Esports Bookmakers Accepting Money Transfer

The payment method is widespread, and many players enjoy using it. Banks protect these transactions to ensure that users' data and money are safe. Wire transfers are popular for all types of payments because they don't require special accounts or the usage of specialized equipment or payment devices. This is one of the most popular and easiest ways to pay for gambling, especially eSports betting.

SWIFT handles the majority of international money transfer payments. The cooperative society was created in 1974 by seven international banks operating a global network. This makes money transfer one of the oldest payment methods.

Payment options provided

Electronic funds transfers, an umbrella term encompassing bank card-based payments, are the most common type of money transfer. Wire transfer, which is an international expedited bank-to-bank payments transfer, could also be used. Giro offers a direct deposit, while another option allows gamers to send money via postal check or money order. People who manage their money at eSports betting can use bank transfers, which are a reasonably safe method.

Bank transfers are accepted as a deposit method for online betting account transactions in most countries that allow it. Thanks to an extensive network of banks, it is widespread in European countries and the United States.

It is not difficult to withdraw money from an eSports betting account. All a player has to do is make sure they are following all of the gambling site's rules. These may include the minimum amount required to keep the betting account active and the maximum amount.

Players need to log into their bookmaker's account and select "withdrawal" from the cashier portion of the betting account. Then, one should choose wire transfer as the mode of withdrawal and enter the amount to withdraw. There may be a prompt for the player to select the specific bank into which they wish to withdraw their winnings. Click the Withdraw button after confirming the amount. The betting account notifies the customer after processing the transaction, and one has to wait for some days to get the money in the bank account.

Withdrawal limitations are not common with money transfers. Players can take their winnings out at any moment, even on their phones. However, depending on the amount involved, processing times may vary. Withdrawals could take anywhere between three and seven days. If the betting account has problems verifying the player's account or determining their ability to withdraw, it could take up to a week or even two weeks.

Because wire transfers are made directly between banks and bank accounts, they are safeguarded by the security systems. Banks use some of the most advanced and stringent encryptions to ensure that their money and that of their clients stays safe.

How to set up an account

To open an account, the player must go to the bank with their identity document. It can usually be done in a matter of minutes, and the player can use it at online betting platforms. The gambler must then link their bank account to the online betting account of their choice after registering. The procedure is usually quick and can be completed on a computer or on a mobile phone.

Using the payment option without a bank account is not possible. Users must be of legal age to obtain the necessary identity documents needed by the bank. Having a money transfer account comes with a few drawbacks. Most banks demand users to be active for a specific amount of time. Players' accounts may be deleted if they remain inactive for an extended period of time. To get their money back, they'll have to go to the bank or call customer service.