0
$ £
usbarbadosslim93
Forum Angel
barbadosslim93's picture
Location: Michigan
Joined: 28 Jan 2011
Posts: 7779
Thanks given: 535
Thanks received: 498
15 December 2011 - 3:19am

U.S. Players: What Banking Option Do You Use?

6 replies • Last post

Hey CL members! I have a question that is primarily for U.S. users, but am interested in opinions from around the globe.

I am thinking of opening a bank account strictly for my online gambling. I have had some issues depositing via my credit cards at some online casinos (ahem, High Noon) and want to be able to process a wire transfer both for deposit and withdrawal, but am unsure as to how the experience is with this. I currently deposit via credit card and withdraw through check...

My question is: Do anyone of you deposit via wire transfers to online casinos? Withdraw? What is the speed like and overall how is the experience?

Thanks guys!

auCL-Ed
StaffStaff
CL-Ed's picture
Location: Sydney
Joined: 7 Sep 2007
Posts: 6124
Thanks given: 2477
Thanks received: 1773
15 December 2011 - 5:37am
#1

As you know I am not American but I think you're fighting against the tide on that one. Most of the American banks are going to stop gambling transactions if they know that is what is going on due to the UIGEA law.

Time for a trip to Switzerland perhaps? Wink

Always play it safe! Consult our list of rogue casinos and warnings before depositing.
Every comment you make in our forum earns you CLchips which can be used to buy real prizes in our CLchips shop!

ushope777
Forum Angel
hope777's picture
Location: Minnesota USA
Joined: 1 Jan 2011
Posts: 12171
Thanks given: 955
Thanks received: 717
17 December 2011 - 8:20pm
#2

I deposit with my check card, and the only withdrawal I have ever requested went right into my back account with no problems. I might try a check withdrawal, next time, which I hope is SOON! Smile

Hope777

Hope is a good thing, maybe the best of the things, and no good thing ever dies.
Shawshank Redemption

ustaaadaaahhh
GamblerGambler
Joined: 13 May 2010
Posts: 96
Thanks given: 5
Thanks received: 4
18 December 2011 - 1:04am
#3

I also deposit by visa credit card and withdrawal by check.
If you like to deposit by wire transfer, the mimimum deposit requirement by this method is usually high and it might take several days in the process. Withdrawal by wire transfer takes a longer time to hit your bank acct compared to the check withdrawal and your bank might charge a small fee. So, wire transfer is not my withdrawal method of choice.

usLuckyMe
Forum Angel
LuckyMe's picture
Location: Ohio, USA
Joined: 10 Dec 2011
Posts: 7400
Thanks given: 163
Thanks received: 222
2 January 2012 - 7:33pm
#4
hope777 wrote:

I deposit with my check card, and the only withdrawal I have ever requested went right into my back account with no problems. I might try a check withdrawal, next time, which I hope is SOON! Smile

Hope, Are you talking about a bank debit card? I would be so afraid they would take out more than I authorized.

ushope777
Forum Angel
hope777's picture
Location: Minnesota USA
Joined: 1 Jan 2011
Posts: 12171
Thanks given: 955
Thanks received: 717
2 January 2012 - 11:25pm
#5
LuckyMe wrote:

Hope, Are you talking about a bank debit card? I would be so afraid they would take out more than I authorized.

Nope. I have done this several times, and they do add a very small fee, but it is under like three bucks, I believe. They never take out more, but I always read the reviews before depositing. I use my regular Visa Check card and I withdrew straight to my bank account the ONE time I won enough to withdraw and I had no problems. Just read the reviews first, and you should be fine. Smile

Hope777

Hope is a good thing, maybe the best of the things, and no good thing ever dies.
Shawshank Redemption

ushope777
Forum Angel
hope777's picture
Location: Minnesota USA
Joined: 1 Jan 2011
Posts: 12171
Thanks given: 955
Thanks received: 717
2 January 2012 - 11:27pm
#6

Oh, and one time I did have a business take out more than they were supposed to. It was a mix up with the biz (NOT casino related). I called the bank, and they added the funds back IMMEDIATELY while they investigated, so I never felt like I lost anything. After the investigation was over, they agreed that the business was in the wrong, but the point I am trying to make is they credited those funds immediately, so I didn't have to wait while they conducted the investigation, which was nice. So, if anything like that ever happened (which it should not if you read the casino reviews FIRST) you would have some recourse.

Hope777

Hope is a good thing, maybe the best of the things, and no good thing ever dies.
Shawshank Redemption

Share this