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It’s because the Handelsbanken payment method is directly powered by the Swedish bank of the same name, which is considered a major institution in its home country. With it, Handelsbanken also has its operations spread out in other territories including Denmark, Finland, the Netherlands, Norway, and the U.K.
Due to its renowned brand name, paying through Handelsbanken is often the primary choice for those who are using the institution’s consumer banking services.
To see how the best Handelsbanken casinos use this payment option and how it works for you as a player, here’s a lowdown on this payment process.
What Does The Handelsbanken Payment Method Mean For Casinos?
Given that the Handelsbanken payment method only powers those consumers who have an account with the bank, it is limited to individuals who live in Europe.
If you have a Handelsbanken account, you can use your bank account to directly deposit and withdraw your funds through casinos that support this payment method. The process is essentially a wire or bank transfer, which is also why it’s classified as such on most casinos.
How Does It Work?
Most casinos that accept wire transfers through a compatible Handelsbanken account actively promote this payment method on their website.
In order to make a deposit or withdrawal, you simply have to follow the instructions provided by the casino. As explained above, the steps are essentially the same as an inter-bank transfer and remain quite easy to follow.
There are instances where casinos simply outline wire or bank transfer as a payment method, without mentioning Handelsbanken by name. In such cases, you can still use your Handelsbanken account to complete your bank transfer, the same way you would do for any other vendor.
Are There Any Charges For Using Handelsbanken?
The best Handelsbanken casinos that outline support for this payment method usually do not charge a service fee. Handelsbanken typically doesn’t have any charges for these casino payments if they fall under its domestic or Faster Payments services.
If your chosen casino simply entertains bank transfers and is in a territory supporting SEPA (or the Single Euro Payments Area) payments, the bank transfer is completed at minimal charges as outlined by your bank and casino. SEPA is supported by all countries in the European Union, as well as a few other countries accepting EUR payments.
If you make an international wire transfer that’s not covered by SEPA, you would need to pay higher transfer fees for SWIFT payments. Some casinos might also outline elevated service charges for such transfers.
How Long Does It Take To Complete Handelsbanken Transfers?
The turnaround time for Handelsbanken transfers can vary from casino to casino, especially depending upon their location.
Typically, these payments can be completed within a day. However, in certain cases, they can also take up to 3 days.
Why Should You Use Handelsbanken Transfer?
Using the best Handelsbanken casinos lets you execute direct payments from your own bank account without having to go through third-party payment processors.
This adds convenience and ease of use to your online casino experience, and ensures that you can enjoy your favorite games without having to worry about finding applicable payment methods.