UPDATE: BetPhoenix Bank Wire for U.S. Based Customers

[penguin]

I had posted a similar post last week and there was some confusion about bank wire options for US customers at BetPhoenix. Some thought that this was actually an ACH and not a Bank Wire.

I made a payout request this morning this method and was told by customer service that:

"it is actually another type of transfer, it is not exactly a Bank Wire, but it is not an ACH either, it is a direct Bank Transfer"

I don't know WTF this means, but they still need all the information that is typically required of a wire transfer....swift code, etc.

Keep in mind, for some reason this is still only available to Chase, Bank of America and Wells Fargo Customers.

I will post in the payout section once I've received payment to let everyone know how long this takes....

[michael777]

thanks for the info

[RickySteve]

If it's an electronic transfer, it can only be either ACH or a bank wire. The only other possibility is that they're depositing in hard cash to your account at a bank branch within the US. That would be highly risky, though not unheard of.