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Bank Transfer Casino Sites


 

Bank transfers, sometimes referred to as wire transfers, are one of the most established, credible and frequently used methods of payments in existence. As its name suggests, bank transfers involve somebody transferring funds from a bank account into a different account. The individual or organisation which receives the funds is known as the recipient.

 

As far back as the fourth century BC, the concept of ‘abstract’ money had been born, in which money was representative as a number. Transfers involving this ancient form of banknotes, were made by subtracting ‘numbers’ from a book, similar to today’s bank, and added to another book.

 

Bank transfers as we know them today were implemented at around the same time as the telegraph was invented. The telegraph made long-distance communication possible and it was in the United States in the latter half of the 1800s that the first wire transfer was made, taking money electronically from one source and into another. Today, thanks to the internet, anybody with a bank account, internet access and online bank can carry out their own electronic wire transfers with ease.


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• Wagering requirements of bonus funds • Whom this offer is available to, – for example, ‘new customers’ or ‘UK customers only’ • Deposit methods which do not qualify player for bonus eligibility, e.g.- Skrill/Neteller • Minimum deposit amounts • Statement- ‘Bonus Terms and Conditions Apply’ • 18+
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Up to £1000 Vegas Welcome Bonus Viva Betway Vegas! * New customers only. Opt-in required. 100% Match Bonus up to £250 on 1st deposit of £20+. Additional bonuses of up to £250 on 2nd deposit of £20+ and up to £500 on 3rd deposit of £20+. 50x bonus wagering applies as do weighting requirements. Credit Card, Debit Card & PayPal deposits only. Irregular gameplay may invalidate your bonus. Other conditions apply - see full terms
100% match on first bonus up to £250, then a 25% match on second bonus up to £250 then a 50% match on third deposit up to £500 (18+ only, T&Cs apply, please gamble responsibly)     More info

Instants, Live casino, Poker, Progressive Slots, Slots, Sports betting, Video poker

The sign up offer is valid from 1st March 2018 till 24th March 2018, 23:59 GMT and is valid only once per account. Use promocode - “WT5” for 5 free spins on sign up. The deposit offers are valid from 1st March 2018 till 31st March 2018, for 20 free spins on 1st deposit use deposit code "BS20". Wagering is 50x and the bonuses must be wagered for withdrawal. Deposit is compulsory for withdrawal requests. Deposit offer is valid for 90 days from receipt and the free spins offer is valid for 7 days from receipt. Subject to Vegas Paradise's full Bonus Policy. General Bonus & Terms and Conditions always apply, Gambling can be addictive. Play responsibly.
OFFER: Get 5 bonus spins on sign up with code: WT5, 100% first deposit up to £200 + 20 bonus spins with code: BS20     More info

Card and table games, Casino games, Progressive Slots, Scratchcards, Slots

Min. deposit: £ 20. Max. bonus: £ 50. Offer valid on first deposit. Offer only applies to new players. This welcome offer is only available for players from the United Kingdom.
100% up to £/$/€50 plus 50 spins on Wild, Wild West.     More info

Casino games, Live casino, Progressive Slots, Slots

 

How does a bank transfer work?

 

We have to admit that this method of payment is one of the quickest and least energy demanding types of payments. All that is required is the information from where the funds are coming from and the information about where the money is going to, known as the recipient. The data required is typically the name of the sender, also known as payee, their address, the name of both banks involved and the addresses of both banks, both bank account numbers, and various other codes related to the banks, such as the BIC, Swift and IBAN codes.

 

As soon as the transfer information has been entered, the bank where the funds are leaving will need to verify the data that has been provided. The bank that is receiving the funds will then need to also verify the relevant information in order to accept the transfer.

 

This typically shows up as ‘payment processing’ and usually takes around three to five working days to be completed. This however depends on the specific banks which are involved in the transaction, as sometimes the process can be longer, up to around eight working days. If some data has been entered incorrectly, the whole process is slowed down and can take as long as between 20 and 30 working days before the transaction is completed.

 

Many online casinos accept bank transfers as payments. Simply select this method of payment when you are on the payments page of the casino. All you will require is your own bank account’s information, including number, address, name and as well as the bank account number the sort code number. You will also need the bank details of the online casino, which they will provide.

 

You will need to log onto your own bank account’s internet banking in order to make the payment to the online casino and complete the transaction.