You’ve been spinning the slot machines and hitting some big wins. Now you want to receive your profit straight to your bank account. How do you withdraw your money the easiest and fastest way? In this article we will give you a rundown of all the methods you can use to get your money, and everything you need to know about them.
To get started you need to locate the “withdrawal” section of the casino you are playing at. Once you’re there you should see a list of withdrawal alternatives to choose from. Here is a list of all the withdrawal methods and how to use them:
Bank transfers and card withdrawal (1-3 bank days)
Online Bank Transfer Casinos 2019. An online bank transfer is a service offered by a number of merchants that allows users to pay for items online using their bank accounts. It is an increasingly popular method of payment at a number of online casinos in some form or another and is offered both through in-house and independent payment processors. Certain countries, such as the USA, use bank transfer as a way to control players to stick to gaming online only within limited jurisdictions of certain states. Please see the list of over 200 online casinos that accept a deposit by bank transfer below.
The most common withdrawal method is good old fashioned bank transfer. If you choose this option, a web page will open where you insert your bank details such as bank account number, IBAN and BIC/Swift. Which details that are required varies from casino to casino, but generally one or more of these three are sufficient.
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Alternatively, at some casinos, you can withdraw straight to the card you used to deposit with. At these casinos, you can often choose your credit card from a list and just insert a couple of details and your money is straight on its way. Note that this option is often only available if you previously deposited with the card, so if you used bank transfer or an e-wallet as your deposit method, credit card withdrawal may not be available for you. This option is only available for VISA cards, not Mastercards.
It is completely safe to withdraw using bank transfer and card transfer, and you can expect the money to land in your bank account within 1 to 3 days. Some casinos even offer instant bank withdrawals through Trustly.
E-wallets (instant)
The other popular withdrawal option are e-wallets such as Neteller and Skrill. If you have an account at an e-wallet site you can get your money straight to it. Once you have chosen your preferred e-wallet on the withdrawal page, you simply enter your e-wallet account’s email address and your money will be transferred directly to it. Note that e-wallet withdrawals are often only available if you have used it for depositing previously.
Once the money has arrived in your e-wallet account, you can easily send it to your bank account, or keep the money there. Both Neteller and Skrill offers the possibility to connect a Mastercard to your account so that you can use it in stores or ATMs (Note that there’s usually a €5 fee for ATM withdrawals)
Tips and things to be aware of
If you are new to online casino gaming, there are some things you should know about to make the withdrawal process faster. Getting your money shouldn’t be a hassle, so this is how to withdraw money from an online casino the fastest and smoothest way.
* Process times:
Before the money are being sent from the casino to your bank account or e-wallet, the casino has to manually process your withdrawal. How long this takes depends on a ton of factors such as the work capacity of the casino, the volume of the withdrawals in their queue, and if your account is verified or not (you can read more about this subject further down). It can take anything between 5 minutes and 48 hours before your withdrawal has been processed, but most professional and big casinos process all withdrawals within a couple of hours at maximum. If you are getting impatient, contacting the casino’s customer support can sometimes speed up the withdrawal time.
* Same withdrawal method as the deposit:
Most casinos have a rule that states that you can only withdraw using the same method as your last deposit was made with. This means that you can’t withdraw to your bank account if your last deposit was made using Skrill. The reason for this is to prevent money laundering and fraud.
* Playing with a bonus:
If you play using a casino bonus, you must complete its wager requirement before withdrawing the bonus money. If you are playing with a bonus that lets you withdraw your real money balance while still having an active bonus, all bonus funds will be forfeited if you choose to do so.
* Account verification:
The online casinos are legally required to check their customer’s details, so you might be requested to send in some documents before they process your withdrawal.
Documents to send in:
- Scanned copy of your passport or ID.
- Utility bill (usually phone bill or electricity bill) that proves you live at the address you registered with.
- Depending on what payment method you used to deposit funds into your casino account you will be asked for either a bank statement, copy of your credit card, or print screen from your E-wallet to prove that the cards/e-wallet belongs to you.
Sending these details to verified casinos is completely safe, and the casinos do not share this information with anyone. You are also allowed to hide certain sensitive information, such as your CVC code on your credit card etc, when sending in your documents to the casino.
As a general rule it’s recommended that you verify your account as soon as you’ve created your casino account, in order to avoid any issues when trying to withdraw your winnings.
* Fees:
Most casinos do not charge a fee on withdrawals but note that your bank might take a small transfer fee, especially when there is a currency exchange involved. Neteller and Skrill also takes a fee when you transfer from your e-wallet account to your bank account and they give you quite a bad currency exchange rate. It’s therefore recommended to always have the same currency on your casino account as you do on your e-wallet and credit card.
A bank wire online casinos offer a safe way to instantaneously transfer money from a bank account to a gambling account. The potential for fraud in a wire transaction is extremely limited. Once you confirm your bank account, funds are secure and guaranteed.
Main reasons to use a wire transfer as your online casino deposit method:
- Guaranteed Transaction
You may see wire transfers called either “electronic funds transfers” (EFTs), or “bank transfers.” All wire transfers, regardless of their name, use the same process. Most people have used wire transfers at one time or another since ATM withdrawals and direct deposits are a kind of EFT. They are often the primary (or only) way gamblers get paid out online.
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Everything You Need to Know
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OUSC Guide to Wire Transfers
This Online United States Casinos bank wire guide details all you need to use bank drafts for gambling on the internet. Go over this step-by-step guide for making an online casino deposit using wire transfers, how to make a withdrawal, what the transaction limits are, and the benefits and drawbacks of bank transfers.
Keep reading to find out whether this is the right deposit method for you and the best online casinos that offer this banking option.
Pros & Cons of Using Wire Transfers as a Deposit Method
Every payment method has pros and cons. While bank wire transfers boast a lot of advantages, they do have a couple of drawbacks. Here’s an honest assessment of using bank wire transfers for casino deposits and withdrawals.
- Security: Bank wire transfers tend to be safe. Banks invented most financial security procedures – and do them the best.
- Guaranteed Payment: If a transfer is lost, many banks guarantee the transaction. In the US, regulations often require it.
- High Limits: EFTs often have higher withdrawal limits than credit cards or web wallets. High rollers like bank wire transfers for that reason.
- May Have Fees: Many banks and financial institutions charge a fee for international wire transfers. Always check to see if there are fees.
- Takes Longer: Wire transfer withdrawals take longer than Bitcoin or e-wallets since banks have more protocols in identity verification.
The Best Online Casinos that Accept Wire Transfers
We researched the top online casinos for wire transfers. Our criteria include max deposit limits, bonus offers, game selection, reliability, and security. We recommend casinos sites with high limits on bank wire transfers, so penny players and high rollers alike can enjoy the fun.
| RANK | ONLINE CASINO | MIN/MAX DEPOSITS | MIN/MAX PAYOUTS | BONUS |
|---|---|---|---|---|
| #1 | BetOnline | $1,000 – No Max | $500 – $24,900 | 100% up to $3,000 |
| #2 | Wild Casino | $1,000 – $No Max | $500 – $24,900 | $5,000 Welcome Bonus |
| #3 | Betway Casino | $20 – $No Max | $10 – $4,000/week | 100% Match Bonus Up to €/$250 |
BetOnline Casino
BetOnline accepts play from Americans, though it’s a large international casino site, too. If you use Neteller, Skrill, or a bank wire transfer, there is no limit to your deposits. New depositors receive a three-tiered welcome bonus, so it’s easy to max out the promotions while funding your account. BetOnline is a one-stop gaming site, with an online casino (classic and live dealer), sportsbook, and cardroom.
New BetOnline players can enjoy a 100% Welcome Bonus of up to $3,000.
Wild Casino is a relatively new online casino. Still, it’s already one of the best options for players using bank wire transfers. You’ll face a no max deposit bonus, while the payout limits soar into the $25,000 range. Wild Casino has fewer games than the competitors, but it’s building a larger inventory each month.
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Create a new account at Wild Casino and enjoy up to $5,000 Welcome Bonus in signup bonuses.
Betway Casino
Betway Casino collects a huge number of games, including the best progressive slots from NetEnt and Microgaming. Betway also provides a sportsbook, poker, and live casino gaming from Evolution Live Gaming. Fill your account with unlimited bank wire transfers. However, Betway is third on our list because of its weekly withdrawal limits.
Betway Casino players get $9,000 in freerolls along with a 100% Match Bonus Up to €/$250 welcome bonus.
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Using Wire Transfers as an Online Casino Payment Method
The process of using a wire transfer at an online casino is not much different than most bank transactions. We go through the step by step process in the space below. Contact your bank to have the IBAN and BIC codes ready. Once you have these, you’ll repeat the process over and over with no issues.
Before you can deposit at an online casino, remember to register for an account. The site makes the transfer and contacts the bank with the proper IBAN and BIC codes. Wire transfers go to the bank through a secure system like the SWIFT or Fedwire. Transfers to the casino might not be instantaneous but shouldn’t take more than a few hours in most instances.
- Make a Deposit: Log into the site and navigate to the cashier page. Select “Deposit,” then select “Bank Wire Transfer” to start the wire transfer process.
- Choose Wire Amount: Choose the amount you want to send, then verify the payment when prompted. Accept your deposit bonus before processing and read through the terms.
- Wire Transfer Fees: Sending banks or institutions charge a fee, while the depositing banks draw a fee from the amount sent. Online casinos do not charge fees, but their bank might.
- Play for Real Money: Once you have money in the account, play casino games for real cash. At first, play games that satisfy your wagering requirement. Once you clear the conditions, it’s time to make a withdrawal.
Making a Bank Draft Withdrawal
Making an online casino withdrawal is, in many ways, the reverse of the deposit process. The time for payout is longer because the casino and your bank must verify your identity. This process is when you’ll most often encounter fees.
- Withdrawal Request: Go to the cashier page once more. This time, select “Withdrawal,” then select “Bank Wire Transfer” from the list of options.
- Verify Your Cashout: Next you need to verify the payment. Once you make a withdrawal request, you can cancel for a few hours, but the cashout is final after the initial waiting period.
- Check Wagering Requirements: Remember to check wagering requirements and other terms of use before withdrawing cash. If you violate the terms, bonus winnings can be forfeited.
- Wait for Payment: Payments sometimes take 5 to 10 business days. Check your bank account periodically to see when the withdrawal arrives.
How to Choose a Wire Transfer Online Casino
First off, read online casino reviews. When you see a site accepts wire transfers, you should consider a few things.
Transfer Fees
Transfer Times
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Top Online Games You Can Play by Using Wire Transfer
Few US-friendly online casinos have specific wire transfer bonus promotions. Only a few American online casinos limit wire transfers deposits, so any game should work.
Pick a casino that supports wire transfers. For instance, Bovada and Slots.lv don’t use wire transfers, but BetOnline, Sportsbetting, Golden Lion, WildCasino.ag, and Betway all do.
Online slots, real money keno, and scratch cards are the quickest way to clear bonuses. Give these online casino games for real money a try at your favorite gambling site.
Wire Transfer: A Brief History
Wire transfers began way back in the 19th century. Western Union sent the first wire transfer in 1872 over the telegraph lines. A person anywhere in the United States could pay money to a Western Union station. Using passwords and codebooks, that station would send along a “wire transfer” to another station. The receiving Western Union office would pay the person on the other end from their cash.
Since then, the system for sending wire transfers has grown ever more complex. Despite improvements, the basic concept stays the same. Today, bank institutions and wire transfer services use advanced encryption techniques and identity verification tools to assure security. A variety of wire transfer networks exist (SWIFT, Fedwire) that send payments. Because wire transfers handle massive payments, they are growing in popularity with online casino players.
Should You Use Wire Transfer Deposits?
The OUSC team agrees that online casino wire transfers are a safe and reliable method of moving cash from your bank account to their site. Once you collect casino winnings, bank wire transfers move the cashback to your bank account. US players will find that bank wire transfers are the best option for handling huge sums of money if you don’t want to use Bitcoin. If you’re a high roller who wants to withdraw $25,000 at a time, wire transfers are the best option.
Banks could charge you $50 to $100 for a wire transfer, but that’s a small price for a high stakes gambler. You’ll also need to wait 5 to 10 days for the bank wire to arrive. Keep in mind wire transfers eliminate one step of the process, because credit card or e-wallet users often eventually move their money to the bank. Bank wire transfers are a good way to cash out at an online casino, so pick one of our recommended sites for wire transfers and play online.
Players Also Ask About Wire Transfers
Readers still might have some questions, so we’ve prepared a short Q/A about using Wire Transfer at online casinos. Read through these frequently asked questions if we haven’t covered your concerns so far.
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Do any US online casinos accept Wire Transfer deposits?
Yes, many online casinos accept wire transfers. Some don’t. For instance, BetOnline and Sportsbetting.ag accept online wire transfers. Wild Casino, Golden Lion Casino, and Betway each accept wire transfers. Bovada, Slots.lv, Ignition Casino, and Cafe Casino do not.
Those that do allow massive transfers, like BetOnline and Sportsbetting, allow unlimited funding with wire transfers; there are no max limits. Both have a $24,900 max withdrawal, which is much higher than most other deposit methods.
How can I get real money using a Wire Transfer as a payment method?
Yes. People absolutely can make wire real money to and from online casinos. All you need is a bank account. The process isn’t much different than withdrawing money from your bank or ATM. Send unlimited cash in a casino deposit, or request an online casino withdrawal. The money appears in your bank account in a few days.
Is using a Wire Transfer as a deposit method safe?
Bank wire transfers are as safe or safer than credit cards, web wallets, and e-vouchers. Banks make it their business to protect money transfers, so EFTs are protected by advanced security measures.
Note: The safest online transfer method is still Bitcoin or other cryptocurrency deposit methods because verification with blockchain technology is extremely secure.