Banks that Accept Online Gambling

Because there has been a spotlight recently put on Australia online casinos and their mental health effect on online gamblers, there are some banks that now limit their interaction with Australia online casinos. There are some occasions where players simply cannot use the bank transfer method to deposit money into their casino accounts. Instead, they have to transfer funds into a PayPal account to play casino games.

However, most of our top online casinos work alongside top banks to ensure that not only can you fund your casino accounts with credit and debit cards, but also bank transfer and even instant bank transfer so that you can make your deposit via wire transfer and be ready to play those casino games straight away.

Although there are now plenty of ways to fund your account, some players simply still like to do it in the tried and tested way – wire payments – and that’s what this page is all about. We will go into how you can fund your account using your bank account directly, without needing to sign up for an e-wallet or bother with credit or debit card details.

Ultimately, AU casino bank transfer deposit methods are not only very simple but also very secure. This is because you will be using your bank’s platform to process your payments – which is simply the safest and most secure way to process any payment. In addition, there is the added benefit that most Australia banks will offer their customers protection from fraudulent transactions – and if something goes wrong and you feel you have transferred money to a scam casino then you can contact the fraud protection team.

Instant Bank Transfer Online Casinos

Our Top Instant Bank Transfer Online Casinos

Many players opt not to deposit and withdraw via bank transfers for their own personal reasons. However, sometimes it’s the only option available to you at the time – and it’s not too much of a hardship given that they are perfect for large transactions, given how safe and secure they are! That’s why practically all top Australia online casinos accept this method of payment. Here are our top AU gambling sites that support this method:

Our List of Top Instant Bank Transfer Casinos

Casumo Casino – 20 No deposit free spins + 100% up to $1200

First thing’s first – Casumo is excellent for payment methods – deposits and withdrawals. On top of that, the casino boasts more than 1,500 top casino games from the best software providers in the industry. Casumo Casino works excellently on both desktop and mobile – and is a top-rated casino to use if looking for a bank transfer casino.

Casino Lab – Up to AU$1500 Welcome Bonus + 300 Free Spins

Casino Lab is simply excellent, and the banking options at the online casino are great, with the availability of bank transfers with most major Australia banks along with plenty of other options including debit and credit cards, e-wallets and more – with great withdrawal limits to boot. The casino also offers a variety of games from top slot providers. Players looking for a bank transfer casino are well-advised to take a look.

PlayOJO Casino – 80 Free Spins No Wagering

Again, this is another excellent casino that works alongside most major banks and allows bank transfers for both deposits and withdrawals. There are plenty of other reasons to try out PlayOJO Casino as well. Firstly, it’s the no wager promotions you get – free spins with no wager means you win what you get – great! It also offers players plenty of jackpot options to boot. Couple that with super fast bank transfers and you’re onto a winner.

Online Gambling in AU with Instant Banking

There used to be a time, believe it or not, when we were not inundated with myriad ways to pay for goods and services online – and this was when bank transfer casino gambling was most popular with players all over the world. However, there are now a handful of different types of bank transfer payment options available. Top online casinos that work alongside banks that allow online casino gambling offers the following bank transfer options to players:

Fast Bank Transfer

Fast bank transfer – also referred to as Instant Bank Transfer – came about due to the concern over a bank transfer’s slow processing time. Players were fed up with having to wait for a long time for funds to reach their account so faster bank transfers were introduced. This is quicker than wire transfers because it involves transferring funds from one domestic bank to another.

Wire Bank Transfers

These bank transfers are now becoming less popular, especially with the introduction of better and quicker payment options such as wallets. Wire transfers at casinos are usually quite a slow procedure – both for making deposits and withdrawals, which is usually because money is being transferred between international banks as opposed to domestic banks.

Bank Transfers via 3rd Party Platforms

This is seen as a great solution as it allows you to move your money around much more quickly. Simply transfer money from your bank to a third-party payment platform and make a fast transfer from there. Generally, the most popular tools for this are e-wallets, which have grown in popularity with Australians recently. PayPal is the most popular banking option, not just in Australia and Australia, but in the world. These transfers happen immediately.

The Benefits of Bank Transfers

Although it isn’t the most popular deposit or withdrawal method, there are still some benefits that come with bank wire transfers. So, if you are considering this as a viable option, here are some of the benefits you can expect:

  1. Practically all online casinos accept bank transfers from the majority of banks in Australia. In fact, wire payments are provided by all large Australia banks and can be used in top online casinos all around the world. Instant banking casino deposit (or wire transfer) is one of the most commonly accepted payment methods in the industry – available for all.
  2. It offers players higher transaction limits. So, if you are a high roller player that wants to make higher deposits and withdrawals, the deposit limit attached to some other payment options can be very annoying. As such, this is a great option for you if you prefer to play big and win big – much more so than with standard payment options.
  3. You can pay in your local currency. If you use your local bank account to fund your casino accounts, then this means you can pay in your local currency – which is cheaper than having to go through the currency conversion process. You can also withdraw your funds in Australia dollars, which also saves both time and money!
  4. No fees! Unfortunately, these days, you will find that there’s an online casino payment method you want to use – and then when you read the small print, you’ll see that there are transaction fees attached to these payments – especially withdrawals. So, in order to get your winnings, you have to forfeit money, which could be up to 2.5% – a lot if it’s a big win you’re after. Bank transfers can also come with no fees attached, so you receive what you deposit and you can withdraw all of your winnings.

Disadvantages of Bank Transfer Deposits

It’s not all sunshine and roses as there are some drawbacks attached to using bank transfers as well. Here are the main disadvantages attached to the bank transfer option:

It Takes Time

In order to get started, you will need to fill in a lot of details for wire transfers – even if you are using a fast casino deposit. You will need to fill out and enter a lot of payment details in order to successfully process the payment. Comparing this to certain other repayment methods that offer 1-click options, it’s not appealing. Making a bank transfer payment will require you to provide different codes and account details. The banking system is being scrutinised by AU Central Bank to prevent money laundering so there is no way around this. However, it does increase security.

Bank Transfers Can Take Days to Process

This is the biggest disadvantage. Often players want to deposit and play straight away. This is the slowest method available. Although there are some banks and casinos that allow for fast bank transfer, this can still take up to 24 hours, compared to other payments that are instant. Standard transfers can even take up to 7 days! Withdrawals are also slow.

How to Make a Bank Transfer Deposit?

If you have never used this method of payment before, then it’s always a good idea to follow the step by step instructions so that nothing goes awry. A casino bank transfer can be a little more time-consuming and more of a process than other payment methods, so be prepared.

  1. First, register for a new casino account at your chosen site. Make sure you choose one of our top recommended bank transfer online casino sites. Look to see which one of the casinos appeals most, in terms of bonus offers, game providers and overall casino experience. As soon as you have opened a new account, then head over to the ‘Cashier’ section and click on the ‘Deposit’ button.
  2. As soon as you enter the deposit section of the site, you will be presented with a variety of deposit methods available to you. It is here that you will see the direct bank transfer deposit option. Simply click on the link and enter how much money you want to make as your deposit. If you are looking to redeem the welcome bonus, you will need to make sure that your bonus is at least the ‘minimum deposit’ amount specified and that you enter any promo code that you have.
  3. Once this is done, the casino will redirect you over to the information section. This is where you will need to input your financial and your personal data. This will require you to enter your bank account number and your Swift Code (the international code for your bank) as well as other details. You may also be asked to include the Purpose of Reference. As soon as all this is done and the payment is confirmed, you will then simply wait for your funds to hit your account before you start playing the casino games available.

Making a Bank Transfer Withdrawal?

Fortunately, withdrawing your funds via bank transfer is simpler than depositing your money, especially when playing at our fastest payout online casino sites from the list above. Simply follow our quick and easy steps:

  1. Firstly, log in to your casino account and head over to the Cashier section of the site. Here, you will find the withdrawal page. This will give you all the different withdrawal options. Choose the Bank Wire Transfer option that allows you to transfer the money straight into your bank account.
  2. Look to see what money is available for you to withdraw. You then simply need to decide how much of that money you want to take out of your casino account and enter that into the ‘Amount’ box. Again, you will be required to enter your bank details including your bank account number, SWIFT and purpose of reference. This may be auto-completed at some casinos if you have previously entered this information.
  3. Your money will then be transferred back into your bank account. It is worth remembering that this can take some time. Firstly, there may be casino processing time which could be anywhere between 24-72 hours. The withdrawals can also take up to 7 days to hit your account.

Alternatives to Bank Account Transfers

As we stated earlier, this payment method isn’t for everyone. As such, there are some excellent alternatives that you can use instead of bank transfers. These other options are generally also accepted at most top Australia online casinos. Here are the most popular alternative payment platforms:

Credit and Debit Cards

This is the most widely used and common payment method in the online gambling industry. In most online casinos in Australia, you can deposit with Visa, MasterCard, Maestro and others. It’s worth noting that Visa generally charges fees for this, but these deposits aren’t only safe and secure, they are also instant. American Express is also another option available at certain top online casinos.

E-Wallets

These are growing hugely in popularity because not only are they safe and secure, they are also instant. These are, by far, the quickest way to make deposits and withdrawals into your account. E-wallet options available to players include PayPal casinos, Skrill payments, Neteller Payments and ecoPayz. You simply need to open a new account with one of these players and you can start playing.

Internet Banking Options

Some casinos even offer Internet banking services. This is a very fast and secure way of paying straight from your bank account into your casino account. This is particularly popular in Australia and Australia, with many completing the process through Poli casino deposits.

A list of the most popular bank transfer alternatives

  • MasterCard
  • Skrill (rapid transfer)
  • Visa
  • PayPal
  • Poli Payment AU
  • Neteller
  • Pay by Phone

 

Bank Transfer Online Casino Fees

This very much depends on the bank you are transferring your money from or to – and whether or not the bank transfer is a domestic bank transfer or an international bank transfer. It also depends on whether you are depositing to a casino that accepts Australia dollars as a currency.

Ultimately, some banks will collect fees from the person transferring the money. In addition, you may also find that not only do the sending banks sometimes charge a fee but so do the receiving banks. As such, we would definitely recommend that you check with the casino and your bank before making your deposit to see if fees are charged and how much it will cost you. Standard fees tend to be around 2.5% to 3% of the transaction amount – deposit or withdrawals. However, this isn’t always the case so it’s best to check.

Why Choose Bank Transfers?

Well, there you have it. That’s the low-down on bank transfer payments and banks and casinos that allow these transactions to occur.

There are many advantages to paying via bank transfer – all you need is your bank account to transfer the money. They are also available at pretty much all online casinos out there. You don’t need to create any new account – and they are super safe ways of making financial transactions. They are secure and trustworthy, they are protected by the top banks’ encryption protection, making sure that your funds are safe from hackers. However, remember, this can be a slow process and you will need to check for fees!

AU Bank Account Deposits FAQs

What is a Bank Transfer?

A bank transfer is where you pay for online services or goods using the money that is directly taken from your bank account. You can also do this via a third-party platform such as Neteller or PayPal. These options allow you to make safe and secure deposits and withdrawals directly to Australia gambling sites.

Are Bank Transfer Casinos Safe and Secure?

Yes, online bank transfer casinos are safe and secure. Every single bank transfer casino that we have recommended has been verified as honest and trustworthy. Moreover, the transactions are protected by the casino’s security and encryption as well as the bank’s security. This means that all transactions are the safest available.

Do Bank Transfers Come with Fees or Limits?

One of the benefits attached to bank transfers is that often the deposit and withdrawal limits are higher than with other deposit methods. However, some bank transfers will come with fees attached. This could be as much as 2.5% to 3% but depends on the casinos or banks, so we recommend you check the details first.

Can I Withdraw Money Via Bank Transfer?

Yes, you can withdraw your funds using bank wire transfers or instant bank transfers. This is a very safe and convenient way to withdraw money directly from the casino into your bank account. Check out our step by step guide above if you need any help with the process.

How Long Do Bank Transfers Take?

One of the disadvantages of withdrawing your money via bank transfer is the time it takes for your money to hit your account. As well as the casino processing time, the withdrawal time can then take an additional 7 working days to get your money. Wire transfers can take even longer than this – with some people having to wait for up to 10 days.

How Do You Make Deposits Via Bank Transfer?

Making deposits via bank transfer is very simple – you just need your banking account details to make the payment. You will also need access to the casino’s bank details to make the bank transfer. Open the Cashier section and click on the bank transfer or wire option and enter your bank name, bank account number and other details. Enter how much you want to deposit and click on transfer. It’s a good idea to write down the transaction ID to assist with any issues if they arise.

How Much Can I Deposit into My Account Using Bank Transfer?

The amount you can deposit into your online casino account using bank transfer varies from casino to casino, but normally the limits are higher than with other payment methods.

Does the National Bank Allow Online Gambling?

The National Bank does not specifically state that it restricts online gambling transactions. So, if you are a National Bank customer, there is no reason why you shouldn’t be able to sign up and deposit at any of our top recommended online casino sites.

Where Can I Gamble Online Legally?

Here in Australia, you can only gamble on online casino sites that have been regulated and tested by regulatory bodies such as the UKGC or MGA. We make sure that every bank transfer casino we recommend is safe and legal to play in Australia.