Online Casinos With Bank Draft

Direct Bank Transfer Casinos

Casinos With Bank Draft

Direct bank transfers have been made available as payment methods at top online casino platforms.

Direct Bank Transfer Casinos

Bank transfer deposit and withdrawal method of payment processing has been present since the early beginnings of the iGaming industry.

Both deposits and withdrawals are classified under the Electronic Funds Transfer (EFT) payment types.

Online Casino Deposits using Direct Bank Transfer

1. Open an online bank account with your relevant financial platform.
2. Choose a reputable online casino that features high-end encryption and a license from the appropriate jurisdiction. These normally have the Cashier⁄Banking section featured straight from the homepage or in the basic starting menu.
3. Go to the respective online casino Cashier and choose direct bank transfers as your payment method. Clicking this can take you one of two ways: you will either need to log into your banking account or a pop-up window will open to numerous banking and financial services bound to include one of your choices. In the latter case, all players need to do is access their bank account directly and select the exact amount for the transaction.
4. Confirm the transaction (possibly entering the casino´s banking details, if necessary) and wait for the money to be processed from the bank account to the player account at the given online casino platform. While deposits are normally said to be instantaneous, some direct bank transfers may take several hours up to a few work days.

Withdrawals using Direct Bank Transfer

1. Choose direct bank transfer as a payment method at the relevant online casino. You should make sure both deposits and withdrawals are available using this method, as there are some which restrict it to deposits only. This is mainly due to the local laws, which is why checking the legal regulative regarding such practices should also be taken into consideration.
2. Enter the relevant information about your banking account, including the account number, contact address and phone, and the amount you wish to withdraw. What is more, in order to identify or confirm your banking institution, you might be required to enter its respective SWIFT or IBAN code.
3. Expect a waiting period for the transaction to be processed. This could range anywhere between a matter of hours up to a whole week, mainly due to the fact that both the player´s and the casino´s bank need to confirm, secure and perform the inter-institutional transaction.

Online casino operators provide direct bank transfer transactions with a lager amount limit both for deposits and withdrawals.

Disadvantages of Bank Transfer

Direct bank transfers tend to provoke dissatisfaction among online casino players for two reasons:

1. The transfer fees charged per transaction. Gaming portals tend to make their payment methods free of charge, but individual banks are free to impose fees, some ranging from £10 to £50 and over.
2. The waiting (pending) time that can span throughout a whole week. Due to the mandatory security and confirmation procedures, as well as the massive volume of transactions at all times, players are often left to wait for their payout to be credited to their banking account.

Direct bank transfer deposits and Bonus

Players who have chosen direct bank transfers as their online casino payment method will be eligible to qualify for the bonuses and promotions offered by the operator, unless otherwise stated in the terms and conditions.

Australia and USA Direct bank transfer

Despite the fact that online gambling legality is a disputable, grey matter in Australia and a cause of contrasting regulations across the USA individual states, online gambling can still be performed using direct bank transfers. Due to specific laws, withdrawals could be less commonly available than deposits but are still a possibility.

Recommended online casinos with Direct Bank Transfer

JackpotCity Casino, 7BitCasino, Fastpay Casino, Quatro Casino, BlackJack Ballroom, BitStarz casino and many more on our list.