If you’ve been winning big or are a high roller, one of the most suitable ways to transact money to and from your online casino is through a direct bank transfer. Also known as a wire transfer, every online casino offers this payment method to its customers.
Funding your online casino account with a direct bank transfer
The process is simple. All you need is to authorize your bank to send a payment to an online casino by entering your bank account details. You can authorize a transfer telephonically, via online banking or any other method that your bank permits. You receive a reference number that will be needed to verify that the transaction has been completed successfully. The money will usually reflect in your casino account within 3-5 working days. Overseas players may have to wait up to 10 days for a transaction to be completed.
Wire transfers are safe and dependable
A direct bank transfer may attract an extra fee but for many casino players the reliability of the process makes it well worth it. You do not have to open an account with a third party intermediary since you deal directly with your bank. Some casinos offer extra rewards to customers who use this payment option.
What is most appealing about a bank transfer is its simplicity while you can easily move bigger sums to and from your online casino account.
Direct bank transfer fees
Banks and casinos have different policies and structures for a direct bank transfer. Some casinos may not charge any fee for deposits or withdrawals but may permit only one free withdrawal per month. On the other hand, some casinos may permit free direct bank transfers over a specific limit. If not they may charge a fee.
It is important to keep all your receipts and reference numbers safe in case you need to contact your online casino customer support regarding your transactions.