Casino winnings received via bank wire transfer.
At many online casinos, the winnings you have made by playing casino games can be paid by bank transfer.
Because there can be high costs associated with a bank transfer, we advise you to first carefully check in the payment terms what payment of your casino profit via your bank account could cost you. It is certainly not uncommon to count up to $ 35 for a bank transfer.
Especially considering that some online casinos are not located in Belgium or the Netherlands, transferring your casino winnings from abroad can cost a lot of money.
Of course, this is the only relative, but you should still take it into account. If you have won 100 euros and it costs you 30 euros to receive it in your bank account, only about 70 euros will remain. However, if you have won thousands of euros, it is, of course, no problem to have to pay 30 euros to the bank to transfer the money that you have won in the casino.
To be on the safe side, you can also contact the financial department or the customer service of the online casino where you have won so you can avoid any surprises.
Note: WD = Working Days
Counting 58 Casinos in Wire Transfer Payment option
You should also keep in mind that in order to pay out winnings in the casino you must indicate by bank transfer what your IBAN number and SWIFT code of the bank account you wish to use to receive your winnings. These are the international codes that indicate in which country your bank is located and by using both numbers you ensure yourself that your casino winnings are deposited in the correct bank account. Paying out casino winnings is therefore possible in different ways and this partly depends on the online casino where you play and the payment method you use.
A bank transfer is also very easy, because everybody is familiar with internet banking today. It is safe and gives a familiar feeling.
The biggest disadvantage of bank transfer is that it is somewhat impractical because you must first log in to your bank, fill out all the information, verify everything and so it takes some time.
Also, a bank transfer takes a number of days on average, which means that your casino play money will only be visible in your account after a few days.
As a rule, 3 to 5 days will go over and the casino will inform you that the payment has been successful and the amount has been credited.