Bank Transfer Casinos for New Zealanders 2023

FAQ

Can I use a bank transfer to make deposits on mobile?

Yes, you can. You will need to have your banking details handy to proceed but most casinos work hard to offer the same payment options on their mobile version as on their desktop sites. Always keep the quality of your internet connection in mind - it’s not wise to key in your bank details while using an unsecured network in a coffee shop, for instance.

In most cases, yes. When you make a casino deposit, your money must ‘travel’ from your account to the casino’s bank account. This journey can involve crossing an international border and/or a currency conversion, and might also incur a processing fee. It is definitely worth finding out the fees and charges applied by your bank before you use bank transfers to deposit into your casino account.

Bank transfers are usually accepted as both deposit and withdrawal methods at online casinos. Keep in mind that there is a withdrawal timeframe that often lasts several days. This is by no means an instantaneous process.

There is no fixed time period for this payment method but every casino will give its own estimate. The majority of online casinos aim to pay out winnings in 2 to 5 business days from the completion of the verification process. However, there are other brands that take up to ten or 15 days. This information can be found in the casino’s Banking section.

There is some confusion about the differences between a bank transfer and a wire transfer, mainly because a lot of people use these terms interchangeably. A wire transfer is essentially any electronic transfer of money. A bank transfer is in fact a type of wire transfer. However, wire transfers can be carried out without involving banks but rather by using a commercial service such as Western Union or a credit union. We can think of wire transfers as bank transfers without the bank.

There are three main disadvantages of using bank transfers for any kind of transaction. The first is that they tend to take much longer than other methods, up to several days in some cases. There are also fees to contend with. And finally, making a bank transfer involves revealing your account details, which can be considered a security risk.