Bank Transfer Casino: Discover the Best Bank Transfer Casinos in Australia

Nathan Reynolds

Are you looking for an instant bank transfer casino?

Bank transfers are a popular payment method at online casinos, because they’re safe and familiar. Unfortunately though – they’re not instant.

If you’re looking for instant bank transfers, we recommend checking out PayID casinos. PayID typically offers instant transactions, unlike traditional bank transfers, which can take a few days.

But if you’re happy to wait, a bank transfer casino offers plenty of benefits!

Our experts have compiled a list of the best gambling sites that offer bank transfers for deposits and withdrawals.

We’ll also explain how bank transfers work at online casinos, discuss the pros and cons of using this payment method, and much more.

Let’s get started.

The Best Bank Transfer Casinos 2024

Best Bank Transfer Casinos at a Glance

Type of Bank Transfer Casino Casino
Best-rated casino Olympia Casino
Best online pokies casino PlayAmo Casino
Best new casino Posido Casino
Safest casino Hugo Casino
Best mobile casino Rooli Casino

Bank Transfer Casinos We Recommend

Let’s take a look at some of our recommended casinos in more detail.

Olympia Casino

4.44 / 5

Pros:

  • Offers a more than generous welcome bonus
  • Offers many different payment and banking methods
  • Generous welcome bonus up to $10.000
  • 24/7 customer support is available
  • Mobile device compatible

Cons:

  • The service is restricted in some countries
  • Limited payment options in some counties
  • There’s no sportsbook for sports gambling

Olympia Casino

Olympia Casino offers over 3,000 games and a generous welcome bonus. Its simple navigation makes it easy to find what you’re looking for – whether you’re new to online casinos or a seasoned player.  The casino supports multiple currencies and offers 24/7 customer support via various platforms, including WhatsApp.

The casino offers a range of payment options, including bank transfers. The deposit and withdrawal processes are straightforward, with withdrawals via transfer typically taking 2-4 days.

Cash bonus with 1st deposit $1000
Free spins with 1st deposit 25
Wagering requirements 30x / 20x
Terms and conditionsTerms and conditions apply. Play responsibly | 18+

PlayAmo Casino

4.41 / 5

Pros:

  • An impressive collection of 2000+ games
  • Supports crypto and FIAT payment options
  • An exclusive mobile gaming experience
  • Lucrative deposit bonuses and promotions

Cons:

  • Limited regular promotions
  • Restricted in many countries
  • Bonus wagering requirements

PlayAmo Casino

PlayAmo Casino offers over 2,000 games, including online pokies, table games, and live dealer options. Australian players can enjoy a generous bonus of up to $500 and 100 free spins. The casino ensures secure transactions, supporting various payment methods like bank transfers, which are processed within 1-3 business days for withdrawals.

PlayAmo Casino’s strong suit is mobile compatibility. The site is optimised for mobiles, and you can access all features, bonuses, and games on the go without needing an app.

Cash bonus with 1st deposit $500
Free spins with 1st deposit 100
Wagering requirements 50x / 50x
Terms and conditionsTerms and conditions apply. Play responsibly | 18+

Quickwin Casino

4.28 / 5

Pros:

  • 4000+ games to play
  • Amazing welcome bonus
  • Great VIP program
  • Crypto accepted
  • Heaps of ongoing promotions

Cons:

  • Unlicenced casino
  • Limited banking options
  • Limited jackpot games

Quickwin Casino

Quickwin Casino has over 4,000 games to suit all types of players. Aussies benefit from a welcome bonus of up to $750 and 200 free spins. The casino supports bank transfers for deposits and withdrawals, typically processing transactions within 3-7 business days.

The mobile experience at Quickwin Casino is seamless. You can access your favourite games and features via mobile so it’s convenient for gaming on the go!

Cash bonus with 1st deposit $750
Free spins with 1st deposit 200
Wagering requirements 35x / 40x
Terms and conditionsTerms and conditions apply. Play responsibly | 18+

Nomini Casino

4.41 / 5

Pros:

  • A rich collection of 4000+ casino games
  • Multiple secure payment methods
  • Powered by 40+ software developers
  • Accepts FIAT and cryptocurrencies
  • Instant customer support via live chat

Cons:

  • Restricted in multiple jurisdictions
  • Long withdrawal times
  • High wagering requirements

Nomini Casino

Nomini Casino also boasts plenty of games! There are over 4,000 games from top developers like NetEnt and Evolution Gaming. You can access various payment methods, including transfers from your bank. Withdrawals typically process within 3-5 business days.

The bonus offer is also generous – up to $1,750. Making it an attractive choice for new players.

Cash bonus with 1st deposit $1750
Free spins with 1st deposit 0
Wagering requirements 35x / 0x
Terms and conditionsTerms and conditions apply. Play responsibly | 18+

Revolution Casino

4.21 / 5

Pros:

  • 5000+ games to play
  • Amazing welcome bonus
  • Top VIP programme
  • Great customer support
  • Crypto accepted

Cons:

  • No casino licence
  • No iOS or Android app
  • Limited mainstream payment methods

Revolution Casino

Revolution Casino offers over 5,000 games, including pokies, table games, and live dealer options. Australian players can enjoy a deposit bonus of up to $750 and 200 free spins, along with regular promotions and a VIP program. Bank transfers are supported, with withdrawals processed within 3-7 business days.

Despite its extensive game library and attractive bonuses, Revolution Casino operates without a major licence, which may concern some players.

Cash bonus with 1st deposit $750
Free spins with 1st deposit 200
Wagering requirements 35x / 40x
Terms and conditionsTerms and conditions apply. Play responsibly | 18+

What is a Bank Transfer and What are Bank Transfer Casinos?

A bank transfer is a method of moving funds directly from one bank account to another. It’s done electronically and automatically by providing account details to facilitate the payments. You can move money locally, nationally or internationally. An international bank transfer is known as a wire transfer.

When you make bank transfer payments at an online casino, you transfer money from your personal bank account to the casino’s account. And vice versa for withdrawals.

A bank transfer casino is an online casino that accepts bank transfers as a payment method.

How to Deposit at Casinos with Bank Transfer?

Depositing at a casino using a bank transfer is straightforward and secure.

Here’s a step-by-step guide to help you get started:

  1. Log in: Before you can make a transfer you need to log in to your casino account or create a new account.
  2. Head to the cashier’s section: Once logged in, navigate to the cashier or banking section of the online casino.
  3. Select your payment method: There will be a list of available payment options to choose from. Click on bank transfer to get started and enter how much you want to deposit. Follow the prompts to make the transfer.
  4. Confirm the transaction: Once confirmed,  just wait for the funds to appear in your casino account. Depending on your bank and the casino, processing can take a few business days.

How to Withdraw from Casinos with Bank Transfer?

Withdrawing from a casino using a bank transfer is also really simple.

Follow this step-by-step guide to get your winnings:

  1. Log in to your casino account: Like deposits, ensure you’re signed in to the online casino to access your winnings.
  2. Navigate to the withdrawal section: All casinos have a cashier or banking section where you can request a withdrawal.
  3. Select payment method: Like for deposits, choose bank transfer for your withdrawal method and type in how much you want to withdraw and your banking details. This typically includes your account number, BSB and account name. You may also be asked for a SWIFT code, which you can find on your bank’s website or with a quick Google search.
  4. Confirm the transaction: Once you’ve confirmed the transaction, wait for the funds to be transferred to your bank account. This can take a few business days.

Note: Some casinos will only accept withdrawals to the same bank account you used to make your deposit.

Is it Safe to Use Bank Transfers at Online Casinos?

Yes, using a bank transfer at an online casino is considered safe.

Most banks in Australia use Transport Layer Security (TLS) encryption to protect your financial data during transactions.

Because banks and financial institutions in Australia are regulated by the Australian Securities and Investment Commission (ASIC) they need to meet strict security standardsASIC - Banking
https://asic.gov.au/for-consumers/banking/#:~:text=ASIC%20regulates%20banks%20and%20financial,your%20bank%20or%20bank%20account #
.

Most banks also provide customer support via phone or live chat. And offer features for chargebacks and other buyer protection mechanisms.

Visit your bank’s security page for more details on their security features.

Why Use Bank Transfers at Online Casinos?

This payment type offers high security and reliability.

It gives you a direct way to move funds to and from your casino account without having to use any third parties, like an e wallet or digital mobile platform. Which can help reduce the risk of fraud.

However, they’re typically slower than other payment methods and may incur higher fees.

Let’s take a closer look.

Pros and Cons of Bank Transfer Casinos

Here are some advantages and disadvantages to consider if you're thinking of playing at bank transfer online casinos.

Pros

  • Bank transfers use robust encryption methods, ensuring safe transactions.
  • Direct transactions between bank accounts help to reduce the risk of fraud.
  • Many online casinos in Australia support bank transfers.
  • Not using third party payment options helps reduce security threats.

Cons

  • Deposits and withdrawals can take several business days to process.
  • Higher fees compared to some other payment methods.

Bank Transfer Limits, Fees, and Charges

We’ve examined the limits, fees, and costs of using this payment option at online casinos.

Let’s take a look.

Deposit Limits and Fees

The maximum deposit limit is typically set by the casino.

Depending on your bank, there can be a range of transaction charges and currency exchange fees.

Domestic bank transfers are often free, especially if you’re making an online transfer. But if you’re sending money overseas, the fees can vary. At some of Australia’s biggest banks, it can cost between $10 and $32 to make an international bank transferWise - How to Transfer Money to Account
https://wise.com/au/blog/how-to-transfer-money-to-account #
.

In addition to bank transfer charges, the casino may pass on a small percentage cost to players for every transaction.

Check out the T&Cs of transfers with your local bank and your chosen casino to avoid any nasty surprises!

Feature Detail
Maximum deposit Varies by casino, typically $5,000
Minimum deposit Approximately $20
Transaction fees Varies – depending on your bank
Currency exchange Applicable if using different currencies

Withdrawal Limits and Fees

The maximum withdrawal limit is set by the casino – not your bank.

Like deposits, every bank will have different terms and conditions, including fees, for making transactions. We recommend checking with your individual bank to find out more.

Also check out the T&Cs of the online casino site.

Feature Detail
Maximum withdrawal Varies – set by the casino
Minimum withdrawal Set by the casino
Transaction fees Varies – depending on your bank and casino
Currency exchange Applicable if using different currencies

Other Limits and Fees

There is typically no sign-on fees when you open a bank account, but depending on your bank there may be monthly service fees.

This can depend on the type of account you have and the individual fee structure of your bank.

For example, if you have an Everyday account with the Commonwealth Bank, your monthly account fees will be waived if you deposit at least $2,000 monthly. You also won’t pay a fee if you’re under 30 years oldCommonwealth Bank - Everyday Banking
https://www.commbank.com.au/banking/everyday-accounts.html#:~:text=Monthly%20account%20fee%20waived%20for,under%2030%20years%20of%20age #
.

ANZ offers a similar feature. Their Everyday account fee (usually $5 per month) is also waived if you deposit $2,000 each month.

Bank Transfer Features, Apps, and Responsible Gambling

We did some research about some of the typical features and apps associated with bank transfers.

And looked into the role banks play when it comes to promoting responsible gambling.

Bank Transfer Features

Transfers made through your bank allow chargebacks. So, if there’s a dispute on your account, you can ask the bank to investigate it and organise a refund.

Most banks usually have decent customer support options (though this can vary between banks!), such as live chat and complaint services.

Banks also feature advanced encryption technology to protect your transactions and personal data. It’s common in Australia for banks to have features like two-factor authentication to help safeguard your money.

For more information on specific features, visit your bank’s website.

Mobile App

Most Aussie banks now offer a banking app for download on your phone. These apps are usually available on both iOS and Android devices.

These apps come with various features, like Touch ID and Face ID. They also often use PINs, email or SMS codes to log in or approve transactions.

Additional advantages include real-time transaction tracking and instant notifications.

Responsible Gambling

Banks often offer features to promote responsible gambling.

All the major banks (including CBA, ANZ, Westpac, NAB, St George and Bank of Melbourne) can set up a gambling block. You can usually activate this straight from your app. You can also contact your bank for supportGamblers Help - Let’s Talk Gambling
https://gamblershelp.com.au/lets-talk-gambling/blocking-gambling-transactions-credit-and-debit-cards/ #
.

Most banks also have support pages related to responsible gambling. They provide links to resources for gambling addiction.

Along with a gambling block, some banks offer other services to help with responsible gambling. For example, they let you create a high balance alert for your accounts or decline gambling transactions when you reach a pre-determined limit.

How to Use Bank Transfer for Online Casinos

To make a transfer, you need to have an Australian bank account. If you need to open a new account with a bank, here’s how:

  1. Choose a bank: Do some research to find an account type and bank that suits your needs. As well as the major big four banks in Australia there are plenty of other established banks and credit unions to choose from.
  2. Fill out an application: If you’re over 18 and can show proof of address some banks will let you open an account online. Otherwise, you’ll need to visit a branch.
  3. Provide ID: You must prove your identity to open an account in Australia. That means showing government-approved ID like your passport or driver’s licence. If you don’t have these, some banks will accept other types of ID, but you’ll need two or more types (e.g., birth certificate and Medicare card).
  4. Wait for approval: Once your account is approved, you’ll receive your account details. To make a transfer, make sure you’ve deposited some money in your account!

The KYC Process

When you create your account you’ll need to undergo a KYC (Know Your Customer) check.

KYC is a standard practice in the Australian financial industry that helps prevent money laundering and fraud.

Licensed Australian casinos also implement a KYC process when you sign up for an account. So expect to be asked to submit your ID when creating your online casino account or the first time you make a withdrawal request.

How We Rate Bank Transfer Casinos

To determine the best casinos, our team look at specific casino review criteria. So we only recommend trusted and respected Aussie sites.

Here are some of the things we look for:

Accept bank transfers

We make sure the casino sites we recommend accept bank transfers for deposits and withdrawals.

Customer service

We check if the casino's support team knows how to support customers who want to use this payment method and we test them on their knowledge.

Limitations

We check if there are any deposit and withdrawal limits at each of the casinos we recommend for making a bank transfer.

Fees

We check out the transaction fees charged by the casino for using this payment method.

Bank Transfer Bonuses and Promotions

Based on our experience, we know how much Aussies love a casino bonus!

We’ve tested all the available casinos to check out the bonuses. We’ve made a bank transfer to activate the bonus to ensure it works, checked wagering requirements and analysed the terms and conditions.

Here are our top three recommended casino bonuses when making wire transfers.

Yes, bank transfers are legal in Australia, including for online gambling transactions.

Because banks operate in a highly regulated industry, transfers are a secure way to make online casino deposits and withdrawals. 

There are no specific restrictions on using bank transfers for online gambling in Australia.

Do Banks Disclose Tax Information?

Banks do have automatic reporting obligations to the ATO for large transactions.

But gambling winnings aren’t taxed in Australia (unless you’re a professional gambler), so even if the bank reports your transactions, there’s no concern about paying any tax on your winnings.

Casinos won’t report on individual player data, but they usually report on general statistics.

Conclusion

Using bank transfers at online casinos in Australia offers high security and reliability. Plus, they’re widely accepted at many online casinos, making them a proven payment method in the online gambling industry.

But if you’re looking for an instant bank transfer, it may be worth looking into other payment options that link to your bank account. Traditional transfers tend to be a little slower.

You’ll also need to feel comfortable inputting your bank details when requesting a withdrawal. If you’d like to remain anonymous, consider an alternative payment method.

But if you value safety over speed, bank transfer online casinos are a great choice. Check out our list to start playing today!

Bank Transfer Casino FAQs

Are there fees for using bank transfers at online casinos?

Yes, there can be fees for using bank transfers at online casinos. The fees are set by your bank and can vary significantly so it's worth checking into before opening an account for use at online casinos. There can also be currency exchange fees that can also eat into your winnings.

How long do bank transfer deposits take?

Bank transfer deposits usually take a few business days to process. The time depends on the bank and the casino's policies. If you're using PayID you'll get an instant transfer, but a standard transfer takes longer.

Can I withdraw my winnings via transfer?

Yes, you can withdraw your winnings via transfer. Withdrawal times generally range from 2-5 business days.

What are the deposit limits for bank transfers at online casinos?

Deposit limits vary by casino but typically range from $20 minimum to $5,000 maximum per transaction.

Is using a bank transfer safe for online casino transactions?

Yes, bank transfers are very secure due to advanced encryption methods and regulatory oversight, making them a reliable option for online casino transactions.

Can I claim casino bonuses using this payment method?

Yes, most online casinos allow you to claim bonuses when making a transfer from your bank for deposits. Always check the casino's bonus terms and conditions to make sure before you sign up!

Nathan Reynolds
Nathan Reynolds
Finance Expert
31 Articles
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Nathan is our in house finance expert. He covers everything there is to know about the various payment options available at online casinos, helping you choose the best payment method for you.

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