In this guide we will address the topic of bank transfer betting sites. This traditional payment method is present in the payment options of almost all UKGC bookmakers. It is one of the most accepted and secure deposit and withdrawal systems. We will discover all the pros and cons of this payment method.
You will find numerous other useful information in addition to the best bank transfer non GamStop betting sites. For example, if you can use it to get the welcome bonus. Below, the steps necessary to make a deposit. Plus, a detailed analysis of deposit and withdrawal limits, timing and fees. We will then examine all the aspects relating to the security measures that this payment method offers. Ready with the IBAN, let’s go!
Basic Information on the Best Non GamStop Bank Transfer Betting sites
We decided to start this guide by talking to you about three very important parameters when it comes to payment methods, namely the deposit and withdrawal limits, their timing and any bank transfer bookmaker commissions. While it is true that many betting sites present this option in their range of solutions, not all do it in the same way: the values change significantly from operator to operator.
Compatibility Between Bank Transfer & Welcome Bonus
When talking about bonus betting sites, an important aspect to take into consideration is the compatibility between the welcome offer and the payment method. In fact, not everyone knows, even among the most experienced bettors, that if you make your first deposit with some methods you may risk not receiving the welcome bonus. For this reason we always recommend that you carefully read the terms and conditions of each offer you sign up for, so as not to run into unpleasant surprises.
However, let’s clear the field of doubts: precisely because of its great transparency, one of the reasons why it is accepted by practically all betting sites, the bank transfer is among the payment methods most compatible with bonuses, certainly more than an efficient and -wallet like Skrill. An aspect that certainly cannot be underestimated and indeed must be held in great consideration by many betting enthusiasts.
Bank Transfer Betting: Advantages & Disadvantages
Some positive aspects of bank transfer betting sites have already been mentioned in the previous paragraphs. For example, the fact that the bank transfer is accepted by all UKGC bookmakers for the payment of bets. Furthermore, as we have already said, this deposit system allows you to obtain all the welcome bonuses, thanks to the transparency it guarantees because it is managed by recognized banking institutions.
Other payment systems, such as e-wallets or prepaid cards guarantee anonymity, but can end up in the crosshairs of anti-money laundering laws. This is the reason for the high deposit and withdrawal limits granted to bank transfer transactions, which often exceed €100,000. Finally, with this payment system no commissions tend to be imposed.
Like all payment systems for online gaming, bank transfer also has its flaws (perfection is not of this world). In fact, not all bettors like to pay online with this method due to some undeniable disadvantages that it entails.