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Bank wires are some of the oldest money transfer methods in the world, being as old as banking itself. Recent years have seen them become less popular as cheaper and faster financial products such as ewallets, debit cards, and third party payment systems have been introduced. Nonetheless, there are a good number of online casinos that accept bank wire as a deposit and cashout method.

The process involved in depositing money into your online casino account via bank wire is very simple. It’s similar to sending a wire transfer to banks. You start by contacting your bank to place the wire transfer, providing them with details of the amount you want to send. You are charged a fee for the transfer, after which the funds are reflected in your casino account.

To cashout, bank wire provides one of the easiest options as this system has been around for a long time and most online casinos support bank wire withdrawals. Also, nearly all casino players have access to it. It’s relatively easy for the gaming site to send cash using bank wires too.

A bank wire is one of the safest methods of funding online poker sites that accept bank wire. You only need to trust your bank and you can be sure every transaction with an online casino is secure. This method is also much faster than using a paper check, as it takes between 8 and 10 business days while paper checks can take as many as 30 days.