Australian Bank Transfer: Pros and Cons
It is not a secret that different online casinos are represented by different countries, implying their country of license. What if you live in Australia and like to play at the British casino? Will it accept your Australian bank account? Well, today, having the local Australian bank account is not an issue whatever is the company that represents your playground. Direct bank wire transfers process internationally without any limitations.
However, the downside to this payment method is that the wire transfer takes some time to proceed. It can go up to 10 business days and for the modern players’ demands that might be a considerable amount of time, especially if we are talking about the real money winnings withdrawal. Moreover, it requires some transfer fees that are calculated in percentage that reduces your winnings to some point.
Having said that, using Australian bank accounts and credit or debit cards might be quite a safe method for transferring money for your gambling purposes, as any online transactions like this one are processed via encrypted secure socket layer protocols. Using an electronic wallet with your Australian card reduces the risk even more.
Australian bank transfer is one of the most obvious and traditional ways to send payments online and to receive money from your casino winnings. If you want to use a convenient payment service, pick this one because practically any casino accepts direct bank wire transfers, credit and debit card payments.