Bank Transfers at Online Casino Sites

When it comes to payment methods for online casinos, there is one option that is available absolutely everywhere – the good old-fashioned bank transfer. Even though it has many disadvantages when compared to other methods, some players still choose to use it, as it definitely has something to offer. Since all UK operators accept this payment option, below you will see our picks for overall best casino sites.

In this article, you will find all you need to know about bank transfers at some of the top 10 online casinos in the UK and in general, including how to make deposits and withdrawals. We will also outline the advantages and disadvantages transfers have when compared to other payment methods. In case you are wondering whether or not to use this option at your online casino, this page will help you make an informed decision.

Pros of Using Bank Transfers

One of the clear advantages of using bank transfers is security – you don’t have to go through third parties to get your cash in and out of the casino. Nowadays, you can’t be too careful about personal information and sensitive data. Another good thing about that payment method is that it usually has the largest deposit and withdrawal limits – which makes it a preferable choice for many high rollers out there.

How to Make a Deposit

Enter your online casino’s cashier and choose to deposit via bank transfer. You will be instantly re-directed to a new page that contains the bank details of the casino, and instructions on how to properly make the transfer. Some casinos will also show you a list of recommended banks in the country. Get the details and use them to fill out the bank transfer form at the bank of your choosing. You can make the transfer at a brick-and-mortar casino or via online banking – whatever is more convenient for you. Just make sure you get the details right!

Choose to Deposit via Bank Transfer

Copy the Bank Transfer Details

Complete the Transfer at a Bank of Your Choosing

As you have probably guessed, the deposit will take a few days to clear, depending on the day of the week and the bank you have chosen. This is one of the biggest disadvantages of using bank transfers for deposits. However, you can be certain that the money will arrive at their destination. Make sure you check out what the deposit limits are at the casino you are playing at – when it comes to the payment method in question, the range should be good for both casual players and high rollers.

How to Withdraw Funds via a Bank Transfer

The situation with withdrawing money from your casino account via a bank transfer is quite similar. You will be requested to provide the casino with your bank details, and they will wire you the money as soon as possible. Keep in mind that if you withdraw for the first time, you must verify your casino account via one of the methods provided by the casino. Also, make sure you check out the minimum and maximum limits that the casino imposes on withdrawals. Similarly to deposits, withdrawals via bank transfer will take quite a lot of time to complete.

Paying from Your Mobile Device

Mobile casino apps are all the rage these days, and players need to be able to deposit and withdraw funds while on the go. If your bank offers mobile banking services, you should be able to transfer funds in and out of your casino account without being at your desktop computer – or at the actual bank. When it comes to mobile casinos, we highly recommend one operator stands out from the rest with the quality of its app – Ladbrokes Casino.

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Downsides of Bank Transfers

In comparison to e-wallets and pre-paid cards, bank transfers have a few glaring flaws. As we already mentioned, both deposits and withdrawals require a long time to clear out, which is something that not many players are okay with. Also, don’t forget that banks do not work for free – each transaction that goes through them will cost you, and some of the taxes can be pretty steep. Still, this is the price that has to be paid for the ultimate security, and many players choose to do it. Finally, in contrast to the quick and user-friendly process that other payment methods offer, bank transfers require a lot of paperwork – which can be pretty unnerving for some people.

Bank Transfers Offer Stellar Security, But Little Else

Bank transfers are far from being the most popular or best payment method at online casinos – but many players like to keep their personal details to themselves, and enjoy the security that banks bring. Sure, transactions take a lot of time to complete, and the banks charge you quite a lot, but you can never pay too much when it comes to safety. If you are willing to try depositing or withdrawing cash via a bank transfer, we recommend doing it at a reputable operator – like 888 Casino, for example.