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Bank Transfer

The bank transfer payment method is one that has found itself in use at online casinos pretty much since they began operating all those years ago. It’s still one that can be found at most online casinos today, meaning that it has managed to last throughout the years. Granted, in some cases, it may be a longer method of doing things, but it does have its own perks in comparison to some other payment methods.

How to Make a Deposit Using a Bank Transfer

Making a casino deposit through the use of a bank transfer isn’t usually difficult, although it depends upon what type of bank transfer you actually put into effect. If it’s a standard online bank transfer, then the process is quite simple. You’re simply required to navigate to the casino cashier page and select the bank transfer option from the list. The likelihood is that you’ll then be given details of the casino’s bank account.

With that information, you simply log in to your own online banking, select the transfer option and enter the casino’s bank details as well as the amount that you wish to send there. A reference number is usually always given too, so that the transaction can be kept track of.

If, on the other hand, you decide to make a bank wire transfer, then you’ll need to take details of the bank account to your bank branch. The key difference with this is that bank wire transfers tend to take a lot longer to complete than a standard online bank transfer. Usually, the former can be quite instant, while the latter can take up to two weeks to fully complete.

Minimum Deposit Amount Using Bank Transfer

Bank transfers are often used as an alternative to other options, because they tend to provide the ability to deposit higher amounts. In this instance, it is sometimes the case that the minimum bank transfer casino deposit is higher as well. While standard depositing methods may offer minimums of £10, bank transfers sometimes require you to make £50 or £100 deposits at least.

One other thing to remember about this option is, that if you’re using the bank wire transfer option, there is likely to always be a transaction fee from your bank to process this.

Minimum Withdrawal Amount Using Bank Transfer

As with the depositing details, withdrawals through bank transfers are often used when higher amounts are required. Often times, you’ll find that the amount that you can withdraw through bank transfers is limitless, although some casinos do place general limits on withdrawals via any method.

Minimums for withdrawals, as with deposits through this method, will often be higher than others as well. So, it’s not uncommon to see an online casino stating that a minimum bank transfer withdrawal limit stands at £100 or £200, for example.

Casinos That Accept Bank Transfers

This casino deposit option is available to use at a mass of online platforms, with some of our favourites being:

  • 7Gods Casino – Featuring rich graphics and a well-designed website, the 7Gods casino affords its players a great welcome bonus and several free spins rewards. Games are available from developers like Evolution Gaming, Netent and Elk Studios, while a number of payment methods are usable alongside bank transfers.
  • Playzee Casino – Bank transfers aren’t the only great part about Playzee, which also contains a variety of games, including slots, live dealer and table games. It’s also compatible with mobile devices and bank transfer withdrawals only take up to five business days to complete.
  • PokerStars Casino – The casino site of the PokerStars brand is every bit as inviting as the poker room. With an iOS and Android app available to download, a great welcome bonus and enthralling site design, this one will entertain from start to finish.

Why You Should Use Bank Transfers

Bank transfers may occasionally take longer to process than other payment methods, but they do offer up a secure transaction. Additionally, they allow for higher amounts to be deposited and withdrawn, making them a great option for those players who consider themselves high-rollers.

Advantages

  • High deposit and withdrawal limits
  • Strong level of security
  • Large number of online casinos support bank transfers

Disadvantages

  • Slow processing time, especially in the case of bank wire transfers
  • Additional fees to pay in some circumstances
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