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BACS – Payments at Online Casinos
BACS casinos only exist in the UK and are subsequently protected by the super strict United Kingdom Gambling Commission (UKGC). Therefore, this is one of the most secure payment methods available to players with UK bank accounts. It’s convenient too and takes relatively little to set up assuming you already have a bank or building society account within the country. Let’s take a look at how you can use this payment system to make deposits and withdrawals…
Our American Players’ Favorite BACS - With Ratings! Updated May 2021
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More information about BACS – Payments at Online Casinos
Assuming you already have a bank account in the UK, then you’re already 90% of the way there. The Bankers’ Automated Clearing System is baked into the system, so it’s simply a matter of finding a British casino that accepts the payment method – you can find this out by reading through GoodLuckMate’s casino reviews or by contacting the site’s customer support.
Head over to the cashier part of the site via one of the Deposit buttons, choose ‘BACS’ or ‘bank transfer’ as your way to pay and enter the amount you wish to deposit. Follow the instructions for entering your BACS details correctly – your bank can give you this information by either calling them or using your internet banking service. Then, it’s simply a matter of waiting up to three working days for the money to transfer – though it could be within 24 hours in some cases.
Any UK casino that accepts BACS should allow you to withdraw your winnings in the same way. In the cashier area of the site, choose the same payment method, the amount that you wish to receive and follow the instructions for whatever other information is required. Waiting times are slightly increased because the casino will do it’s own verification checks before releasing the money – this will add up to 48 hours on top, so you’ll have your money within five working days.
One advantage of playing at a UK casino is that you will have to complete your KYC (Know Your Customer) checks before being allowed to play. So, if you’re at the stage of withdrawing your winnings, then you will have already sent over your documents and been approved – this is not the case in other countries where you are required to do these checks at the point of withdrawal. As long as you use the same payment method for both deposit and withdrawal, no verification of payment methods should be needed either.
Generally speaking, because this system works directly between two UK banks without any need for third-party processors, you won’t be charged any fees for using it. However, it is entirely down to the casino if they want to add their own charges for processing your deposits and/or withdrawals. To check in advance if these fees apply at your chosen site, read through its Payments page or else get in touch with a member of the customer support team.
As for limits, this is, again, down to the site in question. Typical minimum deposit amounts will be around £10, while maximums will be in the region of a few thousand – although additional checks may apply if you’re depositing huge sums in one go. Check the Payments page for info on how much you can withdraw at any one time.
Claiming a welcome bonus by depositing via BACS shouldn’t be a problem if your casino accepts the payment method, though be prepared to use the debit card connected to your bank account instead, as the casino may want to get you playing instantly. And don’t forget to enter any bonus codes if applicable – we don’t want you to be disappointed!