Payment Mode: Bank Transfer

The bank transfer, that is, the transfer of money between two bank accounts, is the most basic of the means of payment, which does not mean it is the simplest to perform. Much of the online Australia casinos accepts this form of payment, but there are several requirements to be met, in terms of maximum limits, provision of personal data, etc. Some casinos only accept bank transfer as a way of lifting (of gaming premiums), not payment.

How does the bank transfer work on a casino platform?

In terms of concept, bank transfer is quite simple. Online casino should provide your WERE GOING (English acronym for "International bank account number) or BIC (acronym for" bank identification code "). Then the user should indicate to his bank (whether at the counter, in a Cash Machine or "HomeBanking") that intends to transfer a certain amount to that IBAN or BIC.
Remember that the casino will receive an amount coming from a bank account on your behalf, but the assignment of this amount to your casino player account may not be automatic. After performing the transfer, it should be necessary to the casino and present the transfer proof to facilitate the conclusion of this process.

What is the difference between IBAN and NIB?

IBAN, whose use is now mandatory in transfers in place of NIB (bank identification number), but is not than the NIB itself preceded by the particle "pt50", which identifies Australia (i.e. in case the account is open in a bank Australian). In practice, IBAN is "PT50 + NIB".
IBAN will only begin by PT50 if the casino's bank account is open on a foreign bank.

To take into account when choosing the bank transfer as a means of payment

In addition to requiring later validation, the bank transfer is not normally instantaneous. Some business days may be required to complete, depending on the banks involved and also the way the casino will associate the transfer to the player's identity. This process becomes simpler after the first transfer is made, because then the casino can already interconnect the player account with the bank account. In any case, the provision of some personal data is almost always rule.
If you want to make an instant bank transfer, additional fees may be charged.
In any case, the procedure is relatively simple and accepted by the generality of Australian online Australia casinos.