The bank transfer is the first payment method used at online casinos in times when other deposit and withdrawal methods were unavailable. Together with card payments, bank transfers represented the only way for casino enthusiasts to top up their accounts and receive their winnings. And even though the newer payment options are preferred nowadays, there are countries where bank transfers remain the go-to method.
You’ll have no issues finding a bank transfer casino as the deposit option is widely spread. However, if you want to learn more about how you can transfer funds through this method, the fees involved, or the processing time for withdrawals, it’s a good idea to keep reading this article.
How to Pay with Bank Transfer?
- Before making a casino bank transfer payment, you need to create an account at a casino offering this payment option
- Once you have an account, click on “Deposit” on the homepage (sometimes you’ll get a pop-up window right after you finish registration)
- Choose Bank Transfer from the list of available deposit methods
- Insert the amount you wish to deposit and select your bank from the dropdown list
- Once you click “Next” you’ll be redirected to your bank’s internet banking page
- Use your credentials or the token they gave you to access the account and confirm the transaction.
- Start playing your favorite online slots or table games
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Where can I Use Bank Transfer to Play on Online Casinos?
As mentioned in the introduction, finding an online banking casino is not an issue at all since we never encountered one that doesn’t accept this deposit method. However, you should be aware that in certain jurisdictions, the traditional Bank Transfer deposit option is replaced by the popular service in that area. Klarna in Scandinavia, Sofort in Germany, EPS in Austria, or POLi in Australia are just a few examples of how an online casino bank transfer deposit can look different than what we described in the above paragraph.
Is Bank Transfer Safe to Use?
When it comes to security and your transfer’s safety, there’s no other payment method that can compete with this one. You won’t share any data with the casino, bank account transfers are made between your bank and the casino’s financial institution. Furthermore, the two-factor authentication method used by most banks makes it the most secure online gaming transfer. So, while most other payment methods will require you to share sensitive data with the online casino, instant banking skips this step, and everything is done between the two banks.
How Can I Make a Withdrawal with Bank Transfer?
Of course, in most cases, the bank transfer is the only withdrawal option available to players. However, this only happens in rare cases when a bank transfer deposit casino does not support ewallets or cards for withdrawals. To request a cashout via bank transfer, just follow these steps:
- Go to “Cashier” (keep in mind that it could be located in “My Account” sometimes”
- Select Withdrawal this time around
- Choose Bank Transfer in the list, insert the amount you want to withdraw, and also input your IBAN
- In some cases, you may be asked to provide other details such as SWIFT/BIC, or other details that can be easily obtained from the bank
Can I Claim a Bank Transfer First Deposit Bonus or any other Promotion?
Sure thing! Once you find the best bank transfer online casino for your taste, nothing is stopping you from enjoying the best bonuses that operator has to offer. Depositing via bank transfer makes you eligible for all the bonuses, including the first deposit offer. Furthermore, making a casino pay by bank transfer can spare you of having to verify your account at some online casinos. No matter if the casino offers a percentage bonus, free spins, or any other deal as a first deposit offer, you will be able to enjoy it and boost your winning chances!
Are there any Fees for Using Bank Transfer?
Depositing at a fast bank transfer casino should not involve any fees. The casino doesn’t apply a fee when you top-up your balance so the amount you insert in the “Deposit” section will be exactly what is taken from your account. However, not the same can be said when requesting a withdrawal. However, the fees vary depending on the type of bank transfer you use. For example, if you go for a standard Wire Transfer, you could be looking at a fixed fee of €40/withdrawal. Some casinos take it upon themselves to cover this inter-bank transfer fee. However, that’s not always the case.
Also, especially when transferring money to international bank accounts, there’s a chance that your bank will apply a commission on the amount you send. It shouldn’t be more than 1-2%, however, you should contact your bank to get the exact figure.
- Over 3000 slots
- 100% welcome bonus
- Many deposit options
- Fast withdrawals
- Explore the VIP lounge
- Netent, Microgaming, Amaya
- 50 freespins on first deposit
- Play Book of Dead with bonus
- Quality live casino
- Hundreds of slots
- €/£99 welcome bonus
- Instant withdrawals
- UKGC License
- 10+ payment methods
- Fast withdrawals
- More than 500 slots
- 16 progressive jackpots
- Impressive live casino
- Nifty welcome bonus
- Trusted casino
- Good loyalty program
- Instant payments
- Special welcome offer
- Tons of slots
- Top live casino
- Fast payments
- Trusted brand
- Over 3000 slots
- 100% welcome bonus
- Many deposit options
- Fast withdrawals
- Explore the VIP lounge
- Trusted casino
- Instant withdrawals
- Up to €5000 first deposit offer
- All the latest slots
- Freespins on deposit
- Fast withdrawals
- More than 1000 slots
- 16 progressive jackpots
- Impressive live casino
- €100 welcome bonus & free spins