Often forgotten amongst all the new options, bank transfers are still the go-to deposit method for many of the industries high rollers. It’s a safe and secure system with an easy to audit history. So if you are looking to make a sizeable deposit and get rolling, check out our complete list of fast bank transfer casinos below!
Often forgotten amongst all the new options, bank transfer are still the go to method for depositing for many of the industries high rollers. It’s a safe and secure system with an easy to audit history. So if you are looking to make that sizeable deposit and get trolling, check out our complete list of fast bank transfer casinos below!
Whilst you may think that bank fees and the extended processing time is an inconvenience, and it is, the benefit is that the transfer is checked by a third party. Meaning transfers are safer and everything is clear for accounting purposes.
Most players have had a chance to play in a bank transfer casino at some point. That’s because this is the oldest payment method in online casinos, and it is widely used even today. Even though there are plenty of other payment options preferred among the younger generations, the bank transfer is still quite prevalent throughout the world, including the United Kingdom. In many cases, bank transfers are the only option players can use in a specific online casino.
Making deposits and withdrawals via bank transfer is possible in almost every online casino today, which is why this is still the safest and best payment option for both old and new players.If you want to learn what makes bank transfers a great deposit and withdrawal option in 2023 and how they work, keep reading. In this piece, we’ll tell you everything you need to know about bank transfers in online casinos. Let’s begin!
Why Use Bank Transfers in Online Casinos in 2023?
Younger players might think that connecting your bank account to the casino is an obsolete method of making deposits and withdrawals. However, there are a few advantages to the casino pay by bank transfer system:
- Bank transfers in online casinos are still available throughout the world, in every country where gambling is accepted, as well as in most online casinos.
- Transfer times are still quite fast for the casino bank payment method; they usually take between one and two business days.
- Bank transfers are 100% safe as long as the online casino can be trusted.
- Bank transfers don’t require you to create any additional accounts; you can start making bank transfer payments in casinos simply by connecting one of your bank accounts to the online casino account.
All in all, wire transfers are not only a very flexible payment option, but they offer a wide variety of advantages, making them a great option for most types of casino players. If you’re interested in using bank transfers, keep reading as we’ll now talk about how they work and how they are used within online casinos.
How to Gamble in Bank Transfer Casinos
We haven’t mentioned this already, but using bank transfer payments in online casinos is a straightforward process, even though it might seem more complicated than other methods. In reality, bank transfers are often much simpler than other options, especially for new players looking to make their first deposit.
Let’s take a look at what you need to do for both deposits and withdrawals.
How to Make a Deposit?
Connecting your bank account to the online casino of your choice for the first time is quite straightforward and supported by almost every casino in the world. You only need to know your bank account details, and the rest is all about following these simple steps:
- Visit the casino’s cashier area if you have just made your account, or you’re already using the casino.
- Select Deposit and choose Bank/Wire Transfer as your payment method.
- Input the amount of money you want to transfer for your first deposit, the banking details and everything else the casino asks you to. Bear in mind that the casino likely has a min deposit requirement.
- Complete the payment using your bank’s web banking platform or mobile app. Bear in mind that some banks might not allow payments to online casinos.
- Once the process is complete, wait for the money to show up in your casino account. This could take a single working day or up to five. In most cases, the waiting period is a day or two.
Aside from the waiting period that can sometimes be faster with more modern payment options, bank transfers are still a great, secure, and easy option available to all players. Now, let’s take a look at the process of making withdrawals.
How to Make a Withdrawal?
The withdrawal process is even simpler as your bank account is already connected to the casino account. Here are the steps you need to follow:
- Visit the Cashier section of the casino.
- Select Withdrawal and then choose Bank Transfer.
- Even though your bank account details are already there, double-check them and make sure that everything is in order.
- Agree to the banking fees.
- Click Withdraw and wait for the casino to approve the withdrawal. Most casinos approve bank transfer withdrawals in a day or two. Once the withdrawal is approved, it’s up to your bank to process the payment, and the money should show up in your account shortly.
As you can see, making casino withdrawals via bank transfer is even simpler than making deposits, especially if your banking information is already saved. It’s widely available in both new casinos and the more established brands you know. Now that you know everything there is to know about making deposits and withdrawals using wire transfer, you certainly want to know which websites are the best places to use them. We’ve got you covered there as well, as we have prepared a list of the best casinos in the UK that accept bank transfers. Let’s take a look!
Best UK Casinos That Accept Bank Transfers 2023 – Our Picks
We checked a wide variety of UK online casinos that accept bank transfers, and we narrowed the list down to three incredible bank transfer casinos. Not only do they allow bank transfers, but they have stellar reputations and offer a wide variety of casino games, great welcome bonuses with free spins, and a lot more.
Slotnite is a high-quality online casino from a popular and known brand called White Hat Gaming. It has a UK gambling licence, processes withdrawals in less than 24 hours, and offers a highly rewarding 100% welcome bonus with 100 free spins for Gonzo’s Quest. As if that weren’t enough, the wagering requirements are low, and the number of games, including the freshest slots, is incredibly high. Remember to check the rest of the terms and conditions to see which other T&Cs apply.
BGO Casino has been on the UK online casino scene for a while. It boasts a licence from Alderney and has a large and varied library of casino games coming from the most notable software developers. It also has excellent customer service, low withdrawal fees, and a useful welcome bonus that includes 50 free spins with decent wagering requirements.
Mr Play Casino is a top-tier casino boasting a large collection of games from the best software developers in the world. It is entirely mobile-friendly and offers speedy withdrawals that are never longer than 24 hours. To top it all of, Mr Play Casino has a welcome package for new players that consists of a match 100% bonus up to £200 and 100 bonus free spins. Mr Play min deposit requirements and bonus T&Cs apply here as well, so make sure to check them.
The best bank transfer casinos are also live casinos, so you can always expect to get a great live dealer experience there. On top of that, using bank transfers is the safest and easiest payment method, which is why it’s best to make deposits via bank transfer if you’re going to play live dealer games.
Many players are uncertain as to which payment method to use in mobile casinos as some banking options are not easy to use on mobile. However, bank transfers work the same way on mobile as they do on desktop, which is why they are your safest bet in these casinos.
Bonuses in Bank Transfer Casinos
Casinos usually don’t care about which payment method you use when it comes to bonuses. You can expect to receive the welcome bonus funds no matter which deposit method you opt for.
However, there are cases when welcome bonus funds can’t be claimed via popular payment options like Neteller and Skrill due to a casino’s specific T&Cs. That’s why bank transfers are the best option as they are always there to allow you to claim that first deposit bonus.
However, make sure you always check the bonus terms and conditions to see which standard T&Cs apply. The most important ones to check are the wagering requirements. In general, it’s best when bonus funds carry only a 35x wagering requirement. As for the min deposit amounts, you will usually have to deposit $20 or more to claim the casino bonus.
Deposit & Withdrawal Limits
Deposit and withdrawal limits can vary depending on your chosen payment method. With bank transfers, you can usually expect a min deposit of £10, but your mileage may vary.
Withdrawal limits always depend on the casino or slots site. The most popular high-quality casinos usually have high maximum withdrawal limits, while the less popular ones can’t support large withdrawals. As for minimum withdrawals, they are usually around £10 — the same as the min deposit. Be sure to check out our minimum deposit casino list for the best bonus offers!
Bank Transfer Casino Fees
Most banks charge fees for bank transfers, and they are one of the few disadvantages of this otherwise excellent payment option. The size of the fee depends on the bank, but thankfully, most banks have very low transfer fees, so they shouldn’t be a problem for any casino player who wants to use bank transfers.
Staying Safe & Secure
Bank transfers have always been one of the safest and most secure methods of making online payments. This is because banks have:
The strongest security measures — Bank transfers are possibly the most secure payment method used in online casinos.
The best encryption protocols — You can expect every major bank to use the strongest encryption protocols available.
2 or 3-step verification processes — Banks typically use 2 or 3-step verification as an added layer to their already extremely robust security measures.
Secure web pages for inputting banking details — Many players are afraid that casinos don’t protect their banking information as well as their bank does. With bank transfers, you always input your banking information in a separate, secure web page provided by your bank.
Don’t forget that we are all our own worst enemy and gamble responsibly.
Deposit Alternatives to Instant Bank Transfer
Should you decide to use a different payment method after all, you should choose one of the following third-party alternatives:
PayPal — A notable and highly secure online payment method that’s accepted by several high-quality casinos. Unfortunately, PayPal casinos aren’t as widespread as other methods, but you should definitely use it if available.
iDebit — A prevalent online payment method among punters, mostly because it’s widespread in casinos and extremely safe. However, most players love iDebit because deposits are instant, and withdrawals are also speedy.
Bitcoin — The leading cryptocurrency that’s available in more and more UK casinos. Bitcoin casinos a great option as they offer top security, speed, and complete anonymity.
The number of casinos that accept Bank Transfer are growing every month so be sure to check back often. But if Bank Transfer isn’t your thing, check out our list of Casinos that accept Bitcoin. And don’t forget that we have all the top Bank Transfer casinos in New Zealand too!
Bank Transfers at Online casinos FAQ’s
Are bank transfer casinos safe?
Yes, completely. Using bank transfers is quite possibly the safest payment option as banks use top security measures that no one can crack.
Can I use bank transfers in the UK?
Yes, of course. UK banks and the government of the United Kingdom allows bank transfers to and from licensed online casinos. As of April 2020, credit card payments are banned, but bank transfers and debit card payments are still allowed. Bear in that the min deposit requirement for a bank transfer are always higher than with other methods.
How many online casinos accept bank transfers?
Almost all of them, which is not the case with any other payment method.
Will my bank allow a deposit to an online casino?
Yes, most major banks allow these types of transactions, especially in the UK. Some banks might require you to explain these payments, mostly to ensure that your money remains safe and secure.
Should I use bank transfers to fund my casino balance?
It really depends on what you want from a payment method. If you like instant deposits and the lowest possible fees, then a bank transfer might not be the best course of action. However, if you want extreme safety, security, ease of use, and availability, then bank transfers are the best option for you.
How long do bank transfer deposits and withdrawals take?
Bank transfers are not the fastest payment method in the online gambling world, but they are certainly not slow either. The waiting period depends on the casino and bank you're using. Deposits are usually much faster than withdrawals, which is the case with most other payment methods.