Online Casino Bank Transfers: A Gambler's Guide

A wire transfer is a method of sending money from one person or entity to another. Funds are sent electronically using either a bank or a wire transfer service such as Western Union or MoneyGram. Casino Online has discovered that this method of sending and receiving money can be fast, efficient, and safe. However, there are often fees associated with this type of financial transaction.

The wire transfer process is, overall simple. In order to send money, online casino UK players must first have on hand the correct information regarding who will be receiving the funds. You can find this out by going to the banking page of your online casino. In doing so, you’ll need to indicate how you will be sending funds and how much you will be sending.

Once you have that information, you will need to fill out the necessary paperwork to complete the transfer to your online casino account. You’ll be asked to supply your personal information, which will include your name, address, and other contact information, and you’ll need cash or a debit or credit card.

Once all information is confirmed, the bank or wire transfer service will send the money. You’ll receive a receipt for your records, which will include a specific number or code that is associated with and will identify your transaction. Casino Online notes that wire services such as Western Union insist that you send those receiving the funds the unique tracking number associated with your transaction. They will need that number in order to retrieve the funds.

If you are receiving winnings from your account, you will need to go to your casino online banking page or directly contact customer service. As it is with all real money online casino transfers, you’ll need to provide documentation confirming your identity before you’ll be allowed to withdraw any cash. Wire transfers are commonly sent to bank accounts however, some casinos will also send you a transfer personally through a service such as Western Union. If they do the latter, you’ll have to go to one of the locations of the wire transfer service with your ID and the tracking number to pick up your money.

Yes, Casino Online confirms that wire transfer services and banks will be able to send money to your online casino account.

Casino Online has found that wire transfers are very safe. First of all, all transactions can be tracked. Thus, if for some reason the transaction does not go through to your real money online casino account or isn’t properly credited, you’ll be able to pinpoint the reason for the delay or problem. Also, these services tend to be guaranteed so you are protected. It is important, however, that online casino UK players keep any documentation associated with the wire transfer, as this will be used to verify the process, amount, and other aspects of the transaction.

According to Casino Online research, wire transfer services that are used to fund your account often take minutes to process and are usually in your account and ready to be used as long as you send cash. Casino Online warns that bank transfers, due to the manner in which they are routed, usually take any where from three to 10 business days to process, but be aware that they may take as long as 21 days.

Withdrawing funds can take longer due to the amount of time the online casino needs to process your funds. Often processing takes from one to seven days, depending on the casino, which means the funds will reach you in two to 10 days.

Often credit and debit card deposits are instantaneous or close to being so. As soon as you make the transfer, the funds are in your account and ready to use. Plus, Casino Online notes that making a deposit in this manner requires less effort, as you don’t have to contact or go to a bank or wire transfer service to complete the process. Credit and debit cards can be used directly online.

Yes, Casino Online advises that there are fees associated with wire transfers. However, some online casinos will pay those fees for you, crediting your account for the amount charged by the wire service provider. Usually, the online casino charges no fee for such transfers.