Bank Transfers and Cash Deposits are two banking methods that are very similar. South African online casinos use Bank Transfers as an easy way to put some moolah into your casino account. This method of banking is secured by the lack of a third party. You can conduct an internet bank transfer from the casino into your bank account to collect your big wins or from your bank account into your selected South African online casino account in the form of a deposit. Some online casino accounts may not be compatible with certain banks so be sure to check out your bank’s compatibility with your online casino.
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Large amounts of money can be transferred form a South African online casino to your bank account and vice versa, making bank transfers a brilliant option for high rollers and big winners. Sometimes, online casinos offer greater incentives and casino bonuses to players who use bank transfers as a payment option. On top of that, bank transfers are one of the safest methods you can use at a casino online.
Yes – when using bank transfers as a payment options, you will have to pay some fees which are dependent on where you live. Please note that fees associated with outgoing transfers tend to be larger than those associated with incoming cash.
Accessibility is not an issue where major banks are concerned as all major casinos have to accommodate this method. Bank transfers are also boundless, giving you access to a global casino gaming spectrum.
Bank Transfer time takes a little longer than e-wallets. This is something that online casino players tend to have complaints about but it is one of the safest methods. Provided that all the information given is accurate, a bank transfer would typically take place in 3 to 5 days.
Bank transfers are as safe as banks themselves. Because of its global popularity and reach, big spenders from around the world will find bank transfers to be suited to their needs because of the large sums of funds which they are able to transfer safely via this method and the low transfer fees.