Wire transfer is a way to move money directly from your bank account to another account and has existed long before e-wallets or credit cards. For sceptics of e-wallets and players who don’t have a credit/ debit card, this is a viable option to make deposits and withdrawals at bank transfer casinos. Most people already have a bank account so you don’t have to register for additional accounts to be able to transfer money in and out of your casino account.
Want to know more? On this page, WhichBingo divulges all the information you need to know about using wire transfers for your online gambling transactions. Moreover, we compare it with other payment systems, telling you the advantage and disadvantages of using bank transfers. But first, let’s kick off by looking at the best casinos that accept wire transfer including wire transfer bingo sites that we highly recommend:
18+. First time depositors only. Min deposit: £10. Max offer: Bingo Tickets worth £100 (£50 on Street Party & £50 on Big Bang) plus 10 Free Spins on a game of our choice with winnings capped at £0.50. All winnings will be credited to your real money balance. Free Spins expire after 7 days. Promo code: DABBER. Deposit balance is available for withdrawal at any time. General withdrawal restrictions & Full T&C’s apply. Valid until 31.12.19. Full T&C’s Apply. Please gamble responsibly. Begambleaware.org.
*18+. First time depositors only. Min deposit: £10. Max offer: Bingo Tickets worth £40 (on Street Party), Bingo Tickets worth £50 (on Big Bang) plus 25 Free Spins on a game of our choice. Free Spins Winnings will be capped at £1 and credited to your real money balance. Free Spins expire after 7 days. Promo code: GET90. Deposit balance is available for withdrawal at any time. General withdrawal restrictions & Full T&C’s apply. Valid until 31.12.2019. Please gamble responsibly. Begambleaware.org.
18+. New players only. Min dep £10, Spins on pre-selected games, £0.25 max win per Free Spin. Wins are granted in Games Bonus, WR: 85x(bonus). Max bonus conversion: £400 + initial bonus amount. Deposits can be withdrawn at any time. Withdrawal restrictions & Full T&Cs apply. Please play responsibly. BeGambleaware.org
18+. New online customers only. Certain countries only. Min first deposit and spend £10 on Bingo = £30 Bingo Bonus. Wagering reqs apply: 4 x Bingo Bonus. Bonus valid for 1 week after credit. T&Cs apply. Full T&Cs apply. Please play responsibly. Begambleaware.org
Apart from the pros and cons of using wire transfer, there are other details that you should consider before deciding if this is the right payment method for you.
This is perhaps the main shortcoming of using bank transfer as a payment method for your online casino account. While other payment systems like e-wallets and credit cards usually allow for instant deposits, you’ll need to wait for your bank to complete their cycle time before you can see the funds transferred to your account using wire transfer which could take up to a few days. Not only that, some banks don’t process wire transfers on weekends so you’ll have to wait even longer.
The process of opening a bank account is different for each bank. However, it’s safe to say that it’s generally more tedious than registering for an e-wallet account because you’ll have to physically go to the bank. On the other hand, you probably already have a bank account so you could use it for transferring funds online now if you want to.
Similarly, the fees structure differs for each bank and it also depends on what type of bank account you have. As a rule of thumb, banks in the UK don’t charge a fee if you send money via wire transfer to a local bank account and withdrawing from your bank account is also usually free.
Fuelling your casino account using wire transfers certainly has its advantages and disadvantages. On the one hand, most online betting sites accept wire transfers and it’s a proven safe, secure way to move your money. However, the waiting time involved might render it an impractical way to make deposits if your account is already low on funds. For players who don’t want to go through the hassle of registering for an e-wallet or high rollers who want to move around large sums of money, then make your way over to our list of top wire transfer casinos and start your casino journey now.