What is a bank transfer?
A bank transfer is a financial transaction in which money is transferred from one bank account to another. Bank transfer payments are very simple and can be handled by any bank account holder.
"The history of bank transfer dates back to the 19th century when the first payment systems between banks were introduced. However, it is still one of the most used payment methods today - not only in online casinos."
What are casinos with bank transfer?
A bank transfer in an online casino acts as a middleman between the player's bank account and the casino's bank account. Online casinos with bank transfer thus offer you a transfer of money from your bank account to your gaming account.
Benefits of a casino with bank transfer
Bank transfers are definitely one of the safest payment methods in online casinos. They have a high level of encryption and security from the bank.
|
Advantages of |
What does it mean? |
|
Acceptance |
Almost all online casinos support bank transfers. |
|
Availability |
Due to the high acceptance rate, bank transfers are the most affordable payment method. |
|
Limits |
Wire transfers allow the transfer of large amounts of money to the online casino. |
|
Security |
There are no third parties involved in bank transfers. There is therefore no risk of fraud - as long as you only play at legal casinos. |
|
Overview |
You deposit money directly into the online casino. It is not a matter of transferring money to Skrill, for example, and then to the casino. |
|
Bonuses |
A wide range of online casino bonuses for deposits by bank transfer. |
|
Cancellation |
Option to cancel the payment after the transfer when contacting the bank. |
"Bank transfers are secure due to the high level of encryption. SWIFT is an international network that ensures secure and efficient communication between banks around the world."
Disadvantages of casino with bank transfer
|
Disadvantages |
What does this mean? |
|
Time |
Casinos with bank transfer can take up to 5 days to process payments. |
|
Fees |
Some banks and online casinos may charge fees for wire transfers. |
|
Sensitive data |
Players must enter their bank details. Nowadays, however, this is a negligible disadvantage as entering sensitive data is part of every online casino registration. |
|
Credit |
Some banks do not provide credit to clients with a history of transactions to online casinos. |
Online casinos with bank transfer
Bank transfer to withdraw your winnings can be found in almost all online casinos. However, some online casinos do not offer deposit by bank transfer.
|
Online casino |
Deposit by bank transfer |
Withdrawal by bank transfer |
|
QuickWin |
❌ |
✅ |
|
Nomini |
❌ |
✅ |
|
Mr. Pacho |
❌ |
✅ |
|
22bet |
❌ |
❌ |
|
WinStoria |
✅ |
✅ |
|
Cadoola |
✅ |
✅ |
|
FoggyBet |
✅ |
❌ |
Deposit bonuses via bank transfer
Casinos with bank transfer offer so-called deposit bonuses. This is a bonus for the first deposit or for the first (consecutive) deposits. Therefore, if an online casino offers a deposit via bank transfer, this payment method is also subject to a deposit bonus.
|
Online casino |
Deposit by bank transfer bonus |
|
WinStoria |
up to ₹114 |
|
Cadoola |
up to ₹19,06,421 |
|
FoggyBet |
up to ₹19,064 |
Free spins
Free spins are credited by the online casino to your deposit via bank transfer. For example, WinStoria online casino will also give you 225 free spins on top of your deposit bonus of up to ₹114.
Cashback
Casino bonuses usually include cashback offers for activity. For example, the online casino SpinBetter currently has a 3% cashback for its players for betting up to ₹2,307.
Limits for bank transfers to/from the online casino
- Thelimit for withdrawing money from your gaming account via bank transfer varies depending on the specific online casino. For example, QuickWin and Nomini casinos offer their players a minimum of ₹953/1 transaction and a maximum of ₹477/1 transaction to withdraw winnings.
- Thelimits for depositing money into an online casino by bank transfer tend to be higher. However, it also depends on what limits the bank has set for your bank account. You can increase this limit at any time. For example,FoggyBet casino has a minimum deposit via bank transfer set at ₹1,906 and a maximum without limit.
How do I deposit by bank transfer at an online casino?
- Setting up a bank account. Choose the bank where you will open your bank account. The choice is entirely up to you. For example, follow the interesting promotions of the bank in question or bonuses for opening an account.
- Open a gaming account at an online casino that accepts bank transfers. Choose the online casino you want to start playing at from our list. Then you can register.
- Assign a bank account to your gaming account. In order to complete the registration process, you need to assign a bank account to your gaming account by verifying your identity (Bank ID).
- Deposit by bank transfer to the online casino account. You can then make any deposits and withdrawals you wish. If you want to change your bank account settings later (e.g. when you open a new one), you can do so in the settings section of the deposits section.
How do I make a bank transfer in the online casino?
The same way you deposit money into the online casino via bank transfer. Simply click on the "withdrawal" button and select "bank transfer".
How is your money protected from fraudsters?
If you want to withdraw your winnings, the online casino will verify (in advance during your registration) that the bank account holder matches your name. This way, both you and the online casino can be sure that your winnings will be sent to their real owner.
Casinos with bank transfer
Almost all licensed casinos offer deposit and withdrawal by bank transfer. However, as a player, you will have two additional options to choose from when depositing via bank transfer:
- Instant online transfer - by logging into your online banking with a secure link that will lead directly from the online casino.
Crediting time: instantly, within a few minutes
- Classic bank transfer - transfer money from online banking by copying the online casino account number, VS and other details or physically at the bank counter
crediting time: 1-5 days
Limits
Bank transfer limits vary according to the specific online casino. However, the maximum amounts are usually unlimited.
Bonuses
When you initially register at an online casino, you will encounter a so-called deposit bonus for your first deposit. This deposit bonus usually applies to a deposit by any payment method - so it is entirely up to you whether you choose a bank transfer or perhaps a Mastercard deposit.
Free spins
The deposit bonus for the first deposit also includes free spins.
