Bank Transfer Casino : Top options in 2024
Bank transfer is one of the oldest payment methods on the market. It is very advantageous for paying bills or other monthly payments, but much less so when it comes to buying items online. Indeed, if you want to deposit money at an online casino, you will have to go to your bank. Moreover, depending on the casino you choose, the completion of your transaction can take between 1 and 3 working days.
Best online casinos accepting bank transfers
Due to their top-notch security and formidable reliability, bank transfers are some of the most popular payment method options chosen by players in online casinos.
In this comprehensive guide, we’ll delve into everything you need to know about this payment method. Keep reading to discover its many pros and cons, the top platforms that accept it, and how to successfully make bank transfer deposits and withdrawals.
The 5 Best Bank Transfer Casinos
Most of the online casinos on the Lucky7Bonus website offer bank transfer as a means of deposit and withdrawal.
In this section, however, we have decided to highlight 5 top casinos for you, each ranked one of the best gaming platforms on the market.
Millionz Casino
Millionz Casino is an exceptional gaming platform with a wide variety of excellent bonuses and promotions on offer, each with no wagering requirements!
The welcome bonus, in particular, is especially generous, with terms and conditions that are not at all harsh to follow:
100% match-up of up to €500 + 100 free spins!
Join us in playing the plethora of high-quality games available at Millionz Casino, and discover the excellent features that will enhance your gaming experience exponentially.
Cloverspin Casino
Discover the many generous bonuses and promotions available at Cloverspin Casino, including this exceptional first deposit bonus:
100% match up to €500 + 50 free spins!
Here, you’ll find that many reliable methods of payment are supported. If you desire a stress-free experience, we highly suggest choosing the bank transfer option available at Cloverspin!
For an even more spectacular gaming experience, shift through the wide selection of high-quality games and leading software providers available in its gaming portfolio.
Oshi Casino
With over 6,000 games in its game library and dozens of reputable software providers to choose from, Oshi Casino is one of our favourite platforms to visit when we’re looking for an unforgettable gaming experience.
If you decide to follow in our footsteps, you’ll be able to enjoy the following welcome bonus:
Up to €4,000 + 200 free spins!
To enjoy this casino offer, and many more equally as generous promotions, register your player account at Oshi Casino today!
Jackpot City Casino
At Jackpot City Casino, gamers can play at one of the fastest withdrawal casinos on the market, a platform that provides its players with plenty of payment method options for them to choose from.
Here, you are welcomed with the following welcome bonus:
100% up to $1,600 split over your first 4 deposits
Take advantage of this excellent promotion today and discover the many other excellent features of Jackpot City Casino!
Gamdom Casino
Gamdom is another bank transfer online casino that we make it a habit of visiting often.
We do this not only to take advantage of the excellent game library that is bursting with innovative games to jump into, but also for the many reputable deposit and withdrawal payment methods that are supported on this platform.
Bank transfer is one such payment method that we habitually use when playing at Gamdom. Make your first deposit today to receive this exceptional reward:
Up to 15% Rakeback for up to 7 days
Use our code LUCKY7 to benefit from this highly generous welcome bonus!
![[PLACEHOLDER]](https://media.lucky-7-bonus.com/datocms/1667838686-thumbnail-gamdomv2.webp?fm=webp "[PLACEHOLDER]")
How does an online casino bank transfer work?
A bank transfer is used to transfer funds directly from a player’s bank account to their casino account.
Efficient and secure, this payment option still has a bright future in the online casino world. Bank transfers are highly reputable and have been around for a very long time. This is an indication of just how safe this payment method is to utilize.
Indeed, unlike a credit card, cash, or even a check, your bank transfer is completely de-materialized. Thus, it is almost impossible for a person to access your banking information.
The high security features of bank transfers, coupled with the strong digital trail that they leave behind, make this payment method very attractive in the casino’s eyes.
However, this security comes at a cost: More verification steps are required, therefore the processing times for bank transfers are typically longer than those of other payment options.
A transaction made with this method of payment can take between a few hours and several business days to be completed. In addition to this, the bank transfer must be authorized, registered, and notified in order to be effective.
Although it has far fewer advantages than other deposit methods, bank transfer is available at the majority of online casinos featured on Lucky7Bonus.
Unlike a credit card or other deposit methods where the money arrives instantly in your account, this is not the case with a bank transfer.
Still, for those who do not wish to enter their banking information on the Internet and desire to set some limits, bank transfer can be a very good alternative.
What types of bank transfers are available at online casinos?
When visiting your favourite online casinos, you will notice that different platforms offer different types of bank transfers to their players.
To dispel any confusion about how these differ from one another, we have compiled some of the various options that you can choose from to deposit funds into your online casino player account.
Standard Bank Transfer
A standard bank transfer consists of an electronic transfer of funds between two bank accounts.
This type of bank transfer can take place between accounts that are owned by the same bank or between two different banks. In the case of the latter, a financial institution is used to facilitate this transaction.
When depositing funds into an online casino player account, the transfer will be made directly between the player’s bank account and the casino’s bank account.
Should you choose this means of payment, you can expect your deposit to take up to a few business days to be processed.
Instant Bank Transfer
An instant bank transfer allows you to transfer your money from your bank account to the recipient’s bank account in real-time.
This payment method option allows players to transfer funds both quickly and efficiently and offers much quicker transactions than other types of bank transfers.
In addition to this, instant bank transfers are easier to accomplish than standard bank transfers and are much more secure than card payments.
Typically, you can expect your instant bank transfer to take place within minutes rather than in 1 to 3 business days.
Wire Transfer
A wire transfer, on the other hand, is typically used for large sums of money and international transactions.
With the use of a secure network, a wire transfer consists of an electronic transfer of funds from one bank account to another.
This type of bank transfer can be much slower to complete, and it can also incur much higher fees than other alternatives.
What are the pros and cons of bank transfers at online casinos?
Like many services, bank transfer is a method of payment that has many advantages and disadvantages.
With the table of pros and cons listed below, you can assess if this is the right method of payment for you.
| ADVANTAGES | DISADVANTAGES |
|---|---|
| ✅ Widely accepted | ❌ Slow processing times for transactions |
| ✅ Very safe and secure | ❌ A flat fee is typically charged for withdrawals |
| ✅ High deposit and withdrawal limits | ❌ Some banks do not accept online casino transactions |
| ✅ Low processing fees | ❌ Players must be in possession of a bank account |
| ✅ Highly reputable and easy to use | |
| ✅ Leaves a strong digital trail |
How do I make an online deposit with a bank transfer?
If you are not used to depositing money at an online casino with a bank transfer, Lucky7Bonus will explain how to do so.
To perform this demonstration, Lucky7Bonus has gone to Millionz Casino.
First, log in to the online casino where you wish to deposit your money.
Once you have completed this step, click on ‘Deposit’. This option is located at the top right-hand corner of your Millionz homepage.
Once this step is completed, you will be redirected to the deposit methods page.
Here, you will be presented with several options. Here, we are interested in direct debit. So, you will have to click on ‘Bank Transfer’.
Next, Millionz will want to know the amount you wish to deposit at its online casino. You will have the choice between several amounts. If none of them interest you, then you can enter the amount you wish to deposit in the ‘Amount’ box.
Once you have selected or entered the amount, click 'Deposit'.
For your first bank transfer, as explained above, you will need to go to your bank to enter this information.
Once the first transfer has been made, you will be able to make the others directly from your computer or mobile device.
Finally, once the transaction has been completed, you will have to wait between 1 to 3 business days before receiving the money in your account at the online casino where you deposited your money.
Lucky7Bonus would like to remind its players that gambling can be both addictive and dangerous. For this reason, we advise you to only play as much as you can afford to lose. If you find that your addiction is becoming too much, turn to the appropriate services for help.
How do I make an online withdrawal with bank transfer?
Cashing out your winnings with bank transfer is a very simple process. Follow this step-by-step guide to request your first withdrawal:
Visit the online casino and log in to your player account.
Click on your player profile or on the ‘Cashier’ option available.
Before starting the withdrawal process, make sure to upload the necessary documents to verify your identity (as explained below).
Select the ‘Withdrawal’ option.
Here, you will find a list of payment method options. Select ‘Bank Transfer’ and input the amount of cash that you would like to cashout from your total withdrawable balance.
Enter your bank details in the required fields shown.
Once you confirm these details, you’ll have to wait for your transaction request to be processed.
Typically, bank transfer processing speeds vary from 1 to 3 business days, but this can vary according to the method of transfer that you choose to utilize.
All registered online casinos must abide by the KYC (Know Your Customer) procedure, a system of verification that allows the gaming platform to verify your identity.
To abide by this, you will be requested to upload the following documents:
A copy of your ID card, passport, or driver's license
A copy of your most recent utility bill
On rarer occasions, a copy of your latest payslip or bank statement
Ensuring that these documents are uploaded to your profile prior to the start of your withdrawal request will speed up this process significantly.
What are the fees associated with bank transfers for online casino transactions?
Depending on your bank and the amount of funds that you would like to transfer, bank transfers can incur some transaction fees.
Any fees incurred by the player when making an online casino transaction are dependent on multiple factors, including the following:
The terms of the bank in question
The terms and conditions of the online casino
The amount of funds that you desire to transfer
The specific geographical location of the sender and recipient
Whether the recipient has an account with the same bank as the sender
There are also several other factors that could impinge on the value of these fees and charges. It is important to keep in mind that bank transfer payment methods can incur some of the highest fees out of all depositing methods of payment.
International transfers
It is possible to send money internationally but beware of the fees: Your bank may charge you on three different levels:
Issuing fees
Receiving fees
Exchange commission fees
So, before sending money abroad, ask your bank about the rates that are available to you.
Even if bank transfers are sometimes very useful, they are not free of charge. Indeed, depending on the type of transfer you make, the fee may be higher. For example, the fees for a standing order will be lower than for an occasional transfer.
It is very important to note that these figures are valid for the majority of cases. There may, however, be some exceptions: Depending on your status, the contract with your bank, etc.
How to choose the best bank transfer casino site?
Games Catalogue
A massive casino gaming portfolio is always preferable to a limited one, however what we typically pay attention to when hunting for our next favourite online casino is the selection of software providers that the platform has chosen to partner with.
An abundance of different and reputable software providers guarantees that the game styles, themes, originality, and innovative gameplays will be equally as abundant.
A limited game library, on the other hand, will almost always guarantee that the player will eventually grow tired of the titles on offer. Not long after this, he will swiftly depart to greener, and shinier, platforms.
For this reason, we highly suggest going through the gaming portfolios of the online casinos you have an eye on and ensure that there are plenty of titles and developers that you wouldn't mind trying out.
Licensing and Security
Here at Lucky7Bonus, we only play at fully registered online casinos that are in possession of reputable gaming licenses.
The reason for this is that unlicensed online casinos are deeply untrustworthy. Your sensitive information is not safe here and the casino games that you play are not guaranteed to be fair.
On the other hand, registered gaming platforms must work very hard not only to obtain a reputable gaming license but also to maintain it: Regular checks are constantly being made by the appropriate gaming authorities.
In this way, you can rest assured that your personal and financial information is completely safe and secure in their hands.
Bonuses and Promotions
The bonuses and promotions at an online casino are typically the first feature that a player will take notice of, and perhaps even base his entire decision on.
The generosity of the bonuses alone is not enough, however. Rather, the terms and conditions are what will hide the true values that are worth noting and basing your decision on.
In particular, the wagering requirements of various casino promotions can be quite harsh, oftentimes disproportionately so. If these conditions are not met, the player cannot cash out any winnings made with the bonus in question.
Before choosing your next gaming platform and wasting your time on bonuses with terms that are much too hard to meet, we suggest comparing the promotions of one casino with another’s.
Customer Service
Excellent customer support that is consistently effective is one of the most vital aspects of any online casino.
We highly advise you not to overlook the quality of this service, and to read plenty of online casino reviews that delve into this feature.
Discovering that the customer support service is lacking halfway through your gaming session is a very unpleasant realisation that will likely affect your gaming experience dramatically.
Keep in mind that another player’s casino experience might be dramatically different from your own. Despite this, however, it is very useful to read plenty of casino reviews to obtain a general idea of what you can expect prior to registering your player account.
Eventual Transaction Fees
Typically, transactions made with a bank transfer means of payment are free of charge.
Some online casinos, however, may apply service charges for the use of this payment option.
For this reason, we highly suggest looking out for these service charges when searching for your next bank transfer online casino, as well as avoiding gaming platforms that charge any extra fees for deposits and withdrawals.
What are the precautions to take when making a bank transfer?
Do you want to increase your chances of having an enjoyable and stress-free gaming experience at some of the best online casinos in the industry?
Protect both yourself and your money by following these 4 precautions.
Use of secure networks
When making a bank transfer, it is vitally important to use a secure internet connection.
We highly recommend utilizing your password-protected home Wi-Fi network when depositing funds to your online casino account, and to never use any public network that is questionable at best.
If you’d like to add an extra layer of protection to your online casino transactions, we also suggest implementing the use of a VPN.
Protection of personal information
Protecting your personal information from any third-party threats is the most impactful precaution that you can take.
Phishing attempts refer to fraudulent behaviour conducted by individuals posing as established or trusted institutions. By doing so, these individuals attempt to steal your personal and sensitive information.
Here’s how to recognise and avoid such phishing attempts:
Before depositing any money to the online casino, research the platform thoroughly
Ensure that the online casino is in possession of a valid gaming license. Regularly make sure that this license is up-to-date and that the gaming authority that has awarded such a license is reputable.
Only utilize trusted methods of payment that offer top-notch security features
Read plenty of honest player reviews about all the features presented by the online casino in question
Here at Lucky7Bonus, we advise you to be very cautious when sharing your financial information online. Avoid any online casino scams by following the precautions listed above, and always choose reliable payment methods for any transactions that you make.
Supervision of transactions
We advise online casino players to regularly check their bank statements and to monitor them for anything that appears to be suspicious.
In addition to this, transaction histories should also be monitored for any potential unauthorized activity.
By doing so, you can give yourself the peace of mind that you might be missing to enjoy your gaming experience to its fullest potential.
This is an extra precaution for any player who is worried about potentially falling victim to a gambling scam.
Verification of transaction details
To protect yourself from any financial harm or fraudulent behaviour, we highly advise you to double-check, even triple-check, your transaction details prior to finalizing any online casino payment.
In addition to the sensitive details themselves, we suggest that you also double-check the amount that you have requested for your transaction.
Taking just a few minutes to be extra vigilant with your personal and financial information can save you a lot of heartache at a later stage of your online casino experience.
What are the alternatives to bank transfer at online casinos?
Cashlib
| Categories | Bank Transfer | Cashlib |
|---|---|---|
| Speed of transactions | ❌ Slow transaction speeds | ✅ Fast deposits |
| Fees | ❌ Wire transfers can incur high transaction fees | ✅ Low transaction fees |
| Safety and security | ✅ Very safe and secure | ✅ Very safe and secure |
| Withdrawals | ✅ Withdrawals are possible | ❌ No withdrawals are possible |
| Currencies | ✅ 100+ currencies | ❌ 10+ currencies |
| Availability in online casinos | ✅ Many online casinos support it | ❌ Not available in many online casinos |
| Availability worldwide | ✅ Available all over the world | ✅ Mainly available in Europe |
Cashlib is a prepaid card that transforms your cash into a unique 16-digit PIN code to use for all your online purchases.
This method of payment allows you to forgo the use of your debit or credit card and to make online casino transactions in unparalleled safety.
Highly secure and providing complete anonymity, Cashlib has become massively popular with players from all over the globe.
The biggest disadvantage of this payment option is that players cannot make any withdrawals when utilizing it.
PayPal
| Categories | Bank Transfer | PayPal |
|---|---|---|
| Speed of transactions | ❌ Withdrawals can take up to 3 or 5 business days | ❌ Withdrawals are processed within 3-5 business days |
| Fees | ❌ Some fees can be quite high | ✅ Relatively low transaction fees |
| Safety and security | ✅ Top-notch safety and security measures | ✅ Excellent safety and security measures |
| Stigma | ❌ Some banks might refuse your gambling payment request | ❌ PayPal limits its use in the online gambling industry |
| Currencies | ✅ 100+ currencies | ✅ 26+ currencies |
| Availability in online casinos | ✅ Many online casinos support it | ❌ Not available in many online casinos |
| Availability worldwide | ✅ Available in many countries worldwide | ✅ Available in over 200 countries worldwide |
PayPal is a highly secure electronic wallet and one of the most reliable payment methods that you can choose for your deposit and withdrawal needs.
Unfortunately, many gaming platforms do not support PayPal transactions, and thus it is not widely available as a payment method option.
Despite this, we highly suggest that you choose this means of payment if it is offered by your online casino, enabling you to keep both your personal and financial information safe from any potential threats that want to steal it.
Bitcoin
| Categories | Bank Transfer | Bitcoin |
|---|---|---|
| Speed of transactions | ❌ Up to 3 business days | ✅ Almost instantly |
| Volatility | ✅ More stable | ❌ Highly volatile |
| Safety and security | ✅ Very safe and secure | ✅ Very safe and secure |
| Anonymity | ❌ No anonymity | ✅ Complete anonymity |
| Currency | ❌ Centralised currency | ✅ Decentralised currency |
| Availability in online casinos | ✅ Many online casinos accept it | ✅ Not all platforms accept it, but many online casinos accept crypto payments |
| Availability worldwide | ✅ Available worldwide | ✅ Available worldwide |
Crypto payment method options have become massively popular in the online gambling world for the high levels of safety and security that they can offer, as well as for the complete anonymity that they can afford to give their users.
Bitcoin offers much faster processing times compared to those offered by traditional bank transfers, and it is becoming more and more widely accepted on gaming platforms all around the word.
In addition to the many perks that Bitcoin can offer, however, there are some massive disadvantages to this payment method.
In particular, one should keep in mind that cryptocurrencies are highly volatile, and that their value fluctuates dramatically from one moment to the next. This makes Bitcoin very unpredictable and thus very unreliable.
Skrill
| Categories | Bank Transfer | Skrill |
|---|---|---|
| Speed of transactions | ❌ Very slow processing times | ✅ Almost instant deposits |
| Fees | ❌ Potentially higher fees | ✅ Low fees |
| Safety and security | ✅ Extremely safe and secure | ✅ Very safe and secure |
| Anonymity | ❌ Offers no anonymity | ✅ Players can remain anonymous online |
| Currencies | ✅ 100+ currencies | ✅ 40+ currencies |
| Availability in online casinos | ✅ Available in most online casinos, with some banks not allowing gambling transactions | ✅ Available in most online casinos |
| Availability worldwide | ✅ Available in most countries worldwide | ✅ Available in over 200 countries |
Skrill is another electronic wallet that we highly recommend for all your online casino deposits and withdrawals, enabling you to transfer your funds to your player account almost instantly.
The root of its popularity stems from the anonymity that it provides, as well as the very fast transaction processing speeds that it offers to its users. You will also be able to find Skrill in most of the online casinos on the market.
Compared to other e-wallets, Skrill offers the lowest fees available. Keep in mind, however, that any payment provider’s fees and charges are dependent on your specific geographical location.
paysafecard
| Categories | Bank Transfer | paysafecard |
|---|---|---|
| Speed of transactions | ❌Can take up to 3 business days | ✅ Very fast deposits |
| Fees | ❌ Some fees can be quite high | ✅ Relatively low fees |
| Safety and security | ✅ Highly safe and secure | ✅ Highly safe and secure |
| Withdrawals | ✅ Withdrawals are possible | ❌ Withdrawals are not possible |
| Currencies | ✅ 100+ currencies | ✅ 26+ currencies |
| Availability in online casinos | ✅ Supported by most gaming platforms, but some banks might refuse casino transactions | ✅ Available in many online casinos |
| Availability worldwide | ✅ Available in most countries worldwide | ✅ Available in over 60 countries worldwide |
paysafecard is a prepaid card that, much like any other prepaid voucher system, provides players with complete anonymity and highly safe and secure transactions on the Internet.
As its name implies, this payment method boasts some ultra-secure payment features. To use it, all you have to do is exchange your cash for a 16-digit PIN code and use your paysafecard ticket to make a deposit on your favourite gambling platform.
This means of payment is the perfect solution for those who don’t want to share any of their banking or credit card information online.
FAQ: The Best Bank Transfer Casinos
Can I use any bank account to make a deposit?
There are some banks that will not allow you to make an online casino transaction. If this is the case, these may either freeze your account or refuse to process your deposit.
Is there a minimum and maximum amount for bank transfer deposits?
The minimum and maximum limits for bank transfer deposits are dictated by the specific online casino that you have registered your player account on. These limits vary from one gaming platform to another, so always make sure to be aware of these values prior to making your first deposit.
How long does it take for a bank transfer deposit to be credited to the player’s account?
Bank transfer is a payment method option that is notoriously known for having long waiting times, especially when compared to other methods of payment. Typically, you can except your deposit to take between 1 and 3 business days to be processed.
Can I withdraw my winnings by bank transfer?
Yes, withdrawing your winnings is an easy feat to accomplish when using bank transfer. This payment method is one of the safest options that you can choose, however it is also one of the longest withdrawal processing times out there. Typically, you can expect your withdrawal request to be processed in 1 to 3 business days.
What documents are required to make a withdrawal by bank transfer?
Fully registered gaming platforms are obliged to follow the KYC (Know Your Customer) Procedure. To abide with this system, the casino will request the following documents: A copy of your ID Card, passport, or driver’s license, as well as your utility bill. A copy of your latest payslip might also be required.
Is it possible to cancel a bank transfer already in progress?
Typically, a bank transfer that is already in progress cannot be cancelled. However, this is highly dependent on the specific circumstances that you find yourself in. A cancellation might be possible with the approval of the recipient of the transaction.
