A bank wire transfer is one of the easiest ways of transferring funds from one account to another. Unlike in other methods, the bank transfer method does not involve third party merchants. This not only makes it fast but also more secure.
One of the major concerns for online gamers is how to make deposits and withdrawals safely and fast in bank wire transfer casinos in Canada.
Best Instant Bank Transfer Casinos
Below we take a detailed look at all the features that make this payment ideal for online gamblers. We will also list the casinos that accept this form transfer in addition to highlighting games, and bonuses you stand to win when you use bank transfer payment method in any of the Canadian online casino sites.
- Jackpot City Casino
- Zodiac Casino
- Platinum Play
- Spin Casino
- Yukon Gold
- Royal Vegas
- Lucky Nugget
- 888 casino
Benefits of the Bank Wire Online Casinos
Safe and secure
This is one of the most secure payments and withdraws option. Since there are no third parties involved during transfer, it is hard for private information to be stolen by fraudulent individuals.
Thanks to its popularity, fast bank transfer casino method is widely accessible. This method is used in most parts of Canadian provinces, like Quebec, Ontario and others. Since most of the top-rated Canadian online casinos accept players from other parts of the world, these transfer methods make it easy for them to use whatever part they are playing from.
Large amounts of money can be transferred
This makes it ideal for the high rollers. Whether a player wants to make a huge deposit or transfer a huge winning to their account, doing so is easy with the bank transfer method. It helps that the transfer charges are reasonable even for large sums of money, so it is ideal for making bank wire casino deposits.
Bonuses for players
Most gaming sites offer incentives in the form of bonuses to all players who use instant bank wire as an online casino payment method.
How Does Bank Transfer Online Casino Work?
A bank wire transfer casino is simply a financial transaction from bank to your gaming account. Otherwise known as credit transfer, this mode of payment has been in use since the era of telegrams.
The entities involved in wire transfer include individuals, corporations or establishments in different fields. All entities make use of their bank details to receive and send money to each other. There are no middlemen involved neither do the entities exchange money in cash form. This can only mean that there is minimal sharing of information and banks go to extra lengths and keep customer’s personal information secure.
Bank Transfer Casino Welcome Bonuses
Those who choose this method of payment can still access the numerous welcome bonus benefits. Deposit bonuses, for example, are open to everyone, as you do not need to choose a payment method to access them. Welcome bonus offers are also open to anyone who registers an account.
Some gambling platforms have incentives specifically designed for those deposits via bank wire transfer. Since these incentives change from time to time, players need to be on the lookout for a time such incentives are available. When deciding on what real money casino sites to play in, deposit and withdrawal options and bonuses are some of the features that players should be on lookout for.
Depositing and Withdrawal
Depositing and withdrawing money via wire transfer is easy. Below we discuss the process involved.
How to Withdraw Money from Casino Account Using Bank Wire?
- Log into your account. When you want to withdraw, need to first log into account. Once you have done this, go to the cashier option and select the bank wire withdrawal section. You will see a page where can enter your bank address, SWIFT, and IBAN codes. You will also be required to fill in a home address.
- Enter the amount to withdraw & Click on the Withdraw icon.
Amount to withdraw is dependent on the amount you want. All you need to remember is that online casinos that accept bank account require you to meet the wagering requirements before making a withdrawal. All this information is readily available in the terms and conditions section on a casino website.
Once you have decided on the amount to withdraw, just click on withdraw the option to complete a transaction.
Online casino wire transfer withdrawal take anywhere between 5-7 days. That said, it is important to remember that the duration also depends on the mobile casino sites; the transaction is completed much faster.
Since this process does not encompass third parties, it is extremely secure and ideal if you want to deposit and withdraw your money. The process of transferring money remains within the two banks. Canadian banks that allow gambling are nowadays using top-notch encryption and security technologies in a bid to enhance customers’ private information.
The limits differ and vary from one casino to another. Deposit limits for bank transfers are higher when compared to others. That is why high rollers who deposit and withdraw large amounts of money prefer this mode over other payment options.
How to Deposit Money to Casino Account using Bank Wire?
Below is how to Deposit or wire money to the casino:
- Log in to your account. If you do not have one, simply open an account at the casino of your choice. Fast casino bank transfers list above would be a great place to start since all accept this form of payment. You will need to deposit in an online casino if play for real cash.
- Deposit money to your account. You do this by going to the cashier option and selecting the bank wire transfer option on the deposits section. A pop-up window where you will enter your bank and personal details will appear. The pop-up window also contains the IBAN and SWIFT code.
- Select the amount to transfer and click on deposit to complete the transaction. In some instances, operators may require that you get in touch with customer service.
What are the Wire Transfer Casino Commission Fees?
The processing fees range from $5 to over $50. These charges are dependent on the cash amount, bank, and casino website. In most instances, deposits attract minimal if any transaction fees which means that it is cheaper to make online gambling deposits. However, withdrawals come with a processing fee that the player must take care of.
Bank Transfer Online Casino Games
Bank transfer casinos come with a variety of real money games that players can enjoy. These games include:
- Slot games for real money online, such as Cleopatra, monopoly, starburst, and Gonzo’s Quest. These games are recognized for their high payouts and great odds.
- Table games such as online roulette Canada, craps, poker, baccarat, and blackjack. These games are easy to play come with variations that make them attractive to more people.
- Live dealer games where Canadian players get to enjoy live games from the comfort of their own homes. Live dealer games range from Live Poker to live football.
From the above review of casinos that accept bank transfers, there is no doubt that it is among the most reliable banking methods of depositing and withdrawing money for online gamers. While the charges may be higher when compared to other modes of money transfer, safety and popularity of money transfer methods put it ahead of the likes of PayPal casinos, eCheck, Skrill and Interac.
- Q. What is a Bank Wire Transfer?
- A. This is a financial transaction where money is sent from one entity to another. The entities involved complete the gambling transactions through their banks.
- Q. Are wire and bank transfers safe to use?
- A. Yes, wire and bank transfer method are among the most secure and safest way of sending and receiving money.
- Q. Are there any commission fees?
- A. Yes, the online casinos accept bank wire option attracts transfers to attract commission fees. Amount fee is dependent on the amount, the bank, and the casino. Withdrawal attracts more fees that deposits.
- Q. Bank Transfer Casino Deposit Limits?
- A. Deposit limit varies depending on the terms and conditions. However, the amount is generally higher than the average deposits that one can make through other methods available for gambling in Canada.