Over 150 years ago, transfers were being sent via telegram which eventually led to the first monetised telegram sent in America, a move that would pave the way to bank transfers as we know it! Thanks to the advancements in technology, bank transfers have evolved into what we now know as one of the easiest and safest ways to fund your casino account. Keep reading to find out everything you need to know about Bank Transfer Casinos and why so many players opt for this tried and tested method.
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About Bank Transfer Casinos
Bank transfers have been used as a way to move funds from one’s own bank account to another since the 1990s and today, many players around the world use this method to fund their casino accounts. It offers safety and convenience for those who either don’t have or don’t want to use a credit card or e-wallet so that they too can enjoy online gambling from the comfort of their own homes.
Although players could technically go to the bank and make the transfer from there, the majority of them will choose to rather use their mobile device or desktop computer to save time. Making deposits and withdrawals at Bank Transfer Casinos is easy and can be done by following the steps we’ve provided below.
The players who decide to opt for an alternative payment method mostly do so because bank transfers just take longer to process than any other method. However, it’s a saving grace for players who have made a deposit using one payment method only to realise that they aren’t able to use the same method to withdraw their winnings! If that’s you, then follow the steps below to withdraw your exciting jackpot!
Bank Transfer Casino Transactions
Introduction
Although it may take a tad bit longer to have your deposits and withdrawals processed using this method, there’s a reason so many casino players still choose to do so anyway. Sure, the security is excellent, but the bonuses you receive for funding your casino account with bank transfers are even better!
You’ll find that more than a few online casinos exclude certain payment methods from welcome offers or offer even better rewards to players who use a specific payment method. Below you’ll find a few of the most common casino bonuses on offer to players who choose to play at Bank Transfer Casinos, as well as a brief explanation of each.
Why Use Bank Transfer at Online Casinos
Free spins are one of the most common ways online casinos reward their players. It can be part of a welcome package, a reload bonus or offered to players who have remained loyal to a casino. The spins will often need to be used to play a certain slot which will be mentioned in the bonus’s terms and conditions.
Unless stated otherwise, players will need to wager whatever money they win using free spins a certain number of times before they’ll be able to withdraw any money won while using the bonus spins.
Mostly used as part of a welcome package, a deposit match gives you the chance to double or even triple your money! If a casino advertises a 100% deposit match up to €,1000, if you make a deposit of, let’s say, €500, you’ll receive an additional €500 which gives you a total of €1,000 to play with!
Keep in mind that each bonus comes with its own set of rules and wagering requirements which should be considered before going ahead and claiming the exciting reward.
Bank Transfer Casino Safety Features
The thought of entering banking details that lead to all of your funds can understandably make a few players feel uneasy. The main concern people have when it comes to depositing money into their casino account is whether or not they’re putting themselves at risk. Well, we’re here to tell you that when it comes to bank transfers you can be sure that you’re using one of the safest payment methods around.
This is because Bank Transfer Casinos use a type of technology called cryptography to protect your information which prevents details such as your financial information, personal details etc. from being sent in plain text rather than unreadable code. Whenever you decide to visit your bank transfer casino, you visit your browser and begin logging in to the casino you’ve registered at.
When you click and submit the information on the casino site a “request” is sent out to the server. But before this request reaches the intended target it passes through loads of other networks or servers, and that is where things can get ugly. If you aren’t playing at a casino that uses SSL encryption then the information you provide is easily accessible, giving hackers the best possible opportunity to steal your information.
Making transactions at Bank Transfer Casinos that use SSL technology secures your data and, although it still travels through various networks or servers, it will appear as a combination of random letters and numbers rather than plain text. For example:
These exciting bonuses allow players to recover a certain amount of the money they’ve lost during a losing streak. Although the cashback bonus percentage you receive back will vary from casino to casino, it usually ranges between 10% and 20%. You’ll need to read the rules before claiming this bonus, though, as there’s always a limit to how much you can claim back. Even so, it’s a great way to ensure that even if you lose the money you set aside for your online casino fun, you’ll still be able to retrieve at least some of it.
A reload bonus is usually reserved for players who have made at least one deposit into their casino account before. It’s used as a way to offer rewards and keep players happy by offering exciting bonuses like free spins or a deposit match the next time a deposit is made and can also be used to encourage players to return to the site if they’ve been offline for a long period of time.
Bank Transfer Casinos Pros & Cons
Bank Transfer Casino Games
Pros
When it comes to playing online, we’re all after the same thing, quality casino games! When you register at any of our recommended Bank Transfer Casinos, you can look forward to endless hours of entertainment!
Are you someone who loves to sit back and enjoy hours of casino fun while betting minimum amounts? Then you’ll love the range of exciting slots that can be played for hours without having to spend loads of money. Do you prefer the fast-paced action of roulette, craps and blackjack? Then take a look at the variety of live games!
What’s great about Bank Transfer Casinos is that most of them are available as a mobile app, and even the ones that aren’t will offer players the chance to enjoy exciting bonuses and games by simply visiting the casino’s site using their mobile device.
To show you exactly what you can look forward to, we’ve listed a few of the game categories you’ll find at Bank Transfer Casinos as well as a few examples of the most popular options perfect for every casino player!
Bank Transfer Alternatives
Because players may have to look at paying extra fees when using this method and the minimum deposit and withdrawal limits are often a lot higher than most, it may cause a few players to pause and consider whether making a bank transfer is the only safe way to fund their casino account.
Although bank transfers are known for their extreme security and convenience, for many people the cons simply outweigh the pros which means it’s time to start looking for an alternative that’s just as safe and secure. Bank transfer casinos want to ensure that each player has access to payment methods that make them feel most comfortable which is why the majority of them will offer modern versions of bank transfers, a few of which you’ll find below.
Bank Transfer VS Other Payment Methods
Payment Method | Advantages | Disadvantages |
---|---|---|
Bank Transfer | · Safe · Widely Available · Easy to use · No exclusion from bonuses | · Longer processing times · May need to pay fees |
InstaDebit | · Excellent security · Fast transactions · Supports many currencies | · Mostly available to Canadian players |
Paysafecard | · Safe · Make quick transactions · The process is simple | · Can’t be used for withdrawals |
iDeal | · Simple to use · Quick deposits · Safe | · Not available everywhere |
Conclusion
If you’re someone who worries about making safe and secure casino transactions then Bank Transfer Casinos are perfect for you! If you choose to transfer money from your bank account into your casino account, a straightforward bank transfer may take a bit more time, however, the limits are much higher which makes it perfect for high rollers looking to spend big to win big.
Not too keen on entering your financial information online? That’s perfectly okay because these reputable casinos give you the chance to use alternative methods that are similar to bank transfers so that you get to make safe casino transactions while enjoying instant deposits and speedy withdrawals.
By choosing any of the Bank Transfer Casinos we recommend, you’ll gain access to a wide range of bonus offers and games. For players who are looking for exciting rewards and a thrilling casino experience, we definitely recommend trying out Bank Transfer Casinos today!