Why Bank Transfer? Main Advantages
Bank transfer is a commonly used method because of its prevalence. Since all of us have credit banks and maintain some kind of relationship with banks, it is simple to use in online casinos. Besides, bank transfers provide the highest level of safety, encouraging many people to deposit funds on the balance using the following method.
Another advantage of bank transfers compared to other payment methods is the possibility of contacting your local provider in the case of a misunderstanding. There are particular situations when the funds might be lost; thus you always have a chance to contact customer support and resolve your issue.
Bank Transfer Deposits & Withdrawal Limits, Fees and Processing Times
Both deposits and withdrawals with Australian bank transfer online casinos are different. Prior to making a payment, make sure you are familiar with the available restrictions. Usually, with bank transfers, you can deposit up to 10,000 AUD in a single transaction. The withdrawal limit is also the same.
As for additional fees, typically there is no additional charge in AU online casinos while making a deposit unless stated otherwise. Withdrawals do come with particular fees and in the majority of gambling sites, it could reach 2.5%.
Bank transfer deposits are rapid, but withdrawals could take up to five working days. That happens, as first, the payment needs to be approved by your local bank. This is perhaps one of the main drawbacks of using bank transfers in online casinos.
How We Choose a Trustworthy Bank Transfer Casino in Australia?
Selecting a reliable casino with a bank transfer could be a complicated task, but we have made the whole process easier for you. While exploring these casinos, we set a specific methodology paying attention to the following aspects:
- Range of games.
- Customer support.
- Mobile compatibility.
Let’s have a look at each of them below.
Security and Safety
Security of an online casino with a bank transfer is the utmost priority. If a platform has problems with safety, you should avoid registering at all costs. We only picked websites that have a valid license, preferably by the Curacao Gaming Authority. Also, the casinos on our list use the latest security encryptions to store players’ information safely.
Diversity of Games and Software Providers
Another important detail is the diversity of games and software providers. We selected casinos that have thousands of games in the library from top-notch software providers such as Habanero, Evolution, and Wazdan. If you are a lover of slots, you will surely find something for your preference.
Available Bonuses and Promotions
We also had a look at the bonuses on the website. Hefty bonus offers make the whole gaming process more attractive for players. In some cases, there are tailored promotions if you make a payment via bank transfer.
It was necessary to check the customer support section for each bank transfer casino Australia. It is always recommended that a gambling site has 24/7 support and there are several methods for contacting the administration.
Compatibility With Smartphones
With the advent of mobile gambling, more and more Australian online casinos switch to smartphones. The casinos on our list are compatible with both Android and iOS devices and they are fully responsive. The optimization is also decent.
How to Create Your First Payment Account and Use Bank Transfer?
Creating a payment account for a casino with bank transfer deposit is a straightforward process. Below you can see the steps:
- Sign up at a casino.
- Visit the Cashier section and choose bank transfer.
- Indicate your credit card details.
- Enter the amount you want to deposit and finalize the process.
That’s it. For creating a personal credit card, you can contact a local bank and you are good to go.
Pros and Cons of Bank Transfer
One of the major advantages of using a bank transfer in online casinos is safety. In the modern financial world, banks are strongly intertwined with each other. Therefore you can be sure about the safety of your funds. Even if you make a mistake, contacting a bank is always possible.
Secondly, it is available in almost every casino. Unlike cryptocurrencies, which may not be present in gambling sites, bank transfers are always supported.
One of the main downsides of using a bank transfer is the processing time. In some cases, withdrawals could take up to five working days. Also, there is an additional charge for making a withdrawal.
Top Bank Transfer Online Casinos in Australia: Our Picks and Reviews
Our top picks for Australia’s best online casinos accepting bank transfers are:
22Bet is a reputable Australian casino. It has a lot of games, great bonuses and dedicated customer support. Moreover, withdrawals take place within 24 hours.
National Casino is a relatively new online casino in Australia. With its rich library and simple interface, the gambling site has a lot to offer to both rookie and veteran players.
HellSpin has a massive welcome bonus for newly-registered players. If you want to discover jackpots or bonus-buy slots, the website has everything ready for you.
Are Bank Transfer Sites Worth It For Australian Players?
To sum up or review, we think that you should definitely register at casinos with a bank transfer. First, casinos with bank transfers are safe and payments are protected. Secondly, you will discover a huge variety of games such as slots, live casino and table games.
As a minor drawback, you might have with casinos is the existence of additional fees while making a withdrawal. Though, it rarely exceeds 3%.
We advise Australian users to check the bank transfer casino list and sign up on these gambling sites. Here, you will only find licensed and secure Australian online casinos.