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Wire Transfer

Wire Transfer
Our Rating: 4/5
  • Sends money directly from account
  • Accepts players from US
  • Supports multiple currencies
  • Needs no Credit card detials
  • Secure & trusted
  • Supported by many casinos
  • Keeps a track on deposits

Introduction to Wire Transfer

Wire Transfer or Bank Transfer is one of the most common methods players apply to start with online casinos. Wire Transfer is an easy and secure payment method to deposit and to withdraw the entire your earnings from the cashier after you have cleared out the online casino. Wire Transfer is particularly beneficial for depositing and withdrawing big amounts from an online casino. There are fewer regulations than usual bank transactions that may cause investigations and want reporting of big transactions.

Regulations & Safety Standards

Since 2009 the European Commission regulation No 924/2009 operates cross-border transactions in the Wire Transfer. The Wire Transfer Regulation forms part of the European action plan to stop terrorist financing and money laundering.

Wire transfers are very secure and all transactions will be processed under rules and regulations. Each account holder should have a proven identity with wire transfer. When using wire transfer, players will rarely have to offer any personal or account details.

Other advantages of using Wire Transfer

Few of the other advantages of Wire Transfer are -

  • No extra charge for making local wire transfers
  • Fastest mode of transferring money to the recipient
  • Perfect option that suits number of people who are residing in foreign locations and require to remit money to their home countries
  • Small transaction fees on international transfers
  • Doesn't get much affected by the variations in the exchange rates
  • Much safe and secure mode of transfer

How to sign-up or create an account?

Wire Transfer is available if you have a bank account with adequate funds for the transfer amount. These can be done in 2 ways - by filling in the transfer request form personally at your bank branch or by using online banking services.

Funding options available

There are mainly 4 easy ways to fund your wire transfer -

  • Deposit via Money Direct
  • Send a Cheque through your Local Branch Office
  • Deposit Stock Certificates
  • Wire Funds

Fee charges for deposits & withdrawals

Deposit Fees:

Most bookmakers don’t charge any fees when you use a wire transfer to deposit money into your account. But charges from your bank may still apply. Confirm with your bank for their fees for wire transfers.

Withdrawal Fees:

Bookmakers have a wire transfer minimum, can't withdraw anything less than that with this method. Generally the minimum withdrawal amount is around US$50 and the maximum depends upon your VIP status, varying from $5,000 to $10,000. Many bookmakers also offer their members one free withdrawal every month.

Countries supported by Wire Transfer

With Wire Transfer, you can transfer money from your bank account to casino or from casino to bank account in around 200 countries including India.

Currency options available

You can use your wire transfer in several different currencies. These are -

USD, AUD, JPY, GBP, SEK, CAD, DKK, EUR, NZD, CHF, ZAR, MXN, NOK, HKD, and SGD.

Technical & non-technical support by Wire Transfer

Wire Transfer offer excellent customer support team available 24/7. Users can contact the customer support team through FAQs, phone numbers, and live chat option.

 

Below are online casinos that accept Wire Transfer as their banking option:

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