The bank transfer or wire transfer is the oldest and one of the most trusted ways to transfer money from one bank account to another. This takes time and a deposit via bank transfer in the casino is not immediately credited to your account. Why do online casinos still offer this outdated method? You read it here.
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In the era before payment methods such as ideal , Neteller and PayPal appeared on the scene, at an online casino you could only deposit by bank transfer.
By means of a special code and the bank account details of the online casino, you made a transfer to the online casino. Once the money was credited to the provider's account, you will receive the credits on your balance.
Sounds pretty prehistoric, right? No more of this time. However, this traditional payment method in many online casinos still available, both in casinos with and unlicensed casinos and not only to pay out your winnings but also to deposit. Really!
A bank transfer is also called in casinos online Wire Transfer, Electronic Fund Transfer (EFT) or credit transfer called, but it all comes down to the same thing.
Keep in mind that this is the slowest payment method in a casino. It takes a few business days for the money to be credited to your casino balance.
On the other hand, it offers a certain security that you will not find with other methods. What exactly the advantages and disadvantages of a bank transfer casino are, we will discuss in detail below.
We know what you're thinking. There are countless, faster, more modern payment methods available at most online casinos, so why choose bank transfer? We list the reasons below for you.
There are a number of great advantages associated with such a bank transfer casino. For example, it is very safe . You do not share any financial data with the provider and you are in control of the deposit yourself as no external processor is required to process the payment (except your own bank).
It is also very easy. The process is the same as paying a bill.
Accessibility in addition to security and ease of use, can also play a role in the choice of a bank transfer casino, for example for players who are reluctant to share their credit card details or other financial details with an online financial services provider.
There is almost no New Zealand casino that does not offer bank transfer as a payment method. So you can rest assured that if there is no other suitable deposit option available, you will always can safely deposit via bank transfer.
Unlike web wallets and Bitcoin, there is to do a bank transfer, no external processor need. You just do it yourself through your own bank and have all the data and your deposit in your own hands.
An additional advantage of this is that you benefit from the strict security of your bank since the transaction is not made on the casino site.
This also gives you the opportunity to vezodiac how to play and stick to a budget. If your balance is at 0, it is not possible to continue playing immediately. You will have to wait until the next bank transfer is processed. This is how you keep gambling in hand. Many players who use a bank transfer casino make a weekly or monthly deposit and leave it at that.
Not only can you deposit via bank transfer, you can also withdraw money using a wire transfer is very simple and easy. Within a few days, your won money will be credited to your bank account.
A final advantage is that the limits for a bank transfer are often higher than for other payment methods. So it is possible larger amounts to deposit and withdraw via such a bank transfer. It therefore fits well with the needs of both low and high rollers.
Advantages Of Bank Transfer Casino
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Disadvantages Of Bank Transfer Casino
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To be honest, a bank transfer will not suit everyone. There are also a number of disadvantages.
Because we want to give you such an objective picture of this method, we also list the disadvantages. This way you can decide for yourself whether a bank transfer casino is the best option for you or not.
You have quite a few data for example, the bank account or iBAN number, the address of the bank and a reference code so that the casino can recognize your payment and link it to your account.
You have to do all this manual input and it's easy to make a mistake that might prevent the payment from being made.
There may be transaction costs be charged by your bank. Especially if it is an international bank transfer, this will cost extra money.
The money becomes not directly credited to your account. There may be a few working days before you can start playing. You will have to be patient and plan ahead. The’ downside ' of this is that it helps you to clearly budget and control your casino expenses.
Our team has made every effort to present you only the best bank transfer casinos. In our casino reviews you will find the result of in-depth research and testing. Only the casinos with the highest score make our list.
Factors that determine our review of a bank transfer casino:
Once you have found a suitable bank transfer casino, you will need to create an account to start depositing.
To do this, click on ‘Register’ or ‘sign up’ and follow the steps on the screen. Different information will be required of you and you will have to go through a verification process to activate your account.
You indicate on the casino's website how much you want to deposit and which Deposit option you want to use, but all subsequent steps take place outside the casino.
In many cases, the details for the bank transfer will appear on your screen or you will receive an email with all the necessary data.
To make the payment, you will have to log in separately in your online banking and then enter the data you received by mail or on your screen.
It will then take a few days before you have the money in your account.
Making a deposit via bank transfer takes six easy steps.
Step 1: go to the’ bank ‘or’ cashier ‘or’ deposit ' page of the casino
Step 2: choose the 'bank transfer' option (This is also called: Wire Transfer, Electronic Fund Transfer (EFT) or credit transfer).
Step 3: Determine the amount and click on the confirmation
Step 4: Open your internet banking app or website
Step 5: Enter all the details correctly and confirm your deposit. You go through the authorization process as you are used to from your bank (for example by e-dentifier or via a TAN code)
Step 6: Within 1 – 5 working days, the money will be credited to your casino account and you can start playing.
A casino withdrawal via bank transfer is even simpler. To do this, you just need to specify how much you want to record. Then you fill in all the requested bank account details and confirm the transaction.
In many legal New Zealand online casinos, a bank transfer is the only way to cash out, because your bank account has already been filled in and verified many times when registering, you do not have to do anything more than determine and confirm the amount to be paid out.
We do not know how long we will see bank transfer as a deposit option in the casino. The costs are relatively high for the provider and it takes a long time for the money to be credited to your account. There are now plenty of alternatives available that offer the same benefits but have a faster processing time.
in fact, iDEAL is of course also an electronic bank transfer, only it is processed directly.
Is your bank not affiliated with iDEAL or simply do not trust the system? Then look at deposits through Paysafecard . This is as safe as paying with cash but online. The advantage is that this method of deposit is also processed instantly and the money is immediately credited to your account.
No, you will unfortunately have to wait until the money is received by the casino. The processing time is between 1 and 5 working days, depending on your bank and that of the casino.
That depends on your bank and where you need to transfer. If the casino's counter account is not in the same country as yours, then it is likely that you will be charged for an international bank transfer.
No, bank transfer is more a way of payment than a certain payment processor. So there is no app or web wallet available. You get bank details through from the casino and make the deposit through your own internet banking.
This again depends on your bank but on average takes between 1 and 5 working days.
The minimum amount is determined by the bank transfer casino of your choice. This information can be obtained from a online casinos easy to find on their site. The same applies to the maximum deposit amount.
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