Wire Transfers slow to get money into online casinos!
Rating:  by: sandychezeno, on October 29, 2009
Pros: Good option for withdrawals and it's also good for transfering large sums!
Cons: Slow method of depositing funds into your casino account.
I'm not the most savvy online gambler out there but I would imagine that the use of Wire Transfer to make deposits at online casinos would not be the best option. In light of the fact that Wire Transfer are by no means a method of transferring funds where you can get money into the casino so you can play in less then at minimum a few days that it takes for banks to facilitate wire transfers.
I suppose though that there are some patient gamblers out there and those who don't mind wiring large sums of money to online casinos as if they were wiring the funds to the cage of a land based casino! But there's still that wait time. Other methods like credit card and e wallet banking options that are out there and available even to US players like myself are by far quicker and more efficient methods of transferring funds to online casinos.
Now I would have to argue another side which would be that utilizing Wire Transfers as a means to withdrawal funds from online casinos is a much better option then to rely on withdrawals via check if this is the traditional method which most players use. I pick Wire Transfer withdrawals over and above all else for the simple fact that when the funds hit your bank account those funds are guaranteed. By that what I mean is that when you receive a check from online casinos there's still a chance that that check could be rejected by the bank or alternatively that the check could bounce. So in favor of ensuring that I get my funds every time I opt for this solution when taking funds out from my online casino account.
Just as a side note something I've discovered is that some online casinos even though they don't publish that they accept wire transfer as a form of deposits and withdrawals do in fact offer it and that you simply need to ask them about it and they'll typically fill you in on all the details that you need to know!
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I agree that wire transfers are slow for deposits and more ideal then several of the other options and especially checks when it comes to taking money out from the online casinos that we all play at!