Wire transfers are amongst the oldest systems of personal finance available at online casinos today. Has the method outlived its usefulness, or does it remain one of the top 10 best systems of personal finance in 2021?
Although wire transfers are one of the oldest banking options still available at all the top online gambling sites, they're also one of the most widespread. Over 200 countries around the world have facilities to conduct wire transfers, and the best casinos almost always have the method as an option. It does come with significant advantages, and one or two downsides, with longer processing times and potentially higher fees than other methods. But the upsides at wire transfer casinos are substantial. The combination of high levels of security coupled with the absence of limits (usually) means that this has become the method of choice for those wishing to transfer larger sums.
Technology, including online gambling, has developed at a rapid pace in recent years, and yet the old-fashioned wire transfer remains practically ubiquitous at the best online betting sites. One of the reasons it's a top 10 best payment method at online gambling sites is that wire transfers come with a significant degree of associated security. The leading online gambling sites themselves tend to have robust protection, and this is certainly the case at banks. There's also no third party involved, reducing another potential source of breached security. In addition, wire transfers are often preferred by those moving larger sums of money around, which indicates confidence in the method's security.
Whether playing on mobile or via desktop, online gambling sites are often keen to encourage the best players to make use of alternatives to Visa and Mastercard to avoid the related high processing fees. This means another advantage of using wire transfers can be the availability of no deposit bonuses. Finding these top promotions is very easy as online casinos tend to have them front and centre. Simply check a site's promotions/bonuses page and they'll set out the various special deals that are currently on offer, presenting the possibility to win real money with no deposit. Do be sure to check the detail and give the wagering requirements/withdrawal cap a look. An alternative to checking individual wire transfer casinos yourself is to make use of someone else's hard work and consult a top 10 best bonuses list put together by a review website, which also allows for quick and easy comparison of many offers.
If you're wondering how to shift money from your bank to the best online casino using a wire transfer we've laid out the basics below.
Setting up a deposit can potentially be more time-consuming and cumbersome than with other methods, but withdrawals are rather easier, as we set out below.
The wire transfer is amongst the most widely available methods of moving money around the world, with more than 200 countries able to make use of the system. Some of the top 10 best international casinos can be found here. It is worth noting that fees can vary somewhat based on geography. Some financial institutions in the United States may not permit transfers to online gambling sites.
If you've got any queries about the best wire transfer online gambling sites give our top FAQs a look and you might find the answer you're looking for.
Yes, it's amongst the most frequently offered and best banking methods at the best online casinos. It's pretty unusual to find an online gambling site that does not offer wire transfers as a payment method.
Yes, both of these are available at the best sites.Certain wire transfer casinos might only offer one or the other, although both are usual. As withdrawals are more straightforward than deposits there's nothing to stop you depositing with one method and using wire transfers for the withdrawal.
Deposits at wire transfer casinos usually take a few days, probably five at most. This can vary depending on both the financial institution and whether it's a top casino.
Withdrawals can be relatively long, taking around a week, give or take a day or two. As with deposits, if this seems to be taking longer do give your wire transfer casino a bell just to see what the situation is.
Yes. Not only do casinos usually have good security, financial institutions certainly do.This method is also one typically preferred by high rollers, and people would not move larger sums of money using an insecure method (although it's worth noting no banking method ever has perfect security).
This varies from one online casino and financial institution to the next. Fees may also be higher if transfers are international rather than domestic, and can vary according to which country you're in.
No, usually there are not.This is a significant difference to most other top online payment options, and especially convenient for those wanting to deposit or withdraw larger sums. There may, however, be lower limits for both withdrawals and deposits although these aren't too stringent.
Yes, certainly for deposits.This does require a bank branch visit, and confirmation sending to the casino. Withdrawals do involve entering the information directly into the cashier section of an online gambling site, however.
No. One of the most convenient aspects of wire transfer casinos is the absence of any intermediary agency or additional registration beyond existing bank and casino accounts.
No, not necessarily. It is, however, highly unusual.If you're concerned, you can always check the bottom of any best casino page to see the licensing information (none being present is a bad sign) or research the site's reputation.
Wire transfers are amongst the oldest methods of personal finance available at the top online gambling sites, but there are plenty of good reasons why the system remains popular to this day. The absence of an intermediary service avoids a middleman, making transfers more convenient. Not only that, many payment methods have limited geographical scope, whereas wire transfers are available almost everywhere which makes them one of the best funding options. Processing time is a little longer than other methods, but the corresponding advantage is that security is substantial, with the system being amongst the top 10 best in this regard. Last but not least, limits that apply to almost every other banking method are rarely imposed on wire transfer casinos, allowing players to shift significant sums in one go.