Bank Transfers and Wires

Bank and Wire Transfers are probably the safest way for UK players to process an online transaction, because there is no sensitive transaction or personal data transmitted over the internet.

Bank and Wire Transfer Casinos and Bonuses for Aussies

There are several UK friendly online casinos that will allow their players to fund their accounts using some form of electronic transfer of funds from their bank account or money transfer system, such as Western Union or MoneyGram. This form of transaction is agreeable to an online casino because it is a guaranteed form of receiving money with little or no chance of chargebacks.

A Bank Transfer is also commonly referred to as a Wire Transfer or an Electronic Funds Transfer (EFT). The Wire Transfer is a safe means of transferring money in an instant to an online casino. Not only are the funds guaranteed… the identity of the bank account holder is confirmed and verified.

The Electronic Funds Transfer method can be used for both deposits and withdrawals at most UK-Friendly online casino sites. The fees will vary from one casino to another, so check the casino website banking page for their processing fees. Alternatively, you can also contact a customer support agent to inquire on the cost.

Also, processing time for withdrawals of your winnings may take a little longer than other methods, however the safe and secure verification process is definitely worth the extra time it takes.

When To Use Bank and Wire Transfers As An UK

UK players may have difficulties funding their online casino account using a credit or debit card because of stipulations restricting online casino transactions, so this type of transaction is a safe and secure alternative.

Also, you may simply choose to use the Bank Transfer or Wire Transfer method to keep your information from being stored in the casino’s database. This not only keeps your private data completely confidential, it keeps the data from ever becoming compromised… which gives you the added benefit of further peace of mind.

Examples of Bank Transfers include various eWallet Accounts, Western Union, Bank Wire Transfers, and Instant eChecks.

Benefits of Using Bank and Wire Transfers

• No Personal Data Transmitted Online
• No Transaction Data Transmitted Online
• Safe and Secure Verification Process
• Unmatched Security Process
• Sensitive Data Not Stored in the Casino Server Database
• More than 1,900 Online Casinos Worldwide Accept this Method

The downside of this type of transaction, is that it takes up to 3 days for your casino account to be credited with the funds, therefore you will not be able to access the money to play at the casino right away, as you would if you were funding your account by other means, such as with a credit or debit card, or an eWallet account.

How To Sign Up For Bank and Wire Transfers

Generally, all you will need to do is contact the casino customer support to get the information that will be required by your bank, or the money transfer facility you will be using to transfer the funds to your casino account. During this conversation, be sure to add that you will be transferring funds to your account at the casino… which gives the casino an additional preliminary ‘Heads Up’… if you will.

Once you have initiated the transfer at your bank or money transfer facility, send the casino an email to inform them of this. The funds should become available in your casino player’s account within 3 days.

Information Requirements For UK Bank and Wire Transfers

Depending on the type of service used to complete the Bank or Wire Transfer determines the information that will be required. Each service is slightly different in the information they will require, so the first step is to contact your bank to find out what information they will need to initiate the transaction.

Then, you will need to contact the casino customer support to get the information required by your bank. In most cases, this information includes the International Bank Account Number (IBAN) and Bank Identifier Code (BIC).

Then, you will need to go to your bank in person to fill out the required forms that issue your payment instructions to the bank.

Your bank will then proceed by transferring a secure message to the casino bank facility with the payment instructions. The receiver then contacts the casino cashier to inform them the funds are cleared for take-off, at which time the funds become credited to your casino player’s account.

The entire process takes approximately 3 days.

It is worth mentioning that prior to processing your first withdrawal request from the casino, a legitimate online casino will require you to verify your account, and they may ask you to provide proof to verify your identity and verify your address, and a completed and hand-signed faxback form.

Contact the casino customer support desk to find out what to send and your best option to send it to them if you have any questions about what to do.

How To Use Bank and Wire Transfers To Make a Casino Deposit

Once you have registered an account at an UK-Friendly online casino, such as JackpotCity Casino, when you are ready to make your first deposit, proceed to their ‘Banking’ page on the website, or if you have chosen to download the free software, go to the cashier when you open the casino on your desktop computer.

Direct Bank Transfers or Wire Transfers enable UK players to transfer money from a private bank account directly to their JackpotCity casino account.

1. Sign In or Register Account at JackpotCity Casino
2. Visit Casino Cashier
3. Under Bank Transfers, Locate Direct Bank Transfers Deposit Method
4. Follow Instructions
   • Minimum Deposit: 100 AUD
   • Funding Options: Either online or by instruction to your bank.
   • Processing Time: 2 to 5 business days.
   • Location: Direct Bank Transfer payments are accepted from all unrestricted countries.
   • Processing Fee: Yes... contact customer support if you have questions.

How To Use Bank and Wire Transfers To Make a Withdrawal

JackpotCity Casino allows UK players to use Bank Transfers and Wire Transfers to process withdrawals. It is the policy of the casino to process your withdrawals using the same method from which you funded your account… therefore if you wish to receive your winnings via Bank or Wire Transfer, it is your best option to use this method to fund your account initially.

If you wish to make a withdrawal, regardless of the platform that you are using, select the ‘Banking’ menu once you log in to your account. Then choose the Bank Transfer, or Wire Transfer withdrawal option.

The status of your withdrawal request will show it is pending up to 48 hours, which means the processing has been initiated. Withdrawals are not processed on weekends… only Monday through Friday. So if you request a withdrawal on the weekend it will not begin processing until the next business day.

You should note that the casino may withhold your payout of winnings until all the required verification documents are received. Upon receipt of the requested/required documents, the withdrawal will then be processed.

It is always a really good idea to send these required documents immediately following registration of your account, which will prevent delays due to documents not being received by the casino.

Bank and Wire Transfer Costs

There are fees associated to this method for both deposits to and withdrawals from your account at the casino. These fees will vary from one casino to the next. Contact a customer support agent if you should have any questions regarding the processing fees.

Deposit Processing Fees

In most cases, there is a 20 AUD fee for UK players for transactions under 10,000 AUD. However, this varies depending on the chosen deposit method. You will be notified of any fees prior to submitting your deposit to be processed, at which time you have to option to accept or decline the processing fee.

Withdrawal Processing Fees

The processing fee varies, depending on the chosen withdrawal method. Just as in the deposit processing fees information stated above, you will be notified of any withdrawal processing fees prior to submitting your withdrawal request to be processed for payment, at which time you have the option to accept or decline the processing fee.

If you have any questions regarding the processing fees, you should contact a customer support agent through the live chat option… who will be happy to assist you and answer any questions you have.

Is the Bank Transfer and Wire Transfer Method Legal For UK Players?

You should always check whether or not anything you do at an online casino is legal in your jurisdiction, however it is important to note that the UK is lenient when it comes to online gambling.