Online Bank Transfer offers players an instant and secure method of funding their internet gambling. To help get you started with this increasingly attractive casino payment option, the shortlist below presents the best online casinos for online bank transfer deposits. We’ve included only sites that offer prompt cash-outs, top security, and excellent gambling experience.
Keep reading to find out more about the online bank transfer system: how it works, deposit methods available for online casino games, security, and the full benefits as well as downsides of making online bank transfers.
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Overview of Online Bank Transfer Deposits
An online bank transfer is an incredibly secure and safe option for transferring funds instantly from your bank account to a gambling site. As you may have already gathered from the name, it combines the power of a bank transfer, which is perhaps the oldest and most trusted casino banking method with the convenience of online banking for New Jersey players.
Before you can make an online bank transfer, you must ensure that the Bill Pay feature is enabled by your bank. That will hardly be a problem since most banks support an e-payment platform and enroll their accounts for the “Bill Pay” function. Consequently, online bank transfers are widely available for depositing and withdrawing funds at the vast majority of legitimate gambling sites, especially those licensed in New Jersey, Delaware, and Nevada.
With this no-hassle method, you won’t have to set up or maintain any additional user accounts; deposit/withdrawal transactions are keenly secured and protected by the bank to make sure your funds and financial data are safe. However, the true benefit of using online bank transfers for NJ casino deposits is that you won’t have to share your bank details with the gambling site.
Unfortunately, not all banks support the Online Bill Pay feature, so their account holders won’t be able to deposit via an online bank transfer. Thankfully, the majority of top-tier banks do offer online bank transfers. These include Bank of America, Capital One 360, HSBC Bank USA, PNC, Chase, Wells Fargo, U.S. Bank, New York Community Bank, SunTrust, and Santander Bank, just to list a few.
Making Casino Deposits Using Online Bank Transfer in New Jersey
Using online bank transfers to deposit at a New Jersey online casino may at first seem complicated but it’s fairly simple and easy to do. As usual, you’ll need to first navigate to the Cashier section of the casino site, then opt for “Online Bank Transfer” as your payment method and enter the amount you wish to deposit.
Follow the on-screen prompts, asking you to select your bank name from a drop-down list-type menu, and enter the amount you wish to deposit. Also note the minimum deposit amount, which is often set at $10 by most New Jersey online casinos. To proceed, click continue, the system will take you directly to your online banking portal.
At the portal, log in just as you would when accessing your online bank account — i.e., using your online banking ID and password. You may also have to enter the state/city in which your local branch is located before logging in. When logged in, you can then review the deposit amount before approving and completing the transaction.
As you can see, NJ casinos don’t ask or collect your sensitive banking information. Instead, it directs you to your online banking portal so you can do transactions in private. Remember that the deposit limit is established by the NJ casino. In most cases, you can deposit up to $1,500 within any given 24-hour period, and up to $3,500 weekly.
Which Casinos Accept Online Bank Transfer Deposits
Despite being a player-favorite payment method, online bank transfers are not featured in all US-facing gambling sites. However, the heavy-weights do accept online bank transfers. The best ones include 888 Casino, BetAmerica Casino, Betfair Casino, BetMGM Casino, Borgata Online Casino, Caesars Online Casino, Chumba Casino, Golden Nugget Casino, Mohegan Sun Online Casino, Play SugarHouse Casino, Resorts Casino, Tropicana Casino, and Wild Casino.
Online Bank Transfer Deposit Issues
Although online bank transfers are a secure and safe way to deposit at an online casino directly from your bank account, there is a chance that the transaction will actually fail. Why? There could be numerous reasons why online bank transfers to gambling sites might fail.
The first and foremost reason is that address information in your bank account and the gambling account don’t match. It’s paramount that you ensure that the addresses in both accounts are exactly the same. If your bank hasn’t enabled the Bill Pay feature, that could also explain why your online bank transfer deposit transactions won’t go through.
Some banks may allow account holders to make a deposit of a certain amount only once each day in order to minimize accidental double requests. If you plan to deposit more than once, we recommend that you input a different amount each time. For instance, if you deposited $25 the first time, the next trial should be different, say $23 or $27.
Another probable reason is if you have exceeded the daily or weekly deposit limit. Most gambling sites cap online bank transfer deposits at $1,500 daily and $3,500 weekly.
Security and Safety
Online bank transfers tend to be much safer and more secure than other leading casino payment methods. Banks use impregnable security and encryption measures, making sure your financial data and money are safe and secure. More importantly, online bank transfers allow you to make casino deposits without sharing your bank account details.
Pros of Making Online Bank Transfer Deposits
- Highly secure and safe, because you don’t have to provide the casino with their sensitive financial data, such as your bank account or credit card details.
- Instant access to your funds in your online casino account.
- Players don’t have to set up additional user accounts, which isn’t the case when it comes to e-wallets, VIP Prepaid accounts, and other methods.
- Available in the majority of legitimate US-facing online casinos.
- No processing.
Cons of Making Online Bank Transfer Deposits
- Sometimes online bank transfer deposit transactions fail because of banking restrictions, among other reasons.
- Weekly deposit limit for online bank transfers is typically lower compared to other methods like wire transfer, e-wallets, and credit cards.