Best Bank Transfer Casinos Canada

Bank Transfer Explained

Are you looking for a simple method of making deposits and withdrawals but don’t want to set up e-wallets or other accounts? The good news is that you can use bank transfers. Bank transfers enable you to make direct payments from your bank account to the casino’s account. All you need to do is provide your account details, including your account number, sort code, and bank address.

There are several different types of bank transfers, which you should be aware of if you’re looking for an instant bank transfer casino. Let’s look at the different bank transfer methods available at some of Canada’s top betting sites: 

Direct Bank Transfer

This method allows you to make a direct payment from your account straight to the casino’s account. This is one of the most secure ways to make a deposit. However, it can take up to five business days or more to complete the transaction.

Instant Bank Transfer

An instant bank transfer casino uses this service to try and speed up the processing time of bank transfers. Instant bank transfers aim to make funds available within 20 seconds of them being sent. You’ll find this service at an online casino offering instant bank transfers in Canada.

International Bank Transfer

If you’d like to make an international bank transfer, banks use several systems. One system uses the widely available SWIFT network. Other systems include CHAP, BAC, and SEPA. 

Why Use a Bank Transfer Casino

Using a bank transfer at an online casino has various advantages over other payment methods. Many players in Canada want an easy, secure, and fast way of making deposits and withdrawals. 

A bank transfer casino allows players to use a familiar transaction method. Many players are used to entering their account details when making purchases, so making or receiving a bank transfer from a casino is simple to understand.

Using a bank transfer casino, you don’t have to set up any new accounts. You simply use your existing bank details. You don’t even need a debit or credit card. A further advantage of an online bank transfer casino is that it is one of the most secure payment methods. There’s no intermediary, as it’s a direct bank-to-bank transfer. 

So, although the fees may be higher and the transaction may take a little longer to complete, you will be using one of the most secure and highly regulated payment methods. 

How To Make a Withdrawal Using Bank Transfer

Making a withdrawal at a bank transfer online casino is just as simple as making a deposit. 

However, you may need to verify your casino account before you request a withdrawal. You can do this by logging into your casino account and going to the cashier section or your account details area.

If your account needs to be verified, you will see a message on the screen. Follow the instructions in the message to complete the verification process. The casino may request various documents to prove your identity as part of its Know Your Customer (KYC) process.

If you’ve won bonus money at the bank transfer casino, you may need to satisfy the wagering requirements for the bonus. We recommend reading the terms and conditions of any bonus you opt into. That way, you will know about essential conditions, such as wagering requirements.

You should go to the cashier section when you’re ready to withdraw. Most casinos will have a tab that says ‘Withdrawal.’ Click on that tab and select ‘bank transfer.’ 

Please fill out the requested details and the amount you would like to withdraw. There may be minimum and maximum withdrawal limits, so check for them.

The casino may take some time to process your request. The amount of time it takes should be clearly stated on the site. Once the casino has cleared your withdrawal, you only need to sit back and wait for the funds to reach your account.

Safety and Security of Bank Transfers

As noted previously, bank transfers are among the safest and most secure methods for making deposits and withdrawals. This is because this method is a standard part of traditional banking services. 

Banks worldwide have used this method of moving funds between accounts for many years. In that time, they’ve developed high-level security protocols to protect funds during this process.

While banks may be very secure, not all casinos can claim to be the same. So, whenever you sign up for a bank transfer casino or an instant bank transfer casino, we always recommend that you check it holds a valid license. 

We also recommend reading the casino’s terms and conditions to learn its rules regarding deposits and withdrawals. Additionally, we recommend reading the terms and conditions of any bonuses and promotions you participate in. 

Casino Bonuses at Bank Transfer Casinos

Awarding bonuses can be an excellent way for an instant bank transfer casino to reward players for using the casino’s services. There are lots of different types of bonuses that players can opt into.

The first bonus you’ll probably opt into when you join a casino is a welcome bonus. This type of bonus is specifically designed for players in Canada who haven’t signed up for the casino yet. It is often made up of a match deposit bonus and free spins.

Another type of bonus to look out for is a no-deposit bonus. These bonuses are rare, as they offer a reward without requiring a deposit. So, if you see one of them, it’s worth looking closer.

You can also find bonuses that offer free spins, cashback, prize draws and more. If you find a bonus you’d like to sign up for, it’s a good idea to read the terms and conditions. This will tell you if any conditions are placed on the bonus, like time limits.

How To Find the Best Bank Transfer Casinos

The online casino market for bank transfers is very competitive, and Canadian players can choose from hundreds of casinos. If you’ve ever done a quick online search for a bank transfer casino, you may have found knowing which one to pick challenging.

Our team has been reviewing online bank transfer casinos for many years, so we know what to look for. We always look for key elements that help us assess whether a casino is a hit or a miss. Here’s what we check for before making a recommendation: 

Does The Casino Accept Bank Transfer?

This may seem like an obvious point, but it’s easy to forget to check if your preferred payment method is available. Luckily, most casinos in Canada accept bank transfers, but it’s still worth making sure that they are accepted as a deposit and withdrawal method.

Is the Casino Licensed?

A casino must be licensed. This is because it shows that the casino is operating legally and gives you some legal protections in the event of a dispute. Several international licensing bodies are to be awarded licenses. The Malta Gaming Authority (MGA) is one of the most respected bodies, as is the United Kingdom Gambling Commission (UKGC). 

In Canada, the Kahnawake Gaming Commission issues licenses for online gambling. 

Does It Have a Good Selection of Games?

It’s essential that an online casino instant bank transfer has an excellent selection of games. There’s no point in signing up to a casino that only offers a selection of poor-quality games. 

We always recommend spending some time looking at the casino’s games library. Make sure that the casino stocks plenty of the games you like to play and that they’re supplied by respected software providers.