If you do not feel comfortable entering your credit card details online, a direct bank transfer will be your most accessible option. There is a reason why many casinos choose online banking as default. The process is safe, familiar and straight forward. Money is sent directly from your account to the casino’s account, all under the overview of your bank.
The transaction times, not to mention fees you may have to pay, vary and can be off-putting. However, by using bank transfers you will not need to set up an e-Wallet or alternative payment method, nor enter your details with a third-party payment service. The potential fees may in other words be worth it for your peace of mind.
Below you will see our full overview of all new UK licenced casinos that allow you to deposit with, and make direct withdrawals to, your bank account.
Best New Bank Transfer Casinos
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Dream Vegas Casino offers the most generous first deposit bonuses in the UK as well as online slots and casino games from the biggest developers.
Wild Wins offers the latest online slots and casino games from the biggest developers and great promotions! Learn more in our review!
Gem Slots from Progress Play casino offers a decent welcome package and games by leading developers.
As the name indicates it is a British themed casino from Progress Play. It offers a really large selection of games from many different developers and lots of deposit and withdrawal solutions.
Goliath Casino has just been released in the end of February 2018. It uses the casino platform from Aspire Global and offers the latest online slots, live dealer games and scratch cards from the biggest developers.
New Progress Play casino with the standard configuration of design, games offer and payment providers. We found BlueFox to be just an average casino.
A new, entertaining casino with a different look and feeling. It offers most of the biggest game developers and the latest payment methods.
Another Progress Play casino with lots of game developers, payment methods and daily offers. We recommend you to try out the live dealer games.
New Progress Play casino for January 2018 that has a long range of daily promotions and bonuses. It offers casino games from the biggest developers and payment methods from the most of the providers.
Newest Casino Site for the UK in January 2018. This is clearly a high roller place with lots of gamification features that comes with a cool and interactive theme. A must play casino, probably one of the best casinos for 2018.
A new ProgressPlay Casino for December 2017. Offers the standard game providers and payment methods. It has a decent bonus and a generous VIP program.
This is the place if you like special VIP programs that is by invitation only. You will find lots of slot games but a not so great welcome bonus.
A casino site with tempting look with real pictures of models from FashionTV. Besides that it offers lots of online slots and a great real dealer games section. Transfer cash to the casino will not be a problem since it has many payment options to chose from.
A new casino site released in October 2017. Offers, like most of the Progress Play casinos, lots of daily promotions, lots of game developers and many money transfer options.
A cool looking casino with a Vegas feeling. You will be surprised of long range of cool promotions and offers. You will also find all the famous game developers and most of the payment methods
A Fun and entertaining casino with a really cool VIP Program. They have also many promotions and offers that will keep you happy on a daily basis. Tiki Casino Supports lots or payment methods and has games from more than 25 developers. A must play casino.
On of the biggest online casino releases for the year of 2017. Offers enormous deposit bonuses, cool promotions and a great VIP. Lets not forget the quick registration process, large games selection and lots of money transfer options.
An online casino that has lots of daily offers and a great VIP Program. Most of the casino games are supplied by Microgaming, but you will find also slots from NetEnd and many other developers.
A cheeky online casino site that comes with the standard Nektan interface. You will find lots of online slots, promotions and an invite only VIP Loyalty Program.
A live casino specialist that also offers a really large portfolio of online slots. It has games form more than 28 casino game developers
An extraordinary gamification casino with lots of special assignments, mystery cases, missions and raffles. One of the best casinos for 2017 and therefore a place you must visit.
You have to check out this magical island packed with online slots, live casino games and lots of bonuses. Lets not forget the large range on online payment options
Deposits – Withdrawals – Transfer Fees – Transaction Limits
Select bank transfer in your online casino and make a note of the details they provide. You can then either go to your bank, or a bank transfer service like Western Union, or if your bank does online transfers, you can do it that way too. You give your bank the details that any of the established or newest online casinos has provided, hand over the money, and then wait a few days until it is credited to your account. You get instant deposit in most of the cases while the minimum and maximum amounts that you can deposit are defined by the corresponding online casino. Negative point is that this deposit option may charge you fees, the amount of which can go up to £50.
To withdraw with a bank transfer you do more or less the same thing, but you give the internet casino all the information that they gave you. IBAN, SWIFT code, account number, bank address, and home address. The amount of info you need to give them depends on where you are in the world and how paranoid your government is. After a few days, up to 10 business days, the money will arrive in your account. The minimum you are allowed to withdraw is £20 and the maximum is set by the casino. Also bear in mind the potential transfer costs up to £50.
| Company Name: Bank Transfer|
Company Name in the UK: –
E-mail: Bank’s e-mail
Website: Bank’s website
Supervised by: –
Transaction Time: Instant – Up to 10 business days
Min Transaction: Casino’ s minimum on deposit – £20 on withdrawal
Deposit Fee: £0 – 50
| Established: 1872|
Established in the UK: –
Address: Bank’s address
Phone Number: Bank’s phone number
Other Payment Methods: Western Union, Zimpler, Trustly
Security: Proven identity, encryption, bank’s security
Max Transaction: Set by bank
Withdrawal Fee: £0 – 50
How it works
For a bank transfer to work, the banks in question must have a reciprocal arrangement with one another. When you send money, that information is communicated using a code specific to where the money is going. It is then deducted from bank A and sent to bank B. The online casino will then see this money arrive in their bank account. This is a simplified version of events, but it is more or less what happens. It can get complicated when there is no reciprocal arrangement between the banks. The two banks, will then use a third-party bank, and the third-party bank will send the money to the receiving bank. A major drawback of bank transfers is that there is nothing stopping the third-party bank from charging a fee to hold and transfer the money. If the money is passed through several reciprocal banks, the receiver can end up with a lot less than what was send.
– You don’t need to trust an online casino with your credit card information
– Bank Transfers are one of the most secure ways to send money
– No need to sign up to any third-party payment software
– Fees. Bank transfers are expensive, and if your money is rerouted through a third-party bank, they can deduct fees without your say so, and the amount that arrives is less than what you sent
– Long transfer times
Markets and Currencies
The online casino will make it clear what currencies they can accept. It is not the bank transfer holding them back. Most online and mobile casinos just won’t deal with all countries, because it is difficult to get all of the license or maintain a high level of customer support for everyone. A bank transfer can be used in any currency, assuming that the receiving bank can process the currency sent which they almost always can.
Bank transfers are a popular payment method all over the world, and they are used in every market. The European Union, ruled that payments within the Single Euro Payment Area must not cost more than a domestic transfer. This had led to bank transfers becoming very popular in and around Europe. In America bank transfers are very expensive. This is problematic for American casinos. It makes this payment method unjustifiable unless players are requesting large amounts of money. The average cost of a bank transfer in America is $20. Worldwide, the majority of bank transfers are processed by The Society for World Wide Interbank Financial Telecommunications (SWIFT). Swift is linked to more than 9000 financial institutions, and it operates in 209 countries and territories.
Areas of Use
Bank transfers are used all over the world to pay and receive payment for a variety of goods and services. They are not very common for point of sale applications, and you are more likely to find bank transfers when larger sums of money need to be sent. Examples are B2B transactions and sending money overseas to loved ones.