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About BANK WIRE
One of the earliest companies to implement a wire transfer service was Western Union in 1872. With an established telegraph network, Western Union were uniquely placed to be able to offer a money transfer system that crossed boarders and oceans.
An America in Paris, for example, would be able to walk into a Western Union office and wire money home to New Jersey. All they had to do was hand over the money to the cashier in the Paris office who would they use the telegraph system to order the cashier in the NJ office to hand over the same amount of money to the waiting family member.
Nowadays, most wire transfers are done from one bank account to another, and the transfer of funds is done digitally rather than telegraphically. As long as you have all the relevant bank details, you can send money from your bank account to any other bank account in the world. The advent of online banking has made it possible to transfer funds without having to visit the bank in person, you can simply log in to your online bank account a request a transfer, making this method of payment more convenient than ever before and eliminating transfer fees.
How We Rate Bank Wire
As with any other casino payment method, we have put the bank wire casino payment method through its paces. We expect every payment method to be safe, reliable and convenient and our ratings reflect the level to which a particular payment method lives up to these standards.
Our team don’t simply theorise whether or not a payment method is any good, we actually put it to the test. In our mission to review the bank wire casino payment method, we signed up for an account at a bank wire casino, we transferred money from our bank account to our casino account and then we used those funds to play games. As soon as we hit a winning streak, we requested a withdrawal and once again used bank wire as the payment method.
Why Use BANK WIRE as a Payment Method
Our team found the bank wire casino payment method to be a solid option for any player looking for an alternative to credit cards or eWallets. A bank wire provides a good layer of safety to any transaction and thanks to online banking we found it surprisingly convenient. The only downside to this method is the length of time that it takes for a deposit to reach a casino account, however; there is also something to be said for slowing things down, but more on that later.
Safety
Bank wire payments are particularly safe due to the fact that they cut out the middleman. Your deposit will go directly from your bank account into your casino account. Banks are well-equipped with all the latest security systems and security measures, which means it is extremely difficult for a hacker to intercept your deposit mid-transfer.
Reliability
A bank wire may not be the fastest way to make a deposit, but it is one of the most reliable. Banks are age-old institutions with all the experience and know-how to make transfers straightforward and seamless. Should anything go wrong, you can walk into your local branch and talk to your bank manager face-to-face, which is not possible with an eWallet or cryptocurrency payment.
Convenience
As long as you have internet banking, you’ll find it easy and convenient to make a casino deposit via bank wire. You’ll find that your choice of casinos is vast and varied because bank wire is one of the most commonly accepted forms of payment. If you’re happy to transfer your hard-earned dollar from bank account to bank account, the online casino world is your oyster.
How We Choose the Best BANK WIRE Casinos
Our list of best bank wire casinos has been carefully curated by our team of dedicated casino aficionados. The casinos that make it on to our list have all been tested against a set of strict criteria and have all passed with flying colours.
Rest assured that if you choose a bank wire casino from our list, your online gaming experience is going to be top-notch. Here’s a run down of what we consider to be the most important elements that make an online casino worthy of you time:
Licencing
It is imperative that an online casino is fully licenced and regulated by an official government entity. The UK Gambling Commission, for example, is one of the strictest regulatory bodies in the industry. A licenced casino must adhere to a set of rules and regulations that pertain to management and security.
These rules are in place to protect players from fraud and unfair gameplay. The regulatory body can also act as an intermediary between a casino and a player. Should either party have cause for concern, they can turn to an entity such as the UKGC and have them step in to help resolve the issue.
Security Systems
We only recommend casinos that take online security seriously. The bank wire casinos on our list all feature state-of-the-art SSL Encryption technology that works to protect the personal and financial data of every single player.
Licenced casinos are, in fact, required to have this type of security system in place. These casinos are also required to verify your identity when you sign up for an account, or, at the very least, when you try to make a withdrawal. Identity verification is a way of protecting a player from identity theft. It also helps to protect the casino against criminal intent.
Games
Once we’ve checked for a licence and ensured that a casino has a beefed-up security system, we head to the games library. The games library is the beating heart of an online casino -if the games don’t live up to expectation, the casino will get a definitive thumbs-down from our team of gamers. Our bank wire casinos feature the best games from the best software providers.
Slots
You’ll find a whole host of slot games in a mind-boggling array of themes and styles. Whether you enjoy a simple 3-reel fruit machine with 5 paylines, or you’re more geared towards a 5-reel, multi-level, vampire-themed extravaganza, you can rest assured you’ll find a slot game suited to your needs.
Table Games
The table games category in all of our bank wire casinos feature excellent variations of all your favourite classics. You’ll find RNG (random number generator) blackjack, baccarat, poker, roulette and craps, all of which have sharp graphics, smooth gameplay mechanics and a good variety of betting limits. These games come from reputable software providers that undergo regular auditing to ensure that the games are truly random and fair.
Live Casino
Live casino games have become one of the most popular gaming formats in the industry, and it’s not hard to see why. Live games offer a gaming experience that is as close as you can get to playing on a real-life casino floor without actually leaving your comfy armchair. Our bank wire casinos offer an excellent selection of live games that will knock your socks off.
Welcome Bonus and On-Going Promotions
A generous welcome bonus can go a long way towards making your online gaming adventure result in lucrative rewards. However, much of the time a seemingly amazing bonus can turn out to be nothing more than a false promise. We only recommend bank wire casinos that offer genuine bonuses, and by that we mean bonuses that don’t require you to make huge deposits and bonuses that don’t have wagering requirements that are impossible to fulfil.
They say that the devil is in the detail, which is why we go through the terms and conditions very carefully before we give a bonus a thumbs up. Having said that, it’s important that you do the same, regardless of whether you’re playing at one of our recommended bank wire casinos or not.
Banking
When it comes to banking, we don’t simply recommend a casino based on the fact that bank wire is an accepted payment method. We put the banking procedure to the test. We’re looking for casinos that make it as easy as possible to make deposits and withdrawals, while still maintaining stringent security measures.
We expect to be asked to verify our identity at some point during this process, if we haven’t already during the sign-up procedure, and if this gets overlooked, we raise a red flag.
A bank wire transfer is not the fastest method of casino payment, so it is important that the transfer doesn’t get held up even further by the casino itself. A good casino should process withdrawal requests within 24hrs, or 2 days at most, any longer than that is just a waste of your precious time.
How to Use BANK WIRE at an Online Casino
Once you’ve chosen a bank wire casino from our list of best bank wire casinos, you’ll need to sign up for an account. The sign-up procedure is usually a straightforward affair -you’ll be asked for your name, age and address, and you’ll be asked for an email address to associate with your casino account. When the sign-up procedure is complete, you’ll be able to make your first deposit. Here’s how it goes:
- Make your way to the banking area of your casino and click on deposits. Select bank wire, or bank transfer, from the list of payment methods.
- Make a note of the casino’s banking details. You will need: the casino’s bank account number, sort code, BIC/swift code and IBAN of the bank account.
- Input the amount you would like to deposit. At this point, you may be given a form that you’ll need to fill in and give to your bank. You may also be given a transaction code number.
- Head over to your online bank account (or visit your local branch) and request a standard money transfer. Provide your bank with the casino’s bank details and the amount you’d like to transfer.
- In the reference field, you’ll need to enter your casino username and the email address that you used when you signed up for your casino account. If the casino provided you with a transaction code number, you’ll need to enter in the reference field at this point too.
- Sit back and wait for your deposit to reach your account. This may take a few days.
When you’re ready to withdraw some winnings, simply click on withdrawals. Enter the amount you’d like to withdraw and provide the casino with the same details as in step 2, but for your own bank account.
Mobile Casinos with BANK WIRE
Mobile casinos work much the same way as their desktop counterparts, which means you shouldn’t have any issues using bank wire to make a deposit.
Most of bank wire casinos on our list have a mobile version that can be accessed via the browser on your mobile device.
Your account details will be exactly the same. In some cases, you’ll need to download a casino app. If this is the case, you’ll need to check the payment options for bank wire beforehand.
Pros of Using BANK WIRE for Casino Payments
+ Secure transactions
+ Widely accepted as a payment method
+ Can be used for both deposits and withdrawals
+ No fees for online transfers
Cons of Using BANK WIRE for Casino Payments
– Deposits and withdrawals take considerably longer than other payment methods
– Lack of privacy
– May incur fees from the casino
Summary
Bank wire casino payments are widely accepted, which means that as a player you get to take your pick of a huge range of excellent casinos. You’ll have access to games from all the best software providers and you’ll be able to claim plenty of bonuses.
A bank account is the only pre-requisite for making a bank wire payment, which makes bank wire an extremely convenient way to pay. Some of you may find that the transaction times are too slow to make this payment method worthwhile.
However, we think that having to wait a few days between each deposit will actually help you to keep you gambling habit under control and manageable. Using this method will prevent you from making spur of the moment deposits that could see you break your budget. If privacy is one of your concerns, then we suggest opening a separate bank account just for your casino payments. All in all, we think bank wire is a sensible and straightforward payment method with a lot of merit.
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