Wire & bank transfer is one of the oldest and most reliable means of making payments in online gambling establishments. Canadian players trust this method because it has proven safe over time. Bank transfers are also easy to make, and several Canadians make transactions using this method every day.
Although this method is standard in several casinos, you should note a few things about using it for deposits or withdrawals. Here we give more information about these gambling sites and how to use the payment method for transactions. We have also highlighted its pros and cons, which you will learn as you read on.
How Do Wire & Bank Transfer Online Casinos Work?
Wire transfers were first introduced to the world in 1872 by the Western Union. Since then, bank and wire transfers have gained popularity and developed into what we have today. It is now a more efficient means of making payments and connects several customers in different countries, including Canada.
These payments involve moving funds directly from your bank account to the casinos. You achieve this by exchanging your bank details on the platform. These transactions are safe and protected by the best security employed by the financial institution.
How To Select The Best Wire & Bank Transfer Online Casinos
There is a multitude of gambling sites online, like Nitro Casino, that accept wire transfers as a payment option. However, not all online platforms are equal, with some having better services than their counterparts. Therefore, it is essential to filter out the best sites.
This might seem daunting, but it’s easy when you know what to look for. Below are vital factors you should consider before selecting an online platform that accepts payments via wire transfers.
Payment Methods
One factor to consider is whether the online casino accepts wire transfers for deposits and withdrawals. Since this option is common on gambling sites, you shouldn’t have trouble locating one. However, it’s good to keep an eye open for other safe payment options you can use as an alternative to bank transfers.
Site Design
The best wire and bank transfer online casinos should be easy to use. They should have an attractive site design but a straightforward layout that makes navigation easy.
Security
The security of an online gambling establishment should be a priority to any punter. You must be sure that the site has adequate protocols to protect user information. First, the website should run on HTTPS, a safer HTTP protocol version. These platforms should also have SSL encryption to add a layer of protection to their websites.
Licenses
Licenses are one of the best approvals in an online gambling establishment. A licensed site follows strict laws laid down by regulatory bodies, proving that it is a safe and secure site for online gambling. This information is usually on the website’s footer or the terms and conditions page of the casino.
Game Portfolio
The best bank transfer online casinos should have an exciting game library with titles that cut across slots and table games. You should also find a live casino with a decent collection of live dealer games.
Bonuses and Promotions
Before signing up, ensure the platform has lucrative bonuses for new and existing players. The best bank transfer site should have freebies for new players who register and deposit. There should also be a bevy of promotions that one can claim after playing through the signup offer.
Mobile Compatibility
Players who are always on the move usually prefer to gamble via their mobile devices. If this is you, search for a platform with an intuitive mobile platform that you can access easily.
Some sites will have an application, while others will feature an in-browser site accessible from your browser. There are platforms with both an app and a mobile site, so you can play on whichever one suits you best.
How to Register At The Best Wire & Bank Transfer Online Casinos
You can register and get started at these casinos by following a simple procedure.
- First, select an online casino that meets your requirements
- Visit the site and hit the button to sign up
- Enter your information, which usually includes an email, phone number, full name, and address
- Ensure your details are correct
- Submit your registration
The casino might send you a link to confirm your account. Click the link contained in the email to be redirected to the casino. You can now deposit via wire transfer, claim rewards, and play your favorite games.
Depositing At The Best Wire & Bank Transfer Online Casinos
Depositing at a wire transfer casino like Zodiac Casino is a simple process that can be completed in a few minutes. Here are the steps to follow.
- Log into your gambling account and navigate to the cashier or payment page
- Select the option to deposit and wait for the list of deposit methods to load
- Choose wire or bank transfer as your preferred deposit method
- Fill in the amount you intend to fund your account with and your bank details as requested by the casino
- Confirm the transaction
- Most bank transfer deposits take only a few minutes
Withdrawing At The Best Wire & Bank Transfer Online Casinos
Withdrawing your winnings from a bank wire online gambling site is as simple as depositing. Below are the steps to follow when cashing out.
- Visit the payments page
- Select the withdrawal option
- Select bank or wire transfer as your withdrawal method
- Fill in the amount you want to cash out; make sure to pay attention to the limit
- Enter your banking details and submit the request
If you use this method for withdrawals, you must wait a few days before the funds get to your bank account. Some gambling platforms require you to confirm your account before cashing out the first time. This complies with the Know Your Customer policy that’s in place to prevent fraud.
Pros And Cons Of Playing At A Wire & Bank Transfer Online Casino
Although bank transfers are a trusted means of making payments, they have a few downsides. Here, we’ve listed the benefits and drawbacks of using this banking method on an online gambling site.
Pros
- They are a safe means of transacting in an online casino
- Bank and wire transfers are easy to use
- The payment method is available in several online gambling establishments
- It can be used for deposits and withdrawals
Cons
- Withdrawals via this method are slow
- Players must have a bank account
- Some casinos might not support it for withdrawals
Conclusion
With bank transfers, Canadian players can quickly fund their accounts to enjoy the benefits of the online casino. Using this method, you can claim different bonuses, beginning with a welcome package and other promotions. This method is also easy to use, although it requires you to have a bank account before getting started.
Wire transfers are also safe, as several financial institutions protect their users’ information. You can also make transactions with this payment method from your mobile. However, you should note that withdrawals could take a while to clear, usually between three and ten days.
Last Updated on by Icy Tales Team