Binance Australia Relaunches Fiat Deposits & Withdrawals with PayID and Bank Transfer

2026-01-12
Binance Australia Relaunches Fiat Deposits & Withdrawals with PayID and Bank Transfer

We heard you loud and clear — the most requested feature by our Aussie community is back!

Binance Australia is excited to announce the full rollout of AUD deposits and withdrawals via PayID and Bank Transfer for all users, effective January 16th, 2026.

Simply go to Add Funds › Deposit with AUD, then select Pay With › PayID/BSB Transfer to get started.

Have questions? Check out our popular FAQ article How to Deposit AUD with Bank Transfer on Binance? to learn how to deposit AUD, with a helpful walkthrough video explaining the process.

Limited Time Offer: Deposit 50 AUD, Score A 5 AUD Token Voucher!

To celebrate the relaunch, we’re offering an exclusive promotion:  Deposit 50 AUD or more via PayID or BSB and receive a 5 AUD Token Voucher! 

Rewards are limited and distributed on a first-come, first-served basis. Join the promotion and confirm your eligibility by visiting the Activity Page and clicking ‘Join Offer’ before making your first deposit.*

Promotion Period: 11:00 AEDT 23/12/2025 - 23:59 AEDT 31/1/2026

*Users must click 'Join Offer' prior to making their fiat deposit to be eligible for the reward.

Why trade on Binance in Australia?

With AUD back on Binance, trading just got better. Here’s why we’re Australia’s #1 exchange:  

  • The world’s largest exchange by trading volume

  • Locally registered with AUSTRAC and industry leading security  

  • Low fee spot crypto trading with higher liquidity for the best prices  

  • Trade with leverage using Binance Margin  

  • Earn rewards with On-Chain Yields  

  • Join our local meetups and connect with the Binance community  

Frequently asked questions

I am trying to use PayID/BSB Transfers but it’s not working/delayed?
The PayID/BSB Transfer option is currently being rolled out in phases, and some users may experience temporary delays while we fine-tune the process.

How long do transfers generally take?
Processing times can vary by bank. It’s your first transfer, it may take a little longer

What is the maximum transferable amount?
Transfer limits depend on your bank and your Binance account limits. Individual banks may have their own limits and restrictions on transfers.

Is PayID available for corporate/KYB accounts?
Not just yet, stay tuned for more updates.

I'm having issues with PayID/BSB Transfers
Please contact Binance Support.

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