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A wire transfer or bank transfer is arguably the oldest form of sending money from one point to another. As one of the most trusted payment methods, it has been regarded as the best way to transfer money internationally for a long time.
The popularity of the physical bank transfer as a safe deposit option led to the electronic wire transfer, in which it became the cheapest way to send money overseas from Australia.
Gamblers have been using this banking option to fund their account for a while. We listed all the casinos that accept wire transfer deposits in Australia below.
A wire transfer is the digital version of transferring funds from one bank account to another. It is also referred to as a bank wire transfer, in which the depositor of money needs to have a bank account with a local financial institution to process the deposit.
To execute the payment, the depositor must have the correct account details of the recipient and enough funds in the bank account. There are many benefits when it comes to using bank transfer as a payment method at online casinos.
This could take somewhere between days, dependant on your choice of instant bank transfer online casino. Expect faster payouts when you play at any of our recommended instant bank transfer online casinos, compared to other online casinos that accept wire transfers.
This is actually one of the most popular online casino deposit method for US players thanks to its high acceptance rate from online casinos.
Players from the US typically struggle with making deposits with credit cards, but wire transfers are rarely declined, therefore is a popular choice for American players.
Since the transfer is made directly from your bank to the online casino, there is no third party involved, greatly reducing the risk of your personal and banking details being compromised.
There are fees for making wire transfer deposits, but considering the high acceptance rate and top-notch security protection for your private details, many players are happy and willing to pay this fee.
Wire Transfer Online Casinos New to online casino and not sure about what deposit method to use? How We Review and Rank Wire Transfer Online Casinos There are literally thousands of online casinos available at any one time, with new ones being added constantly.
Thankfully, that is not the case with any of our listed online casinos that accept wire transfer. This is because it takes from a few days up to a week to make payments and can be expensive to use.
However, for those of you who prioritize privacy over everything else, perhaps wire transfers for online casinos are the best payment method for you.
The main benefit is that wire transfers are available for anyone to use to make payments. They do not require credit checks or for you to provide personal details or for you to have a current bank account.
Simply make your payment to begin playing. Some banks may query direct payments from your bank account to online casinos, which will put a stop on your account until you talk to your customer service.
This can be frustrating, even though it is done to protect you from fraud, so some players prefer to use alternative methods of payment for online casino use.
There are other ways to make payments to online casinos that are just as secure, but faster and cheaper.
Prepaid cards like paysafecard that are available in local newsagents mean that you can anonymously make payments, instantly.
Making wire transfers to pay for online casinos can incur large processing fees; so always check beforehand how much it is going to be, to avoid costly surprises later.
There can sometimes be substantial fees and long waiting times when making wire transfer deposits, which is why we always advise checking with your chosen casino before making a deposit.
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