Is It Safe?
As long as you stick to legally licensed, reputable, safe and trustworthy Australian online casinos you can play real money casino games with a peace of mind and make safe and seamless casino deposits and withdrawals. All AU casino banking options we list and explain are safe to use and you shouldn’t have any problems with them.
Types of Banking Methods for Australians
The following are the most commonly used online casino banking options suitable for Australian players:
- Credit and Debit Cards. Major card brands can be used as both deposit and withdrawal methods at AU casinos.
- Instant Bank Transfer. Immediately transfer your money to your online casino account using AU preferred instant bank transfer methods.
- Bank Wire. No personal details are revealed using bank wire at casinos.
- Electronic Wallets. Quite popular third party virtual payment processors suitable for fast and efficient deposits and withdrawals at casinos.
- Prepaid Cards. They are excellent for making safe and fast casino deposits.
Credit and Debit Cards
One of the most popular are frequently used AU-friendly casino banking methods are credit and debit cards like Visa, Visa Electron, MasterCard and Maestro. With secure AU casinos like those that use the best SSL encryption technology your credit/debit card information is completely safe and you don’t have to worry about anything.
To make a credit card casino deposit, enter the necessary personal and card details like card number, date of expiry, name and surname, address and the CVV/ CVV2 three-digit number on the back of your card. Then type in or select the amount you want to deposit. Credit and debit cards can also be used as withdrawal casino methods. The same information is also required to make a withdrawal; the difference is that you can only cash out the same amount you have deposited using your card.
To use bank wire at Aussie casinos you have to provide account number and reference information. Then you can proceed with the transfer. Afterwards email the casino that you want to make a bank wire transfer and wait a day or two till the transaction is cleared. The biggest advantage of using this banking method is that no sensitive data like personal details are revealed. On the downside though, such casino transfers are not instant and you will have to wait till you get your money.
E-wallets or e-banks like Neteller, Skrill, PayPal and Click2Pay are excellent methods you can use for casino deposits and withdrawals. To explain the process, let’s consider Neteller. The first thing you have to do is register a real Neteller account at Neteller website and load it with money using a suitable funding method. Then visit an AU casino and select Neteller from the deposit option. Enter your Neteller account and password and the money you want to transfer. The deposit should be processed instantly and without any fees. Cashing out via Neteller is done the same way.
The benefits of using e-wallets at online casinos is that e-bank deposit transactions are immediately processed and cashing out takes no more than 3 days to clear. They also come with reasonably low costs. In addition, you don’t reveal any banking or personal details to the casino when making such transactions. Last but not least, some e-wallets offer players the chance to get an ATM card so they can immediately get their winnings.
Instant Bank Transfer
Poli and MyCitadel are excellent AU-friendly instant bank transfer methods. Australians and players from New Zealand are particularly fond of Poli. As a local payment-only casino method, to use it first you have to select Poli at a casino and then select your bank and enter your credentials. Afterwards, confirm the bank wire transaction. The best thing about using Poli is that your sensitive information is not stored at the casino. However, you cannot cash your winnings with Poli. Instead, most casinos will process winnings cashouts to your bank account and you will have to provide bank details.
Prepaid cards like Ukash and PaySafeCard are another excellent deposit-only Australian casino payment options. They are purchased at retailer shops around the world. To make a prepaid card deposit, you enter the number of the card and the deposit amount at the casino. Prepaid cards cannot be used for cashing out. Instead, casinos offer players the chance to get their winnings via check or another alternative.
More about Withdrawals
The typical withdrawal turnaround times for the above mentioned banking options vary. For example, for e-wallets they are up to 48 hours, although we expect their turnaround time to be within 24 hours. The usual turnaround time for credit cards is up to 5 days, but we consider fast those that take two or three days. Bank wire transfers often have turnaround times of up to 7 days.
Furthermore, when it comes to casino withdrawals, players also have to provide necessary documentation and prove their identity. That is why most casinos have strict KYC or Know Your Customer process. Casinos need a passport copy, utility bill or other ID documentation so as to verify that you are the real owner before they process your first withdrawal, so do not be alarmed. It takes a few days to process this request, but once it is done the subsequent withdrawals are processed faster.