How to Deposit at Legal Online Poker Sites via Wire Transfer
In these days of complex payment systems like eWallets and Cryptocurrencies, a bank wire can feel old-fashioned! This is still a very useful way of getting money onto online poker sites. This can be used to move larger sums around securely. Wires can also be facilitated by 3rd parties like MoneyGram and Western Union. In this case, you will be taking cash to an office and having this wired for you.
This page looks at the different kinds of bank wire, and explains how they can be used for legal poker site deposits.
First below, I have covered the legal aspects of using wires to make poker site deposits. After that, to help you compare all the different options, I have summarized the pros and cons of choosing bank wire poker deposits. Some instructions for how to go about wiring cash in different ways can be found towards the bottom of this page.
Is Wiring Money to Online Poker Sites Legal?
US players have legal contradictions when it comes to wiring funds to online poker sites. There is no federal law that makes it illegal for an individual player to wire cash, and enjoy online poker with real money. At the same time, there is a law which prevents US banks sending money to online poker sites – in the form of the UIGEA. US players can wire cash, using 3rd party services to send money to individuals who receive this on behalf of offshore poker sites.
Elsewhere there are no laws preventing wires to online poker sites. Some countries use local bank transfers, or specialist services (for example Interac for Canada). The decision on whether to wire cash if you are outside of the US is usually made based on the cost of this compared to other common payment methods.