Bank transfer is a popular and commonly used method for transferring cash to a casino in order to start playing. This method is accepted by all casinos and it’s generally a very good, fast and secure way of depositing to online casinos especially for large amounts. A common problem with these type of transactions is when credit card companies block transactions due to the nature of casinos. This is done to protect your money against fraudulent behaviour, this issue can be easily dealt with by just phoning up your bank and confirming the transactions. Although this is a problem with certain banks it usually only happenes for large sums and it almost works like a defence mechanism to protect your account if the nature of the transaction appears to be suspicious.
If you are a high roller and want to deposit a large amount of cash to a casino you could consider sending the money direct from your account. This is an efficient way of depositing money however you do need to provide additional information like IBAN, Swift etc and it could also take time for the transfer to be processed. Therefore if you want a fast and efficient transfer try a different depositing method.
Before you deposit money its always a good idea to check the depositing methods of the casinos and their terms and conditions. A quick way of establishing what banking options casinos offer is to go to their homepage, scroll down to the bottom of the page and you will see all the different banking logos & depositing options they accept. Another way is to speak to their live chat support.
As bank transfers use the BACS system most of these transaction will be free with some exceptions of certain casinos charging a small sum per transaction, that’s why its important to check these things before you deposit.
A much faster option that certain casinos offer is CHAPS especially if you want to deposit a large amount of cash in a short period of time. This option should only take a few hours and the cost is quite low.
Bank transfer is still a very popular way of depositing money to casinos but for trying out a casino for the first time or for everyday use we would recommend a faster an easier option such as an e-wallet, credit card, paypal etc.