Bank Transfer Betting Sites in the UK
Bank transfer is still one of the most widely accepted payment options for betting. Punters have been using bank transfer since online betting became a thing; it was one of the first payment methods available. With the arrival of new forms of online payments, such as e-wallets and prepaid cards, the popularity of a bank transfer has dipped somewhat. However, most of the online bookies still allow you to deposit and withdraw using this payment method.
One of the most important things do is choose a payment method you are most comfortable with. In this comprehensive bank transfer betting sites review, we will detail both the good and the bad points about using bank transfer as a payment method for online sportsbooks. Additionally, you will also get to know the top-rated betting sites to support bank transfer. If you are considering using this payment method, our review can help you make an informed decision on whether or not bank transfer is the right choice for you.
The Top UK Bank Transfer Betting Sites
If you are wondering what the best online bookies in the UK to support bank transfer are, your search is over. We have listed below the best and most popular bank transfer betting sites to save you a long search. When deciding who should make the cut, we took into consideration things like expected withdrawal times, additional fees, whether bank transfer deposits are eligible for the welcome bonuses, as well as several other important factors.
Top 7 Bank Transfer Betting Sites
100% profit boost of up to £100 of winnings on first bet - mobile only
T&Cs apply • New reg only • Claim by placing a min deposit £10 via "My Offers" page within 30 days • Skrill/Neteller deposits excl • 7 days to stake max £10 in-play • Max. extra winnings £100 • 18+ • BeGambleAware.org • Full T&Cs Apply #ad
Up to £50 in Bet Credits
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 and Full T&Cs Apply.. 18+ begambleaware.org • #ad
|William Hill Review||
Bet £10 Get £30
New online customers only • Min £10 stake • Win only • Min odds 1/2 • Free bets paid as 2x £15 • 30 day expiry • Free bet/payment method/player/country restrictions apply • Full Terms Apply • 18+ • begambleaware.org #ad
£40 Money Back Offer
18+ begambleaware.org • New customers only • Min deposit £10 • Money back as bonus if first bet loses • Wagering: sportsbook 3x at min. odds of 1.40 (2/5), casino 35x • Sportsbook bonus must be wagered before using casino bonus • Bonus expires 7 days after opt-in • No deposit required for NI customers • Call 08081699314 to claim • Full T&Cs Apply #ad
|Paddy Power Review||
£30 Cashback Offer
New customers only • Place your FIRST bet on any Football market and if it loses we will refund your stake in CASH • Max refund for this offer is £30 • Only deposits made using cards will qualify for this promotion • Full T&Cs Apply #ad
Up To £10 Free Bet
Min deposit £10 • Max stake £10 • Min odds 1/1 (2.0) • Max free bet £10 • Horse racing excluded • System bets excluded • Deposit restrictions apply • FreeBets expire after 7 days • Full T&Cs apply • 18+ #ad
£50 Free Bets & 50 Free Spins
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 #ad
Bank Transfer – One of the Safest Payment Methods There Is
Most punters choose to place bets using bank transfer because it is one of the safest online sportsbook payment methods available.
Another great thing about bank transfer is that it’s widely accepted. Almost all online bookies offer bank transfer both as a withdrawal and deposit method. Unlike Skrill or Neteller, you won’t find many welcome bonuses that have restrictions on bank transfer deposits, which is another advantage to using this payment method.
Once you have decided what bank transfer betting site you want to proceed with, everything regarding deposits or withdrawals should be pretty straightforward. Simply register for your new online betting account, go to the deposit page, choose bank transfer from the list of available payment methods and enter the amount you wish to deposit. Once you have done that, your funds should be in your betting account within a few working days. A little slow compared to others, granted, but if it’s the only option for you, then you need to wait. Another plus is that you won’t usually be charged any fees when making a bank transfer deposit.
How to Deposit by Bank Transfer
You move the money directly from your bank account to the bookie’s bank account. It means that before you can start betting, you’ll have to have an open bank account if you don’t already have one. After you have done that, just choose some of the bank transfer bookmakers and register for a new betting account. Once you have decided where you want to play, follow the instructions outlined below, and you’ll be ready to start placing bets in no time.
- Register for your account with some of the best UK bank transfer betting sites
- Go to the deposit page
- Choose bank transfer from the list of payment methods
- Enter a deposit amount and a bonus code if there is one
- Set up a payee with your bank by adding the bookie’s account details
- Authorise the payment
- Once the money is sent to your account, you will ready to start placing bets
Note that if you are not using the UK based bank account, or your bookmaker’s bank account is not from the UK, you would need to fill in a few more fields, such as IBAN, BIC, and SWIFT. Check out the table below for more info about depositing via bank transfer.
|Betting Site||Min / Max Deposit||Deposit Speed|
|LeoVegas Sport||£10 / £10,000||Instant|
|Paddy Power||£5 / N/A||1-5 Working Days|
|bwin||£10 / £3,000||2-5 Working Days|
|William Hill||£25 / £100,000||3-5 Working Days|
|Betfred||£85 / N/A||Up to 2 Working Days|
|bet365||£100 / £100,000||2-10 Working Days|
|Unibet||N/A / N/A||1-3 Working Days|
Positives to Using Bank Transfer for UK Sportsbooks
A fair few people still like to use a bank transfer when betting online, but what are the real benefits of using this payment method? We have listed a few below.
- Bank transfer is one of the safest payment methods.
- There are no additional fees, which means that all the money you win will be yours to keep.
- You’ll receive money directly to your bank account.
- High deposit limits
Disadvantages of Using Bank Transfer Betting Sites
As you can imagine, every payment method comes with some disadvantages, and bank transfer is no different. We have listed some downsides that you should take into consideration before using this payment method.
- Bank transfer is one of the slowest payment methods. It may take up to ten working days to deposit funds and around five working days to withdraw your money.
- Minimum deposit values can be a lot higher than with other payment methods.
Can I Withdraw Using the Bank Transfer?
Yes, most of the online bookies will give you an option to make a withdrawal using the bank transfer. But note that usually, you’ll have to use the same payment method as for depositing. The great thing is that making a withdrawal via bank transfer normally doesn’t incur a fee. And since the money will be routed directly to your bank, you won’t have to worry about additional charges ether. For example, Neteller or PayPal may charge you for transferring money from them to your bank account, which is not the case with the bank transfer.
The whole process is also very straightforward. Just go to the withdrawal page of the betting site, choose bank transfer, enter your bank details and the money will be on its way.
|Betting Sites||Min / Max Withdrawal||Withdrawal Time|
|LeoVegas Sport||£10 / £175,000||3-5 Working Days|
|Paddy Power||£10 / N/A||1-5 Working Days|
|bwin||£10 / N/A||3-5 Working Days|
|William Hill||£25 / £100,000||5-10 Working Days|
|Betfred||£25 / £25,000||2-7 Working Days|
|Unibet||£10 / N/A||3 – 5 Working Days|
Bank Transfer Betting Sites – What Is Trustly?
If you already like bank transfer as a payment option, consider Trustly. This useful payment method enables you to transfer money directly from your bank account to your bookie’s bank account, and vice versa. Trustly has all the best attributes of the classic bank transfer, such as exceptional safety and absence of additional fees. Next time you want to make a deposit or withdrawal, log in to your bank account with Trustly, and you will avoid sharing your bank account number with anyone online.
Additionally, it solves a few of the bank transfer’s major issues, such as long processing times. When using Trustly, the money will be added to your account immediately, but you’ll still have to wait a few working days for your withdrawals. Withdrawing money with Trustly can take anywhere between one and five working days, depending on the online betting site and your bank. It can still be slightly longer than you’ll usually have to wait with some other payment options, but when we take into consideration the level of security you’ll have, it’s a good choice.
Are There Any Bank Transfer Bonuses Available?
One of the best things about using bank transfer as a payment method is that it’s eligible for welcome offers and special promotions. Usually, payment method restrictions apply on e-wallets like Skrill or Neteller, but bank transfer is eligible in most cases. Keep your eyes on the promotion pages of your favourite bank transfer betting site and look out for the interesting bonus offers. If something looks appealing to you, there is a high chance that you’ll be able to claim it when depositing via bank transfer.
Are Bank Transfer Bookmakers Safe and Trustworthy?
Yes. As we mentioned before, one of the most significant advantages of depositing or withdrawing via bank transfer is its safety and security. It works as a direct money transfer between your bank and the bank used by your bookie. As you can probably imagine, banks have the highest possible level of security, so there is no reason to be worried about whether your personal and financial data is safe or not.
Another important thing to note is always to make sure you check your bookmaker’s security policies and safety features. Bank transfer is undoubtedly a safe way to handle your money, but it’s always a good idea to make sure that your bookie is also reliable. That’s why we recommend you try some of the sports betting sites from our list. They are all licensed by the UKGC and completely safe, which means that you can place bets without any concerns.
Are There Any Fees When Using a Bank Transfer?
Another great thing about bank transfer betting sites is that you won’t be charged any fees. As for most of the other payment methods, bookmakers themselves don’t charge any additional fees for withdrawals and deposits. But the catch is that third-party payment providers usually do. For example, once you have received money into your PayPal account, they may take a percentage if you decide to further move the funds to your bank account. Since withdrawing via bank transfer will send the money directly to your bank account, you won’t incur additional charges.
Bank Transfer Mobile Betting Apps
Almost every sportsbook that supports bank transfer on their desktop site allows mobile deposits via bank transfer. It means that you just need to download the native sports app or visit the mobile site of your favourite bank transfer bookmaker, and then you will be able to make a bank transfer deposit in the same way as on the desktop site. To make life even easier for yourself, search to see if your bank has a dedicated mobile betting app. This way, you can track your payments with much less effort than before.
What Are the Possible Bank Transfer Alternatives?
In this day and age, there are so many payment methods available and each of them has its strengths and flaws. If you want to make your withdrawals more quickly, then Skrill, Neteller or PayPal may be the right choice for you. Debit cards are also a solid option since they tend to be very fast and reliable when it comes to deposits and withdrawals.
If you want to have greater control over your spending, then prepaid cards such as Paysafecard might be the right choice. There is no right or wrong answer here, it all comes down to what payment method suits you best.
Bank Transfer FAQs
What are the best bank transfer betting sites?
Almost all UK betting sites have bank transfer as a payment option, but here are the pick of the bunch:
- William Hill
- LeoVegas Sports
What is the maximum amount you can deposit via bank transfer?
Bank transfer allows you to make larger deposits of up to £150,000 per transaction in some instances.
What are the most significant advantages or bank transfer?
There are many upsides to using bank transfer as an online sportsbook payment method, but most notable ones are that:
- Bank transfer is arguably the safest payment method out of them all.
- You will not be charged any additional fees when using bank transfer.
- Bank transfer has higher deposit limits compared to other payment options.