Bank wire transfer review: slow but sturdy option for large amounts
Rank #9 of 9 · Category: Bank transfers · Updated 2026-11-12
A traditional bank wire sends money from your bank to the operator's bank account. It is available to nearly everyone with a bank account, but it is the slowest of the methods listed.
How it works
Copy the operator's bank details from the cashier, send the transfer from your bank and wait for it to arrive, which can take days. Withdrawals return by wire the same way.
Strengths
- Accepted for large amounts
- Available to anyone with a bank account
- Traceable paper trail
Watch-outs
- Slowest method in this ranking
- Bank or intermediary fees can apply
- Easy to make errors in the reference details
Who it suits
Large deposits and withdrawals where speed is not important.
Before you use it
Availability, fees and limits depend on your country and the operator. Confirm them in the cashier, use only licensed operators, and set deposit limits. 18+ only.