A Full Guide To Wire Transfer Casinos

Introduction To Top Wire Transfer Casinos

The first money transfers were recorded during the 19th century and took place over telegraph wires. Today, though, the name refers to the transfer of funds between accounts, and the most common way to do this is through a bank-to-bank transfer.

The basic principle is straightforward. You instruct your bank to transfer funds using BIC or IBAN codes to your online casino of choice. The bank sends a secure message to the casino’s bank account using a safety system like Fedwire or SWIFT. The funds are then settled between the two banks. The process of funding your account and cashing out winnings at wire transfer casinos can take anywhere from a few hours to a few days.

Most of the top online casinos are happy to accept this form of payment, and they offer a few plus points for players. Wire transfers are safe but there’s some waiting involved. Once your funds have cleared, though, you can claim bonuses and play all your favourite casino games.

Deposits And Withdrawals At Wire Transfer Casinos

A wire transfer is the direct transfer of money from one bank account to another. It’s a safe option for online gamblers and one of the simplest ways to fund your casino account, provided your bank approves of gambling transactions. All you need to get started is a local bank account with electronic banking enabled and a secure username and password.

Bonuses And Rewards For Wire Transfer Players

If you prefer to play and pay at wire transfer casinos, we have good news. This is one of the payment methods that are typically eligible for bonuses, promotions and player rewards.

From no deposit bonuses to exciting welcome packages, free spins, cashback, reload bonuses and more, you can get your hands on rewards to boost that bonus and enhance your time on a particular platform.

There are even some casinos that include certain perks for using this payment method, to pique your interest and keep you playing.

No matter which casino you play at or which bonus you claim, read the terms and conditions first so you know what’s expected in terms of deposit and withdrawal limits, caps on winnings, validity and wagering requirements.

Is It Safe To Play At Wire Transfer Casinos?

Wire transfers occur directly between banks and bank accounts, which means they’re heavily protected by the bank’s security systems along with a casino’s safety protocols. Banks, especially, have some of the strictest encryption measures in place to make sure money is safe.

It’s the same if you decide to play at mobile wire transfer casinos, which use the same encryption measures along with 2-step verification processes.

The only downside is that you do need to share your bank details with casino operators. Provided you play at regulated and reputable wire transfer casinos, like the ones listed on this page, you can rest assured that your data is encrypted and secure.

Wire transfers have been a go-to payment method around the world for funding pretty much anything. They’re a low-friction and reliable way to move money globally and when it comes to funding your accounts at the best wire transfer casinos, they’re a great option, especially for high rollers who like to move larger amounts of money to and from their bank account and their casino accounts.

Secure And Convenient, But You’ll Pay For The Benefits

While playing at wire transfer casinos come with plenty of benefits, there are drawbacks to this payment option. You may notice when you visit your favourite online casinos that this is a payment option that’s not high on the popularity list. While there are players who prefer to make transactions via wire transfer because it is reliable and safe, many prefer not to use it for two big reasons.

First of all, wire transfers take time. If you’re one for FOMO when it comes to grabbing and playing games right away, you want instant deposits. Wire transfers don’t cater to this, and deposits to online casinos can take a few days to clear. It’s most likely to do with the fact that banks need to do some verification to ensure there’s no fraud going on. This is a good thing, but it means you won’t get instant access to offers and games.

Second of all, wire transfers come with additional fees, which differ depending on the amount of money you are transferring, and this applies to both casino deposits and withdrawals. This might not seem fair considering it’s your funds, but banks and casinos need to cover their own costs, and since there’s more work for them to do with wire transfers, they need to cover those costs.

If you’re somewhat old-school and okay with handing over bank details to casino operators, then playing at wire transfer casinos is for you. If not, you’ll need to consider alternative payment methods, like e-wallets, prepaid cards, cryptocurrency and even pay-by-phone casino payment options.