Online Casinos & The Old-Fashioned Bank Transfer
Bank transfer is a widely used payment method that has found its way into almost all industries across the world. It’s one of the oldest online casino transaction methods and still one of the most popular ones. That’s why it’s important to know exactly how online casino bank transfers work and what are the benefits and drawbacks of using this payment method. Continue reading this page to learn everything about casino bank transfers and get to know who are the top UK casinos that accept bank transfers.
The 19 Best Online Casino Bank Transfer Sites:
|Casino||Bonus||Wager Reqs||Rating||Visit Site|
|William Hill Casino Review||
100% Buy-in Bonus
up to £300
|Opt in required • 18+ New customers to Casino page only • Min Buy in £10 • Bonus value 100% of Buy in • Max Bonus £300 • 40x wagering • Max withdrawable £2,000 • Bonus expires after 7 days • Stake contributions, country, currency, game restrictions and terms apply.|
|Ladbrokes Casino Review||Wager £10 & Play With £60||40x bonus||Play|
|18+ New players only • Min bet £10 on qualifying games • 40x wager req’s (bonus only) on selected games • Bonus valid for 30 days • Payment method restrictions apply • T&Cs Apply|
|Bet365 Casino Review||Casino at bet365 - Up to £100 New Player Bonus!||15x deposit + bonus||Play|
|Casino at bet365 - Up to £100 New Player Bonus! New Casino customers only • 18+ | Please Gamble Responsibly | begambleaware.org • Deposit min £10 • Applies to first deposit to Casino only • Max bonus £100 • 15x wagering (game weighting applies) on deposit and bonus to make the bonus balance withdrawable • Time limits and T&Cs apply|
|Casumo Casino Review||
100% bonus up to £300
+ 30 wager free spins
|18+ • No deposit for wager free spins • Opt in required • Min. £10 first dep. for deposit bonus • 30x wagering req's apply for deposit bonus & winnings • Max £5 per spin or £0.50 per bet line • Contribution to wagering req's varies per game • Further bonus terms & conditions apply, please gamble responsibly, www.begambleaware.org|
|Rizk Casino Review||100% up to £100 + 50 free spins||40x Bonus||Play|
|18+ new customers only • Min dep of £10 • 40x bonus wagering req's on slots • Free Spins are available on Book of Dead • Max bonus bet of £5 per spin|
|PlayOJO Casino||80 Free Spins||None||Play|
|18+ New Players • Min dep. £10 • Value of free spin is £0.10 on Book of Dead • No min. withdrawal or wagering req's • Cannot be used in conjunction with any other offer • Bonus T&Cs apply|
30 Free Spins Plus
100 Free Spins OR 100% up to £100 Live Casino OR up to £100 Bonus
|Varies (See T&Cs)||Play|
|18+ New UK & IRL players only • Min deposit £10 • Deposits made with e-wallets are not valid for this promo • Bonus wagering x35/x45 on eligible games • Full T&Cs apply|
|Gate 777 Casino Review||
100% up to £100
+ 25 Bonus Spins
|18+ new players • First dep. only • Min. dep. £20 • Max. bet £5 • 35x wag req's • Free spins on NetEnt games only • Offer may not be combined with other offers • Some eWallets excluded • Full T&Cs Apply • Gamble Responsibly|
|Paddy Power Casino Review||
Deposit £10, Play with £60
AND 20 Free Spins
|18+ New UK & IRL players only • Min deposit £10 • Deposits made with e-wallets are not valid for this promo • Bonus wagering x35 on eligible games • Winnings from bonus capped at 500 • Spins available after bonus is redeemed/lost • 10 per day with no wagering • Full T&Cs apply|
|BetVictor Casino Review||Wager £10 Get £70||
Slots: 35x Bonus
Table Games: 60x Bonus
Live Casino: 60x Bonus
Instant Win: 35x Bonus
|18+ New Customers only • Deposit and wager £10 within 7 days • Up to 60x wagering req's • Bonuses expire 3 days after crediting • Credit/Debit card deposits only • Geographical Restrictions and T&Cs Apply • Please Gamble Responsibly|
|Mansion Casino Review||100% up to £200||40x bonus||Play|
|18+ New customers • £20 min deposit • Max bonus £200 • 40x Bonus Wagering Req's • Game weighting applies • £5 max bet on slots • Further T&C’s apply|
|BetRegal Review||100% Match Bonus up to £50||35x Bonus||Play|
|18+ New Players only from Casino Deal • £10 min dep • Max. bonus: £50 • £4 max bet • 35x bonus wagering req's • Bonus valid for 21 days • Full T&C's Apply|
|Betsafe Casino Review||Up to 200 Wager Free Cash Spins||None||Play|
|18+ UK based customers only • 14 days to claim offer • 3 day expiry for cash spins and used only on Starburst • To claim cash spins, players must stake a deposit of £25, £100 or £200 on selected slots • Spins are £0.10 each spin • No wag req's • Payment method restrictions apply.|
|Bwin Casino Review||None||Play|
|18+ - Game weighting and T&Cs apply|
|PartyCasino Review||50 Free Spins||10x Free Spin Winnings||Play|
|New 18+ UK Players • Min deposit £10 • Spins valid only on Starburst • Spins expire in 7 days • Payment method restrictions apply • 10x wagering req's on free spin winnings • Full T&Cs Apply • Gamble Responsibly|
|Betsson Casino Review||Up to 200 Cash Spins||None||Play|
|18+ UK based customers only. 14 days to claim offer. 3 day expiry for cash spins and used only on Starburst. To claim cash spins, players must stake a deposit of £25, £100 or £200 on selected slots. Spins are £0.10 each spin. No wag req's. Payment method restrictions apply.|
|NetBet Casino Review||100% up to £200 + 10 Free Spins||30x bonus + 50x free spins||Play|
|18+ New UK players only • £10 min dep • Bonus code 'WELCOMENB' • Payment restrictions apply • 30x bonus & 50x free spins wagering req's • 7 day expiry|
|Betfred Casino Review||50 Free Spins||None||Play|
|18+ New Casino customers only • £10 Min dep & stake within 7 days • Min 5 game rounds • Game restrictions apply • Max 50 Free Spins on selected games • Free Spins expire after 7 days • Payment method restrictions apply • Full T&Cs apply|
How Casino Bank Transfers Work
Online casino bank transfers work in a very simple and straightforward way. The entire bank transfer process has stayed pretty much the same over the last few decades. All players are required to do is create an account with the casino and complete a couple of steps in order to transfer money to and from the casino. Now, let’s take a closer look at how the deposit and withdrawal process looks for casino bank transfers.
Depositing at an Online Casino with Bank Transfer
The deposit process of bank transfer takes much longer compared to other payment methods. Despite this, there are many UK casino players that prefer to use bank transfer solutions to deposit money into online casinos. Here is how to deposit at an online casino via bank transfer:
This is the entire deposit process when using bank transfers. Even though it may consist of a few extra steps compared to payment options like e-wallets, it's straightforward and easy to complete. When it comes to the necessary personal and financial information that the player must share in order to make a deposit, it includes basic data requirements and a few additional pieces of information such as the casino’s data and IBAN.
Alternatively, the player can make a deposit using his online banking account
This is a less common, but still very reliable way of making a deposit into an online casino. Except for the fact that the process is being carried out on the bank’s website instead of on the casino’s platform, the deposit process is pretty much the same.
Withdrawing Money with Bank Transfer
Pretty much every top UK bank transfer casino that allows players to deposit using this method also approves bank transfer withdrawals. The withdrawal process is fairly like the deposit one we talked about above and requires all the same steps. When the player requests a withdrawal, he must wait for the casino to process and allow the transaction and then for the bank to do the same before the transaction is completed.
This means that, just like deposits, withdrawal transactions also take at least a couple of days to complete. In some cases, for example, if the player is making a large withdrawal at the online casino, the process can take more than a week.
Are there any fees for Using Bank Transfer Solutions?
Just like transaction limits, bank transfer fees can also vary. Each bank has its own individual transfer fees, whether it’s a fixed money fee or a certain percentage of the transfer sum. The fees depend on the bank, but also on the player's location, as international bank transfers are often higher.
LeoVegas – A top UK Bank Transfer Casino
LeoVegas is a very generous online casino that offers a bonus worth up to £400 + 100 Free Spins to all its new players. It is without a doubt, a top casino for UK players. It ticks all the required boxes to meet all our important criteria. It’s safe, reliable, has a rich game library compatible with mobile devices and offers excellent bonuses and promotions to its members.
LeoVegas is also the perfect example of how a high-quality and very reputable online casino that accepts bank transfers should operate. Moreover, this casino is one of the few online gambling platforms that accept Trustly, an instant bank transfer solution. This means that players can enjoy all the features and advantages bank transfers offer, plus have the benefit of fast transactions.
Bank Transfer Advantages at Online Casinos
Bank transfer solutions offer a lot of advantages to online casino players. Here are some of the biggest ones:
Available for Both Deposits and Withdrawals
This is something most casino players take for granted, even though it’s a useful and convenient advantage. Compared to other payment methods like Boku, Paysafecard and even MasterCard, bank transfer gives casino players a lot of flexibility as they can use this payment method to make both deposits and withdrawals.
High Transaction Limits
Whether depositing or making withdrawals, bank transfer is an excellent option for players who like to play big. Bank transfer options allow some of the highest transaction limits out of all online casino payment methods. Limits depend on the specific terms and conditions of each bank and can go up to £100,000 or more, so there is more than enough room for every casino player.
Simple and Easy to Use
Another major advantage of bank transfers is that they’re extremely easy to use. Since most players are probably already acquainted with the bank transaction process, they will have no problem using this payment option in online casinos. The player can use bank transfers to make deposits. Plus to claim casino bonuses in order to boost his gaming budget even further.
As is the case with every payment method, there are certain potential risks and vulnerabilities. In the case of bank transfer transactions, the risks are minimalised since there are multiple security and safety measures set in place by several participating institutions. This means that there are multi-encryptions and security systems.
Compatible with Mobile Devices
Players can also process bank transfers in full comfort and convenience, straight from their mobile and tablet devices. Many top UK bank transfer casinos have created dedicated mobile apps for their customers, allowing them to make bank transfers through an app and have an even more enjoyable online gaming experience.
Bank Transfer Disadvantages
Even though casino bank transfers are among the most time-tested and reliable ways of paying at online casinos, they do have some drawbacks. One of the biggest ones is certainly the transaction processing time. This is significantly longer compared to other popular casino payment methods like e-wallets and credit cards. In ideal conditions, the withdrawal process can last between 1 and 5 days. At some online casinos it can take up to 7 business days to complete the withdrawal transaction.
Another disadvantage that may turn some players away from using this popular payment method is the transaction fee that comes with it. Given the fact that transaction fees can reach up to £50 or more at some banks, it's recommended to do a bit of research in order to know if bank transfer is a viable solution in every case. Generally, players who use bank transfer solutions, do so because they are withdrawing large amounts of money and don’t mind the larger transaction fees.
The Emergence of Instant Bank Transfers
The best online casinos accepting bank transfer payments have already started implementing instant banking payments on their gambling platforms. These instant banking transactions are carried out within minutes and offer the same levels of security and privacy as regular bank transfer options. Instant bank transfers usually operate through a third-party digital service, which instantly transfers the funds between accounts. This can be seen with providers like Trustly, which is available at top UK online casinos.
These instant banking options are only offered by a handful of online casinos. While instant bank transfer solutions are still in their early phase, the potential is here, and they will surely get more popular in the following years.
Bank Transfer Security and Safety
As we’ve mentioned above, bank transfers are one of the safest payment methods available at online casinos. This is because online bank transfers are, just like online casinos, are protected by at least a 128-bit SSL encryption. Meaning that anyone who wants to get their hands on the players personal and financial information will have to go through a double encryption wall.
When it comes to security, bank transfer solutions beat out all other payment methods, since the transaction is being carried out by the bank itself. Of course, that’s why it’s also important to make sure that the bank which carries out the transaction, has a good reputation. Another thing that will appeal to privacy-enthusiasts is the fact that bank transfer details are never saved. This means that, unlike credit card transaction details which are always saved, bank transfer details are completely inaccessible and can’t be compromised by hackers.
Other Popular Casino Payment Methods
While bank transfers are one of the oldest and most secure online casino payment methods, it’s understandable that some casino players might prefer using a different payment option. Whether it’s because they find that bank transfers take too long, are too expensive for their budget, or for any other reason. Luckily for them, the online gambling industry is rich in high-quality casinos that offer reliable and safe payment alternatives to bank transfers, such as PayPal deposits at online casinos. Here are some of the best ones:
Each of the above-listed payment methods can be found at any reputable UK online casino, and they all have their own benefits and drawbacks. For example, e-wallets like PayPal Neteller and Skrill offer extremely fast transaction times with little to no fees. On the other hand, Visa and MasterCard offer very large transaction limits, with slightly slower transaction times. We encourage players to read our other payment method reviews, so they can make an informed decision on which payment method suits them the best.
Why play at a UK Bank Transfer Casino?
There are many reasons why casino players should consider using bank transfer payment methods for all their casino banking needs. To this day, bank transfers are probably the safest way for players to conduct financial business with online casinos. The list of benefits outweighs the list of drawbacks, making this payment method one of the best in the industry. Of course, in a world where everything is constantly moving fast, the relatively slow bank transfers can fall behind some of the more time-efficient payment options. However, for players who appreciate the trustworthiness, security and ease of use bank transfers offer, this payment method should be the number one banking choice.
Bank Transfer Online Casino FAQs
Making a deposit or withdrawal via bank transfer is one of the most secure ways of processing online casino transactions. Since both the bank and the online casino implement their own security measures, players can rest assured that their sensitive information is kept safe and private. Even if there is a breach in the system, the bank is the one liable and responsible for all the damages, as its on them to guarantee complete user security.
Yes, all bank transfer transaction carry certain fees with them. The amount of the fee can vary from bank to bank and can reach substantial amounts of over £50. This can be a big problem for some online casino players, so it’s important to know the exact fees before making a deposit at an online casino. Bank transfers are usually used by high-rollers who like to deposit large amounts of money and don’t mind the transaction fees that come with that.
Yes, every casino that accepts bank transfers allows players to use it to claim welcome and regular casino bonuses and promotions. We’ve mentioned LeoVegas as the premier UK bank transfer casino, although there are many other very solid bank transfer casinos available.