Full Review - Wire Transfer (8.25)
The most common form of wire transfer is the bank transfer, something that is extremely popular in Europe. There can be different forms of wire transfers, basically; even using your debit card can be considered an electronic wire transfer, as the money is finally transferred from your bank account to the shop where you made your purchases from.
A wire transfer is a feasible option to look at when you think of transferring money from your bank account to your online casino account. However, most of the time, people tend to use any one of the countless other online transaction options available nowadays and give the wire transfer a skip. The primary reason for this is attributed to the length of time it takes to transfer funds via wire transfers. Typically this takes anywhere between 3 and 5 days provided that all the information is correct in the wire transfer instructions.
There are usually regulatory agencies that keep track of wire transfers made. In the US, all wire transfers made within the country are governed by Federal Regulation and also the Uniform Commercial Code’s Article 4A. In Europe these transactions come under the purview of the European Commission. Also, in Europe the fees attached to wire transfers is very low if the transfer is made within member countries. However, for any other wire transfers involving a country that is not a member of the EU, the fees are quite steep.
One big benefit to wire transfers is that online casinos typically prefer receiving funds by this method as it is a more guaranteed method for them as it's more difficult to charge back funds and in some cases impossible depending on where the funds are in the transfer process. Because of this many online casinos offer incentives and bonuses to players who use wire transfers to transfer funds into the casino.
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| Wire Transfer Information |
| Name |
Wire Transfer |
| Website |
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| U.S. Players |
Yes |
| Deposits |
3-5 Days Depending on Bank |
| Support |
No |
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| More on Wire Transfer |
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