Why Should You Pay With Wire Transfer at Online Casinos?
Wire Transfer is one of the most simple and popular online payment systems in the world. Often referred to as a credit transfer this payment method is one of the most simple to use yet reliable ones when it comes to online casinos.
Wire Transfer is often preferred by high rollers because it allows stunning amounts of money to be transferred compared to other payment systems like a digital wallet where the limits are far lower.
Note
The system is quite simple. It only requires you to have a bank account without the need of having a credit debit card attached to it to transfer money or make online payments.
Another great this about this payment option is the fact that a Wire Transfer casino is never hard to find because almost every gambling website on the market will accept Wire Transfers for both deposits and withdrawals.
How to Join Wire Transfer
All you need to be able to use the casino Wire Transfer payment system is a bank account. That’s all! It doesn’t matter at what banking operator is your account open because all banks support this type of payment method.
The only issue that might occur with Wire Transfer revolves around the state of online gambling in a country. If online gambling is forbidden or under a grey zone in your area, you won’t be able to use Wire Transfer to send money or deal with any electronic money transactions at an online casino.
Deposit and Withdrawal From a Casino Using Wire Transfer
If you already have a bank account and you have money in your account, you are set to go because there are no extra steps required to make a Wire transfer deposit or a withdrawal at Wire Transfer online casinos.
How to deposit at online casinos using Wire Transfer
A Wire transfer deposit is very easy to make, at least when compared to other casino payment systems. Just in case, we have prepared a step-by-step guide on how to deposit at your Wire Transfer casino online.
- Head to your favorite Wire Transfer gambling website and log in to your player account
- Visit the Cashier section and select Wire Transfer as a deposit method
- Enter your name, the bank address, your home address as well as your IBAN and SWIFT codes
- Select the desired amount of cash to deposit
- Wait for your banking operator to approve the transfer. This may take from a couple of hours to a couple of business days
How to Withdraw From a Casino Using Wire Transfer
There is no need to ask yourself how to withdraw money from Wire Transfer casinos because the process is just as simple as depositing as you will see below.
- Head once again to your Wire Transfer gambling website and log in to your player account
- In the Cashier section select Wire Transfer again, but this time as a withdrawal method
- Provide the required IBAN and SWIFT codes as well as your name and address, just like you did for the deposit
- Enter the amount of cash you wish to withdraw
- Wait for the process to be complete and your money to be delivered to your bank account
Pros and Cons of Joining Wire Transfer Casinos
Even if Wire Transfer is one of the first online payment systems used at gambling websites, it is still very popular and preferred by many players all around, casinos online Wire Transfer come with their own set of pros and cons. Before you make any decision, take a look at the table below.
PROS | CONS |
Wire Transfer casinos are among the most popular ones on the market, being available in all corners of the world where online gambling is legal. | Unfortunately, using this payment method is not free of charge. Each time you transfer money from your Wire Transfer account, there will be some fees |
Wire Transfer is very easy to use, even by new players because it requires no extra setup like a digital wallet would and you won’t have to register any additional account | Wire Transfer can’t be used in countries where gambling is illegal or under a grey zone because all banks have to report transactions between the casino operator and gamblers |
Even if a Wire Transfer transaction will require you to provide a couple of banking information, the system is very safe and secure, as all banks have in check the latest security features to ensure complete fraud protection | Transfer times are longer with Wire Transfer compared to other casino payment options and a withdrawal may take up a couple of business days |
Because Wire Transfer implies a transaction with electronic money straight from your bank account, there are no third parties involved |
Wire Transfer allows high limits for both deposits and withdrawals making it ideal for high roller |
Wire Transfer Casino Transfer Times
Whether you use Wire Transfer to transfer money, make online payments or make casino deposits and withdrawals, this payment method will take a little longer than its competitors.
Withdrawals especially may take a little bit longer because the timeframes are also dependent on each particular casino operator. The casino has to verify your account and the wins before allowing the transfer to be complete. Unfortunately, this process may take up to a couple of business days.
How Secure Is Wire Transfer?
Wire Transfer will require you to use some banking information like SWIFT and IBAN codes and a couple of personal information like your name and address. That doesn’t mean this payment method is not safe.
All banks and Wire Transfer online casino transactions are also verified through the latest security features to determine that you are the one making the transaction. There are also plenty of protocols encrypting your data to make sure none of the information used will ever be reached by a bad actor or third party.
How to Choose a Casino That Accepts Wire Transfer
There are not just a couple of sites that accept Wire Transfer all around the world and their number is still growing. With such a huge selection, we understand that you may get confused asking yourself which one of these gambling websites it’s the best.
Tips
Luckily, here at CasinoFreak we will lend you a hand and provide you with a list of the best Wire Transfer gambling websites on the market.
When we create our lists, we also take into consideration other players’ reviews and past experiences with these online casinos. By checking the best casinos page, you will see all the Wire Transfer gambling websites ranked according to other gamblers’ ratings.
You can improve your gambling experience right from the account creation moment with a no deposit bonus. Even if the bonus is rarely offered on the market, you don't have to worry. All you have to do is visit our no deposit casinos page and see which Wire Transfer gambling websites are currently giving a no deposit bonus.
International Availability
Wire Transfer is not geological restricted and it’s available at online casinos all around the world. However, there are some areas where online gambling is a sensitive matter and players must turn their sight towards other payment methods.
To see the best options and all the online casinos available in your territory, take a look at our all countries page.
Alternative Banking Options
Wire Transfer is so popular that you don’t have to worry about not finding a new online casino to play at. Still, it is not available in countries where gambling is either illegal or under a grey zone. So, it’s natural that some gamblers may want to keep their options open.
One of the best alternatives to Wire Transfer would be credit and debit cards, like those used at Visa casinos or Mastercard gambling websites. They offer similar benefits and can be used in very similar ways without the need of performing extra steps.
E-wallets are another alternative and the most popular one can be found at PayPal casinos. E-wallets are fast, secure and they come with the benefit of not being traceable, making them ideal for players who want to keep their privacy.
If you are not sure what payment option is best for you, or which one is available in your area, go and check our all banking options page and sort the list using your country filter.
Want to Play Right Away? Check Out All the Wire Transfer Casinos
Secure, easy to use, and without a doubt very popular, Wire Transfer remains a great payment method. Now that you know everything that this payment system can bring to the table for you, scroll back up and pick one of the Wire Transfer online casinos on our list and enjoy easy and secure deposits and withdrawals.