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Online Gambling with Cash Transfer Australia
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.
Best Online Casinos Accepting Cash Transfer
The best part of cash transfer is that most online Australian gambling sites accept it as both a deposit and withdrawal banking method. Here are our favourite online casinos accepting wire transfers:
Pros and Cons of Using Cash Transfer for Online Gambling
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.
Cash Transfer Pros
- Most online casinos accept cash transfers
- Safety and security from your financial institution
- Direct deposit cash access (no middle man)
- No need for a third-party vendor product
Cash Transfer Cons
- Many Australian banks will not approve of wire transfer
- Cash transfers are known to come with notable processing fees
- Additional forms, account information may be required
- Keep an eye on deposit minimum requirements
How to Deposit at an Online Casino with Cash Transfer
1. Choose a casino that accepts Cash transfer
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.
2. Visit the Deposit Page and Select Cash Transfer
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.
3. Confirm the Deposit Details
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.
Billing at Online Casinos Using Cash Transfer
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.
How to Withdraw from Casino Site Using Cash Transfer
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:
Request a Withdrawal
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.
Confirm Your Information
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.
Process Withdrawal and Receive Funds
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.
Using Cash Transfer for Online Gambling: Safety and Security
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.
More Online Gambling Deposit Methods
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.
More Online Casino Guides
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Real Money Casinos
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Cash Transfer FAQs
Are cash transfer deposits and withdrawals safe?
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 Gamble Online Australia, then you can rest assured that they are safe and you can trust them with your financial information.
Are there fees with bank transfer deposits and withdrawals?
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.
Can I withdraw my casino winnings with bank transfer in Australia?
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.
How fast are withdrawals by cash transfer in Australia?
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.
