Author:
Matt
Last Updated:
26/11/2024
Experiences:
LV native and table games whizz
Experiences:
LV native and table games whizz
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Our experts have undertaken extensive research about online casinos accepting bank account payments and found out that many punters still prefer making casino deposits with their routing and account numbers, as their preferred online payment method for players in the online gambling industry.
While, clearly, not the most popular, many online casinos accept bank account or bank deposits. In this article, we’ll take a look at bank account deposits and withdrawals, their history and why they remain popular to this day.
BetMGM accepts bank account deposits via bank transfer and/or credit/debit card payments and withdrawals via ACH e-check. BetMGM is perhaps the biggest betting brand in the US and is fronted by Jamie Foxx. As well as a sophisticated online casino, BetMGM also offers access to an excellent sports betting platform with competitive odds.
PartyCasino allows players to fund their accounts using online banking and more. You can claim their excellent welcome offer when depositing with this online casino. On top of that, PartyCasino is one of the few dedicated online casino-only platforms in the US – making it one of the best around.
FanDuel is another popular online casino that allows you to use bank transfers to deposit into your account. While credit card payments are instantaneous, you should be aware that other online payments may take up to 48 hours before they appear on your account.
Bank accounts used to be the preferred option for payment in online casinos. It is a widely accepted means of receiving and sending money online. It is the most secure method of managing your funds in online casinos. The process is pretty simple – the online casino provides bank account details so you can deposit money using your bank account.
Bank account deposits are one of the most used online casino payment methods. PayPal may have the lion’s share in e-commerce, but traditional bank transfer methods are the most tried, tested, and trusted in online gambling. There was a time when online gambling enthusiasts could only play in online casinos accepting bank account and debit card payments. Nowadays, there are plenty of other ways to fund your online banking account – still, bank account payments remain the most popular if you wish to make a casino deposit with your routing and account number.
So let’s recap the step-by-step guide on how to make a payment using your bank account:
One advantage of using bank accounts as your payment method is that the deposit and payout process is protected with utmost security.
It may not be the fastest option since deposits and withdrawals made to online casinos using a bank account are a bit slow. It is especially true for withdrawals, where it usually takes several days to get your winnings, but what they lack in speed, they make up for in terms of security. You can rest assured that the money will arrive in your bank account no matter what.
Some casinos process payments of winnings slowly, as they usually double-check and verify your identity before they release any money to you. Nonetheless, despite the casino’s unrushed withdrawal process, you can be assured that your winnings will arrive in your bank account within a few days. With the massive number of sites that accept bank accounts, it is on par with industry leader Neteller online casinos and Google Pay online casinos.
Like other payment methods, online casinos with bank account payments need to protect their business, so there is a need for all players to undergo a verification process. Necessary documents vary depending on the online casino’s terms and conditions, so if you wish to make a casino deposit with your routing and account number, please read on.
All you need is your ID card or driver’s license, passport, and recent proof of address issued in the last three months. Once you have the following requirements, you can follow these simple steps.
Once all your requirements are submitted, the online casino will verify your account in minutes. Easy, right?
If you have any reservations about providing your financial information to online casinos, you should read the online casino rules before registering. Is it safe to provide your passport and other vital information to licensed online casinos? The answer is yes. It is safe and secure.
Licensed online casinos have secure servers where they store the vital information of their players. Of course, fly-by-night online casinos are not to be trusted. Players must choose online casinos wisely.
Bank account transfer payments are the oldest and most trusted online payment methods, much like making a casino deposit with your routing and account number. Going back to the early days of online gambling and sweepstake casinos, there weren’t many options to choose from regarding payment methods for online casinos. Most use direct bank account deposits, and some casinos accept checks. VIP preferred online casinos often use bank accounts as their method of choice, and some use alternative solutions, like Venmo deposit options. The well-known and reputable online casinos will accept bank account deposits as payment options.
It’s safe to say that many players now think that bank account deposits and cheques are outdated and a thing of the past. E-wallets, like PayPal and Skrill, are the hottest payment methods in online casinos. The primary reason for the decline in the popularity of bank accounts is that it is probably the most time-consuming method for deposits and withdrawals.
Bank Transfer may be the most secure payment method in online casinos today. But if you’re still wary of disclosing your bank information on the internet, let us discuss the pros and cons of the bank transfer service compared to other payment method providers.
Bank Transfer | Other Methods |
---|---|
With a bank account payment, you don’t have to worry about the security of your bank details with the online casino because it is one of the safest payment methods you can use. | Several US banks do not allow payments to online casinos. |
Bank accounts have cheaper and more competitive deposit fees compared to other payment providers. | Some players are wary of giving out their bank account information in online casinos. |
Bank transfer is widely accepted in over 200 countries and carries over 40 currencies. | Deposits and withdrawals may be slower than most providers available. Compared to credit cards, where it can take up to several days to get your winnings, you can get your money from bank account transfers in 3-5 days max. |
No need to open special accounts. | Mastercard and Visa remain the most popular payment option for online casinos today. Multiple online casinos accept bank accounts, but it is becoming an outdated payment method for most casinos. |
You may be wondering what payment method is best for you. The quick answer is bank accounts. While credit and debit cards may be the most popular, many users and online casinos are impressed with the security and legitimacy of bank account deposits. Regulated by the banks, wire transfer is a safe and secure way to finance your online gambling anywhere globally and in places where gambling sites are legal.
If you’re asking which payment we recommend? Of course, we recommend paying casino sites with bank account payment options because it is the safest and most secure.
We highly recommend using your bank account as a primary payment method since you can manage your bets and receive winnings straight into your bank account. Online betting payments are discrete and fast.
The upsides of bank account payments are endless, and the downsides are minimal. Yes, online casinos accepting bank accounts may be the oldest method around, but who cares? It is the safest method; that is all we need to hear.
When it comes to safety, using your bank account adds another layer of protection to your financial information by using two to three-factor authentication set by the bank. Furthermore, payments made through bank accounts use military-grade encryption methods and the highest industry standards for total protection.
Bank accounts are widely accepted at most reputable casino sites, much like Apple Pay deposits, so you’ll never have to look for casino sites that accept them.
For more casino news and advice, don’t forget to stay tuned to our latest post, including our latest prepaid card online casino or checks online casino guide. If you’re looking for an alternative to an online casino deposit with a bank account, it might just be what you’re searching for.