Wire Transfer Online Casino
Wire-transfer Online Casinos Review. Wire-transfer casinos are considered to be one of the safest. This payment system does not cooperate with Scam and illegal gambling sites. In other words, online casinos that accept wire-transfer are reliable. Wire-transfer is a popular payment method among gamblers of the United States.
There are plenty of different ways to send money around cyberspace. Some are more popular than others. Some have been around for many years while others are new boys in the yard.
Fast payments are promised by some and complete anonymity by others. With so many different methods there is one in particular that often gets overlooked. Is there a reason for its demise in popularity? Or does it have more to offer than most players realize? Read our article on bank wire online casinos and you'll find the answer to these questions and a little more besides.
A wire transfer is a feasible option to look at when you think of transferring money from your bank account to your online casino account. However, most of the time, people tend to use any one of the countless other online transaction options available nowadays and give the wire transfer a skip. Wire transfer casinos are online casinos that allow you to make a deposit using a direct transfer from your bank account to your casino account. Most reputable casinos accept this widespread transfer method due to its strict security protocols for both the sender and receiver, keeping both parties’ data and money safe. Wire transfers have for years been used as the most reliable and secure means of transferring money from one bank account to another. However, with the emergence of numerous online payment options, wire transfers tend to be forgotten. What many online casino enthusiasts do not know is that they can easily use this age-old method to securely get funds into an out of their gaming accounts. Swift Code: BARCGB22. For the credit of: 32Red. When making a wire transfer at your local bank you need to include a reference to identify your payment to us. Reference: Your name, 32Red account number, and email address. Please email payments@32Red.com to let us know the details of your payment as soon as you have processed the transaction.
How Does a Wire Transfer Work?
There are a number of casinos that accept wire transfers and many of those actually prefer payments to be made this way. The reason being that it's very difficult to get a charge-back on a wire transfer. They can be stopped in transit, but it's not that easy and once the money is credited to an account it stays there.
The basic principle behind a wire transfer is fairly easy and straightforward. You simply give a bank, instructions to transfer money using IBAN and BIC codes. These ensure that the destination for the money is clear. The bank with the customer instructions then sends a secure message to the recipient bank via a system such as SWIFT or Fedwire. The two banks then settle the funds between themselves. The length of time this process takes can be anything from several hours to a few days.
The Advantages of Playing at an Online Casino Accepting Wire Transfers
It seems very strange to us that so many players choose to use methods such as PayPal, Entropay, Paysafecard or credit and debit cards. As opposed to using wire transfers. We know there are some advantages to using this less popular method so let's see if we can persuade you to change.
- No need to divulge your identity online - Most modern casinos are perfectly secure, but there is always a worry when it comes to handling credit card details to a third party. Wire transfers allow for secure transfer of funds without the exposure of underlying financial data.
- Multiple currencies accepted - This original way of moving money around the world makes use of a fully international system that includes established procedures for handling different currencies and can be done from almost anywhere in the world.
- Casinos like wire transfers - Casinos like it when customers use wire transfers as no intermediaries are involved, no third-party fees and no possibility of a charge-back or dispute.
- A solid reputation - Wire transfers have been used for more than two centuries and are guaranteed to work without a problem.
- Available for both withdrawals and deposits - Many other methods don't allow both deposits and withdrawals. Wire transfers, on the other hand, can be used for funding your casino account and withdrawing your winnings.
- No limits - The only real limit is the amount of money in your account.
- Low cost - Transferring money within grouped territories, Europe for example, will incur low transfer fees and sometimes none at all.
All sounds very appealing, doesn't it? But before you take the plunge and start playing casino games using wire transfers, let's reveal the downsides of using this particular method.
The Disadvantages of Playing at Wire Transfer Online Casinos
Wire Transfer Online Casinos
Wire transfers are a very handy way of putting money into and taking it out of bank wire online casinos. However, there are a few disadvantages that it's only fair to make you aware of.
- Can be a little slow - Banks are still notoriously slow at bringing their services into the twenty-first century and wire transfers are by no means instantaneous. The wait can range from a couple of hours to a few days before the transfer goes through.
- Availability - Most online casinos accept wire transfer payments, not just for deposits but for withdrawals as well. We would, however, advise you to check the casino you're considering does offer them both as an option.
- Little or no recourse - When paying with a credit card, and to some extent a debit card there are certain levels of consumer protection you can expect. These options cannot be found with bank transfers. Once the money has been transferred it is extremely difficult to reclaim it back.
- Potential high fees - This isn't going to be an issue if you're transferring money within linked areas. But global transactions can cost a significant amount.
Online Casino Wire Transfer Withdrawal
Betting Site | Deposit & Cashout Options | Bonus Amount | Required Deposit | Start Playing |
---|---|---|---|---|
888casino | Debit/Credit Card, PayPal, Wire Transfer, Paysafecard | $20 No Deposit* | $20 | Claim your bonus |
Mansion Casino | Wire Transfer, Maestro, Skrill | Up to $/€5,000 Welcome Bonus* | $10 | Claim your bonus |
Casino.com | Debit/Credit Card, Wire Transfer, Skrill, Ukash, Laser, ecoPayz | Up to $400 Welcome Bonus* | $20 | Claim your bonus |
So, there you have it, the good and the bad side of making wire transfers for payments at online casinos. They have been the mainstay of fund transfers for centuries, so that must be for a good reason. They are reliable, pretty problem free and a good option to include as part of your overall money management strategy. And they are particularly useful if you want to transfer large amounts in or out of your account. There are plenty of other methods available. But don't rule out wire transfers before you've tried them out.
Wire Transfer is a way to send and receive funds. It is used by lots of people in many countries. It is very popular for online gambling purposes.
It’s a usual transfer from the customer`s account in a bank to a certain place. This way to manage money involves the specific banking institution and the specific wire transfer casinos that the client prefers to play in. It sounds confusing but is something we do on a regular basis.
Wire Transfer Online Casino
The Majority of wire transfer online casinos get a large following. Here are some of the major casinos that accept wire transfers:
If you have some other casino, take a look at their deposit & withdrawal options before signing up to see if this banking option are accepted.
It’s easy to use this type of transfer once you figure out that your banking institution and your gambling provider accept this type of transfer.
- You need to check the Bank details for the specific casino you want to connect to through this way. This includes the casino’s BIN, IBAN, and SWIFT codes, as well as its address.
- Go to the bank office and ask the bank teller for the required data. Supply them with the above information and tell them how much you’d like to transfer. Some banks allow you to do this online, but I recommend going into the bank (especially when doing for the first time).
- Wait for the transfer to go through!
After confirming with the bank and checking whether the gambling provider is one of those that use casinos wire transfer, look here:
Do you wish the bank to have a record of your transfers?
Are you okay with the bank getting a fee from every transfer?
Is Interac or credit card a more convenient option?
Your bank or the online casinos that use wire transfer may have limits but they are large amounts that you more than likely will not surpass.
Yes, wire transfers are safe and secure to use for a gambling provider since it is connected to your bank.
Yes, wire transfers differ from Interac transfers with your bank.
No, the bank asks for your data and the data of the relevant casino.
- This way allows you to transfer large amounts of money, so it’s the most viable option for high rolling gamblers.
- Because you are dealing with your bank, wire transfers are as secure as it gets.
- Wire transfers don’t require a provider to set up a new way for online casinos wire transfer withdrawal and, because of this, are a convenient way to transfer for both gamblers and online casinos.
- The bank takes a fee off of every wire transfer.
- These transfers are directly connected to the bank so they will have records of all transactions completed by you.