Best Instant Bank Transfer Casinos in Australia

Jaqueline Quintero
Written byWritten by:Jaqueline Quintero

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Jaqueline Quintero

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Jaqueline Quintero, a seasoned online casino writer, brings her wealth of experience to the world of online gambling. With a fresh perspective on the iGaming industry, she consistently delivers exceptional and exclusive content for Betsquare.


 

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Simon Young
Reviewed byReviewed by:Simon Young

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Simon Young

Biography

Simon Young, a former national news editor and journalist, once held the prestigious position of Lead Editor at PokerStars before focusing his editorial talents on Betsquare. His illustrious career journey seamlessly bridges the realms of journalism and online gambling, crafting a unique narrative of expertise and innovation.


 

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Updated on:

Feb 19, 2024, 2:12 pm

Introduction:
Instant Bank Transfers (IBT) are an excellent option as one of the oldest but most reliable casino payment methods. You can easily make a bank transfer via your desktop PC or mobile device for seamless and quick transactions.

If you want a fast and secure option, IBT fits the bill. Casinos typically receive your deposits instantly, so you can start playing for real money without delay. It’s easy to use and safe, with extra security measures employed by your bank. 

We will look at everything there is to know about instant bank transfers at casinos, its benefits and how to use this payment method. We’ve also recommended some top Australian online casinos that all accept IBT as a payment method. So, keep reading our article if you are curious and wondering where to start. 

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ibt AU

Best instant banking Online Casinos – March 2024

With so many Australian online casinos vying for our attention and business, it can be challenging to pick one. That’s where we come in. We have worked hard and selected the best instant bank transfer casinos in Australia. They are all reputable sites with fantastic welcome bonuses and an excellent selection of casino games.

Each site has a gambling license and offers the option to use instant bank transfers as your preferred payment method. Click on our handy links below to get started at one of these IBT casinos in Australia:

1. Lucky7even

A$3000 Bonus + 200 Free Spins

  • Rated with 5 / 5
  • Easy registration
  • 1 hour withdrawal time
  • Free spins
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Slots
Blackjack
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Payment methods Australia

18+. T&Cs and wagering requirements apply. Play responsibly.

2. Boomerang

A$750 Bonus + 200 Free Spins

  • Rated with 4,9 / 5
  • Live casino
  • Premium cashback
  • Fast payouts
More information
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Slots
Blackjack
Live casino
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Payment methods Australia

18+. T&Cs and wagering requirements apply. Play responsibly.

3. Spinch

A$6000 Bonus + 20% Cashback

  • Rated with 4,9 / 5
  • Live casino
  • Fast payouts
  • Free Spins
More information
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Slots
Blackjack
Live casino
Roulette
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Payment methods Australia

18+. T&Cs and wagering requirements apply. Play responsibly.

4. Slots Gallery

A$3000 Bonus + 225 Free Spins

  • Rated with 4,8 / 5
  • Easy registration
  • Free spins
  • Lightspeed payouts
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Blackjack
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Payment methods Australia

18+. T&Cs and wagering requirements apply. Play responsibly.

5. Skycrown

A$4,000 Bonus + 400 Free Spins

  • Rated with 4,8 / 5
  • Live casino
  • Free spins
  • Several Minutes Payouts
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Slots
Blackjack
Live casino
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Payment methods Australia

18+. T&Cs and wagering requirements apply. Play responsibly.

6. Golden Crown

A$10,000 Bonus + 100 Free Spins

  • Rated with 4,7 / 5
  • Live casino
  • Cash spins
  • Easy registration
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Slots
Blackjack
Live casino
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Poker
Payment methods Australia

18+. T&Cs and wagering requirements apply. Play responsibly.

7. Rooster Bet

A$5000 Bonus + 300 Free Spins

  • Rated with 4,7 / 5
  • Live casino
  • Easy registration
  • Fast payouts
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Slots
Blackjack
Live casino
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Dice
Poker
Payment methods Australia

18+. T&Cs and wagering requirements apply. Play responsibly.

8. Polestar Casino

A$3000 Bonus + 225 Free Spins

  • Rated with 4,6 / 5
  • Live Casino
  • Fast payouts
  • Free spins
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Slots
Blackjack
Live casino
Roulette
Dice
Poker
Payment methods Australia

18+. T&Cs and wagering requirements apply. Play responsibly.

9. Bet N Play

A$2500 Bonus + 300 Free Spins

  • Rated with 4,6 / 5
  • Easy registration
  • Fast payouts
  • Free spins
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Slots
Blackjack
Live casino
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Payment methods Australia

18+. T&Cs and wagering requirements apply. Play responsibly.

10. Boho Casino

A$3000 Bonus + 225 Free Spins

  • Rated with 4,5 / 5
  • Lightspeed withdrawals
  • Easy registration
  • Live casino
  • Top rated
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Slots
Blackjack
Live casino
Roulette
Dice
Poker
Payment methods Australia

18+. T&Cs and wagering requirements apply. Play responsibly.

All of the recommended online casinos on our website are carefully selected on the following criteria:

  • Return to player percentage
  • Withdrawal speed
  • Gambling licenses
  • Customer service & Reliability

What Are Instant Bank Transfers?

There are two ways you can transfer money directly from your bank to an online casino. One – you can use a wire transfer, which can take several days for your deposit to reach your account, which makes this one of the least favourable casino payment options.

Two – you can make an instant bank transfer. Instant bank transfers make your money available right away. When you’ve clicked to pay the funds, the bank immediately deposits the money (though, in some cases, it can take a few hours for the funds to show).

Other online casino banking methods involve third parties, such as e-wallet options like Skrill, PayPal, or Neteller. Paying with instant bank transfer is a two-way transaction between you and your bank, and it simplifies the whole process. 

It is also super convenient and safe. Maximum deposit limits are generally way higher than other payment methods if you are a high roller. This method also makes it easier to keep tabs on how much you’re spending on gambling, as you can easily check your bank balance

Pros and Cons of Instant Bank Transfer at Online Casinos

We all have different requirements when we gamble, meaning that your preferred payment method is likely different to that of another player. When you choose an online casino with bank transfer as an option, you can use it for your deposits and withdrawals, unlike some other payment options.

However, depending on your bank, you may have to wait up to a week to receive any winnings, as payouts can be much slower than methods like e-wallets. Not all banks charge fees, but some do, so before you consider this option, check with them if there are any charges. Below are the pros and cons of opting for a fast bank transfer at your chosen online casino in Australia:

Pros Cons
  • Safe and secure
  • Withdrawals at some banks may have delays
  • High deposit limits for high rollers
  • You may incur bank fees
  • Easy to use on all devices
  • You can use instant bank transfers for deposits and withdrawals

How to Start Using Instant Bank Transfers at Online Casinos

If you have decided to use an instant bank transfer at an online casino, you can follow these simple steps to add funds to your account: 

Step 1: Open an account with a bank

You cannot use this method without a bank, so if you have one already, you can skip this step. If you must open one, you can do it all online nowadays from the comfort of your sofa. It won’t take long, but you must provide personal and financial information. 

Step 2: Open the casino’s cashier to deposit

Log in to your casino account and head to the cashier. Select the deposit option and choose instant bank transfer as the method. 

Step 3: Deposit amount and confirmation of the transaction

Next, input the amount you wish to deposit. You will then have to verify the transaction via your online banking. Log in or scan the QR code. You will see the transaction and always double-check it before confirming. You will receive a notification from your bank to inform you that your payment is complete. 

Step 4: Choose the games you wish to play

Once the transaction is confirmed, the funds will instantly appear in your casino account, and you can start spinning the reels on all your favourite pokies for real money. 

Withdrawals at Instant Bank Transfer Casinos

If you have had some luck and want to withdraw your winnings, you can process a casino withdrawal with an IBT. While most Aussie banks process them instantly or within 2 hours, as it is a fast withdrawal method, some take longer. 

Make sure you double-check the average casino withdrawal time for IBTs before processing your payment. Here are the steps required to process a casino withdrawal via IBT:

Step 1: Request your winnings

First, make sure the online casino lets you withdraw with this method. If it does, you can open the cashier page, get to withdrawal options, and select IBT from the list of available payment options. 

Step 2: Withdraw your winnings

Input the amount you want to withdraw and fill in any necessary bank information to make a request. Confirm the transaction and wait for your winnings.

Step 3: Ensure your KYC is up to date

Any of our top instant bank transfer casinos will not process withdrawals if you haven’t confirmed your ID. You can do this by submitting documentation as requested, such as a form of ID and proof of address document. 

Transaction Details of Instant Bank Transfer at Online Casinos

When you play at instant bank transfer casinos, you need to be aware of some of the terms and conditions attached to this payment method. The first and most important thing to check is whether you will incur fees by using an IBT.

When transacting, you can quickly check if the casino has any payment fees on its payment page. The other consideration is whether your bank will charge you for this service. Again, many offer the service for free, but not all. 

An example of fees is as follows:

  • Transfer Fees: Whenever you make a bank transfer, the bank may charge from around AU$15 to AU$20 for the service.
  • Receiver fees: If you were sending an international transfer, either you or the receiver must pay fees, so if you were using an offshore casino, it would cost you more.

Many Australian gamblers prefer to use instant bank transfers because of their ease of use and fast withdrawals once their payout gets released. However, this is not always the case, as IBT withdrawals can take between 3-5 days in some instances. 

What’s more, to transact with this method at instant bank transfer casinos generally requires a minimum deposit of AU$10 to AU$30. For withdrawals, it’s usually the same minimum amount. The maximum sum of withdrawals allowed is typically between AU$5,000 to AU$10,000.

Safety of Instant Bank Transfers

Your financial privacy should be one of your primary considerations when deciding whether to play at an instant bank transfer casino. IBT is actually one of the safest ways to transact with an online casino, as no third party is involved, and the fees are transferred directly from your bank account to the online casino.

Instant bank transfers also are subject to anti-fraud measures. If your bank suspects dodgy activities, it will contact you by text message to inform you. If the payment is not yours, you can let the bank know, and they will cancel the transaction and help you re-secure your bank account. 

On top of the high levels of security you receive via your bank, all our recommended Australian online casinos have their own security protocols. It includes SSL encryption software that encrypts your data. These innovative and modern technologies from casino sites and banking institutions mean it is one of the most secure payment methods and why it remains so popular. 

Conclusion

Choosing a payment method to fund your casino account can seem like a minefield with many options available to players. While each method has advantages and disadvantages, it depends on your preference of what will suit your gambling requirements best.

The beauty of playing at instant bank transfer casinos is that you get double the security. Your Australian bank and the online casino will have stringent measures to ensure complete financial security with your casino transactions. This method has many advantages, such as keeping tabs on all your gambling transactions in one location.

However, although most banks process instant bank transfers instantly, some have delays. So before considering this payment option, check in with your bank for their time frames. Also, check fees, as most are free, but some banks may have charges.

Other payment options

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Sources:

Our team of experts diligently monitors the online casino industry, ensuring our articles remain current and relevant by promptly incorporating the latest available information.
Current Version
Dec 7, 2022
Written By
Jaqueline Quintero
Edited By
Simon Young

FAQ

How popular are instant bank transfer casinos in Australia?

They are very popular. Players love not opening a third-party account to transact with online casinos. You can usually pay quickly with instant deposits and withdrawals directly from your bank account. 

Are instant bank transfer casinos safe?

Yes, they are. You not only have the bank’s watertight security features, but the online casino will also have its security features to provide an extra secure payment experience. It is one of the safest payment options. If your bank suspects fraudulent activities, they will notify you immediately, and you can reject any payment requests. 

Can I claim welcome bonuses and other promotions at instant bank transfer casinos?

Yes, you certainly can. Most sites allow instant bank transfer payments to claim the welcome bonus and other promotional offers. If you must input a promo code to claim, ensure you put it in when you deposit with your instant bank transfer. Some casinos may only require a simple opt-in before you deposit. 

Can I withdraw my winnings with an instant bank transfer?

Yes, you usually can. Most online casinos that accept it will also let you withdraw funds. However, some may only accept it as a deposit option, and you must use another payment method to request your casino withdrawal. All this info is on the casino site’s payment or cashier pages.

Can I use an instant bank transfer outside of Australia?

Yes, you can. Many countries accept it. We always recommend you only play at regulated and licensed casinos, so make sure it’s legal and players from Australia are allowed before you register and deposit. 

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