Best Bank Transfer Casinos
Bank transfers are one of the oldest and most trusted ways of depositing/withdrawing cash at online casinos in Canada. Find out how bank transfers work at iGaming platforms and which bank transfer casino is best in my guide.
Top Casinos That Accept Bank Transfers
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Top-Rated Online Casinos That Offer Bank Transfer Payments
How Do Bank Transfers Work for Online Casino Deposits and Withdrawals?
Also known as wire transfers, bank transfers are among the most widely accepted payment options in casinos. They allow players to move money to/from the casino online from their linked bank account. There’s no need to fill in card details on-screen, and there’s an extra layer of security.
How to Make a Deposit or Withdrawal Using a Bank Transfer
To deposit cash at bank transfer casinos:
- Create a casino account and verify it.
- Log into your online bank account.
- Specify the amount to be deposited at the casino.
- Enter casino banking details.
- Click to confirm the deposit request.
For withdrawals at bank transfer casinos in Canada:
- Click to make a withdrawal when logged in.
- Choose bank transfer as a payment option.
- Confirm bank account details and withdrawal amount.
- Click to confirm the withdrawal request.
How Long Does It Take Casinos to Process Bank Transfer Payouts?
Bank transfer payouts are one of the slowest banking options for players in Canada. They take at least a few working days on average, depending on the casino. Casinos that process withdrawal requests quickly will payout faster, but bank transfers usually take a few days. Withdrawal requests via this method can be even slower at the weekend or at busy times.
Do Casinos Charge Fees for Using a Bank Transfer Method?
There’s usually a transaction fee when using a bank transfer at online casinos in Canada. Requests are processed via the banking network, which incurs costs. Despite this, bank transfers have low fees in general at most online gaming sites.
Pros and Cons of Using a Bank Transfer for Deposits and Withdrawals
High level security and banking encryption.
Available at most online casinos.
Easy to use.
Slow payout speeds.
Lack of anonymity.
My Top Tips for Staying Safe When Playing at Bank Transfer Casinos
Bank transfers are one of the most secure ways to deposit/withdraw money at online casinos. Just follow my tips:
- Only play at regulated, licensed casino platforms.
- Take longer payout speeds into account when accessing winnings.
- Monitor your bank account regularly for unauthorized transactions.
- Create strong passwords for online banking and casino accounts.
- Make larger, less regular withdrawals to stop fees from being an issue.
What Other Payment Methods Are Available in Canada?
Although bank transfer casinos are a popular choice around Canada, there are some secure alternatives. For more detailed information, head to www.playcasinos.ca.
PayzLaunched in 2000 as EcoPayz, this payment option is a go-to choice for many Canadian iGamers. Payz has excellent security, is easy to use, and offers fast payout speeds.
Instadebit
Based in Canada, this online payment provider is at most of the top casinos in the country. Creating an account at Instadebit and depositing/withdrawing cash at iGaming platforms using it is very straightforward.
PayPal
PayPal is another very familiar e-wallet at the top Canadian online casinos. It delivers lightning-quick transaction speeds, low fees and high-end security.
Interac
This payment network based in Canada is already used by many. It enables safe, fast and secure online transactions for online casino play. Interac works by linking players’ bank accounts to the online casino for deposits/withdrawals.
Credit Card
Credit cards have been around iGaming since the very beginning and allow players to easily access funds to game with. Easy to use and with decent payout times, they are widely available to most.
Cryptocurrency
Bitcoin and other digital currencies are one of the newest payment options for casino gaming online. Offering excellent security with high-end encryption, they also provide transparency, anonymity and very low fees.
Which Is the Best Bank Transfer Casino?
For me, Wildz Casino is among the best bank transfer casinos in Canada. It is home to top-tier software developers and has a huge library of games. Multiple payment options (including bank transfers) are attractive, with 24/7 live chat support and mobile functionality.
FAQs for How to Use a Bank Transfer at Online Casinos
Is a bank transfer safe to use?
Bank transfers are arguably the safest payment option at online casinos that high-level encryption to protect players. Always play at licensed bank transfer casinos online.
Can I deposit Canadian dollars to a bank transfer casino?
Yes, you can deposit in Canadian Dollars (as long as the casino accepts this currency).
Can I use a bank transfer to make deposits and withdrawals?
It is possible to both deposit and withdraw cash via bank transfer.
Who do I contact if I have an issue using bank transfers at an online casino?
If the problem is with the bank account, speak with the bank. If the issues are around using a bank transfer at the casino, customer support is the best choice.
Adam Nadeau is our site founder, reviewer and director of sales with 19 years of experience in the online gambling industry. He started PlayCasinos out of his college dorm room in 2005 as a personal blog, where he shared his favourite slots and ga...
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