Leading gambling sites in Canada offer different modes of payment to help Canadian players fund their gambling activities from home. Wire transfer is one of the banking methods you can use to make a deposit to your casino account or request a withdrawal.
Here, you will learn more about online casino wire transfer in Canada and games that you are likely to find in these gambling sites. Have you wondered how high rollers manage to deposit their massive bankrolls in casino sites? Read on to find out more.
TOP Wire Transfer Online Casinos List
Before we explore the features of a Wire Transfer online casino in Canada, below is a list of top gambling platforms that accept payment through Wire Transfer. Our selection consists of sites that offer a vast collection of games and very generous bonuses.
Wire Transfer Online Casino Payment
These electronic fund transfers take place between two banks or credit unions through a network or system managed by hundreds or thousands of financial institutions and service agencies in a country or around the globe.
These networks or systems include:
- Large Value Transfer System (LVTS)
- Society for Worldwide Interbank Financial Telecommunications (SWIFT)
- Clearing House Interbank Payments System (CHIPS)
- Federal Reserve Wire Network (Fedwire)
A Wire transfer online casino payment is merely giving your bank instructions to move funds directly from your checking account to your casino account.
Casino Wire Transfer Deposit
Depositing your wire transfer casino account requires that you complete all bank security checks. But first, you will have to contact customer support and inform them of your intention to make a deposit. If the casino agrees to receive your funds, then they will provide you with their bank details, which you will need to wire transfer to casino.
Normally, bank account holders can request to move funds by phone, message, or in-person through visiting their offices. Banks that allow members to complete the casino wire transfer process online may not provide a form; you will only have to submit the recipient’s bank account, routing number, and specify the date you wish to move your funds. Canadians bank list includes:
- BMO (Bank Of Montreal)
- CIBC (Canadian Imperial Bank of Commerce)
- RBC (Royal Bank of Canada)
- TD (Toronto Dominion Bank)
If you desire to make an online casino wire transfer right from the bank office, then you should prepare to you to fill in a form that may require additional information about the recipient.
Online Casino Wire Transfer Withdrawal
A wire transfer from casino requires that you provide your bank account in a withdrawal request. According to the terms and conditions of various online betting sites, withdrawal requests are only processed after the player meets the wagering requirements.
First, you will have to log into your instant wire transfer casino account and go to the cashier section and select the bank wire withdrawal option. You will be directed to a page in which you will have to provide your bank address and routing number. The last step is to enter the amount you wish to withdraw and complete the transaction.
Most Canadian gamblers prefer using the casino wire transfer option when they manage to generate huge winning from their gambling adventures.
Casino Wire Transfer Time
Moving your funds between banks that are in the same country can take several hours to a day. On the other hand, international wires can be completed in at most two to three days. It all depends on how early you submit your request. Also, it might take an extra day for your funds to appear in your online account balance.
Once the transaction is verified and your username confirmed, your bank account will be debited in less than an hour. Withdrawals through wire transfers take 5-7 days to reflect on your bank account.
Casino Online Wire Transfer Minimum Deposit
Deposit limits will defer depending on the game provider and bank terms and conditions, but they are usually higher than the average minimum deposits. Deposits above $5000 will require that you alert your bank before making the transfer.
Wire Transfer Casinos Games
Most people that play casino with wire-transfer are high-rollers. Besides lottery and sports betting, Canada gamblers also like to play casino games such as slots, blackjack, roulette, baccarat, or even video poker.
Gambling platforms that accept Wire transfer let you play all your favourite real money casino games from top software developers in the gaming industry.
Wire Transfer Slots
In this section of the game library, you get to play slots that offer high payouts and great odds such as starburst, monopoly, Cleopatra, and Gonzo’s Quest.
Wire Transfer Video Poker
Gambling sites that accept this type of payment have something for everyone, visiting poker players get to sample some of the new and popular games in the market.
Wire Transfer Table Games
Players who love playing table games are in for ultimate fun with the availability of numerous variations of blackjacks, baccarat, roulette, and craps.
Wire Transfer Live Dealer
Players who wish to have a real casino experience can play in the Live dealer lobbies, which feature the Live table games and poker.
Wire Transfer Casino Bonuses
Just like any other betting site, new players should expect welcome bonuses that range between $88 and $6750. In Some casinos, enthusiast gamblers who register new accounts will get free spins in place of sign-up credit bonuses.
Loyal players are not left behind because for every deposit they make the wire-transfer casino rewards them with 50% to 100% back in site credits. Some online casinos in Canada provide exclusive bonuses every time a gambler makes a deposit using online casino wire transfer.
Pros and Cons of Bank Wire Transfer Casino
- Access to a bank account for deposit and withdrawal
- Quick money transfer solution
- Easy to start, pay and play
- Suitable for one-time and large bankrolls
- no hold placed on money received
- no middlemen involved
- safe, secure and convenient payment method
- The service is 24/7 and can be accessed via a phone call or message
- One time and irreversible transactions
- Not cost-effective for small payments
It is safe to play in a legitimate Wire Transfer online casino in Canada. It is difficult to bank anonymously in Canada unless you are sending money to a scam website.
Banks use private networks with controlled access and encrypted messages making a wire transfer relatively safe and secure. Since there are no third parties involved, you are guaranteed that there is no sharing of personal details.
However, you are responsible for unauthorized transfers. It is best if you also verify where the money is being wired.
Wire transfers will cost the sender a lower transaction fee that ranges from $5 to $80 depending on the cash amount and casino or bank terms and conditions. Receiving money through this method may require you to pay at most $18. Foreign wires can cost you more than $30. Make the transaction using your credit card attracts cash advance fees.
Online casinos that accept wire transfers are known to deal with high rollers who deserve high quality and fair play games. For this reason, you should expect games from renown Software developers