Even though lots of new payment methods emerged with the rise of online casinos, many of them are not as secure as bank transfers. Such transfers don’t lack any regulation or jurisdiction, so players are happy to know that their money is going to a safe place. When they have banking institutions at the core of their transactions, all parties are happy.
How to Deposit and Withdraw via Bank Wire Transfer?
Depositing with Bank Wire is super easy. Once you create an account, go to the Cashier section in your account and choose Bank Wire Transfer for deposit. Then a pop-up window comes up for the player to fill a form with their bank and personal info.
Once everything is filled, players have to put in the money they want to deposit and send the request.
For withdrawing, players have to go to the Cashier section and choose Bank Wire Transfer for withdrawing. Then they have to put in their financial and personal info for confirming and send the request. Note that all wagering requirements have to be cleared for promos and bonuses before requesting the withdrawal. The withdrawing time for bank wire transfer takes between 3 to 7 workdays.
Keep in mind:The Bank Wire Transfer method uses the SWIFT (Society for Worldwide Interbank Financial Telecommunication) code system. This means that bank account owners can transfer funds to and from many countries. Each SWIFT code is unique for each bank, contributing to the encryption and security protocols operators already have.
Yes, you can use this method on any mobile device. Since technology has advanced, the banks have done that as well. You can confirm any transaction that comes and goes to the operator from your phone on the go.
It’s common sense that since this method involves financial institutions, you can use all types of currencies. However, still check the types of currencies your operator has available to avoid surprises.
It all depends on the online casino you're playing at. Some have higher fees, and some have lower ones for bank wire transfer. Always research your casino or ask customer support if you need to.
This is a very tricky question. It's best to be used by players who want top-notch security and don't trust in e-payment solutions. Everyone uses banks for multiple reasons, and this is why they might be more comfortable with using them.