet sources;
- Secure Socket Layer (SSL) encryption, which creates secure connections with your browser, keeping it safe from potential cyber-attacks;
- Multi-factor authentication measures, such as using a password, a PIN and an authentication code to confirm that the person making the transfer is the account holder.
Is Bank Transfer the Right Payment Method for Me?
Bank transfers are among the safest payment methods when it comes to gambling online. It’s available to casino users worldwide, and you can rest assured that your money is in safe hands when making a deposit or withdrawal at a licensed online casino - for these reasons, we can recommend it.
However, there’s no denying that bank transfers are among the slower payment methods available to casino players. If fast deposits and withdrawals are a priority for you, on CasinoTopsOnline you can find plenty of other payment methods to choose from.
Bank Transfer Casinos FAQs
Below, you'll find some of the most frequently answered questions about using bank transfers to make deposits and withdrawals at online casinos.
Can I use bank transfer at online casinos?
Yes, most online casinos offer bank transfer as a payment method.
Is bank transfer free to use to gamble?
The fee of bank transfer depends entirely on your bank's individual policies. If in doubt, contact a customer representative from your local bank.
Which countries accept bank transfer?
Most countries which allow online gambling accept bank transfer as a payment method for online casino transactions.