Bank Wire Payment Method

When you play for real money at your favourite Aussie online casino, one of the most important tasks that requires your attention involves finding the best ebanking option for your personal needs and expectations. The Australian online casino supports numerous banking options for Australians including ewallets, evouchers, echecks and credit and debit cards. The bank wire payment method is one of the best payment methods, allowing you to fund your online casino account quickly and easily in a protected online banking environment.

When you use the bank wire payment method for your real money gambling activities you'll be able to play at any time, from any location and on any casino platform at your leisure and collect your payouts at your convenience.  

What are Wire Transfers?

Wire transfers – sometimes called "credit transfers" involve a method of transferring electronic funds from the sender to the receiver. A wire transfer is made from one bank account to another bank account.

Different wire transfer operators and systems provide a variety of options for making wire transfers. Fees, time, values, services and supported currencies vary from ebank to ebank. In general wire deposits can take anywhere from two to three days to complete while withdrawals can take up to a week, so users must plan accordingly.

Pros and Cons of Bank Wire Payment Method

There are numerous convenient payment methods for casino gamblers but some sites don't allow users to transfer large amounts of cash via credit card or e-wallets. Consequently, many premium players and high-rollers prefer to stick to bank wire transfers since the limits on these types of deposits tend to be considerably higher.

Another advantage of using a wire transfer for large casino deposits and withdrawals involves the fees involved. Fees for these transfers are generally a flat fee regardless of the actual size of the transfer.

It's a good idea to remember that bank wire transfers can be considerably slower than credit card or e-wallet payments, so players must plan their gambling activities ahead of time if they play to use a wire transfer for their casino banking.

Wire transfers aren't always offered to all players – most sites offer the option to high rollers or via casino sites that don’t have maximum deposit limits.

How Do You Make Bank Wire Transfer Deposits and Withdrawals?

Depositing to your casino account via a bank wire transfer is very simple. Click on the Banking page of the Australian online casino and select the wire transfer payment option. Submit the details of your operator, including the account number, IBAN, SWIFT code and bank address. Next, go to your local bank website, submit the details of your requested transfer and pay the transaction fee. When the money goes through (two to three days) you can complete the transfer and start playing your favourite casino games at your leisure.  

Bank wire withdrawals make take a bit longer to process than deposits since the casino will need a few days to verify the withdrawal request. Cashing out via a bank wire transfer could take up to a week. You'll need to cover your transactional fees.

Due to the fees, it's a good idea to deposit a good chunk of money in the casino when you make your transfer so that you can cover a few weeks of casino activity under one wire transfer. The advice is the same for withdrawing your funds – wait until you've collected multiple payments so you won't pay multiple withdrawal fees.  

Hints for Safe and Secure Bank Wire Transfers

Bank wire transfers are regarded as immediate, reliable, and safe. However, users must exercise caution to ensure that the funds are deposited and withdrawn in the manner in which they want and expect. Wire transactions are difficult to reverse so you must be assured that the casino that you patronize is a recognized casino venue which is internationally regulated and supervised. Check the bottom of the casino's website to make sure that it's an eCOGRA (eCommerce and Online Gaming Regulation and Assurance Agency) casino or that it is regulated by the Malta Gaming and Lotteries Authority. These internationally-recognised agencies monitor casinos to ensure that their players enjoy fair gaming practices and safe ebanking transactions. In addition, eCOGRA acts as an arbitrator in cases of player-casino dispute, so if there's a problem, the gamer has an address to which he can turn.

It's important to send deposits through the casino's website and not through an email or any other form of communication. The Australian casino is protected via a 128-encryption code that assures the player that his funds are secured when he proceeds with a wire transfer. There is no such assurance if you send a wire payment to an email or other address.  

Finally, never give out your bank account or credit card numbers in response to an advertisement or text message, email or unsolicited call, even if it purports to come from the casino. The casino conducts all of its fund transfers via its website – if someone sends you a request for a wire transfer in one of the ways indicated above, even if the communication states that it's from your casino, it probably isn't, so don't respond and definitely don't send them any money!

The bank wire payment method offers casino players a secure and efficient way of transferring funds to and from their casino account.