Top Bank Transfer Betting Sites UK 2024

Top Bank Transfer Betting Sites UK 2024

If you are looking for the best bank transfer betting sites for UK bettors to fund their accounts, then this is the page for you. We have put together this comprehensive guide to the best bookmakers which accept bank transfers and the bonuses they offer their players. We will also discuss which bookies offers the best value odds as well as detailing their deposit times and limits.

18+ New customers only. Opt in, bet £10  on any football market at minimum 1/1 odds. No cash out. Get £40 in Free Bets on selected events. Free Bets expire in 7 days. Debit card / Apple Pay payments only. Full T&Cs apply. Bet Responsibly. BeGambleAware.org #ad

18+. New customers using Promo code R30 only. Min £10 stake, min odds ½, free bets paid as 3x £10, free bets credited after settlement of first qualifying bet, free bets will expire 30 days after the qualifying bet is placed, payment methods/player/country restrictions apply. Full T&Cs apply. Bet Responsibly. BeGambleAware.org #ad

BetUK Logo

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Bet UK Review

Welcome bonus available through bank transfersMaximum withdrawal up to £35,000 per transactionFrequent odds boosts

Bet £10, Get £30 in Free Bets

18+ New cust only. Deposit & Place a Bet within 7 days, and settle a £10 minimum bet at odds of 4/5 (1.8) or greater, to be credited with 3x £10 Free Bets: 1 x £10 Horse Racing, 1 x £10 Free Bet Builder and 1 x £10 Football. 7 day expiry. Stake not returned. Full T&Cs apply. Bet Responsibly. BeGambleAware.org #ad

bet365 logo

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bet365 Review

Instant Bank Payments offeredHighly respected bookmakersMassive selection of sports promos

18+. Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of qualifying bets. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and Full T&Cs apply. Bet Responsibly. BeGambleAware.org #ad

Coral logo

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Coral Review

High withdrawal limits on bank transfersRegular free betsReputable operator

18+ New UK+ ROI Customers only. Deposit & Bet min £5 as first bet at minimum odds 1/2 to qualify for 1x £20 Free Bet. Certain deposit methods and bet types excluded. Free bet valid for 7 days, stake not returned. Restrictions apply. Full T&Cs apply. Bet Responsibly. BeGambleAware.org #ad

Boyle sports logo

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BoyleSports Review

Very popular with bank transfer bettorsSupports international bank transfersExcellent promotions

Bet £10 Get £10 + £10 Casino Bonus

18+ New UK customers (Excluding NI) only. £20 in FREE Bets (FB) as £10 in sports bets & a £10 casino bonus (CB). Min Deposit £10. Min stake £10. Min odds Evs. FB applied on 1st settlement of any qualifying bet. FB 7-day expiry. 1 FB offer per customer, household & IP address only. Account & Payment restrictions. 14 days to accept £10 CB, then active for 3 days. CB 5x wagering & max redeemable £100. Game restrictions apply. Cashed out/Free Bets won’t apply. 30 days to qualify. Full T&Cs apply. Bet Responsibly. BeGambleAware.org #ad

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Betway logo

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Betway Review

Fast withdrawal pending timeConsistently high oddsHuge range of betting promotions

£30 Matched Free Bet if your first Acca loses + 50 Bonus Spins

18+ Min Deposit: £5. Maximum Free Bet: £30. First bet on a Football or Horse Racing multiple with 3+ selections. Overall odds: 3.00 (2/1) or higher. Free Bets available upon settlement of the qualifying bet. This is offer is valid for 7 days from your new account being registered. 50 Bonus Spins credited on placement of qualifying Acca bet.50x bonus wagering applies as do weighting requirements, bonus Spins only available on selected games and expires 7 days after being awarded. Debit card deposits only (exclusions apply). Full T&Cs apply. Bet Responsibly. BeGambleAware.org #ad

LeoVegas Logo

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LeoVegas Review

Bank transfers trigger the sign up bonusTop Bet BuilderAward-winning app

Double Winnings up to £100

18+ New players 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. Full T&Cs apply. Bet Responsibly. BeGambleAware.org #ad

bwin logo

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bwin Review

High bank transfer limitsOwned by the world’s largest gaming groupOver 20 million customers

18+ New UK players only | Min deposit req. £10 | Certain deposit methods excluded | Place 1 sport bet (3+ selections) | Excl Horse Racing | Min stake £10 | Max stake £20 | Min Odds 2/1 (3.0) | Max FreeBet £20 for football only | FreeBet valid for 7 days | FreeBet stake not returned | Full T&Cs apply. Bet Responsibly. BeGambleAware.org #ad

Ladbrokes logo

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Ladbrokes Review

No fees for bank transfer withdrawalsOver 30+ banks supportedInstant Bank Payment supported

Bet £5 Get £20 in Free Bets

18+ New UK+IRE Customers only. Certain deposit methods & bet types excl. Min first 5 bet within 14 days of account reg at min odds 1/2 = 4x 5 free bets. Free bets valid for 7 days, stake not returned. No cashout, restrictions + Full T&Cs apply. Bet Responsibly. BeGambleAware.org #ad

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Put simply, a bank transfer is a basic transfer of money from one bank account to another. In order to use bank transfer to fund your betting account, you’ll need a working bank account and access to your online banking apps so that you can confirm the transactions.

Even if you don’t have an active bank account, setting up one is simple and shouldn’t take too long. Nowadays, nearly all banks offer their customers a mobile app that lets them set up new accounts where they can send or receive money from. This makes things faster and even more convenient to use for online betting.

Here are just some of the many banks that operators process bank transfers from.

BarclaysNatWestHSBCLloydsSantanderHalifaxNationwideBank of Scotland

Bank transfers are among some of the original and longest standing payment methods offered by online betting sites. Prior to the advent of e-wallets and mobile payment options, the only way for bettors to add funds to their accounts was to use their debit cards or transfer money directly from their bank account.

Bank transfers remain a popular option for punters to this day but what are the main advantages of using this payment method?

Security: When making a bank transfer to your chosen bookie, you execute the transaction using your bank’s payment gateway, so you won’t have to share any banking details to third-party providers. Also, banks have extremely high levels of encryption and security.

Widespread Use: A vast majority of online bookmakers will allow you to make deposits and withdrawals using bank transfer due to this being a very secure way of sending your winnings back to you.

Higher Limits: Bank transfers generally tend to come with higher limits for deposits and withdrawals than most other methods. For example, BetUK let’s you deposit up to £10,000 in a single transaction. This also makes it a popular choice for high rollers.

No Fees: Transactions made using bank transfers should not come with any fees when you make them and there should be no charges applied from the bookmaker either.

Eligible method for claiming sign-up bonuses: Most bank transfer betting sites will let you use the method to claim the welcome bonus, such as LeoVegas, no matter if the qualifying bet is just £5, since that’s the usual minimum you can deposit through a bank transfer.

While no two online bank transfer betting sites are the same, the process of making a deposit is largely the same. In order to fund your account using the bank transfer methods, simply follow the steps outlined below.

Log in to your betting account and head over to the ‘Cashier’ tab. It is usually located in the top right corner of the page.

Select the ‘Deposit’ option.

Click on the ‘Instant Bank Transfer (sometimes listed as Wire or Payment)’ icon.

Enter the amount you wish to deposit.

Pick your bank from the list of banks supported by the bookmaker.

You will then be redirected to your banking website or app, where you will need to approve the payment.

You’ll automatically get back to cashier page of the bank transfer bookmakers where you should see a payment success message.

You should also be aware that most online bookies that allow bank transfers will let you make a bank transfer through multiple bank accounts, so you don’t have to use the same account every time.

Bank accounts that have previously been used to make deposits through instant bank payments will normally be shown in a dropdown menu.

We have seen how to make a deposit at betting sites with bank transfer, but what about withdrawing those sweet winnings? To access your money, simply follow these steps outlined below.

Click on the ‘Withdraw’ button and enter the amount you wish to take out.

Select your chosen bank from the list, then confirm your withdrawal by clicking the Withdraw button.

Payment is then completed, and your funds will be in your bank account usually within five banking days.

In order for your withdrawal to be successful, you will need to have verified your account as well as the payment method. For payment verification, statements no older than three months might be required. You will be notified with instructions of how you can securely provide what’s needed.

This could be a screenshot of your online statement, detailing your name, address and any recent deposits into your betting account you may have made. Alternatively, if you don’t have online banking, you can provide a paper statement that shows your recent deposits, and your name and address details are visible.

Many betting sites accept deposits and withdrawals made using a bank transfer. For the majority of bookmakers, a bank transfer usually comes without fees and have high maximum deposits and withdrawal limits. Below we have outlined the things you need to know.

Online BookmakerBank Transfer Type AcceptedMinimum DepositMaximum DepositMinimum WithdrawalMaximum WithdrawalFeesBetVictorBank Transfer£5£30,000£10£30,000NoWilliam HillBank Transfer£10£10,000£15£10,000NoBet UKBank Transfer£10£10£10£35,000Nobet365Instant Bank Transfer/Bank Transfer£5/£100£5,000/£100,000£5£100,000NoCoralInstant Bank Payment£5£5,000£5No limitNoBoyleSportsBank Transfer£5No limit£10No limitNoBetwayInstant Bank Transfer£5£5,000£5No LimitNoLeoVegasBank Transfer£10£10,000£10No LimitNobwinBank Transfer£5£5,000£5No LimitNoLadbrokesInstant Bank Transfer£5£5,000£5No limitNo

Payments will only be made to a bank account in your name so you will need to complete your bank details online. Transactions can only be accepted by accounts using GBP and there isn’t normally a charge for this service.

There are several ways to send funds from your bank directly to your betting account. Below we have detailed some of the different types of bank transfers.

BACS

BACS payments are just ordinary transfers between UK bank accounts and are the most common way to make a bank transfer to a betting account.

It is the type of transfer you make when you pay a recipient through your mobile app or at a branch in person. All that is needed from you is to fill out the account details, including a bank account number and sort code as well as name of your account. BACS payments are among the fastest ways to make a withdrawal straight to your bank account.

Clearing House Automated Payment System (CHAPS)

You will most likely not encounter Clearing House Automated Payment System (CHAPS) when dealing with instant bank transfer betting sites. This is actually a good thing as there is often a substantial fee that comes attached to this type of bank transfer.

Instant Banking

Instant Banking transfers are a new type of payment method, that’s powered by Open Banking. It’s actually easier than the more traditional bank transfers and more secure than card payments. Just like when you bet with Trustly, your funds can settle in an instant and you can do it all from within your betting app.

Bank Wire Transfer

If you want or need to transfer funds for betting outside of the UK, you will need to use a bank wire transfer in order to complete your transaction. There are many instant withdrawal betting sites that are not registered in the United Kingdom but are still licensed to operate within there.

For reasons such as this, wire transfers can be useful. You will need your recipient’s account details which will include their bank account number and sort code plus the full name on their account.

Faster Payments Service (FPS) Bank Transfer

Known as a Fast Bank Transfer, this will allow you to speed up the time it takes to transfer funds from one account to another. This service dates back to 2008 when it was set up by BACS and is pretty much the same as a regular BACS transfer. So long as both your bank and the bank of the bookie support FPS then any payments should clear in around two hours.

Bank transfers are one of the safest and most secure ways to top up your betting account. Banks rely on the most sophisticated and up to date fraud detection systems and each and every transaction made this way is encrypted to make sure that your sensitive details are completely safe.

At no point does the bookmaker have access to your bank account, and there is no to need enter your financial information. This means that in the unlikely event that the bookmaker suffers a data breach, your financial data will remain secret.

The Financial Conduct Authority ensure that the 256 bit encryption used in bank transactions is considered unbreakable and is the industry standard for bank level encryption. This, coupled with the SSL encryption that online bookmakers already use means that your data is safe from any attempt hackers make to intercept and read the data.

Also, by law, online bookmakers are required to have a betting verification process in place. Thanks to Know Your Customer (KYC), you must verify your identity, address and where your funds will come from as well as any other relevant documents or necessary information.

As good a banking option as they are, there are a few downsides to using this funding method.

Unless banks are members of the Faster Payment Service there can be long processing times and deposits can take up to three days to clear.

Also, both deposits and withdrawals can take longer if you don’t share a bank with your bookie. For example, William Hill bank transfer withdrawal will take between three to five working days.

There can be fairly high service charges applied to direct bank transfers to and from foreign countries. Also, not all bonuses can be claimed when using bank transfers, so be sure to read the terms and conditions before you do.

Betting with bank transfer is a highly trusted and widely accepted payment method. This type of betting payment simply switches funds between your bank account and your betting account, which comes with robust security, no fees, and higher payment limits.

Finally, bank transfer bookies let you use the method for both deposits and withdrawals, making it a perfect all-round solution for UK bettors.

Author: Benjamin Wood