Bank Wire Transfer Casinos – Europe, 2023

In this guide to bank transfer casinos, we provide you with top-rated European casinos that accept this wire payment method for deposits and withdrawals — while also helping you understand the payment processing times, safety measures, potential fees, and more.

Top-Rated European Casinos for Bank Transfer Users

Bank Wire Transfer Payments Explained

A bank transfer is a process of shifting funds from one bank account to another. When using a bank transfer for online casino gambling, you’re essentially transferring money from your bank account to the casino’s account (for depositing) or vice versa (for withdrawing winnings). Here’s a four-step bank transfer process.

• Identification

  The first step involves gathering the recipient’s banking details. This includes the account number and sort code, which are basic requirements for any bank transfer. For international transactions, you might also require additional information, such as the recipient’s International Bank Account Number (IBAN) and Bank Identifier Code (BIC) or SWIFT code. These codes help identify the specific banks involved in the international transfer.

• Initiation

  Once you have all the necessary details, you initiate the transfer. This could be done in person at a local branch of your bank, although online banking or mobile banking apps are the preferred methods by many. You’ll need to enter the recipient’s banking details and the amount you wish to transfer.

• Execution

  After you have initiated the transfer, the bank takes over. It processes the transaction, moving the specified funds from your account to the recepient’s. This process involves several automated checks to validate the details and the availability of funds in your account. Execution time can vary depending on the bank and the nature of the transfer (local vs. international).

• Confirmation

  Once the transfer has been successfully executed, you’ll receive a confirmation. This could be an email or SMS notification. The confirmation will often include a unique transaction number for reference. It’s a good practice to keep this confirmation until you’re sure the recipient has received the funds.

Using Bank Transfers at Online Casinos

To use a bank transfer at online casinos, you’ll need to log into your casino account, navigate to the deposit or withdrawal section, and select “bank transfer” or ‘wire transfer’ as your payment method. See the table below.

• Note: Withdrawal processing times vary. Check the casino’s policies and processing times beforehand.

Information Needed for Bank Transfers

The information you’ll need for a bank transfer includes your bank account number, the bank’s name, and a specific code known as the BIC/SWIFT code, usually found on bank statements along with the sort code and account number. You may also need the casino’s bank account details. This can usually be found on the casino’s banking page.

Payment Time for Bank Transfers in Casinos

Bank transfer payment times can vary. Deposits are often instant, or they may take a few hours. Cashing out your winnings tends to take longer, generally 1-5 banking days. This mainly depends on two things: the casino’s rules and your bank’s rules. Each casino has a specific time to process withdrawals. They need to check everything is above board before releasing the funds. Also, banks have their own processing times, which can add to the waiting period.

Bank transfers between European banks tend to be quicker and more streamlined. This is thanks to a system called the Single Euro Payments Area (SEPA) that makes payments between European banks quicker. However, if you’re transferring to or from a bank outside Europe, it could take longer. Cross-border transactions inherently involve multiple intermediaries and compliance with international banking regulations, which can protract the timeline.

Safety and Security Measures

Bank transfers are generally safe due to the stringent security measures applied by banks. Online casinos also use 128 or 256-bit encryption to ensure the security of your financial details. However, here at Onlinecasinoinfo.eu, we recommend playing only at trusted European online casinos with a good reputation among players and strong security credentials.

Understanding Fees, Limits, and Costs

The top-rated online casinos listed here don’t charge for deposits and withdrawals made via bank transfers; otherwise, they wouldn’t be recommended. But your bank might impose a fee for using the wire transfer service, particularly for international transactions. We advise you to be aware of these potential fees and to factor them into your choice when selecting a bank transfer as your preferred casino payment method. 

The minimum deposit using a bank transfer is the same as with other payment methods, usually set at €20, while the minimum withdrawal is often €50.

• Tip: Before withdrawing your winnings, look for the “Instant Bank Transfers” icon. This indicates that the casino of your choice provides instant payouts via this method.

Claiming Casino Bonuses with Bank Transfer Deposits

One of the top advantages of using bank transfers for online casino deposits is the full eligibility for all casino bonus offers. Unlike e-wallet deposits via Skrill and Neteller, which often disqualify players from bonuses, bank transfer deposits allow total participation in the array of incentives provided by online casinos.

What does this entail? Following your first deposit via bank transfer, you may receive a 100% welcome bonus up to a specified limit (details are available in the casino listings above), along with deposit match bonuses on subsequent deposits. Players typically leverage these casino bonuses for two primary reasons: 1) to prolong their slot game sessions and 2) to increase their chances of withdrawing bigger winnings, courtesy of the additional funds in their account.

• Remember: Casino bonuses are not free money, so be sure to read the terms associated with each bonus to ensure you’re fully informed about the wagering requirements and withdrawal restrictions.

Customer Support in Bank Transfers Supporting Casinos

As a rule, top-quality European online casinos provide strong customer support for players using bank transfers. This includes detailed help pages, 24/7 live chat, and email support. A good casino will make it easy for you to get assistance if you run into any difficulties when using their bank transfer service.