Online Casinos that Accept Bank Transfer Payment
Most of the pioneers gambling sites are bank transfer casinos since this payment method was always there, long before digital wallets came to be. Players only needed to have money in their bank accounts and then find a site that would accept this form of payment, which wasn’t hard in any other part of the world. Despite the current rampage by other simple payment options, some players still prefer the trusty bank as it has higher limits than almost any other option.
You will easily find a list of the best bank transfer online casino sites accepted in Canada with a simple online search. We make that easier by telling you everything you need to know about this payment option in this article.
BonusC$900 + 150 FS
Bonus150% WB UP TO CA$200!
BonusC$3000 + 100 FS
Bonus100% up to $500
Bonus100% UP TO C$750 + 200 FS
BonusC$1000 + 100 FS
Particulars of Bank Transfer Casinos
There is very little to know before making a direct transfer into your casino account. You already know you need some cash in the account, so the next step is initiating the transfer from your account to the casino’s. Before all the innovation, you had to be at the bank physically to sign documents authorizing the transfer, but this can now be done online, even through the phone.
Deposits are easy and will be acknowledged immediately, so you can start playing as soon as possible. You need to first find the best online casinos with bank transfer, ensure you have cash in your bank account, and then head to the cashier space on the site.
How to Deposit Using Bank Transfers
- Register an account with a casino that accepts this form of payment.
- Go to the cashier’s section on the homepage.
- Select Bank Transfers and enter your preferred amount in the pop-up window that shows.
- Enter your credentials to finish up.
- Wait for the casino’s notification.
How to Withdraw From these Casinos
- Ensure you have met all the required wagering conditions.
- Ensure the amount in your account is above what the bank transfer limits are for the site you are using.
- From the cashiers, select ‘Bank Transfer’ and enter the withdrawal amount.
- Enter your credentials and wait for the site’s notification.
- You will be notified of the waiting period, which is usually not less than 2 working says.
Withdrawals from bank transfer casinos take longer than deposits since verifications must be done before your request is honored. The process is the same, and most sites will usually ask you to wait up to five days tops to get your cash.
Limits usually differ from one casino to the next, but the usual expectation is for banks to have larger withdrawal limits than most other payment options. They are especially ideal for jackpots.
One of the best things about working with online casinos that accept bank transfer is that you can initiate a transfer from any part of the world. As long as there is a banking institution on the other side, you can trust it to allow you to cash out from any gambling site.
One notable downside of these casinos is the charge that will be deducted from your winnings. Depending on your bank, you may have to part with between $5 and $50, or sometimes more if your withdrawal is substantial. You can also use this payment option at the 1$ deposit casino.
How to Choose Bank Transfer Online Casinos
These are some of the markers we use in casinos:
- Availability in your country
- Site friendliness
- Game fairness through audits – eCOGRA badges
We only select the best bank transfer casinos online that are licensed by the best bodies in the world, and this is information you will find on the homepage of any site. Look out for the license number and verify it for your personal knowledge.
You can tell the security situation of a site by looking at the SSL encryption it carries. The latest is the way to go as it locks out hackers from your account. You will be sharing sensitive personal information that could fall into the wrong hands if you are not covered adequately. You may want to read the site’s terms and conditions to see what is said about the personal information you share.
We will get into more details about bonuses below, but we like direct bank transfer online casinos that offer competitive incentives. One of the least considered requirements by most people that we do not take for granted is the availability of the chosen online casinos that accept direct bank transfer in your country.
Some players have no problem using VPNs for access, but we prefer sites that allow players access without hiding their IP addresses. Most of them will also use your country’s currency, so we think this property is important for users to consider.
Lastly, the gaming portfolio is critical. Why? You don’t want to get bored playing the same kind repeatedly, so aim for variety, even with slots. Different themes will get you the desired combination of fun and challenge.
We like looking at the list of software providers working with the site since we know some have better gaming options than others. We also prefer those with mobile compatibility to allow players to catch a game wherever they are at any time.
Various Bonuses at Top Bank Transfer Casinos
Bonuses are the chosen strategy for many gambling sites, and they have worked for as long as anyone can remember. These are the main bonuses issued:
- Welcome offers – Deposit and No deposit bonuses
- Free spins – to new and existing players.
- Loyalty Programs
- Reload Bonuses
- Cashback and Referral offers
Welcome bonuses are given to new players who register accounts at casinos for the first time. They can be tied to deposits or not, and you will have some attached conditions to fulfil them. These include wagering requirements where you have to cycle the money back a number of times before you can withdraw it, and you are limited to the number and type of games you can use the money on. The money is valid for a set period, after which it is nullified unless you meet all the conditions.
Free spins are ideally given on slots, awarded to new and existing players. You also want to stay tuned for other game offers that may become available randomly as they are meant to target frequent users.
These bonuses are the perfect icebreaker for new players scared of losing money when they start playing. You may also want to look out for demos that allow you to play real money games for free until you fully understand them.
Alternatives to Casinos with Bank Transfer
Apart from the best bank transfer online casinos, you can also use digital wallets to deposit and withdraw from your casino account.
Digital wallets such as:
Card such as: Visa, MasterCard, and Amex
Cryptocurrency: Ethereum, BTC, Dogecoin, Tether, and XRP, among others.
Pros & Cons of Bank Transfer Online Casinos
- Easy to use and fast to execute.
- Accepted widely.
- Larger limits for withdrawals.
- Take longer to process.
- Costlier than online transfer methods.
Several instant bank transfer online casinos exist, making it easy to find one that suits your preference. Since this method is widely accepted, you should not have a problem finding a site in your country that will allow this deposit or withdrawal.
The instant bank transfer casinos we recommend are licensed and have met all the safety requirements you may need, but we still advise you to read the T&Cs before signing up for an account.
- What is the lower limit for deposits at bank transfer casinos?
It varies from site to site, but typically it could fall between $10 and $20. The site’s policy determines withdrawals.
- Are bank transfers free?
No, the casino may charge a processing fee, as will the bank. The charges differ from one site to the next and with banks.
- Is this method easily accepted?
Almost every bank allows funds transfers for local and international deals.
- How long do fund transfers take?
Usually 3-5 working days.