Wire Transfer

Bank wire transfer is, alongside credit and debit cards, the most ubiquitous online casino payment method. The vast majority of online casinos in the US accept this form of payment, and its popularity stems from its ease of use, high deposit and withdrawal limits, and top-notch security measures.

In the following sections, we’ll get you caught up with how to use bank wire transfer for online casino payments and everything else you should know about the process. We’ve also compiled a list of the finest gambling sites in the US that accept wire transfer. Feel free to check them out!

Since some of our readers are rookies in the online gambling world, we decided to create a guide that covers all the intricacies involved in making online casino deposits and withdrawals using the bank wire transfer payment method. Some of the items on the agenda include transaction limits, associated fees, and lots of other stuff that you should be acquainted with before getting in on the action.

Absolutely! In 2006, the American Congress passed the UIGEA Act, which made casino banking more difficult for online gamblers. Wire transfers were among the payment methods that were affected the least by UIGEA, which is one of the reasons why it has become the most prevalent payment methods in US iGaming sites. 

Even if you’re living in states that haven’t yet legalized online gambling, wire transfer deposits are the safest way to go. This is because most US banks can’t monitor the transactions that players make in US-friendly online casinos that operate outside of America, and the banks can’t recognize that you’re making a payment to a gambling company. 

In US states where online gambling has been legalized, wire transfer has also been made a legal way of depositing and cashing out money from online casinos.

There are a couple of things that you should take into consideration when choosing a wire transfer online casino. During our selection process, we pay attention to:

Depositing and withdrawing funds to and from your casino account via bank wire can be done relatively simply. Just follow our lead, and you’ll be claiming those juicy bonuses in no time!

Bank wire withdrawal should go even smoother since you’re already familiar with the basics. Here’s the drill:

Bank wire withdrawal should go even smoother since you’re already familiar with the basics. Here’s the drill:

There isn’t such a thing as a perfect payment method. They all have their advantages and disadvantages, and bank wire transfer is no different in this regard. Below, we’ve provided a breakdown of the key pros and cons of wire transfer in casino sites.

There are no limits as to what games you can play after depositing with bank wire. In other words, you can play all the games listed in the casino lobby, and that includes a huge range of slots, as well as a variety of table games such as blackjack, roulette, poker, and baccarat. You can also play live dealer games and even specialty games like bingo, keno, and so forth.

Once you establish that your chosen site is legit and perfectly safe to play in, you should check up on a few bank wire-specific factors, namely:

Keep in mind that the fees associated with bank wire casino transfers don’t depend only on the casino but also on the chosen bank and the amount of cash being processed. On average, processing fees are in the range of $10-50, but deviations from this sum are possible, depending on the abovementioned factors.

The first wire transfers were carried out in the 19th century via the telegraph lines. Transactions were performed between two banks directly, with no middleman to facilitate them. The amount of shared information was minimalized, which reduced the risk of ‘data hack’ by unauthorized personnel. 

Due to its long-standing reputation, bank wire transfer managed to find its application in the increasingly popular iGaming industry. Naturally, the speed of transactions is nowadays much faster than it was in the 19th century, but the basic idea remains the same — players transfer funds from one place to another without involving any third-party intermediaries.

If you value safety and ease of use over speed, then you should absolutely use bank wire transfer in gambling sites. The associated fees are obviously a huge downside, but you would have to pay some fees when withdrawing money from your casino account, regardless of the chosen method. At least this way, you’ll know that your money is being kept in safe hands, and it will stay that way for as long as you’re using bank wire transfers for casino payments. 

We especially recommend this payment for high rollers, since bank wire usually has the highest deposit and withdrawal out of all available options.