Bank Transfer Casinos

A common method for making deposits and withdrawals at an online casino is a bank transfer. There are several different specific types of transfers, and they’re handled in different ways for different casinos. While the main advantage is that everyone generally has a bank account, there are some potential disadvantages in terms of fees and whether casinos will let you make deposits with this method. We’re going to break down everything you need to know about using this one out of all casino payment options so that you know exactly what you’re getting yourself into with it.

How to Make Bank Transfer Payments

The process of using a bank transfer is pretty straight-forward. There are two numbers you usually need to know: your routing number and your account number. Sometimes you might also need to know your bank’s Swift code if you’re using a wire option. The basic idea is that you put these numbers in and the bank can use them to deposit into your account when you process a cash out. You can also authorize charges to this account, but that’s something that many online casinos don’t allow as a deposit option.

There are three basic types of bank transfers. The first is an ACH (or direct bank transfer), which is also the most common. The second is an electronic check, which is essentially another name for an ACH that’s easier for people to understand and relate to since basically everyone has seen a check written for something. Third is a bank wire transfer, and that method is actually a bit different than the ACH/direct bank transfer option.

Deposit and Withdraw Via Bank Transfer

Crediting your online casino account is simple. Just like other funding sources, you’ll be required to make your way to the cashier. Once you’ve decided on how much to play with, it’s time to request the deposit from your bank. Each online casino will have their own way of doing things, but generally, they tend to follow the same pattern.

  • Enter the necessary data; bank account and deposit amount.
  • Confirm the transaction with your CVV security code.
  • Wait for the funds to hit your account.

Again, cashing out is no different to cashing out with other payment methods. The only difference is you will be waiting longer than usual.

Fees and Charges

Different online casinos have different fee schedules for this option. Some will charge a flat fee, and others will charge a small percentage. You need to know what your fee schedule is before you use this option so that you know if it’s a viable choice. Some new casino sites have a level of fees that’s so high that it will eat up 25 percent or more of your total withdrawal or deposit if you aren’t careful.

The range of transfer fees are so wide that it’s hard to make a general recommendation here. The only recommendation that we can make is that you check out the fee schedule of any site you’re planning to play with before you deposit if you want to use a bank transfer option.

The Bank Wire Difference

Bank wires are a bit different, and they’re primarily reserved for high stakes transactions. The fees for these are often higher because the banks also charge fees for processing large amounts of money with the bank wire system, and you’ll also need to know your bank’s Swift code to be able to use it. However, it’s probably the single most-reliable way of transporting a lot of money from one account to another. This is especially true when cashing out a really large win from your online casino, because there are such relatively low transaction limits for other methods like electronic wallets.

Fast Bank Transfer vs Bank Wire Transfer

If you’re one of the many people who believe that a Fast Bank Transfer and a Bank Wire Transfer are the same thing, you’re wrong! The Fast option is the transferring or funds from a single domestic bank account to another whilst the Bank Wire Transfer transfers funds between international bank accounts. Which is best? The clue is in the name. The ‘fast’ option allows the funds to be readily available to play with whilst the other, could see you waiting days.


What is a Fast Bank Transfer?

The process of moving funds from one domestic account to another. To play at online casinos via this payment method, you will have to authorise the process; this can easily be done by logging into your online bank account or doing so in person at your local branch. To allow the transferring of funds from your bank account to your chosen online casino, you will receive a security code via an automated caller, so make sure you have your phone to hand. Once you pop the code into the casino to authorise the transaction, you’re good to go. However, you will need to insert a security code every time you use this payment service.

How Long Does Fast Bank Transfer Take?

The time it takes to complete a deposit via his method is a little hit and miss. There are no specific timeframes with a Fast Bank Transfer. From making the transaction to actually playing with your funds, could see you waiting a couple of days. At the end of the day, it’s the bank who determines when you can play; it could be that day, it could be two or three days later.

Are Bank Transfers Safe?

Bank Transfers are one of the safest methods when it comes to funding your online casino account, this is because each account holder must prove their identity. This process eliminates fraudulent transactions. When it comes to using other funding methods, your details are generally stored in more than one location – with Bank Transfers, your details will be held in as few places as possible. In addition to all this, an additional layer of security is applied directly from the online casino, of which you can read more of within the privacy policy on the casino website.

Is it Safe to Use Bank Transfer for Casino Payments?

Of course it is. When it comes to using this service, it’s just like transferring money anywhere else. Log into your casino account (or register), make your way to the cashier and insert the amount you wish to play with to start the deposit process.

Pros & Cons of Bank Transfer Payment Methods at Online Casinos


  • There are no fees for using this service.
  • A Fast Bank Transfer is instant.
  • It’s secure.


  • Withdrawals can take many days to process.
  • Deposits are not instant. The time you will need to wait to play with your funds will depend entirely on how quickly your bank approves the transfer.
  • Bank Wire Transfer is not an instant service. Crediting your online casino account via this route could see you waiting as long 3-working days.
  • Some online casino promotions are not available to players using this payment service.
  • This service is widely available in the UK, but it may not be available in some countries.


The bottom line is that bank transfers are usually offered by online casinos as a last resort option for withdrawals. The idea behind this is that someone might deposit with a credit card only to lose access to the card for some reason, and then they want players to be able to cash out if need be. Another example is if someone deposits with an electronic wallet and then that e-wallet account is closed for whatever reason. The point is that players need a reliable way to cash out in circumstances like this where their primary banking method has been taken out of the picture, and bank transfers work wonderfully for that.