Online Casinos That Accept bank transfers In 2023
Bank Transfer is a more traditional payment method for funding an online casino account and withdrawing the winnings. In this guide, we discuss the pros and cons of Bank Transfers and provide a step-by-step guide for depositing and withdrawing via Bank Transfer at an online casino.
Online Casinos That Accept Bank Transfers Payments – October 2023
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Introduction To Bank Transfer US Online Casinos
The first Bank Transfer dates back to 1872 when people would transfer via telegram. People would wire money to people far away, where they get their other title, “wire transfers”. Since most people of legal gambling age will already have a bank account open, Bank Transfers are convenient. Bank Transfers are secure, but players need to check over the bank details of who they are sending money to avoid mistaken payments.
Most banks offer an additional security feature to ensure users do not make an incorrect payment. The bank will not accept the transfer if the recipient’s name and account number do not match.
Bank Transfers Pros And Cons
Online casinos offer various payment methods, so weighing up the pros and cons of each will help players decide which payment method best suits all needs and preferences. We have listed some advantages and disadvantages of using Bank Transfers when playing at online casinos.
- Top security
- Accepted at many online casinos
- Managing spending
- Simple to use
- Slower payment option
- Not accepted by many banks
Bank Transfers Pros:
- Top security: Bank Transfers offer security features to avoid mistaken payments and fraud. For example, you may need to authenticate the payment by entering a one-time passcode.
- Convenient: Since most people of legal gambling age will already have a bank account open, Bank Transfers are a more convenient payment option than others that players may need to set up.
- Accepted at many online casinos: Due to their popularity, most online casinos accept Bank Transfers for deposits and withdrawals.
- Managing spending: By depositing by Bank Transfer, users will have more control over their spending as credit is not allowed. Therefore, bettors can can only spend up to the amount that is available in their bank account.
- Simple to use: Bank Transfers are popular for all kinds of payments. Depositing and withdrawing via Bank Transfer is straightforward. Simply enter the account and routing numbers.
Bank Transfers Cons:
- Slower payment option: The biggest drawback of Bank Transfers is that these payments can take 3-5 days to process. For those who prioritize fast payouts, opt for an e-wallet like PayPal.
- Not accepted by many banks: Banks will have a policy on internet gambling, and by depositing by Bank Transfer, there is a higher chance of the bank rejecting the payment as operators look for transfers that go against transfer policies.
How To Deposit At Casinos Using Bank Transfer?
Depositing at an online casino through Bank Transfer is simple. You must know your bank account details and decide the size of the desired deposit. The step-by-step guide below explains how to deposit by Bank Transfer on a casino website.
Open a bank account
Users will need a bank account to pay via Bank Transfer. For those who don’t have an account set up already, open one by applying online or at a bank.
Register at a Bank Transfer casino
Choose a casino that accepts Bank Transfers and follow the quick and simple sign-up process. We have listed some of the top Bank Transfer casinos on this page.
Select your deposit option:
Head to the cashier section of the online casino and choose to deposit, selecting Bank Transfer as the deposit option. Enter the banking details that are requested.
Deposit the amount you want
Input the amount you would like to deposit. Ensure any minimum deposit requirements for the specific casino are met. Players may also need to complete security checks, such as entering a one-time passcode sent to a mobile device.
The funds should be available in the account in 1-3 days, but many transactions are instant. Once they are available, you can start playing your favorite casino games.
How To Withdraw From Casinos Using Bank Transfer
You will want to withdraw your winnings if you are lucky enough to finish your play session in profit. Discover how to complete your real money withdrawal by Bank Transfer in the steps below
1. Choose to withdraw
Return to the cashier page at the online casino and select the option to withdraw.
2. Select your withdrawal method
Make sure to select Bank Transfer as the withdrawal method.
3. Enter your details
Add the bank details and check that they are correct. The site may ask whether or not you agree to the banking fees listed. These will need to be approved for the payment to go through. The fees are usually low.
4. Enjoy your winnings:
Depending on the specific bank and online casino, you will receive any winnings in your bank account in 1-5 days.
Best Bank Transfer Casino Bonuses
Online casinos usually offer players bonuses to attract gamblers to a site and keep up the enthusiasm to play more. Players must consider the site’s terms and conditions when claiming promotions. Sometimes certain payment methods are restricted from receiving certain bonuses.
Bank Transfer is a payment option eligible for many bonuses at US online casinos, as gambling operators know that high-rollers often deposit this way. Users will likely be eligible for deposit bonus offers, free spins, and more.
Available Bank Transfer Casino Bonuses:
Read the terms and conditions at the online casino to ensure you don’t miss any exclusive bonuses and understand any associated wagering requirements.
Bank Transfer Alternatives
ACH payments are similar to Bank Transfers and have more security through the NACHA network. ACH payments may take longer to process but are usually free, while Bank Transfers often include a fee.
Other highly secure alternatives include e-wallets such as PayPal. You can connect your bank account to your PayPal account and pay through PayPal, as it provides users with an extra level of security. Once all bank details are entered on PayPal, they will not need to be entered whenever you want to deposit or withdraw money. Users will need to log in with their PayPal username and password. Both ACH and PayPal are highly secure alternatives.
As one of the most popular banking methods in the US, most online casinos support Mastercard deposits and withdrawals. Even though withdrawals tend to err on the slower side averaging 2-5 business days, Mastercard is efficient and secure.
You’ve probably heard of Visa – this popular payment platform is a widely used card method across the US. Thanks to its reliability and convenience, it’s available at most casinos.
Online banking is a widely popular electronic payment system worldwide offered by leading banking institutions. It enables clients to make various transactions without visiting a physical bank branch.
ACH Transfer (eChecks)
An encrypted version of traditional paper checks, this payment option is safe and reliable for US players. While withdrawals can be pretty lengthy, ACH is widely accepted at online casinos in the USA. Plus, neither your casino nor bank will likely charge for ACH payments.
Bank Transfer is an excellent option for those who are looking for a reliable payment method without setting up any new accounts. Bank Transfers are also a good option for high-rollers as they can send and withdraw more funds. Bank Transfers can be as quick as a few hours but may take up to five days, depending on the bank and casino site.
Make sure to read our list of the best Bank Transfer online casinos to find out where funds can be deposited and withdrawn by Bank Transfer. Consider your personal playing preferences when choosing a payment method to fund your gambling experience.
Frequently Asked Questions
You will find some of our expert-recommended casinos that accept Bank Transfers on this page. Bank Transfers are a widely accepted payment method as they are available to most people and have been around for a long time.
Bank Transfer is a secure payment option for online gambling, allowing users to send and withdraw large amounts of money, which is excellent for those who are high-rollers. You also likely already have a bank account, so using a Bank Transfer will not require any hassle of setting up new accounts.
Bank Transfers offer users various security features to avoid mistaken payments and prevent fraud. For example, players may need to authenticate their payment by entering a one-time passcode.
Due to bank processing times, you should receive any winnings in 1-5 days when withdrawing with Bank Transfer. Once players have already withdrawn at an online casino, the payments should be processed faster.
The most similar alternative to a Bank Transfer is an ACH payment, which is a bank transfer with a middleman. ACH payments are usually free and offer additional security, but may take slightly longer. Players can also opt for an e-wallet such as PayPal, allowing tem to pay via a bank account without sharing any details with the casino site.