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Wire transfers or bank transfers are considered an easy way to get money from the player's bank account to an online gambling account. All types of direct transfers exist in the market, depending on the bank and services provided, and the majority are extremely convenient to the user.
Wire Transfers are Safe and Reliable
Wire transfers are an extremely safe way of moving funds from one account to another and, while it may come with extra costs, many player feel that paying extra is worth it for the speed of transfer and the reliability of the procedure. Using a bank transfer is also an excellent way of keeping on top of one's bankroll and managing the money more effectively. Players are not able to spend more money than is available in the account and are thus able to control their spending at online gambling sites.
Using a wire transfer means that users don't have to open an account with a third party intermediary and because the transfer of funds is from a registered bank, it is considered one of the safest payment methods in the market. Some online casinos will give players extra rewards for paying through a bank transfer and this is the preferred method of payment for high rollers.
E-Checks as a New Bank Transfer Type
A popular way to pay for online gambling among Canadian players is a relatively new type of bank transfer in the form of an electronic check (e-check) system. The e-check is essentially an electronic replica of a regular check that is filled in online and sent to the casino. This type of method transfers funds between the player's bank account and the online casino but works much faster than regular wire transfers/bank transfers.
Using an e-check also allows players to collect their winnings in a fast and convenient way. Payouts are automatically made back into the customer's checking account and the money is thus instantly available.
Popular Wire Transfer / Bank Transfer Casinos
