Best online casinos that accept wire transfers in Canada 2024

Why choose wire transfers at online casinos

A casino wire transfer is one way to make payments to fund your online casino account. As part of the various bank transfer methods, a wire transfer is an electronic transfer of funds from one bank account to another. Not only is it convenient, but you can also enjoy higher transfer limits with the option to deposit and withdraw large payments, so it’s great for high rollers.

Casinos that accept wire transfers for payments make it easy when you have a current bank account already. The Cashier section of the casino will have all the information your bank needs when you select “Wire Transfer” as a deposit option.

You can make the wire transfer request with your bank either in person or online. In a few days, your online casino account will be topped up with funds, leaving you free to start playing a wide variety of thrilling casino games. Remember, your bank may charge a flat fee for arranging a wire transfer, which can range between $15 to $30.

Wire transfers pros & cons

For peace of mind, wire transfers are one of the best options. You’re going to deal only with your bank, so no information is ever exposed to outside parties. While there are fees, an online casino wire transfer in Canada has a flat rate. This makes them ideal for large sums of money being transferred.

Explore more of the most common pros and cons to see if this is a payment method for you:

Which Canadian banks allow online casino wire transfers in 2024

There are a lot of banks in Canada. So, to make it easy for you, we researched the most popular Canadian banks to see their rules and restrictions for wire transfers.

Royal Bank of Canada (RBC)

RBC offers wire transfers, but you’ll have to request one in person. As one of the big five banks of Canada, it’s a full-service bank. However, the fees are high and will vary depending on the account you have.

Canadian Imperial Bank of Commerce (CIBD)

Transfer money to over 120 countries with CIBC. The charge for incoming wire transfers varies. For example, if you’re making a casino wire transfer deposit of $10,000 or less, you’ll pay $30. If your deposit is over $50,000, you’ll pay $80. CIBC charges for most wire transfer transactions but if you have $6,000 or more in savings or investments, it’s free.

Bank of Montreal (BMO)

BMO isn’t the best choice for making wire transfers to online casinos simply because of the costs. Base fees range from $15 to $125, with extra fees on top. There’s a 0.2% fee on the value of the transfer, along with a $10 communication charge. Plus, when it comes to cashing out, you’ll have to pay $16 to receive your winnings.

ScotiaBank

Scotiabank wire transfers are the best option for large transactions. They’re a good option if you’re sending Canadian dollars but there’s a substantial markup if you’re doing a currency conversion. Wire transfers take up to five business days to process and tend to cost more than other money transfer services, but you can send and receive large amounts of money easily.

Toronto-Dominion Bank (TD)

TD Bank offers a viable choice for wire transfers with fairly reasonable fees. Incoming wire transfers cost $15 while outgoing transfers are $50. Domestic incoming wire transfers are waived if you have an account in good standing. Standard timelines for wire transfers are 1-5 business days. Another benefit here is you can do wire transfers through your online bank account.

National Bank of Canada – (primarily for players in Québec and New Brunswick)

To make a wire transfer via the National Bank of Canada, you’ll have to visit your local branch in person. That’s easy enough if you live in provinces like Québec, otherwise, it’s not convenient. Fees vary but can be quite high for wire transfers.

How to choose the right wire transfer casino for you

The deposit and withdrawal process for wire transfers can depend on the Canadian online casino you’re with. Each casino has different requirements. For instance, bonuses can only be claimed if you deposit a minimum amount. Here are our top tips for ensuring you find the best wire transfer casino for you:

• Choose a wire transfer casino that offers match deposit bonuses and free spins for new users.
• Make sure to look for any possible fees the casino will charge for using wire transfers.
• Withdrawal times will vary with a wire transfer, depending on the casino, so check the T&Cs to make sure you know what to expect.
• Choose an online casino that allows you to withdraw large amounts at once via wire transfer.
• Make sure the casino is trustworthy and holds the correct licences with third-party regulations in place to protect your data and funds.
• Choose a casino that offers the option of using wire transfers to deposit and withdrawal.

How to play at online casinos for real money with a wire transfer

It’s important to know how to use wire transfer as a payment option at your chosen casino. Here are a few tips to help you set up an account so that you can start depositing money.

• Security and trustworthiness: To start off with, you want to find a legit casino that accepts wire transfer, and then you’ll be ready to create an account.
• Withdrawal options: Not all casinos will accept wire transfers, so check before making a deposit, so you can withdraw in a way you are comfortable.
• Account creation: Fill in the required information to set up your account. You may also need to verify your email, and we recommend keeping your ID on hand.
• Claiming bonuses: Now that you have set up your account, claim any available bonuses, as these can be time-sensitive, and make sure to check the terms and conditions of them.
• Deposit: To deposit money, go to the cashier section of your account and select the wire transfer option.
• Ready to play: You can now head over to the games library and start having some fun! Maximize your gaming session by managing your bankroll effectively.

Best wire transfer casinos for apps & mobile gambling

A lot of Canadians want to play casino games straight from their mobile device. A top online casino that accepts wire transfers will offer at least one way of playing from your device. Some casino wire transfer sites will have a dedicated casino app so you can play on the go, even when you’re offline. Even if there isn’t a downloadable app, all bank wire transfer casino sites can be played through your mobile browser on all iOS and Android devices.

Whether you download an app or use the mobile casino via your device’s browser, you’ll find they’re optimized to fit a smaller screen and come with all the features you can find on the desktop version. Banking, playing games, exploring the library, and choosing mobile bonuses are all possible from your phone or tablet.