Wire transfers are one of the most popular methods for depositing money into your online casino account and it is a method that can also be used for withdrawing winnings. This online payment method also ranks right up there alongside credit and debit cards for being the most commonly accepted banking option available at online casinos.
Almost every single online casino around the world will accept wire transfers when players want to add funds into their gaming account or should they wish to withdraw any of their lucky winnings. Wire transfers can easily be made to online casinos. These transactions will involve moving funds from your bank account and then into your casino account. A large number of people choose to use wire transfer as an alternative to using prepaid cards, e-Wallets or major credit and debit cards.
If people don’t have a credit card or don’t want to sign up to an e-Wallet for whatever reason, wire transfers are the ideal solution. One of the main reasons that people do choose wire transfers is because they simply have no faith in any of the previously mentioned online payment methods.
There may be a fee from your bank each time you use this service, but you should always check prior to using a wire transfer. Players based in Canada sending a wire transfer to a Canadian based operator will incur fewer charges as opposed to making a wire transfer to an offshore operator. The thing that players should remember about this particular payment method is that the deposits are not usually instant. You may have to wait up to two or three days or even longer for the funds to actually appear as available balance in your online casino account. If the money hasn’t gone through before the weekend, it will mean another two more days of waiting.
To find out more about the deposit and withdrawal limits, you can visit the cashier section of the online casino that you want to send money to (or withdraw funds from) and it will tell you the precise limits. For players who prefer to have funds in their account immediately or get their hands on their winnings almost instantly, perhaps a Wire Transfer is not the ideal solution. Many players can become impatient if transactions are taking too long, so it could be a good idea to try a different method if you are one of these impatient people. One of the main reasons that other methods are becoming more popular is simply due to the time taken for the transactions to actually go through. People want things done yesterday, not tomorrow and wire transfers simply cannot compete with their more rapid alternatives such as the bank card or e-wallet.
The fact is that many people still use wire transfers in their millions and this method will remain a permanent fixture at every online casino that you visit. You will find it hard to land on a casino that doesn’t accept Wire Transfers as a form of payment.