Bank Wire Transfer

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What is Bank Wire Transfer?

Bank Wire Transfer – transferring money between bank accounts. You can both send and receive bank transfers, and many banks allow you to work with transfers without opening an account. However, if you plan to apply for bank transfers more than once, it is recommended to open a bank account. If you have a foreign currency bank card, then you already have a bank account, you only need to find out its number, as well as the details of your bank.

How to use

You can recommend using a card account – this is quite convenient, upon receipt, the money will be available on the card and it will be possible to withdraw it, for example, to withdraw it from an ATM. If you need to open an account, then go with a passport to the bank and ask to open a foreign currency account on demand (it’s better to have a dollar account, since casinos and rooms work mainly with dollars. In principle, most banks will allow you to accept transfers to other accounts in other currencies, find out only at what rate the conversion will take place, otherwise, the percentage of losses can unpleasantly surprise).

Be careful

Do not forget to familiarize yourself with the tariffs in advance, some banks charge a fee for withdrawing money, as well as for opening an account. It is preferable to open accounts in large banks – it’s easier for them with account details. The opening procedure itself takes about half an hour, after which the account can be used.

In principle, there are only two options for working with an account (this does not take into account the option of having a card) – to replenish the account and withdraw money from it, the bank’s cash desk is used, and the account can also be used to receive and send bank transfers.

Work with casinos?

If you want to make a bank transfer, you will need money in the account (or just cash, you can usually make a transfer without opening an account), a passport (if the transfer is done through online banking, you won’t need it) and the beneficiary’s bank details, which you should find out casino.

Time

Usually, the transfer takes 2-3 days, that is, money in the casino/poker room will appear only after this period. In addition, the bank charges a fee for outgoing payments, usually, it is 1% at least $ 15- $ 50. As you can see, making a deposit using a bank transfer is very inconvenient and expensive, it is much more convenient and cheaper to open a card.

It is much more convenient to receive money using a bank transfer. In this case, the money will also be sent to you in 2-3 days, some sites charge a fee for the transfer (a fixed amount of $ 15- $ 50), but many transfers are free. There are usually no restrictions on the maximum transfer amount, but on the minimum – maybe they amount to at least $ 100- $ 1000. You can withdraw without opening an account (check with the bank).

But more conveniently – to a credit card account, in this case, you will not actually see the difference with a simple refund to the card. To withdraw funds from a casino you will either have to fill out a form on the website or send a letter with details to the support service.

Our list of casinos

Here you will find a list of the best casinos which provide the Bank Wire Transfer withdrawal method. Feel free browsing our list and we hope you will enjoy our list of casinos. We do our best for that.