No matter how you refer to it, cash transfer, bank transfer or wire transfer, this online casino deposit method remains one of the most popular among players.
The safety and security of transferring your money to and from your primary financial institution provides peace of mind, all the time. Read our expert guide to cash transfer deposits to learn more about this ever-popular casino deposit method.
The best part of cash transfer is that most online casino sites in Australia accept it as both a deposit and withdrawal banking method. Here are our favourite online casinos accepting wire transfers:
No matter which casino banking method you decide on, each will come with pros and cons as there isn’t one perfect system in place. However, our most recommended banking option is Bitcoin due to the super-quick processing times, safety and the fact that most sites embrace the cryptocurrency so much that they offer players the best online casino bonus offers for depositing with it.
The good news is most online gambling sites accept cash transfers, but some players from Australia may run into some resistance. Be sure to check out our informative casino reviews to find additional banking methods. Once you’ve decided on a casino, it’s time to sign up for a free account. These instructions are the same for sports betting sites, as well as online poker rooms.
After registering and verifying your account, which should take no more than 5 minutes, it’s time to hit the casino deposit page, also known as the cashier. Each site’s homepage dashboard is unique, but the deposit page can be found via the main menu or navigation bar near the top of the page. Once there, you’ll see a full list of deposit options and can select cash transfer.
Deposit details via bank wire are a little different than other methods because you’ll need to provide your checking or savings routing and account numbers, in addition to some other unique banking details like Swift codes. If you don’t know it, simply contact your bank for that information. This is why it’s so important that your casino site is SSL encrypted when transmitting this information over the internet.
Note that it’s common practice for casinos to appear on a banking transaction log under a different name or doing business as (DBA). So, after making a first deposit, you’ll likely see a parent company rather than the identical name of the casino you sent money to. Don’t be alarmed.
For example, if you deposit $500 into Joe Casino 24/7, but see on your bill that $500 went to Best Casino Ever LLC, it’s likely the same company. Should you have questions about how deposits will appear on your records, we suggest you reach out to customer support.
No matter how you refer to it, cash transfer, bank transfer or wire transfer, the online casino deposit method remains one of the most popular among players. The safety and security of transferring your money to and from your primary financial institution provides peace of mind, all the time.
Regardless of which withdrawal banking method you choose, casino sites want your cashout experience to be a painless one. While bank wires are great, we reiterate our preference of using Bitcoin for online gambling payouts as it’s much faster and safer, with fewer fees.
Here are the typical steps you can expect to encounter when withdrawing from a casino using a cash transfer:
Simply head back to the casino cashier or withdrawal page – located under the main menu or navigation – choose the amount you want to take out and select cash transfer / bank wire / wire transfer from the list of options.
Before processing a withdrawal, some casinos online may require that you verify your identity. Whereas submitting an application, form or picture scan of your personal I.D. are common, many casinos have also implemented a four-digit pass code that you set up during registration. The casino may have you enter that code in before submitting your request.
The exact amount of time it’ll take for your casino to process your request is typically 1-to-2 business days, while the cash transfer may take 2-3 more with a fee ranging between $10-$50, on average. The customer support team can help with any further questions in this regard.
At the end of the day, cash transfer, bank wires and the like are an extremely popular method of banking at safe online casinos. Why? Because this option provides a direct line of site from a trusted financial institution, your bank, to a safe and secure gambling website. How do you know if YOUR casino is safe when it comes to handling sensitive personal and financial information? You want to make sure the site is SSL encrypted, which can be verified by locating the little padlock near the address bar.
On the off chance that your bank or financial institution blocks the bank wire request, do not worry as you won’t lose your money or face any legal consequences.
Our favourite method for online gambling, Bitcoin is fast and secure.
Though not quite as popular as Visa, Mastercard is widely accepted.
A quick and easy method, recommended for casual players.
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Cash transfer deposits and withdrawals are so long as you gamble at a safe online casino in Australia. If an online casino has earned a recommendation from the resident experts at Australian Gambling Online, then you can rest assured that they are safe and you can trust them with your financial information.
Generally, bank transfer casino deposits and withdrawals do come with fees. These fees are charged by your bank and sometimes even the casino itself. If the casino does not accept AUD, then you will also be charged a foreign exchange fee for any transactions when you deposit from an AUD bank account to either US Dollars, Euros, or any other currency.
If a casino accepts cash transfer deposits, then they will almost certainly also pay out your winnings by cash transfer. Before withdrawing your winnings by bank transfer, remember that there may be fees and that the minimum withdrawal amount may be higher than that of other withdrawal methods.
Unfortunately, cash transfer is possibly the slowest withdrawal method available in Australia. Aussie players who wish to withdraw their winnings by cash transfer can probably expect a wait of up to five business days before receiving the money in their account.
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