What is Bank Wire?
Bank Wire (a.k.a wire transfer or credit transfer) is a method of transferring funds from one person or organisation to another. It may be executed by handing instructions to a bank or by transferring cash using a cash office. Bank wire transferring has been around for time immemorial and if you’re looking for a viable, easy and ultra-safe way to deposit and withdraw funds to and from an online casino account, you may want to consider this option. Wire transfers are becoming more and more popular and one of the reasons for this is speed. We’re not talking about a standard bank transfer here; a wire transfer works somewhat differently and is a particular way of transferring funds through a bank.
Online Casinos that accept Bank Wire Transfers
About 10 to 15 years ago, Bank Wire was one of the best and fastest payment methods that was used to transfer payments to people and companies globally including online casinos. Nowadays although many other quicker online casino payment option alternatives have been introduced by online casino operators in order to facilitate real money deposits and withdrawals, Bank Wire payments are offered to clients who still don’t feel too confident about making payments via the internet.
Bank Wire Casino Bonus
Provided that you’re quite used to playing at land-based casinos in the world’s gambling meccas, such as Vegas, Reno or Macau, your experience of gambling has probably been great so far. Yet the glamorous brick-and-mortar casinos, lack a few things to be quite honest with you. Other than the massive amount of online casino games present, one of the things which land-based gamblers also miss out on are online casino bonuses. Well, if you opt to play at a Bank Wire online casino, we have some good news for you; you’ll be able to cash in on an online casino bonus which can make all the difference to your online gambling experience. Find the best casino bonus from our toplist, deposit money and claim your bonus money.
1) Sign up to a Bank Wire Online Casino
The first step in using Bank Wire to transfer funds to an online gambling site is obviously finding a Bank Wire online casino to start sign up and start playing at. It is recommended that players intending to use wire transfers inquire as to whether the casino of their choice allows this option for both deposits and withdrawals. Some tend to allow bank wire transfers for deposits exclusively. Rather than scouring the net to find one that accepts this offline payment option, you can simply head to our list above and take your pick. Each one is safe and has been approved by our knowledgeable staff in order to ascertain that you’ll be able to have a safe and fun online casino experience.
2) Get all the information you need to make a Bank Wire Transfer
Once a player has registered at a Bank Wire casino, affecting a transfer is easy. Different banks have different processes for conducting this type of transfer but it’s never a complicated process. In order to find out exactly what information you’ll need to execute a bank transfer, it’s always advisable to ask your bank directly. However very often, the information that you’ll need is the casino’s IBAN, BIC or SWIFT code along with the casino’s bank address and the address of the online casino itself. The casino may require information such as your bank’s routing number as well as your account number for cashing-out purposes. Players ought to note that there are always fees involved when using bank wire, which always depends on the bank, as well as the casino of choice. Always inquire about the fees involved prior to executing a transfer of funds.
3) Fill in the Form and Order Your Bank Wire Transfer
When you’ve finally chosen an online casino to play at and have successfully signed up, it’s now time to order your bank transfer. Simply head to your bank and fill in the form provided with all the necessary information and present it to the person in charge of submitting your request.
4) Wait for Your Bankroll to be transferred to Your Account
After you’ve submitted your form at the bank, simply wait for your bankroll to appear in your online casino account. Typically, you’ll have to wait a while for your transfer to occur.
How to Withdraw Your Winnings from Bank Wire Casinos
1) Log into Your Bank Wire Casino Account & Head to the Withdrawal’s Page
Provided that you’ve managed to win an amount whilst playing at your Bank Wire online casino of choice, you’ll obviously want to cash out your winnings. In order to do so, simply head to your online casino account and log in with your username and password. Then head to the casino’s withdrawal page.
2) Decide on the amount You wish to Withdraw
Once you’ve navigated to the withdrawal’s page successfully, you’ll need to select Bank Wire as a withdrawal option and specify the amount you’d like to transfer out of your Bank Wire casino account.
3) Click Withdraw to be sent your cash
When you’ve decided on the amount you’d like to transfer, simply click on the ‘Withdraw’ button and you’ll be able to transfer your winnings to your bank account.
If transfer time is an issue for you, then you may want to consider an alternative method to wire transferring. Yes, it’s quicker than a traditional bank-to-bank money transfer, due to established banking protocols pertaining to wire transfers, but when comparing the method to the use of credit cards for example, transfer times are quite long. It may take up to 7 days for a transfer to clear when using wire transfers and this is an eternity when compared to credit card transfer times, which take place in real time.
Customer support is no issue at Bank Wire casinos. Bank wire transfers are conducted through your bank, meaning that gaining customer assistance is as easy as paying your local branch a visit. Many people already have a strong professional relationship with a bank representative and banks tend to take any client’s issues with money transferring very seriously.
Bank Wire is a familiar payment method that can be used at casinos
A large number of online gamblers feel confident in making transfers using Bank Wire due to the fact that they’re already familiar with it. That said, unless you’re a millennial the chances are that you’ve made a Bank Wire transfer at least once in your life.
This offline payment option allows you to transfer large amounts of money
One of the advantages of using Bank Wire is the fact that this offline payment method allows you to make large transfers to online casinos, unlike many online payment methods which often impose maximum transfer limits.
The vast majority of Online Casinos accept Bank Wire
Although Bank Wire is quite an old-school method of transferring money to and from online casinos, it’s surprisingly accepted at the majority of online casinos. So you’ll have plenty of online casino brands to choose from.
Disadvantages of Using Bank Wire at Online Casinos
Transfers are not instant
Unfortunately, transfers that are done through Bank Wire do not occur instantly. You’ll have to wait a few days until your bankroll is transferred in your online casino account.
You’ll have to go to a Bank to Make a Bank Wire Transfer
Unless the bank supports online Bank Wire transfers, which is most often not the case, you’ll have to head to your bank in order to make a Bank Wire transfer at an online casino.
Which online casinos accept Bank Wire?
There are many online casinos that accept Bank Wire. Amongst the plethora of casinos on the net that do are the ones in our list which are all reputable and safe to play at.
Am I entitled to an online casino bonus on signing up and depositing at a Bank Wire Casino?
Yes, on signing up and depositing at a Bank Wire online casino, you’ll be able to claim the online casino bonus that’s being advertised by the casino you’ve signed up at.
Are there fees associated to making Bank Wire transfers?
Yes, there are normally fees when using Bank Wire. The fees you’ll have to pay often depend on how much your bank of choice charges for carrying out the transfer. So in retrospect it’s always wise to ask them prior to making transfers using Bank Wire.
Are there any alternative offline casino payment options that can be used instead of Bank Wire?
Other than Bank Wire, many online casinos out there in the virtual ocean of online casinos offer eCheck and UseMyFunds as offline casino payment methods. If you’d like to find out which online casinos offer eCheck or UseMyFunds, head to our eCheck Casinos guide or our guide to UseMyFunds Casinos respectively where our experts explain all you need to know about the payment option and how to use it at online casino as well as list of supported online casinos. There are also other traditional forms of payment options such as playing at MasterCard casinos or VISA casino.
Are there any good online alternatives to using Bank Wire at casinos?
If you’d rather your bankroll get transferred quicker, there are many other safe online casino payment alternatives that can be used to transfer money to and from casinos that are found on the net. In terms of credit/debit card options, you’ll find that the global leaders Visa, Mastercard and Amex are virtually present as options at online casinos. Yet, provided that you’re looking for a bit of a safer solution, we highly recommend using e-Wallets which often have a double layer of security. Amongst the many e-wallets present online, you’ll find that PayPal, Neteller and Skrill are amongst the most popular.
Play at Online Casinos that accept Bank Wire & Start Your Gambling Journey
Bank Wire is a perfectly suitable banking method for online gamers that are not overly fussed about the time it takes for fund transferring processes to clear. Bank wire deposits allow players to refrain from passing on their banking and personal information to third parties, making this a very safe deposit option. They are also available as a banking option at most casinos, giving players who choose to use them a lot of freedom to choose a casino they enjoy. Bank wire transfers also come with many welcome and reload bonuses attached to their use at several casinos, so players are advised to look out for this when making their casino choice. And finally, you may certainly want to consider wire transferring if you intend to bet big. High rollers benefit exceptionally from using wire transfers due to the fact that many casinos will allow higher amounts to be deposited through bank wire than they would through alternative methods. As long as you take all of the above into account, we have no qualms about recommending bank wire transfers as a perfectly viable option for online casino banking.