Back in the day, the Wire Transfer casino banking option was among the top options for players. Also known as Bank Transfer, this method is time-proven, and there are plenty of casinos supporting it that deserve your attention.
Yet, not all of them. Our team has examined dozens of Bank Transfer casino sites that accept users from South Africa and has gathered the best ones in the rating introduced below.
We have made deposits and withdrawals to check the transaction times of each site. Our experts also evaluated each portal’s ease of use, game selections, the quality of bonus offers, and customer service. You are free to enjoy top-notch gambling at any of our approved Bank Transfer casino sites.
Things to Remember about Wire Transfer Payment Method
Wire transfers are as old as the hills. This is a basic solution for payments, supported anywhere, as long as you can find a bank nearby. So, South African gamblers can also enjoy this easy and secure method for conducting casino payments.
If a user does not have a bank account, they can still request a wire transfer from their casino or deposit via this option. They should only indicate their personal information to transfer money in their own name. In this case, a bank will process the payment, so you should be careful with your choice of a financial institution.
Although there are myriads of banks in South Africa, not all of them specialize in casino payments. Some may reject the option for clients of this or that gambling platform. So, before paying with Wire Transfer, you should check if it is possible to conduct a transaction with the help of your chosen bank.
If you find the right bank for money transfers, you’ll be able to enjoy one of the most profitable banking solutions supported by online gambling portals these days. Your benefits will include at least the following:
- The ability to transfer massive wins.
- No sharing of your debit/credit card info is involved.
- 100% secure operations.
Imagine you have won a million-dollar prize. Then, no e-wallets or mobile banking options will let you get your winnings safely! Only a Wire Transfer casino will be able to pay your immense prize since the Bank Transfer method works without limits. Alternatively, your bank may impose some restrictions, but do not doubt that the limits will suit the pickiest high-roller and a large-prize winner.
Still, you should be ready for surprises. The thing is that most gambling portals fix specific limits to payouts. Most of them have daily, weekly, and monthly restrictions. However, do not worry. You’ll get your prize no matter how immense it is. The only drawback is that it’ll be paid to you in portions that suit your casino’s withdrawal limits. This is why we recommend choosing platforms with the highest payout limits possible in South Africa.
As for payout speed, Bank Transfers are the slowest methods in the industry. This is a classic case when your payments are slow but sure. You might need to wait 2-5 working days to transfer money to or from your casino site.
Wire Transfer Commissions
Surely, Bank Transfers are conducted with fees. Their size depends on your bank. Our experience has shown that you can come across commissions from 0.5% to 5% in South Africa. You should consult the banks accessible in your area to pick the most beneficial one for sending cash to/from your Wire Transfer casino.
What we have learned from our experience is that receiving money tends to be cheaper than transferring it to someone. So, be ready for a smaller fee on your withdrawals and a larger one for your deposits. Since the method does not involve any third parties, your bank fees are the only commissions you’ll need to pay.
Some casinos impose their own fees for transactions. But we do not recommend such portals and never include them in our ratings.
Global Affordability
Gamblers from everywhere can deposit by Bank Transfer casino payments and withdraw their winnings via them as well. The option is internationally accepted. The only thing necessary for this payment method is a bank.
Technical Support
Since you are going to deal with a bank, your transactions fully depend on its reputation and responsiveness. Most banks value their reputations very much, so you can expect proper service from them. In our practice, banks offer adequate support to their clients. Their online help centers are available 24/7, while you can contact a physical branch of your bank and ask for assistance during working hours.
Many modern banks offer mobile apps with top-notch support options accessible 24 hours a day. Such banks will let you make your transfers online. There, you can check fees and all the other information everyone should know about the Wire Transfer solution.
Wire Transfer for Deposits
You can carry out an online casino Bank Transfer deposit easily and securely. The option is widely accessible. Yet, you should remember the general rules of depositing cash on online platforms.
How to Top up Your Balance via Bank Transfer?
All real money services, including top-ups, are available to registered clients only. So, you’ll need to take the following steps to be able to play your first real sessions on your chosen casino site:
- Pick a trusted Wire Transfer Casino. (Use our rating to save your time).
- Sign up.
- Proceed with ‘Deposits.’
- Assign Wire Transfer/Bank Transfer as your top-up solution.
- Type in the amount you wish to top up.
- Follow the instructions shown in the payment form.
- Double-check your data and confirm the transaction by tapping ‘OK.’
You have completed the operation, but be ready to wait for a day or two before your money will hit your casino account. If you want to start faster, you’d better pick another deposit solution. For instance, an e-wallet or a crypto payment method.
Most gambling sites have certain rules for deposits and fix minimum deposits allowed to real players. You should check this information in the T&Cs of your Bank Transfer casino as well.
Wire Transfers are widely supported for bonuses, so you’ll be able to request a welcome package or a similar promo from your platform and use the banking option to send the necessary amount. Here, you need to be attentive to the bonus terms and conditions. You should transfer enough money to qualify.
If you do everything correctly, you’ll be able to enjoy slots and all your favorite games for real money. You can also play them with a bonus.
Wire Transfer for Withdrawals
Conducting an online casino Wire Transfer withdrawal is as simple as a pie. The whole procedure has no tangible differences from the one you carry out to replenish your casino balance:
- Sign in to your account.
- Open the ‘Withdraw’ section in the payment menu.
- Choose Wire Transfer.
- Indicate the sum to cash out.
- Confirm the payment.
However, our experience shows that withdrawals require special carefulness from users. Before requesting a withdrawal from your portal, you should check several things.
- First of all, your account should be verified. Most casinos suggest verifying accounts themselves, so we recommend going through this process as quickly as possible. A standard verification process takes a couple of minutes, but the team will need to check your documents, and the thing may last up to 72 hours.
- Your next step is to prepare your bonus balance for withdrawals. If you have claimed any promo from your Bank Transfer casino, you must complete its wagering rules. Only after all your bonuses are fulfilled will you be able to take out the winnings gained from the bonus.
- The final check is if your balance contains the planned sum. You should also request a withdrawal that suits the portal’s payout limits. If you have won a gigantic prize, prepare yourself for a series of withdrawals. Although Bank Transfer supports transactions of astronomical sums, your casino might have much more moderate limits to put up with.
How fast will your transaction be? The Bank Transfer solution requires 2-5 business days to complete a transfer. So, this is the slowest method in the industry.
The Pros and Cons of Wire Transfers
Should you register at a Wire Transfer casino? The table below will help you decide:
- A safe and robust banking solution.
- No data about your cards is required.
- No third parties are involved.
- Huge sum transfers are supported.
- Very slow.
So, if you prefer to play at a slow pace and security is your top preference, opt for Wire Transfer casinos from our list.
Key Takeaways
Wire Transfers do not need any presentation. Seasoned players know the benefits of this method very well. The Bank Transfer casino solution remains a popular choice, no matter which modern methods appear in online casinos today. The key reasons include 100% security of the method and the absence of transaction limits.