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The Most Popular Wire Transfer Casinos for 2020
Banking methods have evolved rapidly across the iGaming sector and there are quite a few methods that offer a touch of innovation to meet consumer expectations. As casino players yourself, you are privy to the plethora of available payment methods. Yet, one of the best and time-tested way to transact money remains wire (or bank) transfers. Wire transfers are reliable, traceable and they are conducted by a series of trusted financial authorities. For your comfort, we have put together a list of recommended casinos offering bank transfers as a payment method:
All of these casinos provide you with swift ways to deposit and withdraw. The added security of a bank transfer resonates with many casino players who would much rather have a financial institution handle their deposits. Yet, how do you know that these payment options are safe? We will take a look at this.
Our Recommended Casinos for Wire Transfer in November 2020:
- 1 Our Recommended Casinos for Wire Transfer in November 2020:
- 2 Wild Casino
- 3 SlotoCash
- 4 Bovada
- 5 Ignition Casino
- 6 The Best Wire Transfers Casinos Online
- 7 Benefits of Wire Transfers
- 8 How Safe Are Bank Transfers?
- 9 How to Fund Your Casino Account with Wire Transfers?
- 10 Play the Best Casino Games and Deposit with Bank Transfers
The Best Wire Transfers Casinos Online
Bank (wire) transfers are one of the cornerstone payment options in the iGaming world, and as such, you can find quite a few casinos offering you to cash out with wire transfers. Yet, to have the best possible experience, you will always need to single out the ones that meet established industry standards.
And this is precisely what we bring you today. The casino sites we recommend are reliable venues where you can deposit and withdraw with wire transfers. We have made sure that all of these websites meet industry standards for security and transparency.
While many players also prefer to alternate the payment options they use, often turning to Instadebit, i-Deal and even Debit cards, you can rest assured that this is just another form of a bank transfer. Payment methods that are carried out by a payment options usually take a little more time to complete, but are often preferred thanks to their overall level of security.
Benefits of Wire Transfers
The biggest upside of using wire transfers is the transparency. By logging every transaction through a bank system, you will have the opportunity to track your money effortlessly. If money gets stuck, your bank can run a trace and establish where your funds are. To highlight the benefits of using this method, we should mention:
- Traceability offering players a peace of mind regarding the safety of their minds
- The method is available at nearly all online casinos and is one of the sure-fire signs of a trusted operator
- Very high depositing and withdrawing limits not quite available to other methods
There are significant advantages of using wire transfers as your preferred payment option, for sure. Yet, some people are worried that this method may incur steep fees. Incoming transfers often will cost you a percentage of the total amount. Surely, there are certain disadvantages to consider:
- Longer than usual transaction times, up to seven business days
- Fees for every transaction usually calculated as a percentage of the transacted amount
Sending a deposit to your casino account also could incur charges. This is why, bank transfers often give ground to Visa, MasterCard or another accepted debit or credit card. For all the alleged downsides, bank transfers can be very handy and while they may cost something extra, players are always sure their funds are safe.
How Safe Are Bank Transfers?
Arguing that bank transfers are safe would be an understatement. They are the safest way to transact money online. There are at least several reasons for that. First, only licensed and approved casino can afford to offer bank wires.
Unregulated operators will be shut down immediately. This is your way to test the waters and confirm that a casino is worth your while and meets regulatory norms. Secondly, banks have multiple fail-safes to ensure that third-party are kept at bay.
Even in the age of online banking, banks have smart encryption technologies, SMS and token verification systems that make banking from a smartphone or a portable computer a piece of cake. The standards are just as tight for your casino banking.
How to Fund Your Casino Account with Wire Transfers?
Funding a casino account with a wire transfer is very easy. Once you have picked a reliable casino, all you need to do is navigate to the relevant payment option in the cashier section. Just click on Bank Wire, and you will be prompted to connect your wire account to the cashier section. Punch in the amount you want to deposit and click accept as per the instructions at the casino.
Once you have sorted this out, your money should appear instantly. Now, some transfer times even where deposits are concerned could take longer. Deposits should be instant, but wire transfers generally take slightly longer so financial institutions can ensure everything meets regulatory standards.
Alternatively, you can use other similar payment methods, that still have to be verified by a bank, but are quicker to conclude – iDEAL and eChecks are popular substitutes. Bank cards are also viable alternatives as you can very easily issue yourself a card to use just for gaming.
Play the Best Casino Games and Deposit with Bank Transfers
Not least of all, you will have a variety to fantastic gaming products. Bank transfers are available at nearly all casinos as universal payment option. The majority of casinos we have reviewed and recommend will provide you with both reliable banking as well as a selection of awesome casino games. You an find all the products you want and have a hassle-free experience depositing and withdrawing form the casino, all thanks to bank transfers.
Do casinos accept Wire payments? Yes. Bank transfers are ubiquitous and you can expect nearly all casinos today to be open to wire transfers of any kind.
Can I transfer money into my account direct from my bank? Yes. Bank transfers allow you to transact funds directly between your bank account and casino balance, making for a quick, reliable and safe universal payment methods.
How secure are bank transfers? By far the safest payment method is bank transfers. A bank would not transact money towards an entity that has been blacklisted or runs illegal gambling business.
What is the most popular bank transfer method? Bank cards are very likely the most popular bank transfer method. While many casino offers you to enter your IBAN or other banking information to conclude a payment method, debit and credit cards, such as Visa and MasterCard remain the most-sought after options.