Bank Wire Transfer Casinos
A bank wire transfer is the electronic movement of funds from one account to another. This method is more commonly used for withdrawals than deposits when it comes to online casinos. Overall, it’s not the most practical method considering the instant fund's availability offered by many e-wallets, but then again, it may be your only option depending on your local gambling laws and regulations.
Wire networks include the Federal Reserve Wire Network, Clearing House Interbank Payments System (CHIPS) and Society for Worldwide Interbank Financial Telecommunication (SWIFT).
There’s a difference between a bank wire and a service like Western Union, which also refers to sending money as a ‘wire’. Both can be requested online, but a bank wire is initiated from a bank account and requires key recipient details including SWIFT code, bank account number, name and address.
IBAN
Depending on your country of residence, an international bank account number (IBAN) may also be necessary to process the transaction across international lines. An IBAN includes 27 alphanumeric characters within Europe and up to 34 outside of Europe, except for the USA, which does not use IBANs.
Wires and Online Casinos
While it’s quite a secure method, there is a downside to using a wire for your casino deposits. Funds availability is not immediate. You’ll be sitting there twiddling your thumbs waiting for the credit in your account. It is due to the processing procedures and timeframes. If you initiate the wire before bank cut off times, you could be betting within a few hours at best.
Regarding withdrawals, this is where the waiting begins. It can take longer to process because you’re dependent on two things – the operator’s pending period for withdrawals and their processing time for sending wire transfers.
Fees
Apart from the waiting period, the fees are perhaps the most discouraging aspect of bank wires. Not only does it cost dearly to send a wire, but it often costs you to receive a wire. Fees vary by financial institution and may be based on a percentage of the wire or a flat fee. The majority of casinos also require a minimum amount to select wire as a withdrawal method and they’ll deduct their fee from your cashout. Once received by your bank, they may have a charge of their own, which is applied to your account.
| Bank Wire Transfer payment method fees and facts | |
| Bank Wire Transfer is popular in these countries Canada, Ontario, CA, United Kingdom, Mexico, Serbia, United States | |
| Deposit fees | |
| Bank transfer | Fees vary by financial institution and may be based on a percentage of the wire or a flat fee. |
| Instant bank transfer | Fees vary by financial institution and may be based on a percentage of the wire or a flat fee. |
| Credit card | Fees vary by financial institution and may be based on a percentage of the wire or a flat fee. |
| Withdraw fees | |
| Bank transfer | Fees vary by financial institution and may be based on a percentage of the wire or a flat fee. |
| Cheque | Fees vary by financial institution and may be based on a percentage of the wire or a flat fee. |
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Step-by-Step Guide to Casino Deposits and Withdrawals Using Bank Wire Transfer
Bank transfers used to be one of the most popular methods for depositing and withdrawing funds to online casinos. However, nowadays, several methods have been used more - mainly cryptocurrencies.
Despite that, bank transfers are still a widely used method, although it does have its drawbacks, mainly when it comes to the time that’s required for transactions to process, as well as fees
Fortunately, bank transfers are probably one of the easiest banking methods to understand and get a hang on. Especially with us guiding you along the way!
How to Make a Casino Deposit With Bank Transfer
As we have said, the bank wire transfer is a simple method of depositing and withdrawing funds and it’s no surprise that it used to be the most popular method of doing so by a wide margin in the past.
- Log In To Your Casino Account
Use the credentials you’ve chosen when opening your account (username/email and password) to log in to your account. If you don’t have an account you will need to register first.
- Find the Cashier/Banking Section
Once you’re logged in, navigate towards the cashier (or banking) section, where you will look for the “deposit” option.
- Choose Your Banking Method
Among the given banking methods, select bank wire transfer as your deposit method.
- Enter the Required Information
When you select the bank wire transfer for the deposit method, you will need to enter some information. Besides the amount you would like to deposit, you will also need to enter your bank account information. You might also need IBAN (international bank account number), depending on your country of residence.
- Confirm the Payment
After entering all the needed information, go through your entries once again and check for errors. If everything you’ve entered is correct, submit the payment.
- Waiting for Transaction to Process
As we have said, transactions take a bit longer to complete when using this method - usually a few hours, sometimes days.
- Check Your Casino Account Balance
Once the transaction is marked as complete, head to your casino account and check the balance. If they do not appear after a while, feel free to contact the casino's customer support.
Once you’ve gone through all the steps and the funds have been transferred to your casino account successfully, you can finally load up your favorite casino game and enjoy yourself!
How to Withdraw Your Winnings Using Bank Wire Transfer
The process of withdrawing your casino winnings via bank wire transfer is not complicated either. In a nutshell, it is basically the process of depositing funds done in reverse.
- Sign In To Your Casino Account
Once again log in to your casino account using your credentials, if you haven’t already.
- Head over to the Cashier Section
When you get to the cashier section, this time around you will be looking for the “withdrawal” option.
- Pick Your Withdrawal Method
Find bank wire transfer within the list of available deposit methods and select it.
- Fill In the Required Information
When you choose the withdrawal method, you will need to fill in some banking information, as well as, of course, the amount you would like to withdraw.
- Check for Errors
Once you’re done entering all of the required info, go through everything once again to make sure you didn’t make an accidental typo or any other errors.
- Submit Your Withdrawal Request
Upon double checking and finding no errors, you can now finally submit the withdrawal request.
- Wait for the Transaction to Finish
The next step is waiting for the transaction to finish, which often can take up to a few business days.
- Check Your Bank Balance
When the transaction is marked complete, you can head to your banking account and check if the funds have successfully arrived!
Now that we’ve covered both depositing and withdrawing funds via bank wire transfers, you can probably tell that the process doesn’t seem too dreadful! If anything, you now have one more option you can comfortably use!
FAQ's
Why is bank wire transfer not as popular as it used to be?
Do I need to provide an IBAN for a bank wire transfer at an online casino?
Are there any fees associated with making a bank wire transfer deposit or withdrawal?
Can I use a bank wire transfer for both depositing and withdrawing funds at the same casino?
Can I deposit any amount using a bank wire transfer at an online casino?
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Overall Ratings
Your Feedback
Member's feedback (34)
Bank wire transfers are very old school and not worth the bother if you can avoid having to use them for deposits. Super high fees and slow to reflect. However, is reliable and secure (but so are many other faster and cheaper deposit methods).
The only time I can really understand using this as an option is if for whatever reason you have no other possible option we’re in 2025 now and with crypto being such a prevalent every day currency I’m not sure why anyone would opt to use a bank transfer But if you do, it will go through just fine. You’re just gonna wait...
The only time I can really understand using this as an option is if for whatever reason you have no other possible option we’re in 2025 now and with crypto being such a prevalent every day currency I’m not sure why anyone would opt to use a bank transfer But if you do, it will go through just fine. You’re just gonna wait as several days versus being instant.
Show moreWith the advent of crypto, which in essence is instantaneous, or he'll, even paypal or cash app...bank transfers of any kind seem ...antiquated for real. What's the point besides..security? Hard to make a case for even that. Basically, if u want to wait, do this option.
There generally different types of bank transfer available, the instant transfer which usually connects to your banking app to debit funds instantly is the option I would recommend over traditional bank transfer which can take several days to process, instant transfer is an easy option and is similar to using a debit card...
There generally different types of bank transfer available, the instant transfer which usually connects to your banking app to debit funds instantly is the option I would recommend over traditional bank transfer which can take several days to process, instant transfer is an easy option and is similar to using a debit card if connecting to your mobile banking app
Show moreEven if you are one of the 10 richest kings of Europe, I can never see a reason to use a bank transfer, or collectively known as a wire transfer. You may be stuck, having to accept one as a payout option from a casino, but brace yourself for the slowest possible way that money can ever travel. As if waiting what feels like...
Even if you are one of the 10 richest kings of Europe, I can never see a reason to use a bank transfer, or collectively known as a wire transfer. You may be stuck, having to accept one as a payout option from a casino, but brace yourself for the slowest possible way that money can ever travel. As if waiting what feels like an eternity isn’t bad enough, you will pay dearly for the privilege. I do not and could not recommend this method for deposit or withdrawal unless you have literally no other option.
Show moreTakes way too long to initiate a wire transfer for it to be considered even a remotely viable option in my opinion. By the time it goes through I would probably forget about it. I didn’t think I would ever even really want to try using a wire transfer because it’s not like I would want to wait a week or more in some cases.
Takes way too long to initiate a wire transfer for it to be considered even a remotely viable option in my opinion. By the time it goes through I would probably forget about it. I didn’t think I would ever even really want to try using a wire transfer because it’s not like I would want to wait a week or more in some cases.
Show moreTakes way too long to initiate a wire transfer for it to be considered even a remotely viable option in my opinion. By the time it goes through I would probably forget about it.
This has to be the worst deposit method of them all. I don't imagine that there's a person who deposits via wire transfer and waits several days for the amount to be credited. It's a different story if used as a withdrawal option, especially if the casino is using BLINK or instant transfers that arrive within the same day.
This has to be the worst deposit method of them all. I don't imagine that there's a person who deposits via wire transfer and waits several days for the amount to be credited. It's a different story if used as a withdrawal option, especially if the casino is using BLINK or instant transfers that arrive within the same day.
Show moreNo thank you! Don’t require me to sign in to my bank account so you can verify I have the funds, then tell me my transaction has processed. All that to wait several days before actually processing the transaction and removing fees from my account. Seems like a great way to end up overdrafting and winning lots of extra...
No thank you! Don’t require me to sign in to my bank account so you can verify I have the funds, then tell me my transaction has processed. All that to wait several days before actually processing the transaction and removing fees from my account. Seems like a great way to end up overdrafting and winning lots of extra fees!!!!!! Crypto is instant. (at least at some places)
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Jari0417
5 months ago
Sr. Newbie
I tried to withdraw from Lincoln casino once using this method and it took so long that I cancelled it and ended up using Bitcoin
This is one of the least favorable ways to deposit into a casino because of the high fees also getting a withdrawal this way is not too bad it takes about two to three days but the fees are not the best and I'm not really liking it where I could get my withdraw in crypto in minutes
Bank wire transfers I only use on certain platforms for a few reasons, if your already verified a withdrawal usually takes 3 days, however for me I use Coinbase for my crypto, I have the option to purchase using my bank but in doing so it places a hold up to 2 weeks until you can use it, for that reason alone I use debit...
Bank wire transfers I only use on certain platforms for a few reasons, if your already verified a withdrawal usually takes 3 days, however for me I use Coinbase for my crypto, I have the option to purchase using my bank but in doing so it places a hold up to 2 weeks until you can use it, for that reason alone I use debit or credit to purchase on the same account because it doesn't have such restrictions. Aside from that, it sends it and takes straight from your account no card needed.
Show morethis is one of my least liked methods to deposit in my casino account. one typo and you night deposit in wrong account. it is much longer than other methods. withdrawals may take even more time than a deposit. the fees are also more substantial than most other deposit methods.
I would not recommend this option for my online gambling because they're too slow. Deposits can take days, and withdrawals even longer. Unless you are making large deposits, i dont think it really makes much sense to do. With the fees along with the time it takes to do. i would use another method.
sarahlamb84
5 months ago
Newbie
Very high fees using this method and not a lot of casinos accept. Super slots, wild, bet online and high roller casinos all take this deposit method but my big issue is that it took a few weeks to come out of my bank account and by then the deposit was a distant memory so I didn’t expect to leave my bank account when it...
Very high fees using this method and not a lot of casinos accept. Super slots, wild, bet online and high roller casinos all take this deposit method but my big issue is that it took a few weeks to come out of my bank account and by then the deposit was a distant memory so I didn’t expect to leave my bank account when it did. I’m an avid crypto deposit supporter now just because of how straight forward it is
Show moreI would not recommend this option. I don't see why you would ever consider bank wire transfers unless you absolutely had to . If you have other options please use them because it's so unsafe with the transfer. You could send your money or be deposited to the wrong bank account if you don't have the wire transfer fourm exact...
I would not recommend this option. I don't see why you would ever consider bank wire transfers unless you absolutely had to . If you have other options please use them because it's so unsafe with the transfer. You could send your money or be deposited to the wrong bank account if you don't have the wire transfer fourm exact which happens alot . I had this problem trying to get a wire transfer I ended up never receiving My money
Show moreWith a bank transfer, you can safely and conveniently deposit funds into your online casino account. Select the option at the casino cashier and follow the instructions. The transfer will be processed from your bank account. Please note: Processing times may vary, but once the transfer is complete, the amount will be credited...
With a bank transfer, you can safely and conveniently deposit funds into your online casino account. Select the option at the casino cashier and follow the instructions. The transfer will be processed from your bank account. Please note: Processing times may vary, but once the transfer is complete, the amount will be credited to your gaming account. Bank transfers are possible in real time but usually cost more. Bank transfers are a very secure payment method.
Show moreMit einer Banküberweisung können Sie sicher und bequem Geld auf Ihr Online-Casino-Konto einzahlen. An der Kasse des Casinos auswählen und den Anweisungen folgen. Die Überweisung von Ihrem Bankkonto wird vorgenommen. Achtung !! Die Bearbeitungszeit kann variieren, aber sobald die Überweisung abgeschlossen ist, wird der Betrag...
Mit einer Banküberweisung können Sie sicher und bequem Geld auf Ihr Online-Casino-Konto einzahlen. An der Kasse des Casinos auswählen und den Anweisungen folgen. Die Überweisung von Ihrem Bankkonto wird vorgenommen. Achtung !! Die Bearbeitungszeit kann variieren, aber sobald die Überweisung abgeschlossen ist, wird der Betrag Ihrem Spielkonto gutgeschrieben. Banküberweisungen sind in Echtzeit möglich kosten dann aber meist mehr. Banküberweisungen sind eine dafür sehr sichere Zahlungsmethoden.
Show moreBank wire transfers are reliable but painfully slow. Deposits can take days, and withdrawals even longer. Not ideal for fast-paced gaming or urgent cashouts. In 2025, it just feels outdated compared to crypto or instant e-wallets.
Bank transfers have lost a lot of ground among players when it comes to preferences and payment methods. There are many other fast methods such as Neteller, Skrill and also the popular cryptocurrencies.
don't use Bank Wire Transfers for my online gambling because they're too slow and clunky. Waiting days for deposits to clear and handling extra fees disrupts my betting flow, making it hard to catch fast-paced opportunities. I need seamless, instant transfers to stay in the action.
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