The main features of casino banking for Australians
Australian players who are going to gamble for money, should learn everything about casino banking for Australians beforehand. The most important moment here is that a player can use almost all payment methods to make a deposit, but when it comes to a withdrawal operation, only a few systems of payment will work here.
Casino banking for Australians: types of payment methods
In whole, casino banking for Australians does not differ from those systems that work for Americans, Canadians, or Europeans, but is a bank is involved here, it is the AU bank. The following methods of payment are available for the Green Continent residents:
- Bank cards (both credit and debit);
- e-Wallets (especially UPayCard);
- Bank Wire;
- Prepaid (NeoSurf and PaySafeCard) cards;
- Local casino banking for Australians (like POLi);
- Bank transfer (instant);
- Casino mobile banking methods;
- Crypto payments involving popular cryptocurrencies like BTC, Litecoin, Bitcoin Cash, etc.
Each casino chooses its own payment systems. In a case of BTC casinos, cryptocurrencies are in favor, and there, exchange casino operations are added.
Not all of the systems mentioned above work when a gambler wants to withdraw his money from his casino account. For example, NeoSurf is only for deposits. On the other hand, Bank Transfer works is both directions. The minus of the latter is the long-time waiting for a transaction: sometimes, it reaches 3 or even 5 days. In Bitcoin casinos, gamblers can withdraw their wins to BTC wallets instantly, and this is the biggest plus of a crypto choice for gambling.
Banks cards to withdraw wins
As for the casino banking for Australians, players that use MasterCard in Australia do not have the possibility to withdraw their wins there. VISA is a more popular method here. Prepaid cards do not work as well.
Fees and time for withdrawal wins
If a player can replenish his account for free in most cases, some payment systems take a fee for the transaction. For example, Bank Transfer can cost 50 dollars. As a result, it is used mostly for big wins. Additionally, players that choose this method, get casino banking bonuses.
The time that is taken for these operations depends on the system. With cryptocurrencies, it is under 30 minutes. With e-Wallets, the procedure can last up to 24-48 hours (maximum). Bank Transfer can take up to 3 days, while the Bank Wire can last almost a week. The KYC documents provided (IDs, bills, etc.) shorten the time for these transactions.
The payment system that is chosen by a player when he registers in a casino can be changed further. For instance, gambling, a player decides to start working with cryptocurrencies and opens his Bitcoin wallet. In this case, he can add this wallet to the casino banking operations, and use it without limitations in time.