Sometimes called ‘wire transfer’, the bank transfer payment method is possibly one of the oldest ways of sending money, even predating the internet by several decades. Despite its venerable age, the bank transfer is still a very popular choice among casino players and many online casinos offer this option.
Bank Transfer – A Resilient Choice of Payment Method
Here’s why that is:
- Bank transfer is available for deposit/withdrawal at the majority of online casinos
- It does not require the setting up of additional user accounts
- Banks take security very seriously and protect their customers’ funds well
Deposit and Withdraw Via Bank Transfer
At its most basic, playing at an online casino requires only one thing – a bank account with money in it. A number of high-tech, virtual solutions have sprung up over the years, aiming to appeal to an increasingly connected audience. Through it all, players have continued to use bank transfers to top up their casino accounts as well as for other uses. Why has this old-school payment method stuck around?
For one thing, it is, for the most part, already there. It is not unreasonable to assume that anyone old enough to play at an online casino has a bank account.
There’s no need to sign up to any service or remember any new account details – the hard work has already been done!
It helps that banks have also caught on to the power of the web and offer internet banking, putting this payment method into the same realm of convenience as the others.
Players unsure of this method of transferring funds often raise the spectre of security – performing a bank transfer necessitates that the receiving party (i.e. the casino) is aware of your identity. Even in this age of high online security, some players express misgivings about this kind of data travelling over the strands of the web.
The answer to this problem is both simple and effective. A secondary bank account, one independent of your savings, makes it a lot less worrisome to share your banking details. It also makes it a lot easier to keep track of your casino budget, keeping you from spending more than you should and letting you track deposits and withdrawals more accurately.
Bank transfers do tend to take longer than other payment methods, but this too can be viewed as a positive. A longer wait period can help gamblers take control of their activities and keep them from developing unsustainable gaming habits.
Overall, bank transfers might be an older way of doing things but there certainly have their advantages, particularly for conscientious casino players.
Top Up with a Bank Transfer at These Casinos
If we’ve helped you settle on bank transfer as your payment method of choice, the next logical step is to point you in the direction of some quality casinos. Most, if not all, casinos allow deposits and withdrawals via bank transfer, so your options are varied in this case.
Check out the following casinos, which will let players deposit and withdraw their cash via bank transfer.