Money Transfer Casinos

Ever since the dawn of online gambling, money transfer services have been among the most popular payment solutions for players.

This service is perfect for online casino players, regardless of where they are located in the world, as it offers international transfer of money from and to literally any country in the globe, and in local currencies. Since that’s exactly what international players are after, plenty of money transfer services are offered across global online casinos. No matter the site you choose to go with, there will be at least one such service offered. What is money transfer and why choose to use it across online casinos?

About Money Transfer

We all have credit/debit cards that we use on a daily basis for all kinds of payments and purchases. And as soon as we join an online casino, we’re tempted to use a card to fund the casino account and cash out winnings from it. While this sounds like the most convenient way to do it, the fact is, when depositing or withdrawing with a card, you cannot avoid sharing the card details with the operator. That is precisely why many players decide to look for alternative solutions to cards, to keep their sensitive card details to themselves, and that is why many opt for amoney transfer service.

In the past, these services only had a land-based presence. The most popular ones, like Western Union and MoneyGram, were designed specifically with the aim of helping immigrants send money to their families and friends overseas. In the lack of other options at the time, people were using this solution to easily send money to any country across the globe. The purpose of the service remains to this day, but only now, it has reached a wider audience, it has expanded its offering, and it is being used across all kinds of industries, the online gambling industry included.

The service providers like the ones we mentioned, and Ria, for instance, today allow users to send money online, again, from and to any country across the globe. Sure, these services continue having an unrivaled land-based presence, with official outlets in every town, city, and corner of the street, so you can still visit them physically to initiate the transfer, or you can just sit back and relax on your sofa and request a transfer via your desktop or mobile device, over the internet.

Going online, these services expanded their reach even more and became even more favorable options for online casino players looking to make the most seamless transactions to and from any online casino, regardless of where it is based in the world, without having to share any banking details.

On that note, across online casinos, you’ll find money transfer and wire transfer as options, but it is extremely important that you don’t mix the two up. They differ greatly, so stay with us to learn about their differences, and that way, you’ll know why the former is a better option for you than the latter when it comes to making deposits and withdrawals across online casinos.

Money Transfer vs Wire Transfer

Sure, these are both used for making an international transfer of money, but the parties involved in the process with the two differ greatly. The process, of course, is the same; a person needs to send money to someone, and that someone needs to receive it. So, with a money transfer, that person would need to turn to a bank or a different service provider, to successfully send the money.

This is where the two methods come. So, if you're going to send the money via a bank, you'll be using a wire transfer. If you go with a third-party service provider, you’ll be using money transfer. Wire transfers run entirely through banks, via the SWIFT system in Europe and other similar systems in other continents. It is an electronic funds transfer verified by the sending and receiving banks, which make sure to check whether the sender has enough funds to be transferred to the recipient’s bank account, and through the SWIFT system they communicate to credit the funds to the destined account. You need to physically visit the bank to initiate the transfer and pay transfer fees and other related fees for the service.

Money transfer services, on the other hand, are facilitated by a provider, so they do not provide a service linked to banks and the banking system. Instead, they use their own communication systems to ensure a safe passage for the money to reach the final destination. You can initiate a transfer via the service offline or online, on any day and time of the day, paying just a small service fee. With this solution, you never have to share any banking details with the casino, and you'll be paying much lesser fees than with a wire transfer, so if interested in using it, continue reading to figure out how.

Getting Started with It

One of the first decisions you need to make when you decide to go with this solution is to choose the provider to go with. We mentioned great options, Western Union, MoneyGram, and Ria, for instance. You can check their websites to discover more about them, the countries accepted, and the fees involved, and choose the one to go with.

Regardless of the provider you go with, the getting started process would be practically the same. You can either decide to visit its land-based outlet or its website to request a transfer in person or online, respectively. If you go in-person, you can use cash to complete the transfer, and if you with the online option, you can use all kinds of cards, bank transfer, eWallets or other options to pay for the transfer.

Either way, you’d need to share the recipient’s personal details, country, and the way in which they'd like to receive the money, by home delivery, bank deposit, or pickup at the official outlet in their country. Since in our case, you'd be sending money to an online casino operator, you'd need to check with its Customer Support for these details or check whether they are pre-entered upon deposit request. In fact, continue reading and you'll find out the exact steps you need to take when depositing with the solution at an online casino.

How to Deposit with Money Transfer at an Online Casino?

As mentioned previously, any online casino you’re eyeing to join will surely offer at least one service provider for you to use. You can rest assured that you’ll have plenty of sites to explore before you decide on the one to join.

Once you find the one you’d want to go with, make sure you register an account with it. Then, to make a deposit using a money transfer, you’d need to go through the following steps:

1. Visit the casino’s Cashier page and look for the provider you chose to go with.
2. In the pop-up, you’ll either see the casino’s details pre-entered or you’ll be given a link to its Customer Support team to get them and enter them manually.
3. Use the payment method of your preference to complete the transaction and specify how much you wish to deposit.
4. Confirm the transfer and the funds will instantly arrive on your casino account.

How to Make a Withdrawal with It?

Withdrawals with money transfers are far easier than deposits, actually, since you'll be the one providing the exact info for the recipience of the funds, and this time, you won't need to get in touch with a Customer Support agent.

You just need to look for the provider on the Withdrawals page, select it, enter your name, country, preferred currency, and preferred delivery way, and specify how much you wish to cash out. As soon as the casino reviews your withdrawal request, and decides it is in order, it will approve it. The provider will take it from there and ensure you receive your winnings in no time.

Applicable Fees

When we talked about money transfer vs wire transfer, we mentioned that the former charges lesser fees than the latter, and that’s true. Yet, there will still be a fee involved, no matter what.

The fee would be based on basic transfer costs, meaning it would depend on your country, the casino’s country, the amount of funds being transferred and the currencies involved. Nevertheless, if sending the money online, after you type in all the details upon deposits, the fee will be automatically calculated so before you confirm the transfer, you can decide whether it is a fee you can afford or not; if not, you can always cancel the process and choose a different solution to make a deposit with. Don’t worry, though, since the fee with all providers is a symbolic one, an affordable one, so you should have no problems with it.

Accepted & Restricted Countries

There are basically no country restrictions when it comes to using this solution, regardless of the provider you went with, or only a few.

Since it is a solution created with the purpose of helping immigrants send money across the globe to their family and friends, it is basically accepted all over the globe, with maybe some country restrictions; consult your provider to discover if there are any restricted countries, really.

Available Currencies

Considering this is a global solution, all currencies used across the world are options when sending and receiving money with it.

Regardless of whether you wish to use US dollars, UK pounds, euros or South African rands, you can rest assured that they would be an option. Some providers have even introduced a functionality to sell and buy cryptocurrencies, too!

Customer Service & Support Options

The most popular money transfer providers like the ones we mentioned here offer well-trained, professional Customer Support, available via email, Live chat, phone, and even social media.

Not to mention, their agents are also accepting in-person visits at the outlets, so whenever you experience a problem or you simply wish to know more about the process involved in the transfer, you can always get in touch with them or pay them a quick visit, and they’ll be glad to help.