<img class="size-full wp-image-1756 alignleft" src="https://gamblefaq.com/wp-content/uploads/2022/08/Unknown-1.png" alt="Bank Wire Transfer deposit casino" width="301" height="167" />Bank Wire Transfers are non-cash bank transfers and are sometimes referred to simply as wire/wires. In fact, this is the usual transfer of virtual money between users, in our case, between the player and the online casino. A Bank Wire Transfer necessarily involves 3 parties, namely the sender of the transfer (both individuals and legal entities), the intermediary (usually a payment system or a bank) and the recipient of the transfer (to whom the money is sent).

Each intermediary has its own conditions for transferring funds and they may vary, depending on various factors. The average processing time for such payments is up to 5 days. Payment systems most often process transactions instantly, while banks need several business days.

An important condition for making such a transfer is that the recipient has a bank or other electronic account. You, as the sender, may not have an account, because when you come to the bank or go to the ATM, you can use cash to transfer.

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