Wire Transfer Online Casinos

Written by: Hein Coetzer , Online Gambling Expert and Writer

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July 4, 2024

A bank wire online casinos offer a safe way to instantaneously transfer money from a bank account to a gambling account. The potential for fraud in a wire transaction is extremely limited. Once you confirm your bank account, funds are secure and guaranteed.

Main reasons to use a wire transfer as your online casino deposit method:

You may see wire transfers called either “electronic funds transfers” (EFTs), or “bank transfers.” All wire transfers, regardless of their name, use the same process. Most people have used wire transfers at one time or another since ATM withdrawals and direct deposits are a kind of EFT. They are often the primary (or only) way gamblers get paid out online.

Best US Online Casinos

In-Depth Guide to Wire Transfers

Our bank wire guide details all you need to use bank drafts for gambling on the internet. Go over this step-by-step guide for making an online casino deposit using wire transfers, how to make a withdrawal, what the transaction limits are, and the benefits and drawbacks of bank transfers.

Keep reading to find out whether this is the right deposit method for you and the best online casinos that offer this banking option.

Pros & Cons of Using Wire Transfers as a Deposit Method

Every payment method has pros and cons. While bank wire transfers boast a lot of advantages, they do have a couple of drawbacks. Here’s an honest assessment of using bank wire transfers for casino deposits and withdrawals.

Advantages of Wire Transfers

• Security: Bank wire transfers tend to be safe. Banks invented most financial security procedures – and do them the best.
• Guaranteed Payment: If a transfer is lost, many banks guarantee the transaction. In the US, regulations often require it.
• High Limits: EFTs often have higher withdrawal limits than credit cards or web wallets. High rollers like bank wire transfers for that reason.

Drawbacks of Wire Deposits

• May Have Fees: Many banks and financial institutions charge a fee for international wire transfers. Always check to see if there are fees.
• Takes Longer: Wire transfer withdrawals take longer than Bitcoin or e-wallets since banks have more protocols in identity verification.

The Best Online Casinos that Accept Wire Transfers

We researched the top online casinos for wire transfers. Our criteria include max deposit limits, bonus offers, game selection, reliability, and security. We recommend casinos sites with high limits on bank wire transfers, so penny players and high rollers alike can enjoy the fun.

Wild Casino is a relatively new online casino. Still, it’s already one of the best options for players using bank wire transfers. You’ll face a no max deposit bonus, while the payout limits soar into the $25,000 range. Wild Casino has fewer games than the competitors, but it’s building a larger inventory each month.

Create a new account at Wild Casino and enjoy up to $5,000 + 125 Free Spins Welcome Bonus in signup bonuses.

Super Slots Casino collects a huge number of games. They have an excellent slots selection, live dealer options and table games. You can fill your account with unlimited bank wire transfers. The minimum limit is $500 and the maximum is $10,000. Once the payment is successfully completed, the funds take 3 to 5 business days to be posted on your account.

Super Slots Casino players can get a 250% up to $6,000 welcome bonus.

BetOnline accepts play from Americans, though it’s a large international casino site, too. If you use Neteller, Skrill, or a bank wire transfer, there is no limit to your deposits. New depositors receive a three-tiered welcome bonus, so it’s easy to max out the promotions while funding your account. BetOnline is a one-stop gaming site, with an online casino (classic and live dealer) and cardroom.

New BetOnline players can enjoy a 100% Welcome Bonus of up to $3,000.

Using Wire Transfers as an Online Casino Payment Method

The process of using a wire transfer at an online casino is not much different than most bank transactions. We go through the step by step process in the space below. Contact your bank to have the IBAN and BIC codes ready. Once you have these, you’ll repeat the process over and over with no issues.

Before you can deposit at an online casino, remember to register for an account. The site makes the transfer and contacts the bank with the proper IBAN and BIC codes. Wire transfers go to the bank through a secure system like the SWIFT or Fedwire. Transfers to the casino might not be instantaneous but shouldn’t take more than a few hours in most instances.

1. Make a Deposit: Log into the site and navigate to the cashier page. Select “Deposit,” then select “Bank Wire Transfer” to start the wire transfer process.
2. Choose Wire Amount: Choose the amount you want to send, then verify the payment when prompted. Accept your deposit bonus before processing and read through the terms.
3. Wire Transfer Fees: Sending banks or institutions charge a fee, while the depositing banks draw a fee from the amount sent. Online casinos do not charge fees, but their bank might.
4. Play for Real Money: Once you have money in the account, play casino games for real cash. At first, play games that satisfy your wagering requirement. Once you clear the conditions, it’s time to make a withdrawal.

Making an online casino withdrawal is, in many ways, the reverse of the deposit process. The time for payout is longer because the casino and your bank must verify your identity. This process is when you’ll most often encounter fees.

1. Withdrawal Request: Go to the cashier page once more. This time, select “Withdrawal,” then select “Bank Wire Transfer” from the list of options.
2. Verify Your Cashout: Next you need to verify the payment. Once you make a withdrawal request, you can cancel for a few hours, but the cashout is final after the initial waiting period.
3. Check Wagering Requirements: Remember to check wagering requirements and other terms of use before withdrawing cash. If you violate the terms, bonus winnings can be forfeited.
4. Wait for Payment: Payments sometimes take 5 to 10 business days. Check your bank account periodically to see when the withdrawal arrives.

How to Choose a Wire Transfer Online Casino

First off, read online casino reviews. When you see a site accepts wire transfers, you should consider a few things.

Top Online Games You Can Play by Using Wire Transfer

Few US-friendly online casinos have specific wire transfer bonus promotions. Only a few American online casinos limit wire transfers deposits, so any game should work.

Online slots, keno, and scratch cards are the quickest way to clear bonuses. Give these online casino games for real money a try at your favorite gambling site.

Wire Transfer: A Brief History

Wire transfers began way back in the 19th century. Western Union sent the first wire transfer in 1872 over the telegraph lines. A person anywhere in the United States could pay money to a Western Union station. Using passwords and codebooks, that station would send along a “wire transfer” to another station. The receiving Western Union office would pay the person on the other end from their cash.

Since then, the system for sending wire transfers has grown ever more complex. Despite improvements, the basic concept stays the same. Today, bank institutions and wire transfer services use advanced encryption techniques and identity verification tools to assure security. A variety of wire transfer networks exist (SWIFT, Fedwire) that send payments. Because wire transfers handle massive payments, they are growing in popularity with online casino players.

Should You Use Wire Transfer Deposits?

Online casino wire transfers are a safe and reliable method of moving cash from your bank account to their site. Once you collect casino winnings, bank wire transfers move the cashback to your bank account. US players will find that bank wire transfers are the best option for handling huge sums of money if you don’t want to use Bitcoin. If you’re a high roller who wants to withdraw $25,000 at a time, wire transfers are the best option.

Banks could charge you $50 to $100 for a wire transfer, but that’s a small price for a high stakes gambler. You’ll also need to wait 5 to 10 days for the bank wire to arrive. Keep in mind wire transfers eliminate one step of the process, because credit card or e-wallet users often eventually move their money to the bank. Bank wire transfers are a good way to cash out at an online casino, so pick one of our recommended sites for wire transfers and play online.

Players Also Ask About Wire Transfers

Readers still might have some questions, so we’ve prepared a short Q/A about using Wire Transfer at online casinos. Read through these frequently asked questions if we haven’t covered your concerns so far.