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You’ll find plenty of different names for bank transfers, including bank wire, credit transfer, or wire transfer. All of these are the electronic transfer of funds from one individual or entity to another.

Most international transfers are executed through The Society for Worldwide Interbank Financial Telecommunication (SWIFT), a society of international banks that operates a global network to facilitate the transfer of financial messages.

To make a bank transfer to one of the best online casinos, you will need an online banking account and the casino's banking information - in other words, the account you are sending the money to. You may be charged a fee for the bank transfer since banks collect payment for the service from the sender, as well as the recipient.

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The process of depositing money using a bank transfer is simple.

1. First, head to the cashier section on your online casino account and select ‘deposit’;
2. Choose bank transfer as your payment method;
3. Enter the amountyou would like to transfer, and any banking detailsthat the casino may request -  this may include the IBAN of the casino account;
4. Your bank may ask you to verify your identity through a security check, such as a code you receive by SMS;
5. Once you’ve cleared the security check, wait for your funds to be processed. You can start playing as soon as they are available.

Deposits to casinos tend to be quite quick, and aren't any different from other bank transfers. Due to the extra verification steps and the bank deposit procedure, there is little chance of fraud so your details are safe.

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Bank transfer fees vary from one bank to another and should be listed in the policy of your bank's choosing. Generally, the greater the amount you transfer, the more you will have to pay. The fees for bank transfers generally hover around a few percent, meaning the bank takes a small cut of the transfer as a fee.

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Ready to cash out your winnings? Here’s how to withdraw money from online casinos with a bank transfer.

1. Visit the cashier page of the casino and select withdraw;
2. Enter the amount you would like to transfer from your casino to your bank account;
3. Fill in any other banking details that are requested of you;
4. Confirm the transaction, and wait for the casino to process and release the funds to you.

You may need to submit identification documents like ID or utility bills with your name and address on them in order to confirm your identity before releasing the funds.

The withdrawal speed varies from bank to bank but it usually takes around 3-5 business days for the funds to reach your account.

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Let's have a look at some of the online casinos accepting bank transfers. These casino sites are able to process everything very quickly, which is a great advantage for players who want a super secure way of accepting payments with none of the fuss.

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You'll be able to quickly deposit for slot games, table games, scratch cards and more with your bank account. After you have deposited to your account, you can either access bonus funds (such as a deposit bonus) if you meet the eligibility requirements, or simply start to make your bet on the game of your choice. If you're playing a table game like blackjack, roulette, poker, or just giving your favourite slots a spin, bank transfer usually does the trick to top up your account.

Slots

There are hundreds of slot games to pick from at the biggest online casinos. Whether you're planning on playing Starburst, Book of Dead, or any other wildly popular games, bank transfers can facilitate that. You never know if you'll be lucky and score a win with slots, and a lot of it all depends on the match you get on the reels. As a result, when you're ready to withdraw your winnings, simply check the withdrawal limits to make sure you can take out the amount you want, and request the payout.

Table Games

Video poker, blackjack, and many more table games are a staple of the online casino world. Bank transfers are the easiest and most secure way to add money to your account to play them! Simply add money to your account using bank transfer, and you'll be able to join the dealer at the table with a stack of chips. Will you find ace, king, queen, and jack to get that royal flush at poker? You'll find out once your deposit has been added to your account!

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To offer a high-quality casino experience, a casino should be licensed and as a result it has a significantly higher bar for quality. The best live casino games are the ones you can find at these casinos - they offer premium games, a high-quality banking option in the form of bank transfer, and then also have to be fully licensed with their respective authorities.

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Many people might use the same type of payment method, but everyone has their own requirements when it comes to online gambling. Check out these highlights for bank transfer casinos based on their strengths.

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There are pros and cons to any payment method. There's no right way to send money to your bank account, but we think that bank transfers are a pretty solid option. As they're extra secure and have the backing of international banks behind them, it's a popular choice. However, there are some upsides and downsides, which we've listed below.