Bank Transfer Betting Sites

Last Updated: July 22, 2022

Bank TransferIf its bank transfer betting sites you are looking for then this section of Cheeky Punter should be able to assist you.

We’ve researched the best bookmakers which accept bank transfers and listed their deposit time frames, min/max deposit amounts and the bonuses they offer new players on this page.

All of the sites we recommend to visitors have been scored with at least a four star rating in our reviews section and are considered safe and secure operators.

Best Betting Sites With Bank Transfer: Top 9

The following is a list of the best sites for betting using a bank wire or transfer:

1
Bet365
Bet £10 get £50 free bets
BET365 REVIEW
CLAIM BONUS!
Open Account Offer ,Bet £10 & Get £50 in Free Bets for new customers at bet365. Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits & T&Cs apply.
2
Betvictor
Bet £5 get £30
BETVICTOR REVIEW
CLAIM BONUS!
18+ new customers only. Opt in, bet £5 at odds 2.00+ within 7 days of registering, no cashout. Get 2x £10 Free Bets, set events at odds 2.00+. Plus £10 Slot Bonus, selected games, wager 20x to withdraw max £250. 7 day bonus expiry. Card payments only. T&Cs Apply. begambleaware.org | Please gamble responsibly
3
William Hill
Bet £10 get £30
WILLIAM HILL REVIEW
CLAIM BONUS!
18+. Play Safe. From 00:01 on 13.04.2022. £30 bonus. New customers only. Minimum £10 stake on odds of 1/2 (1.5) or greater on sportsbook. Further terms apply. #ad. T&C's apply
4
betfred
Bet £10 get £60
BETFRED REVIEW
CLAIM BONUS!
New UK customers only. Register using the promo code BETFRED60, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. First bet must be on Sports. £20 in Free Bets to be used on Sports, £10 in Free Bets to be used on Lotto and 50 Free Spins (20p per spin) credited within 48 hours of bet settlement. Further £20 in Free Bets credited 5 days after settlement. Bonuses have a 7-day expiry. Payment restrictions apply. SMS verification and/or Proof of I.D and address may be required. Full T&Cs apply.
5
coral
Bet £5 get £20
CORAL REVIEW
CLAIM BONUS!
18+ New UK+IRE customers. PayPal and certain deposit and bet types excluded. Min first £5 bet within 14 days of account reg at min odds 1/2 = 4 x £5 free bets valid for 4 days on sports, stake not returned, restrictions apply. T&Cs apply.
6
888sport
Bet £10 get £30 + £10 casino
888SPORT REVIEW
CLAIM BONUS!
Min deposit £/€/$10 • A qualifying bet is a ‘real money’ stake of at least £/€/$10 • Min odds 1/2 (1.50) • Free Bets credited upon qualifying bet settlement and expire after 7 days • Free Bet stakes not included in returns • Casino Bonus must be claimed within 7 days • To withdraw bonus/related wins, wager the bonus amount 40 times within 14 days • Casino Bonus expires after 60 days • Withdrawal restrictions, payment methods, country & Full T&C’s apply.
7
Paddy Power
Bet £20 Get It Back If It Loses
PADDY POWER REVIEW
CLAIM BONUS!
New customers only. Place your FIRST bet on any sportsbook market and if it loses we will refund your stake in CASH. Max refund for this offer is £20. Only deposits made using cards or Apple Pay will qualify for this promotion. T&Cs apply. Paddy's Rewards Club: Get a £10 free bet when you place 5x bets of £10+. T&Cs apply.
8
unibet
£40 welcome offer + £10 casino
UNIBET REVIEW
CLAIM BONUS!
18+ begambleaware.org. New customers only. Min deposit £10. Money back as bonus if first bet loses. Wagering requirements: all sportsbook 3x at min. odds of 1.40 (2/5), casino 50x. Unless forfeited the sportsbook bonus must be wagered before using the casino bonus. Bonus expires 7 days after opt-in. Full T&Cs apply #AD.
9
boylesports
Bet £10 get £10
BOYLESPORTS REVIEW
CLAIM BONUS!
New UK customers (Excluding NI) only. Mobile exclusive. Min stake £10. Min odds Evs. Free bet applied on 1st settlement of any qualifying bet. 30 days to qualify. Free bets expire in 7 days. Cashed out/Free Bets won’t apply. Payment method restrictions. 1 Free Bet offer per customer, household & IP Address only. 18+. T&Cs apply T&Cs apply.

*Info accurate as of 03-08-2022 for the UK market.

Top Bank Transfer Betting Sites: More Info

  1. Bet365
  2. Betvictor
  3. William Hill
  4. Betfred
  5. Coral
  6. 888sport
  7. Paddy Power
  8. Unibet
  9. Boylesports

Bank Transfer With Bet365

5|5

What are they like?

If you want to fund your account using Bank Transfer then the good news for you is that this payment method is very widely accepted at bookmakers across the world. Therefore, if you want to sign up with a site that offers, this it stands to reason that the highest rated site would be a great choice. For us, that site is bet365 Sport.

So if you fund your account with a bank transfer at bet365, then what will you get? Well there’s a magnificent selection of sports available to bet on, with many markets available on most fixtures. The In Play betting and live streaming services are second to none and there are also additional features such as an extensive Virtual Sports and Esports service.

However, you should be aware that with bet365, if you want to deposit by bank wire or bank transfer, then the minimum deposit they will accept is £100. If you wish to fund your account for a smaller amount direct from your bank account, then the debit card is a better option for you.

Bet365 Review
Bank Transfer Accepted!
Open Account Offer ,Bet £10 & Get £50 in Free Bets for new customers at bet365. Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits & T&Cs apply.

Bank Transfer With Betvictor

5|5

What are they like?

Another betting site that has received the rare 5* out of five award from us and which also accepts payment via bank transfer is the excellent BetVictor. This site has some great betting options available but we feel it excels in particular for football (soccer) betting and combined with a stellar mobile app for iOS and Android, it is a great choice for punters.

Alongside a fine site, BetVictor’s mobile service is also a very good one and the good news is that you can transfer smaller amounts via bank transfer than some other rival bookmakers. One down side is that the site doesn’t offer a huge amount of live streaming, but if that isn’t what you want in a bookmaker then that won’t affect you too much. The good value odds on offer also more than make up for it.

Bank transfer customers can access all the main offers at BetVictor but it is a more time consuming method to fund your account by compared to other methods.

Betvictor Review
Bank Transfer Accepted!
18+ new customers only. Opt in, bet £5 at odds 2.00+ within 7 days of registering, no cashout. Get 2x £10 Free Bets, set events at odds 2.00+. Plus £10 Slot Bonus, selected games, wager 20x to withdraw max £250. 7 day bonus expiry. Card payments only. T&Cs Apply. begambleaware.org | Please gamble responsibly

Bank Transfer With William Hill

4.5|5

What are they like?

One of the foremost names in the British horse racing industry and recognised globally, William Hill has one of the most detailed sites in the online betting industry today and has to be considered one of the best Bank Transfer betting sites. Packed full of features, including its own radio service, it’s only the fact that the site doesn’t offer the best odds on some markets that mean it gets a 4.5/5 star review from us.

Bank Transfer customers can make deposits starting at £25 with William Hill, which is also the minimum amount for a withdrawal from the same method and these typically take between 3 to 5 working days to process.

With a site packed full of fantastic betting markets, including some unusual ones that are not easy to find on other sites, as well as William Hill radio and a very solid range of promotions allied to a decent starter offer, if you want affordable betting by bank transfer, William Hill is a great option.

William Hill Review
Bank Transfer Accepted!
18+. Play Safe. From 00:01 on 13.04.2022. £30 bonus. New customers only. Minimum £10 stake on odds of 1/2 (1.5) or greater on sportsbook. Further terms apply. #ad. T&C's apply

Bank Transfer With Betfred

4|5

What are they like?

Betfred’s generous promotional offer, which includes a great value starter bonus is certainly one to consider if you are wanting to sign up with a bookmaker using bank transfer. The famous site has a number of free to play promotions alongside its standard offers, as well as offering a good range of bets across a number of sports, with horse racing and football particularly strong offerings.

One thing to note with Betfred is that the site requires a minimum deposit of £85.00 or the currency equivalent for all Bank Transfer deposits on the site. The site also advises you to contact customer services once you have made a bank transfer and that your funds typically around two working days to clear.

Betfred is a good value bookmaker for those seeking good value odds, with darts, soccer, horse racing and greyhounds typically offering good value for money and with a fantastic five star rating from us, it is a site that we’d highly recommend.

Betfred Review
Bank Transfer Accepted!
New UK customers only. Register using the promo code BETFRED60, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. First bet must be on Sports. £20 in Free Bets to be used on Sports, £10 in Free Bets to be used on Lotto and 50 Free Spins (20p per spin) credited within 48 hours of bet settlement. Further £20 in Free Bets credited 5 days after settlement. Bonuses have a 7-day expiry. Payment restrictions apply. SMS verification and/or Proof of I.D and address may be required. Full T&Cs apply.

Bank Transfer With Coral

4.5|5

What are they like?

Coral have become one of the most familiar names in betting in the UK thanks to their presence on the high street and also their online service. It is fair to say that Coral has improved a lot over the years and it is now one of the better online sites for customers as our 4.5/5 star review shows. The site also accepts bank transfer payments too.

However, the hepp section at Coral reveals that the company does not accept bank transfer as a payment method, which is a little odd as they do process withdrawals using bank transfer with a minimum withdrawal amount of £5.

That’s a little annoying if you want to use bank transfer for a specific reason but remember that you can use your Debit Card to fund your Coral account and gain access to the sites good value betting and promotions.

Coral Review
Bank Transfer Accepted!
18+ New UK+IRE customers. PayPal and certain deposit and bet types excluded. Min first £5 bet within 14 days of account reg at min odds 1/2 = 4 x £5 free bets valid for 4 days on sports, stake not returned, restrictions apply. T&Cs apply.

Bank Transfer With 888Sport

4.5|5

What are they like?

If you like casino gaming along with your sports book betting, then the 888 Sport introductory offer is just perfect for you. Not only that, but you can sign up using bank transfer too. The sister site of 888 Poker and 888 Casino, 888 Sport offers generally better than average odds and has excellent betting options for a wide range of sports and what I like about this site in particular is that it is making small improvements all the time.

888 Sport do offer Bank Transfer, although it is called Wire Transfer on the site. However, I have to be honest and say that the site isn’t as well organised for bank transfer payments as some of its rivals and getting the details to make a transfer, and what the limits are for depositing and withdrawing cash are not altogether clear.

That’s a pity because there’s lots to admire with the 888Sport site and although you can use bank transfers to fund your account with the site, it isn’t one of the easiest methods for customers to use.

888Sport Review
Bank Transfer Accepted!
Min deposit £/€/$10 • A qualifying bet is a ‘real money’ stake of at least £/€/$10 • Min odds 1/2 (1.50) • Free Bets credited upon qualifying bet settlement and expire after 7 days • Free Bet stakes not included in returns • Casino Bonus must be claimed within 7 days • To withdraw bonus/related wins, wager the bonus amount 40 times within 14 days • Casino Bonus expires after 60 days • Withdrawal restrictions, payment methods, country & Full T&C’s apply.

Bank Transfer With Paddy Power

4.5|5

What are they like?

If you enjoy your betting with a touch of humour, and regular good value promotions, then Paddy Power is worth a closer look. The famous Irish bookmaker also accepts players depositing via bank transfer too which is a bonus. It may lack some of the streaming options of the very top sites, but there’s more than enough on site that makes it deserving of our 4.5/5 star rating.

If you want a site that allows you to deposit smaller amounts via bank transfer, then Paddy Power is the site for you as deposits using this method start at just £5, which certainly is much lower and perhaps more friendly to lower stakes punters.

The site also has its information readily to hand to enable you to set up the bank transfer quickly and easily in your mobile app – there’s even a button to print out the key details if you so wish. As such, we’d really recommend Paddy Power for punters who want smaller stakes betting but want to use lower deposits via bank transfer.

Paddy Power Review
Bank Transfer Accepted!
New customers only. Place your FIRST bet on any sportsbook market and if it loses we will refund your stake in CASH. Max refund for this offer is £20. Only deposits made using cards or Apple Pay will qualify for this promotion. T&Cs apply. Paddy's Rewards Club: Get a £10 free bet when you place 5x bets of £10+. T&Cs apply.

Bank Transfer With Unibet

4|5

What are they like?

With its base in Europe, Unibet definitely has a more European feel to the site than the UK-based betting sites, but that is not necessarily a bad thing. The site has a fine live streaming service, a decent value welcome bonus and a good selection of payment services, including bank transfer. All of which means it deserves its 4* out of 5 review from us.

Unibet accepts bank transfer as a payment method, and it states that it takes between 1-3 working days for the process to be completed. However, the site does not easily list all the details you’ll need to make your deposit via bank transfer, unlike many of its competitors.

The site also says there are no minimum or maximum amounts stipulated for bank transfer payments, but I would exercise a little caution with this site as it is not based in the UK, and I would probably contact customer services before depositing this way to double check what is on the website.

Unibet Review
Bank Transfer Accepted!
18+ begambleaware.org. New customers only. Min deposit £10. Money back as bonus if first bet loses. Wagering requirements: all sportsbook 3x at min. odds of 1.40 (2/5), casino 50x. Unless forfeited the sportsbook bonus must be wagered before using the casino bonus. Bonus expires 7 days after opt-in. Full T&Cs apply #AD.

Bank Transfer With Boylesports

3|5

What are they like?

Rounding out our list of the top Bank Transfer betting sites are Irish bookmakers Boylesports who have a 3 star review with us. This score makes them one of the lower ranked betting services reviewed on our site, but there are a number of factors for that including lower than usual market odds, not the best starter bonus and the fact their in play offering does not match up to some of the other providers in this list. However, the Ireland-based site does offer bank transfer payments.

When it comes to bank transfers, Boylesports do offer customers the chance to deposit to their account using this method and it says that most transactions using bank transfer take between 3-5 working days to be completed. It also says to ensure you reference your account number or username in with the transfer request.

Boylesports are constantly trying to better their offering and whilst they might be a little behind the pack it’s well worth checking out their on-site promotions as the list of extra value offered to punters is growing all the time.

Boylesports Review
Bank Transfer Accepted!
New UK customers (Excluding NI) only. Mobile exclusive. Min stake £10. Min odds Evs. Free bet applied on 1st settlement of any qualifying bet. 30 days to qualify. Free bets expire in 7 days. Cashed out/Free Bets won’t apply. Payment method restrictions. 1 Free Bet offer per customer, household & IP Address only. 18+. T&Cs apply T&Cs apply.

Online Betting With Bank Transfer – What To Know

  • Bank Wire or Bank Transfer services are widely available across bookmakers.
  • Bank Wire can take longer to complete a transaction (up to five days in some cases) than alternatives such as Debit Card payments.
  • Minimum Bank Wire transfer amounts differ between bookmakers and are between £5 and £20.
  • This is a very secure method of payment and details of the transaction will appear on your next bank statement.
  • Debit Cards offer a quicker and more convenient form of the same kind of transaction.

Compare Bank Transfer Betting Sites: Limits & Fees

Bookmaker Min Deposit Withdraw Fees
Betvictor £5 2-5 days 2-5 days 0%
Coral £5 2-5 days 2-5 days 0%
William Hill £10 3-5 days 3-5 days 0%
Paddy Power £5 1-5 days 1-5 days 0%
888Sport £20 2-5 days 5-10 days 0%
Betfred £5 2-5 days 2-5 days 0%
Ladbrokes £10 1-5 days 1-5 days £0-£15
Unibet £10 2-5 days 3-5 days 0%
Betfair £10 2-5 days 3 days 0%
Boylesports £20 2-5 days 3-5 days 0%

Mobile Bank Transfer Betting Sites

All online bookmakers that accept bank transfers now provide both a mobile and desktop service to their punters. That being said mobile apps vary vastly from site to site so if your primary method of placing bets is via your phone we suggest the following as your best port of call…

#1 Bet365 App (Bank Transfer Accepted)
5|5

App stats:

  • Bonus – Bet £10 get £50 free bets
  • Size – 25.6MB
  • Speed – Superb
  • Stability – Excellent – Very stable and easy to use.
  • Compatible – iOS & Android

Bet365’s mobile service is a mirror image of their high quality website in the fact that you get the same wide range of features, the same vast range of sports and markets available, combined with usually great value odds all at your finger tips.

Add to that a great value starter bonus and of course, the ability to fund your account in many different ways, including bank transfer, and you have everything you need to enjoy not just sports betting but a wide range of other gambling opportunities from your bet365 account.

It’s app is the third most popular one of its kind in the UK according to the app store and that should give you every confidence that if you want a top mobile betting service provider, bet365 fits the bill.

The main reason we love Bet365 for bank transfer payments is that they make everything so easy for you. If you log into your account and click on the bank transfer (Bank Wire) payment option, then the site provides you with a page with all the information on that you will need to complete the transaction.

To me, this makes bet365 the best for bank transfers as getting this information together can be tricky on some sites that don’t make it quite so easy for you. However, there is something you should note about bank transfers with bet365.

That is that the site’s minimum bank transfer amount is set at £100, and as such, we would only recommend it to mobile users that are comfortable with depositing this amount, or more in a single transaction.

If you want to deposit less than this and want to use your bank account funds, then a debit card is a better option.

Bet365 App Review
5 out of 5 stars!
Open Account Offer ,Bet £10 & Get £50 in Free Bets for new customers at bet365. Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits & T&Cs apply.

How to Use Bank Transfer / Wire

Bank TransferIn order to use bank wire or transfer money into your account you will either need access to your bank account online, or you’ll need to call your bank to set it up. This is because you cannot set up a bank transfer solely from a bookies website. Fortunately through online banking, setting up a transfer is a relatively simple matter.

Plus most banks now offer customers an app where transfers can be carried out making it even quicker and more convenient to use the method for online betting. Here’s how to do just that:

How To Deposit Using Bank Transfer

The good news is that it is no longer massively time-consuming to set up a bank transfer payment. If you have online, mobile or telephone banking, then you can do this very quickly using any of the three methods.

The easiest way to make the deposit is through your betting site…

  1. Log into your account and then navigate to the deposit section of the site.
  2. Click on the Bank Transfer option (this can also be called Bank Wire, BACS or Wire Transfer depending on your betting site) as the one you wish to use to make a deposit.
  3. At this point, your site should provide you with all the information you need to make the transfer with your banking app or banking website. This will include the name of the account, the bank name, the bank address, the IBAN number, Swift Code, the account number, sort code and lastly the reference you should use.
  4. It is a good idea to screenshot, print out or even take a photo of this information with your phone. It is important that this is 100% correct when you enter it into your bank account in the next stage.
  5. Then you need to head to your online bank account, log into your account and head to the payments section. Click on the option to make a bank transfer to a new payee (or existing payee if you have previously made a payment to the site before).
  6. You will then need to enter the details provided by your betting site to make the payment. Once you have entered the details, enter how much you wish to transfer and click the button to action the deposit.
  7. Once this has been confirmed by your bank, you now need to wait for your bookmaker to receive the funds before they will credit them to your account.

How To Withdraw Via Bank Transfer

It is very easy to make a withdrawal from your betting account to your bank account via bank transfer and indeed, for many betting sites, it is the preferred method of making a withdrawal, especially if you have used the same method to pay funds into your account (or used a debit card linked to it).

  1. To withdraw funds from your betting account via bank transfer, log into your account and head over to the account options or banking section of the site. From here select withdraw and then enter in how much of your withdrawable funds you wish to withdraw (check that this amount meets the minimum withdrawal amount set by your bookmaker).
  2. When you have entered this, simply click the bank transfer option to facilitate the withdrawal and then click the button to start the process.
  3. You should then receive your funds between 1 and 10 days after you have made the request and depending on whether any verification is asked for by the betting site.

Pros & Cons of Bank Transfer Betting Sites

Let’s take a look at some of the main advantages and disadvantages of using Bank Transfer as a method to run your betting account.

Pros

  • Widely Available – Basically if you use a bank account and live in a country where online gambling of any form is legal, then you should be able to use your bank account to make bank transfers to and from your betting site.
  • Easier To Set Up Nowadays – In the past, it used to be a very labour intensive task to set up a bank transfer, often involving a lengthy call to your bank or sometimes having to go and visit a branch to set up the transfer in person. Nowadays, with the advent of mobile and online banking, as well as telephone banking, it is much easier to set up bank transfer payments.
  • Extremely Secure – Given that only you should have the details (including the security details) of your account, and that your bank will have rigorous security in place to avoid fraudulent access to accounts, then bank transfers are an extremely secure way of transferring money.
  • Widely Used For Withdrawals – Many betting sites will process withdrawals using bank transfer initially as it is a very secure way of sending cash back to you.
  • Low Minimum Deposit Amount – With most betting sites, the minimum deposit you can make ranges from just £5 up to £20, with the majority offering £5 or £10 as the minimum deposit amount using bank transfer which makes this an accessible payment method for almost all punters.
  • No Fees – Bank Transfer transactions should not incur any fees when you make them.

Cons

  • Processing Time – Bank Transfers are one of the slowest forms of payment systems used to fund your betting account. Transactions can take anywhere from one day to ten days, with an average of between 3-5 days for transactions to be completed. There is a similar delay in receiving funds when you make a withdrawal and are paid via bank transfer.
  • Debit Card Alternative – Perhaps the biggest strike against Bank Transfer payments is the fact that you can use a debit card linked to your bank account to make payments from it, but these payments will be processed instantly, making it a much quicker method to transfer funds direct from your bank account.
  • Phishing – Fraudsters and criminals can target individuals with Phishing Scams in an attempt to harvest their account log in and data. As such, you do need to be aware of Phishing scams and emails and what to do should you be targeted by one, or become the victim of such a scam.

Countries Where Bank Transfer Can Be Used For Betting

Bank Transfers have been used worldwide across banks around the globe for many years and every country that has any kind of banking system, will offer bank transfers to its customers.

So essentially, if you live in a country where gambling is permitted, legal or even just tolerated even if the legality of gambling is something of a grey area, then you should be able to use bank transfers to fund your betting.

Also, given that many betting sites prefer to pay people via bank transfer, it is common sense that this will be one of the most ubiquitously available methods of payment and withdrawal around the world.

Security: Stay Safe With Bank Transfer

We have already mentioned that one of the drawbacks about bank transfer payments is the time they take to process. However, the flip side of that is that they have a number of benefits too, especially when it comes to how secure a form of payment they can be.

Account Access

Account AccessWhether you set up your bank transfer online, on mobile, at a high street bank or over the phone, only you and your bank should have access to your account. This makes them very secure as the high level of security your bank has in place to protect you and your account, makes it very difficult for people to gain access to.

One way people do that is via phishing scams, where they will send fraudulent but convincing emails purporting to be from a bank or similar, which will ask you to enter your bank details on a fake website.

As such if you are not convinced that an email or phone call from your bank is real, you should always err on the side of caution, do not enter any details and call your bank to check.

An easy way to check whether an email is real, is to check the senders email address. Many will be slightly different to your bank accounts genuine email address or may be completely different.

Maintaining A Secure Bank Account

Simple Additional Checks You Can MakeOther security features for bank transfers are just general good advice on keeping your bank details secure. For example, you should never give out the details of your account to anyone other than a reputable company.

Similarly, your bank will hold security information about you on their database that is linked to your account. This can include passwords (which may be used for telephone banking), personal details such as phone numbers, addresses etc.

It is always a good idea to ensure that the data the bank has for you, especially in terms of security, is kept right up to date.

About Bank Transfer

Bank Transfer, or Bank Wire as it is sometimes known in other parts of the world, is a very secure way of making payment by transferring funds directly from your bank account, to another account.

This can be to a retailer’s account, an individual’s account, or to an account that you own, such as a bookmakers betting account.

In truth, Bank Transfers are used much less frequently these days due to a couple of key reasons. Firstly, it is a relatively slow method of payment, often taking a few days for payment to clear through the systems.

Another reason is that the advent of debit cards means that you can use debit cards to the same effect as a bank transfer, i.e. they transfer funds from your account to another, but these transactions are instant and so much quicker.

Finally, with online and mobile banking now readily available, there are other options available to customers that are generally much quicker and more convenient to use than making a bank transfer payment.

How Does Bank Transfer Work?

Getting Help With Bank Transfers

Given Bank Transfers are the responsibility of you and your banking provider, the contact information you should use for making a bank transfer is likely to be the customer services option for your bank.

Different banks have different customer services options but most include a Live Chat facility nowadays, as well as a phone number you can call and an email address for any enquiries.

Bank’s may also have social media accounts and you can contact them there about a query, although they may only direct you on to a customer services representative if they cannot help you resolve your bank transfer query.

Bank Transfer History

Bank Transfers have been around for a long time, well before online banking was a reality. It was always possible to call your bank and ask them to set up a transfer of funds from your account to another company. This usually involved a lengthy conversation with your bank, and sometimes required you to visit the bank physically to set up a mandate for the transfer.

The advent of the Internet and online banking has made this process considerably easier. Usually, you can set up a bank transfer from your online website, or through an app if you have mobile banking available.

One thing to note here though is that using a Debit Card has taken over the role of using bank transfers in recent times. This has some advantages over using a bank transfer, ostensibly debit card transactions are usually instantaneous and they are essentially performing the same task (transferring money from your bank account, to another account).

Bank Transfer Betting FAQs

Your questions answered...

How Long Do Bank Transfer Deposits And Withdrawals Take?

For a deposit into your betting account via bank transfer, this can take between 1-5 days dependent upon your bank. For withdrawals, this can take anywhere between 1 and 10 days to receive your cash via bank transfer, with an average of around five days.

Will I Get The Welcome Offer If I Use Bank Transfer?

Yes, all bookmakers that accept Bank Transfers allow customers using the methord to qualify for their welcome bonus. However, be aware that using bank transfer can see it take a while for your deposit to go through, so you won’t be able to access your cash and the offer as quickly.

Are There Any Fees If I User Bank Transfer?

No, or rather there should not be. It is very rare for a bank or betting site to impose any fees for bank transfer payments and usually they are free of charges.

Is Bank Transfer Safe To Use With Betting Sites?

Yes, all the best Bank Transfer betting sites listed on this page can be considered to have safe and secure banking process. The fact that only you should be able to access your bank account and facilitate a transaction makes the method one of the safest possible. Combining that with the security afforded by your bank means that this is a very secure way of transferring funds.

Are There Any Similar Deposit Options?

Yes, Debit Cards perform essentially the same task as making a bank transfer, but they are much quicker at transferring funds between your bank and betting site account. As such, debit cards tend to be used more often for payments by online punters.

See Other Deposit Options: