Instant Bank Transfer Casinos
To deposit and withdraw money at an instant bank transfer casino, players simply need to have an account with any given bank institution. There are two possible ways gamblers can make a transaction using this method.
The first method isn’t convenient, as it requires you to visit your bank in person. To complete the transaction, you’ll need to have all the banking details of your preferred online casino.
On the other hand, if the bank you hold an account with supports online banking, you’ll be able to transfer funds from your personal account to the casino’s bank account in a matter of minutes.
So, let’s dig a little deeper into how we use bank transfers to make casino deposits and withdrawals.
How to Make a Casino Deposit Using Bank Transfers?
The first thing you’ll need to do is search and find an online casino that accepts instant bank transfer deposits. Upon finding the casino that meets all your criteria, you will need to follow the procedure for becoming a registered member.
Once you can log in, head over to the payment section. There, you will see a couple of deposit options, so select the Instant Transfer Deposit method (also known as Fast Bank Transfer). Choosing an online casino instant bank transfer will make all the difference between your account being instantly credited and having to wait a lot longer for the funds to reach your account.
Then, you will need to enter the exact amount of money you want to deposit into your account. Enter the required IBAN (International Bank Account Number), BIC (Bank Identifier Code), the recipient’s name, and location. An instant bank transfer does take a few hours, unlike other methods that occur immediately.
It’s worth mentioning that instant bank transfer casinos set minimum and maximum transactions, which vary depending on the payment method and the casinos’ policies.
How to Withdraw Funds From Bank Transfer Casinos?
Almost all online casinos accept bank transfers as a withdrawal option. The procedure is practically the same as making a deposit. Make sure that casinos accept deposits and withdrawals through bank transfer, as some ventures restrict it to deposits only.
Go to the Cashier page and select “Bank Transfer” as a withdrawal option. Enter the relevant information about your banking account, account number and the amount you wish to withdraw. Like depositing, you will also need to enter IBAN and BIC codes. You can expect a waiting period for this banking method. The usual waiting time varies from a couple of hours up to an entire week since both the player’s and the casino’s bank need to secure and confirm the transaction. Compared to other methods, the withdrawal process is slower but more secure.
Bank Transfer Limits at Online Casinos
When you want to make deposits and withdrawals at an instant bank transfer casino, all payment options limit how much you take or pay. If you’re a highroller, deposit limits can be outright annoying. Thus, use bank transfer payments because you can deposit with NZ$20 and have the highest deposit and withdrawal limits of all other payment options.
Bank Transfer Casino Transfer Fees
Deposits and withdrawals have their own fees and taxes for casino transfers. Bank transfer casinos may charge a fee per transaction. As for the financial institution with which you have registered an account, the service is generally free. Any additional costs will depend on the online casino you choose. Rates can vary based on a flat rate or a percentage of the amount you’re depositing/withdrawing.
How Long Does it Take to Move Cash Into a Betting Account Using Bank Transfer?
Bank transfer casino payments can vary from casino to casino. Deposits are fast and have no waiting period once you fill out everything for the transfer and verification. Withdrawal is different when you make a withdrawal request, and it may be in pending or processing status for up to a few days.
Bank Transfer Payment Method Review – Casino Edition
There are benefits of an instant bank transfer casino compared to other payment methods. For starters, there are plenty of casinos that accept bank transfer deposits. Bank transfer payments are provided by all large NZ banks and are available in most casinos worldwide. You can find this payment method as an instant banking casino deposit or wire transfer option. No other payment option is more accepted around the globe.
Online bank transfer is one of the most trusted methods by casinos, and using it will allow you to access and claim most of the bonuses and promotions running at the site as long as you meet the T&Cs associated with them.
How to Find a Bank Transfer Online Casino?
As we mentioned earlier, bank transfers are widely used as a payment method. Thus, players should not have any problems finding an online casino that allows players to use bank transfers for payments. Whenever you see an online casino that supports bank transfers for payments, players can be confident about the safety and reliability of the operator in question. But, if you do not know which casinos are trustworthy, we advise you to look through our selection.
Alternatives to Gambling With Bank Transfer
If you decide not to use bank transfer as a payment method, luckily, there are other options. They are widely accepted among New Zealand operators, and you won’t have any problems finding them in online casinos.
E-wallets are also accepted in most NZ gambling sites because deposits and withdrawals are instant and secure. Aside from the best ecoPayz casinos, you can also find operators that support PayPal, Skrill, and Neteller.
Paysafecard is an excellent option if you want to make transactions anonymously, as it is also widely accepted in online casinos. Instead of transferring your funds directly from a debit or credit card, Paysafecard makes use of vouchers using their own cash in exchange for a voucher. Vouchers can be bought from any of their retailers, which include shops, supermarkets and petrol stations, as well as online if desired.
Many online players use modern payment methods such as debit and credit cards, e-wallets, and prepaid cards to top up their casino balances. They are often faster and more convenient, but bank transfers remain one of the safest options for both online or land-based casinos.
Gamblers who opt for an instant bank transfer casino can take advantage of the opportunity to transfer more significant sums in one transaction. This means that bank transfers are especially suitable for high rollers.