It’s the process of paying for goods and services online, such as credit to enjoy real money gambling games, online with the money in your bank account.
All top-rated Kiwi-friendly mobile casinos offer players a wide range of banking options. Up until a few years ago, the most popular way to fund your account was by direct bank transfer. Also known as wire transfers, direct bank transfers can be used by any player with a local bank account and are accepted at just about every casino in the country.
With the arrival of web-wallet and virtual cards, however, direct bank transfers have become less popular as they tend to be time consuming and require a bit of effort. They are still a good option, though, so we’re going to tell you all about them.
Why Use Wire Transfers?
Wire transfers involve moving funds directly from your own bank account into the casino’s bank account. This is all done by your bank, provided you give them all the details of the transaction. There are a number of reasons why a player would want to use a direct bank transfer to fund their online casino account. For first time depositors, it is an easy way to guarantee that the funds will arrive in the casino’s account. Wire transfers are also used for larger deposits where web-wallets and credit cards have a capped limit.
Making a Direct Transfer Casino Payment
Making a direct bank transfer payment requires a little prep work. If you want to transfer funds into your casino account, the first step is to visit the cashier section and tap on the casino deposit tab. Here you will find a list of payment options including wire transfers. When you select wire transfers, a page will be displayed with the online casino’s banking details including their account number and swift code. You will need to print or copy this information to give to your bank.
Once you have the casino’s account information, you need to visit your local bank or contact them on the phone. In most cases, you will need to fill in a wire transfer form detailing how much you want to transfer, your account details and the casino’s banking details. The bank will then start processing the transaction. Depending on the bank itself and the casino, this can take anywhere between three to five working days to process. All you have to do is wait for the funds to appear in your casino account.
Withdrawing your Funds into Your Bank Account
A more convenient way to transfer funds into your casino account is to use internet banking. Instead of contacting your bank to do the transfer, you can simply fill in the details online and do the transaction yourself using the internet banking portal. The bank will then process the transaction within three to five working days. In most cases, wire transfers incur a transfer free that gets deducted from your bank account.
While direct bank transfers are not that popular with deposits anymore, they are still used for withdrawals on a daily basis. Cashing out using direct bank transfers is a lot easier than making a deposit. Firstly, you need to register your banking details with the casino. Then when it comes time to cashout you can simply select wire transfer as a withdrawal option and the online casino will transfer the funds into your bank account. This also incurs a small fee and can take up to five working days to process.
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Are There Any Banking Charges Incurred?
Your bank may charge a nominal fee.
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Safety of Using Direct Bank Transfer
The biggest benefit to using a direct bank transfer as your internet banking casino NZ option is the safety. There are no third parties involved at any point in the proceedings.
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Convenience & Speed of Depositing/Withdrawing
This New Zealand casino banking method is as convenient to do as it is quick to process. You’ll need just a couple of minutes to fill the necessary information out and the depositing process should take as much time to register on your account. The speed of the withdrawal process is similar in terms of execution, but you’ll have to wait between 5 and 7 business days for the money to show up in your account.
Jackpot Village - Our Direct Bank Transfer Casino of Choice
If you’re looking for a state-of-the-art safe and secure online casino that features phenomenal games, generous bonuses and quick direct bank transfers, Jackpot Village is our number one recommendation.
This premium online casino facilitates instant bank transfer deposits, and withdrawals are processed between 48 hours and 7 working days. You can rest assured that the withdrawal process is safe, as Jackpot Village has a stringent verification process that must be completed before any cashouts take place. This means your money is always well looked after.
When you make your first real money direct bank transfer at Jackpot Village you’ll be rewarded with a Welcome Bonus that will give your bankroll a hefty boost. A 200% Match Bonus up to $500 is offered, along with 50 free spins. But the rewards don’t stop there. This online casino features regular promotions that run daily, weekly, monthly, and once off. There are cash drops, prize draws, mega giveaways, Village Fetes, Village Jackpots and all kinds of other enriching offers that give you additional chances to win.
When it comes to games, the selection at Jackpot Village is well worth making a real money deposit for! Over 38 top tier online casino software developers power the games at this site, and there are 100s of pokies, an abundance of variations of Blackjack, Roulette, Baccarat, and other favourite games such as Scratch Cards and Poker. The live casino section is jam-packed with classic and contemporary games including Dragon Tiger, Monopoly, Lightning Roulette, Crazy Time and Sweet Bonanza CandyLand.
All in all, it’s easy to see why Jackpot Village is our recommended casino for New Zealanders. If you want to enjoy the very best gaming experience and deposit and withdraw using direct bank transfer, this is the site for you!
Other safe and easy to use deposit/withdraw methods you can use:
FAQs
What is a direct bank transfer?
Will I still be eligible for bonuses when depositing with direct bank transfer?
Yes, you will. Unless the promotion specifically states that certain payment methods are not accepted, the internet banking casino NZ method by which you deposit or withdraw won’t getting affect your bonus.
Is depositing with direct bank transfer safe?
It’s one of the safest methods out there.
Which mobile casinos accept direct bank transfer?
Many top sites make it possible for their players to use this popular New Zealand casino banking method including Fun Casino, PlayOJO, Slotnite Casino, and Yako Casino.
Do you incur bank fees when depositing using direct bank transfer?
You may have to pay a nominal processing fee when you make use of this internet banking casino NZ option.
Will I get my Welcome Bonus even though I use direct bank transfer?
Yes! Unless the Welcome Bonus outlines in its Terms & Conditions, no matter which internet banking casino NZ option you use, you’ll still be able to benefit from the site’s promotions.
What casino games can I play at online casinos that accept direct bank transfers?
Operators that make it possible for players to use this internet banking casino NZ method will have the full range of games available, especially if you stick to the sites we recommend! That means that you can play Bingo, Keno, live dealer titles, pokies, Scratch Cards, and table games, all provided by industry-leading software providers.