Gamblers choosing bank transfer casino websites are recommended to read this review. Our experts have prepared a detailed analysis of these payment method opportunities for Australian gamblers. You will learn about the fees, processing time, benefits, and disadvantages of wire transfer online casino sites for various categories of gamblers. We will also provide you with detailed instruction on how to deposit and withdraw using this payment system.
🔥 Best Online Casinos updated: 20 Mar 2023 09:53:31
📍 Pros and cons of using Bank Transfer at online casinos
One of the biggest advantages of online casino instant bank transfer is that it is safe. Even if you become a scammers’ victim, you can return your money by launching a money-back procedure. However, safety and security are the only positive reason to play at an instant bank transfer casino. On the other side, there are several disadvantages, including fees and processing time. There are also some withdrawal minimum amounts of limitations. The main features of a wire transfer are:
Slow transactions (up to 7 working days).
High transaction fees.
Low amount transactions unavailable.
Wire transfer casino methods
Up to 7 days
Up to $50
Depending on the wire transfer casino
Up to 5 days
Depending on the provider
Depending on Blockchain load
Depending on the casino
Up to three weeks
Wire transfer is widely spread, but it is slow and expensive.
When speaking about online casino instant bank transfer, your money will be credited to your account fast. However, as for withdrawals, it doesn’t work this way. You will have to wait up to 7 working days to see your money come to your account. As for the fees, their amount may reach $50 and even more per one transaction.
If you want to deposit in a bank transfer casino, you need to create an account there and choose wire transfer as a deposit method. Be aware that not every instant bank transfer casino accepts this payment method for deposits. If the websites offer banking transactions for funding, you need to collect the online casino’s banking information. To do that, you can send a request to their support service. Once you have this information, you can start depositing using this method.
The amount of money a player needs to set aside for gambling.
You don’t need to wait for the money to come as fast bank transfer casino credit accounts almost instantly. Gambling platforms rarely charge customers any deposit fees. However, to be sure, you need to check this on the website or send a request to the customer support service of the instant bank transfer casino. Once your money is credited to your casino bankroll, you can start playing various games. Briefly, you need to do the following:
Before you can withdraw using a bank transfer, you need to be sure this method is available. If yes, you need to provide the casino with your banking credentials and send an application for withdrawal. Once everything is ready, you need to wait for some time until the money comes to your banking account. It may take up to 7 working days. Briefly, you need to complete the following steps:
Go to the cashier.
Choose wire transfer.
Provide the casino with your banking details.
Wait for the money to come.
Wire transfer is a widely spread depositing and withdrawal method. You can use it in any Australian casino. However, do not forget that it may take time to conduct such transactions.
💠 How to check if a casino accepts bank transfer
It will take: 10 minutes
There is nothing difficult in checking if a gambling website offers a wire transfer as a payment method. You need to do the following.
Go to the website and search for its banking options. Sometimes you will need to visit a FAQ section as well.
You need to find a wire or bank transfer option within the banking method section.
If you are not sure, or there is no wire transfer in the banking menu, you can always question the support service.
Can I use a wire transfer to deposit at Australian casinos?
Yes, banking transfer is widely spread as a deposit method at Australian casinos. However, you need to check before you start funding your account. Some platforms in Australia offer wire transfer as a withdrawal method only.
What fees should I pay using bank transfer?
It depends on your bank conditions. In some cases, you will pay $5-10. Some banks charge their customers higher fees, up to $50. Check if your casino takes commissions for depositing and withdrawals as they will be added to the bank fees.
What are the advantages of other banking methods?
They are faster than transactions, in most cases, are conducted instantly. Bank transfers may take up to seven working days. Moreover, you don't need to pay any additional money for those transactions.
What are the benefits of using wire transfer at Australian casinos?
Safety is the key advantage of any banking transaction. You may be sure your money will be credited directly to the casino account and not be stolen. Moreover, those who become victims of scammers can start a money back procedure.
What are the alternatives to wire transfer?
When speaking about the alternatives, you can pay attention to electronic wallets such as Skrill, Neteller or ecoPayz. PayPal is also very popular. Cryptocurrency users may deposit and withdraw with their Bitcoin or altcoins in some Australian casinos.
I used to deposit with a banking transfer, but now I use it along with Skrill. Sometimes when I have much time to wait, I use banking transfer, but in case of urgency, I use Skrill.
The cashless transfer is very safe, I may say, but it is not enough for me. After I started to use cryptocurrencies, my transactions' speed increased significantly, and currently, I withdraw within one day.
Whatever they say, banking transactions are the best as I can use them not only at casinos but everywhere. Yes, I have to pay for them, but it works.
Online casinos that I play offer a wide range of payment methods. Sometimes I use banking transactions to withdraw funds, but it is not my preferred one.
I have paid $50 for my last withdrawal transaction, which I think is an enormous amount. However, it is safe, and I like to be protected from scammers.