WIRE TRANSFER ONLINE CASINOS

Wire Transfer is a system of payment that allows the transactions of funds between bank accounts. Since the inception of this payment system, more than nine thousand financial institutions have implemented it, and it is accessible in over two hundred countries in the world.

Wire transfer is payment system that involves transferring money between users via the internet, this payment system is well-known worldwide. Making a payment with Wire Transfer at casinos involves i.e. the user, the casino and users financial institution.

Wire Transfer Supported Casinos

Transactions via Wire Transfer has proven to be among the highly secured means of transacting. Transactions with Wire Transfer can be done with local bank.

Depositing with Wire Transfer

Below are the information you need to deposit via Wire Transfer to casinos:

1. Provision of bank data and personal data is a requirement.
2. To make a deposit at an online casino, you will need the assistance of your bank because you can only issue a Wire Transfer at your local bank and this can also be done on your mobile baking app.
3. You can make an enormous deposit amount with Wire Transfer.
4. A bank charge that varies from one bank to another will be deducted from your account when you use a Wire Transfer. Ensure to check the T&Cs of your bank before making your transaction.
5. Your details will be verified by your local bank, and this can take a while though some banks do this pretty fast.

Withdrawing with Wire Transfer at Online Casinos

Below are the things you need to know about withdrawing via Wire Transfer

1. Visit the section that is meant for withdrawal on your online casino and fill in the information of your bank and your withdrawal amount.
2. Await the withdrawal to reflect in your account, and this may take about five to seven days of work.

Merits and Demerits of Wire Transfer

Merits

1. All transactions done via Wire Transfer are kept safe and secure.
2. It is a good payment system for players that love staking high as it offers high deposit amount.
3. It is well-known and accepted by many online casinos.

Demerits

1. There is no total anonymity with users’ data since the data will be visible to the online casinos.
2. Deposit and withdrawals are processed for long.
3. The fees that are charged by banks on Wire Transfer is too much.
4. Depositing with Wire Transfer needs a physical presence in the bank as it cannot be done online.

FAQs of Wire Transfer

Is Wire Transfer usable by high rollers?

Of course, Wire Transfer is one of the best payment systems for high rollers as it offers an enormous amount of deposits and withdrawals.

Do payments with Wire Transfer attracts charges and limits?

Banks deduct charges for using Wire Transfer, visit the information page of your bank to learn more.

How secure are transactions made via Wire Transfer?

This system of payment is highly secured as players’ financial institutions guarantee its security.

Can third party have access to the transactions I made via Wire Transfer?

Yes, the transactions done via Wire Transfer are not kept anonymous as it is visible to the online casino you are playing at.