On May 18, Binance Australia announced that bank transfer withdrawals and AUD PayID deposits might not go as planned due to a decision made by their third-party payment service provider.
Deposits and withdrawals of Australian dollars have been interfered with as a result of a choice made by its third-party supplier.
Westpac was acknowledged in the Binance statement as an anonymous topic.
The Australian government only banned Binance Australia’s derivatives licence for a little over a month prior to the action.
Clients of Binance Australia were notified that withdrawals made by bank transfer will also be affected and that the exchange was exploring for an alternative source.
