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Payments · Bank transfer

How to deposit with Bank transfer to play Penalty Shoot Out

Step-by-step guide to fund your account with Bank transfer and play Penalty Shoot Out: amounts, crediting times, withdrawals and the truth about chargebacks.

Updated on June 5

Icono de transferencia bancaria

Bank transfer at a glance

$2,200
Min. deposit
Near-instant
Crediting
Yes
Allows withdrawal
Maximum
$1,000,000
Fee
0%
Withdrawal time
18–48 business hours
Chargeback?
No

A bank transfer (with CBU/CVU, IBAN or whatever identifier your country uses) is one of the most reliable ways to play Penalty Shoot Out. It works with any bank or wallet, charges no commission and, unlike other methods, works both to deposit and to cash out. It’s the classic: boring, but safe.

Your account details: what each one is

Before you load, it helps to know the difference, because the casino may ask for whatever identifier your country uses:

  • CBU/CVU: the identifier for a bank account or a virtual wallet in some countries.
  • IBAN: the international account number used in many countries.
  • Alias: the easy-to-remember name (like ball.goal.pitch) that points to your account or wallet.

Whatever identifier your country uses will work for the casino. The key is to copy it without mistakes: one wrong digit sends the money elsewhere or delays the transaction.

How to deposit, step by step

The transfer deposit flow is straightforward:

  1. In your casino account go to Deposit and choose Transfer.
  2. The operator shows you the destination transfer details (sometimes along with an exact amount or a reference code).
  3. Open your online banking or your wallet and transfer to those details. Copy and paste so you don’t slip up.
  4. Confirm the transaction. Keep the receipt just in case.
  5. Back to the casino: the balance credits near-instantly in most cases.

With the money in, you can open Penalty Shoot Out and start playing. If you’re still choosing a platform, see where to play or the 1win review.

Crediting times

A transfer deposit is usually near-instant: with the instant transfers that are now standard in many countries, the money shows up in seconds or a few minutes. It can take a bit longer if the operator validates manually or if you transfer outside banking hours, but it’s generally fast.

How to withdraw

One of the big advantages of the transfer is that it also works for cashing out. To withdraw:

  1. Go to the casino’s Withdrawal/Cashout section.
  2. Choose Transfer and enter your account details (usually in your own name, to pass verification).
  3. Confirm the amount and submit the request.
  4. Wait for it to clear: the withdrawal usually lands in 18–48 business hours.

Double-check your payout details before confirming, because a wrongly entered account is the number-one cause of delayed withdrawals. The full guide is in how to withdraw.

Fees and limits

The transfer fee is effectively 0%: neither the bank nor the casino charges you for using this rail. The deposit and withdrawal limits depend on the operator and, in some cases, on your verification level; don’t treat any cap as fixed, and confirm the one shown on your platform.

The truth about chargebacks

Here the transfer wins hands down: it has no chargeback. Since you’re the one who starts the transaction from your bank, there’s no way to “dispute” it afterward. That makes it a clean method that won’t create conflicts with the casino.

It’s worth understanding why this matters. The only method with a chargeback is the card. And using that chargeback to reverse a legitimate deposit because you lost isn’t a shortcut: it’s friendly fraud, and the result is a blocked account and a seized balance. The right way to get your money out is always the official withdrawal. That’s why chargeback-free methods — transfer, crypto and cash — are the most recommended: they take the temptation and the risk off your plate.

Who is it ideal for?

The transfer is perfect if you want a single method that does everything — deposit and cash out — with no commission and no chargeback risk. The only downside is withdrawal speed: if your priority is cashing out in minutes, USDT is faster. If you’re after maximum convenience to deposit from your balance, look at Mercado Pago, and if you want something built for casinos with fast withdrawals, there’s AstroPay.

Whatever you pick, play with money you can spare and set limits from the start. Penalty Shoot Out should be a nice spell on the pitch, nothing more.

Pros

  • Works with any bank or wallet (CBU/CVU, IBAN or whatever identifier your country uses).
  • No commission and available for both deposit and withdrawal.
  • No chargebacks: a clean method accepted everywhere.

Cons

  • Withdrawals can take up to 48 business hours.
  • You have to enter the account details correctly: a mistake delays the transaction.
  • Limits depend on the operator.

FAQ

What account details might the casino ask for?

It depends on your country: it could be a CBU/CVU, an IBAN, an account number or an alias. The alias is the easy-to-remember name that points to an account or wallet. Whatever identifier your country uses will work for the casino.