Best betting sites accepting bank wire deposits 2021
Bank wire betting sites are frequently found right across the globe, although you are more likely to find this payment method if you have regulated wagering in your country. The best betting sites accepting bank wire include some industry giants like bet365, with this bookie payment method taking between 2-10 banking days to reach your betting account. The top bank wire betting sites in 2021 include:
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Best betting sites accepting bank wire 2021
A bank wire is simply ordering your bank, via several different means, to transfer money to a dedicated bank account held by your online bookmaker. The ways you can order your bank to transfer money to the top bank wire betting sites includes via telephone, in-person at the bank or even online.
Some of the top bank wire betting site in certain countries, have even started using a technology called OSKO, which essentially allows you to make bank transfers instantly, although this has not been rolled out in many places and often your first transfer is not instant.
The best bank wire betting sites allow you to wager on both sports and racing events of all scales, meaning you can bet on the Melbourne Cup or a small race meeting from Ireland. Popular sports to wager on globally include the NBA, English Premier League and various cricket leagues, such as the IPL and Test Championships.
The best online bookmakers accepting bank wire deposits are responsive across all devices, which means as long as you have a smartphone or computer with an internet browser you are able make this type of deposit. Bank wire betting sites will also generally have iOS and Android apps that you can download, which are suitable for those with an Apple or Android smartphone.
Step-by-step: Making bank wire deposits at betting sites
Time needed: 5 minutes.
Bank wires are one of the oldest ways to fund online betting sites, with this method one of the original bookie payment types available in the early days. Bank wires are easy to organise and allow you to transfer large sums of money between your bank and bookmaker. In this section we will break the process into several easy steps:
- Find a bookmaker that accepts bank wires
Betting sites accepting bank wire are common but there are several things to consider, including where the bookie is based and where you will be transferring the money to. For instance Australians transferring cash to betting sites will have their money accessible the next day, but Kiwis transferring to a UK betting sites, might be waiting several days.
- Signing up at a bank wire betting site
The sign up process at bank wire betting sites is simple and is just a matter of filling in an online form, with things like your name, address, date of birth, email address all things that will be required. Be sure to give the correct information, because you will have to verify it.
- Making your first bank wire bookie payment
Now visit the cashier or banking section of your online bookmaker and choose bank wire or transfer as your payment method. They will then give you a reference number and bank account number that you can use to deposit money at your bank, via telephone or even online. You will then have to wait for your request to be processed.
Can I claim bonus offers with bank wire betting sites?
Yes, as a general rule bank wire betting sites allow you to claim any sign up bonuses or free bet offers that might be up for grabs. For instance Betway has a great sign up bonus that nets players up to $200 free in matched deposits, which is able to be claimed when depositing with bank wire.
Read our bookie reviews for more information about each companies bank wire promotions and bonus offers, with most sites we promote having some great deals for new and existing players
Bankwire bookmakers deposit fees
The cost of sending bank wires to betting sites has several different facets to it, most notably what bank you are with, with these costs often set your by your institution. Local bank transfers are often free, or have very low fees, while a bank transfer can cost anything up to $50, although some bookies will pay you back for this fee, just to make sure they secure you business.
It always pays to do your homework before making bank wire betting site payments, because the fees could outweigh the positives of wagering with certain countries.
Local bank wires v International bank transfers
Another huge factor in how accessible bank wire betting sites are whether you have got to make a local bank transfer or an international money wire. The difference in these two variants of moving money to bookmakers is the time they take to be processed.
A local bank transfer will generally be completed overnight, or in one banking business day, because you are transferring money between a local bank and another local bank account. But this will largely depend on whether your country has a regulated betting industry, with offshore betting sites often banned from holding bank accounts in specific countries.
An international bank wire simply means you are transferring money from your bank account to a bank account held overseas. These can take anywhere between 2-5 days but often they are the only option to transfer large sums of cash to an international betting site. There could also be more fees associated with transferring money internationally.
While both local bank transfers to bookies and international bank wires are safe methods of funding betting sites, it just pays to understand there might be more fees and waiting times associated with moving money overseas.
Bank wire betting sites verdict
Bank wire betting sites are safe as long as the company you have chosen to bet with are reputable. For instance most betting sites in the UK accept bank wire payments and must abide by the Gambling Commission’s rules, which means you are unlikely to be screwed over. But a bank wire betting site based out of Curacao, has little oversight from the regulator there, and your best bet to find out how safe they are is to read reviews and player feedback. In summary, the top bank wire betting sites are safe to sign up at, but there are bad eggs out there and it pays to be wary.