Online banking methods

A guide on withdrawal and banking options at Australian online casinos

Online Casino games are enjoyed by millions of people around the world. This form of gambling has gained popularity ever since the first online casino’s games were launched. There are about 70 countries that allow online casinos. Some of them include Australia, New Zealand, South Korea, Denmark, Finland, France, Germany and some provinces of Canada. 80% of the Australian adults are said to be playing casino games. Hence the Australian players are mostly found playing the online casino games.

Online casino games cut your expenses at the lowest level and provide you the chance to invest your cash for your satisfaction. The important features of casino banking are mentioned below:

Method to make a deposit to the Online Casino Australia

Deposit options

Before you start playing the online casino games, you need to verify your personal details by sending copies of your driving license or passport and you need to confirm the banking details for the deposits and withdrawals. Most of the Australian online casino support withdrawal to credit card, however, this information needs to be verified from the customer support.

You can make a deposit by either using:

  1. Online banking method also called NEFT transaction: Bank transfer method allows you to transfer money from your bank account directly to your casino account. This type of transaction is hassle-free and therefore one of the most convenient methods of the players. People may also use online cheque options at some casinos.
  1. Credit or debit cards: Apart, from bank wire transfer method, players also tend to deposit money using their credit or debit card. There is no need to create a new account; the players may use their existing debit/ credit card details to deposit the money. The supporting cards are; Visa, MasterCard, Maestro, and Amex. It has been observed that many Aussies are not conformable in sharing their credit card details; however, many find it convenient.
  1. Any e-wallet of your choice: There are different e-wallets available in the market nowadays that also offer cashback if the transactions are done through them. Using e-wallet also restricts you from revealing your bank details. Hence, this is also one of the popular modes of transaction. The e-wallets those are supported across all online casinos are:
  • NETeller
  • Skrill
  • Ecocard
  • Entropay
  • iDeal
  • Instadebit
  • My Citadel
  • Paypal
  • Click2pay
  • Clickandbuy
  • Bitcoin
  • Ukash
  1. Cash transfer via Western Union Money transfer: You can also deposit cash through the western union money transfer if you are not comfortable to use the online payment methods.
  1. Prepaid cards: You can also use your prepaid cards to transfer money to the casino account. Neosurf is one of the supported prepaid cards.

Once you have decided upon the banking method, follow the below-mentioned steps for a cash deposit.

  1. Go to the online cashier
  2. Choose your banking method
  3. Enter the details of either of these – debit/credit cards, bank account number and account type, e-wallet address.
  4. Enter the amount you will deposit
  5. Click on Submit

It takes a maximum of 60 minutes for the details to be updated and then you can start your play.

Withdrawal Options at the online casinos

Withdrawal Options and Payment Methods

The withdrawal or the payout methods are the same as deposits. The policy of the Aussie Online Casino is that you will have to withdraw the money with the given is that you make withdrawals using the banking options given deposits. After all the options are filled, you can go with the withdrawals.

  1. You can withdraw your payments with the credit card and that is free.
  2. Withdrawals using wire bank transfer will cost you something extra.
  3. And withdrawal to e-wallets is also free; however, you have to pay a cost when you withdraw funds from your e-wallet.

To make a withdrawal, you need to:

  1. Log in at the online casino using your user ID and password.
  2. Choose the online cashier (banking) and click on the withdrawal option.
  3. When all the withdrawal options are displayed, choose the one that you had chosen for deposits.
  4. Enter the amount that you want to withdraw.
  5. Click on the submit button.

There are withdrawal limits imposed by online casinos. E-wallets and credit cards have lower minimum and maximum limits as compared to the bank wire transfer. Hence this method is suitable for people who want to wager less amount of real money.

Reverse Withdrawal

In a layman’s definition, reversal withdrawal means cancellation of the request for the withdrawal of money. Online casinos have a stipulated period of time after which they start to process your withdrawal request. After you have requested for the payment withdrawal, and wish to change your mind of canceling the request, you may do it within that stipulated time frame and the casino would not start processing your withdrawal request. You would be able to check the account balance on your casino account. This grace period is actually given to the players to fix any error they might make while requesting a withdrawal. For example, if the player has keyed the incorrect amount, they will have an option to cancel that request and set up a new one. Many good online casinos limit the period for the reverse withdrawal to a minimum of 24 hours.

Safety and security precautions

You may have to undergo a distressing experience while banking through any online casino. There are few tips suggested by the Australian Casino. You can practice them for a safe transaction.

  1. Always try to keep your information safe. You may do this by keeping your computer/ mobile virus free.
  2. Check if the data is encrypted. Try to choose the casino that has 128-bit encryption. This is the standard security measure at all FSPs.
  3. When you are using e-wallet as the mode of banking transaction, be sure that the casino of your choice supports the –e-wallet that you have chosen.

Hope all the points discussed above gives you clarity about the banking methods for online casinos.