Wire Transfer Accepted Online Casinos
Wire transfer differs from other common casino payment methods in the sense that it is not a mobile payment solution by the likes of Zimpler, an e-wallet provider like Neteller, or a type of card such as the Visa Electron. The term actually refers to a type of banking process introduced by Western Union in 1872 via its pre-existing telegraph network. The operation started out small but nowadays is widespread on an international level thanks to the formation of the Society for Worldwide Interbank Financial Telecommunication, or SWIFT for short. This institution ensures that financial institutions around the world pursue financial transactions in a safe and reliable way.
Deposits and Withdrawals
Are you wondering how to wire transfer money by now? The SWIFT number of the online casino you are playing in is essential to this operation, as is your bank’s own code. These, together with bank account details, allow you to deposit and withdraw money to use for gambling. Nowadays, such details are easy to find on websites or via customer support. To deposit, you will need to either head down to the bank in person, or use your mobile banking app if it has this particular feature. Withdrawing cash is easier, as you can do it from the casino’s cashier directly. Just provide the necessary details and have the money wire transferred to your account.
Wire Transfer Fees
It is important to keep in mind that wire transfers are not an institution in their own right, so the specifics depend on the bank and online casinos you are registered with. But how long does a wire transfer take more specifically? On average, it takes 24 hours for domestic transfers to go through, but international ones can take as much as five days to complete. What is more, you need to remember that these transactions can get expensive, as both banks and casinos impose wire transfer fees on this type of transaction. This is why many casinos don’t allow wire transfer withdrawals unless your balance is of several hundred dollars or more.
Presently, there are more than 9,000 transactors that allow wire transfers in 200 countries around the globe. There are 945 casinos that accept bank wire transfers on CasinosLists.com, 154 out of which can be accessed by players from United States. MyCasinoBest Casino is the newest casino in our directory, and it offers a first deposit bonus of 150% + 50 FS. Use the Free Bonus filter to discover if it gives out a no deposit bonus as well.