author Charles Greene
Last Updated on Apr, 15 2024 by: Charles Greene

Which Betting Sites Accept Bank Transfers?

How common are bank transfers on betting sites?

Bank transfers are a popular choice for financial transactions because they offer a secure way to move money between bank accounts. Many online bettors prefer them because they provide a sense of financial control. Because of this, a wide range of betting sites now accept the bank transfer payment. This review highlights the benefits and disadvantages of bank transfers for punters in the UK. Want to know more about them and the best betting sites with bank transfer options? It’s all for you below.


List of Bank Wire Bookies
bank transfer bookies

List of Bookies That Accept Bank Transfer: May 2024

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What is Bank Transfer and How Does It Work?

Transferring money directly between bank accounts is safe and secure when done via a bank transfer. Because of its dependability and broad acceptability, it is a preferred deposit and withdrawal payment method for online betting sites. 

Bettors need both the betting sites and their own bank data in order to complete a bank transfer. The banks handle the transaction after it is started, which may take many days. This approach is notable for its high level of security and frequently has no upper limit on transaction size, which makes it perfect for high rollers. It is crucial for bettors to review the rules of both their banking institution and the bank transfer betting site, as the speed and charges may differ.

How Do We Choose the Best Bank Transfer Betting Sites?

Selecting the best bank transfer betting sites that using bank transfer transactions is essential for those keen on sports betting. The rise of bank transfer as a preferred payment method among gamblers is attributed to its user-friendly nature and impressive security protocols. We’ve developed a systematic approach, comprising five essential steps, to guide you in choosing a leading bank transfer betting sites.

Step 1:

Confirming Legitimacy and Regulatory Conformance

Our evaluation commences with a thorough check for the legitimacy and regulatory compliance of each candidate bank transfers betting site. It is crucial for these bank transfer bookies to possess proper licensing from esteemed bodies like the Malta Gaming Authority or the UK Gambling Commission.

This step is pivotal in confirming that the bank transfers betting sites functions within the confines of the law, ensuring a safe and fair betting environment. It also serves as a safeguard for addressing any disputes or concerns. The hallmark of a trustworthy bank transfers betting sites is its strict observance of licensing and regulatory protocols.

Step 2:

Examining Payment Versatility and Bank Transfer Compatibility

Narrowing down our selection, we concentrate on the payment processing prowess of the bank transfer betting sites. It’s essential for the chosen bank transfers betting sites to offer seamless integration of this payment service, making both topping up and cashing out hassle-free.

Our analysis also includes a review of the assortment of payment methods provided, from various e-wallets to credit card payment methods. This ensures that managing your finances is straightforward and in sync with your preferred payment methods. The accommodating bank transfers betting sites are signified by their adaptable and user-centric payment processes.

Step 3:

Analyzing Game Variety and Odds Quality

Our probe delves into the variety of gaming options and the value of the odds, striving to deliver a delightful and fruitful betting scene. A diverse array of sports, betting markets, and favorable odds is crucial.

We explore if the bank transfers betting sites present competitive odds to elevate your winning prospects and encompasses an extensive selection of sporting events. This guarantees a broad range of betting possibilities and chances to increase your betting proceeds.

Step 4:

Investigating Bonus Schemes and Promotional Perks

In our review process, we scrutinize the bonus and promotional incentives offered by bank transfer betting sites. We look for attractive sign-up bonuses, continuous promotions, and loyalty incentives that augment your betting activities.

The standout bank transfers betting sites sets itself apart by issuing compelling bonuses that captivate and maintain a solid user base. This phase ensures your betting ventures are not only pleasurable but also structured for enhanced reward opportunities.

Step 5:

Checking Security Measures and Customer Service Efficacy

The last step in our evaluation concentrates on security protocols and customer assistance. We verify that betting site that accept bank transfers employs stringent encryption techniques to protect your sensitive information.

In addition, the provision of attentive and effective customer support is key to resolving inquiries or complications swiftly. This ascertains a protected and uninterrupted betting journey, highlighting the significance of a secure bank transfer betting setting.

What Are the Best Bank Transfer Betting Sites?

Due to its strong reputation, bank transfer option has quickly been known as a reliable and effective method for online financial transactions. The gaming industry has seen particular growth in this regard. Reputable bank transfer bookmakers are currently providing easy and uncomplicated gaming experiences for avid bettors. These bank transfer betting sites offer a wide selection of casino games as well as sports betting opportunities, all through intuitive platforms that complement alluring betting choices.

The best bank transfer betting sites have been carefully chosen by us, with an emphasis on their dependability, diversity, and customer satisfaction. These bank transfer betting sites enhance the ease and fun of betting by ensuring quick and safe financial transactions. You are prepared to confidently enter the thrilling world of online betting with our knowledgeable advice.

  • Velobet
  • MagicWin
  • JokaBet
  • LuckofSpins
  • FreshBet


velobet UI

Velobet warmly invites both newcomers and seasoned bettors to its user-centric betting interface, replete with a wide array of athletic and gaming pursuits. The online sports betting sites with bank pride itself on a steadfast dedication to creating a secure betting milieu.

With its inception in 2023, Velobet guarantees a protected gaming atmosphere, fortified by its licensing through the Curaçao gaming authorities. First-time users are welcomed with an enticing 150% bonus on minimum deposit, up to a maximum of $1,000, commencing with as little as $20. This bonus considerably amplifies the chances of a profitable betting experience.

  • Extensive range of sports to choose from
  • User interface designed for simplicity and ease of use
  • Multiple payment methods including bank transfer
  • Strong focus on responsible betting measures
  • Attractive odds for various sports
  • Limited availability of live sports streaming options
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magic win UI

The cutting-edge betting platform MagicWin that accept bank transfers is transforming the game by offering a seamless and secure betting environment, complete with the integration of bank transfer for streamlined transactions. Launched in 2022 with a Curacao eGaming accreditation in its arsenal, this online betting bank transfer portal welcomes newcomers with an enticing introductory bonus — receive a 50% match up to $100 on a minimum deposit of just $20.

Renowned for its extensive selection of both athletic events and casino gaming options, MagicWin caters to the tastes of novices and expert punters alike. The bank transfer platform is designed for ease, offering swift navigation and attractive incentives for its users. With robust encryption protocols, MagicWin ensures the financial security of its clientele, complemented by 24/7 customer support.

  • Streamlined funding and cash-out processes via bank transfer
  • A comprehensive assortment of sports 
  • User-friendly layout facilitating effortless use
  • Enticing bonus schemes and promotional offers
  • Top-tier security measures for transaction protection
  • Constantly available customer assistance
  • Absence of a dedicated mobile app
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jokabet UI

JokaBet stands out in the online gaming market by offering seamless bank transfer functionality, allowing players to effortlessly and securely place qualifying bets on their favorite sports.

Once you’ve signed up and funded your online betting account with the minimum required deposit, you’re eligible to unlock a welcoming bonus designed specifically for sports enthusiasts, which is spread across your first three deposits. This bank transfer bonus can sum up to a generous 150% match, capped at £500. JokaBet’s commitment to excellence is evident through its easy-to-navigate interface, extensive range of betting options, and stringent security protocols, all contributing to a stellar betting journey.

  • Wide array of sports to bet on
  • Robust security protocols
  • Website optimized for mobile use
  • Expedited depositing funds feature
  • Promotional offers limited to a welcome bonus for new sports bettors
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LuckofSpins UI

LuckofSpins is captivating the online gambling world with its state-of-the-art partnership via bank transfer, providing users with secure and seamless payment methods that cater to sports betting fans. This platform that accept bank transfers stands out with its broad selection of betting opportunities, a user-friendly interface, and a solid commitment to player safety.

For those just starting, LuckofSpins bank transfer offers a tempting sports welcome offer. New members who register and apply the promo code “VRS” and make a minimum deposit of £25 are greeted with an impressive 300% bonus that can soar up to £1200, along with a supplementary 50% bonus boost.

  • Outstanding visual fidelity and responsive website design
  • Diverse promotional deals and bonus incentives
  • High-level security measures for data protection
  • Round-the-clock live chat support for immediate assistance
  • Regular enhancements and new feature rollouts
  • Lack of a proprietary mobile app
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freshbet UI

Launched in the year 2020, FreshBet bank transfer prides itself on providing a seamless and intuitive betting environment, with a broad spectrum of sports and gaming events on offer. This site that accept bank transfers distinguishes itself through attractive odds and a palpable dedication to ensuring customer contentment.

Upon registering, newcomers are welcomed with a compelling incentive: a 100% matching bonus up to $500, provided a minimum of $20 is deposited. Backed by a Curacao gaming license, FreshBet has established its reputation as a reliable betting platform. With using bank transfer, the convenience of managing transfer funds through deposits and withdrawals is amplified.

  • Lucrative promotional offers
  • Swift payout processes
  • Availability of live streaming for certain events
  • Attentive and agile customer service
  • A clear and intuitive web interface
  • The variety of markets offered may not be as vast as those found at some of the larger bank transfer betting sites in the industry
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Bank Transfer Deposit Betting: Overview

🔢 Number of bank transfer bookmakers35+
✅ Reviewed bookmakers that accept bank transfer35+
🛑 Accepting Players on GamStopYes
⚽️ Popular Sports to Bet OnFootball, Cricket, Horse Racing, eSports
💰 Betting BonusesFree bets, Improved odds, Cashback, Loyalty programme
💳 Other Payment MethodsBank Transfers, E-Wallets, Crypto, Phone Payments
📉 Lowest Deposit£5
⏳ Average Withdrawal Time15-30 min
❎ Minimum Wagering Ratex1
🇬🇧 Accepting UK PlayersYes
🔝 Top bank transfer bookmakerVelobet
🆕 New bank transfer bookiesFreshBet, JackBit, LuckyBarry, Slots Dreamer
🔒 Safety & LegalityGuaranteed

There are a few benefits to selecting bank transfer betting sites. Even though there are now many more payment methods because of the digital era, many bettors still choose traditional wire transfer because of their many advantages. The following are some of the main benefits of selecting bookmakers who using bank transfers. 

What are the Benefits of Bookies That Offer Bank Transfer?

Enhanced Security
One of the safest ways to make payments is via bank transfer. Banks protect your money and personal information with strict security measures including fraud monitoring services and encryption. By selecting the bookmakers that accept bank transfers, you are taking advantage of your banking institution’s strong security protocols.
Higher Transaction Limits
Bank transfers are frequently the greatest choice for high rollers and those wishing to make large deposits and withdrawals. Generally speaking, they support more transactions than credit cards or e-wallets, which may have more stringent restrictions.
Reduced Fees
Compared to other payment methods, which can have exorbitant fees for deposits or withdrawals, wire transfer can be more cost-effective. Even though certain banks may charge for bank transfer, these costs are typically less than what other payment providers charge, especially when the sums are greater.
Widely Accepted
The most betting sites worldwide allow bank transfer option, making them a widely accepted payment method. They are therefore a practical choice for bank transfer gamblers who would rather avoid the trouble of opening accounts with unaffiliated payment processors.
Ease of Use
Bank transfers are an easy way to deposit funds for people who are not tech savvy. Bank transferring money straight from your bank account to the bank transfer bookmaker eliminates the need to learn new online payment systems or keep track of numerous accounts and passwords.

What are the Drawbacks of Bookies That Offer Bank Transfer?

Transaction Speed
When it comes to alternative payment methods like e-wallets or credit/debit cards, bank transfers are infamously slower. If you want to place free bets paid on events that will begin shortly, it could take a few business days for the money to show up in your online sports betting account.
Minimum Deposit Requirements
Bank transfer betting sites might have higher minimum deposit limits for bank transfers compared to other payment methods. This can be a barrier for casual bettors who do not wish to deposit large sums.

Bettors can deposit funds straight from their online bank account into their betting account by using sites that using bank transfers as a form of payment. While being a popular option due to its ease of use and sense of security, using bank transfer for online betting has some disadvantages.

How to Open a Bank Transfer Account on a Betting Site?

It’s easy to open a bank account, which enables you to send and receive money online for a variety of financial operations. Here are the crucial actions to get you started when creating a bank transfer account:

  1. Choose a bank that best meets your needs before you start a bank account. Think on things like the bank’s standing, bank transfer fees, ease of access, and the usefulness of their mobile and internet banking options. 
  2. Visit a Branch or Apply Online. Depending on the bank, you can either visit a local branch or complete the application process online. If you choose the online option, visit the bank’s website and follow their bank account opening instructions. If you prefer in-person assistance, visit a nearby branch.
  3. Fill out the bank account application provided by the bank. This typically includes personal or business information, your identification details, and your initial deposit amount. Make sure to double-check the accuracy of your information before submitting the application.
  4. Most banks require an initial deposit to open a transfer bank account. The minimum amount can vary, so check with the bank to ensure you meet this requirement.
  5.  Set up your online banking access and link it to your bank transfer account.
  6. The bank will send you account information and a debit card (if applicable) as soon as your account application is accepted. You can begin using your bank account for transfers once you’ve activated it in accordance with the bank’s instructions.
  7. You can now use your bank transfer account to send and receive money electronically. 

How to Deposit Money With Bank Transfer?

If you’re looking to deposit money on a betting site via bank transfer, follow these simple steps:

  1. Choose a Reputable Betting Site: Ensure you’re using a betting platform that accepts bank transfers as a deposit payment method. Most established bank transfer betting sites offer this option.
  2. Log In: Sign in to your betting account with your credentials.
  3. Navigate to Deposit Options: Navigate to the betting site’s deposit area. Usually, this is located in the cashier area or account area.
  4. Select Bank Transfer: Choose the bank transfer methods among the available deposit methods.
  5. Provide Bank Account Details: Enter the necessary bank details, including the bank account number, routing number, and amount you wish to deposit.
  6. Confirm and Submit: Review the information for accuracy, then confirm and submit your deposit request.
  7. Wait for Processing: Bank transfers may take a few business days to process. Monitor your account for updates.

How to Withdraw With Bank Transfer?

It’s easy to withdraw funds from a betting site using a bank transfer. To make a withdrawal, simply adhere to following guidelines:

  1. Log In: Access your betting site account and check that you have sufficient money in your betting site account to make a withdrawal.
  2. Select Withdraw: Navigate to the cashier or banking section of the site and choose the “Withdraw” option.
  3. Choose Bank Transfer: Select the bank transfer as your preferred withdrawal payment method.
  4. Provide Bank Details: Input your bank account information, including the account number and routing number.
  5. Confirm and Submit: Double-check the account details, enter the withdrawal amount, and submit the request.
  6. Wait for Processing: The betting site will process your withdrawing money, which can take a few business days.
  7. Receive Funds: Once processed, the transfer funds will be transferred to your bank account.

What Are the Fees and Limits?

The costs and limits associated with bank transfers can change based on the banking institution you use. Usually, these charges are linked to a number of different kinds of transactions, including wire transfers, foreign transfers, and even regular interbank transfers. The particular bank transfer fees and restrictions depend on the kind of transfer you’re making as well as the bank’s regulations.

International transfers are frequently subject to greater transaction fees due to additional processing and currency conversion, but domestic transfers within the same bank or to associated institutions may have lower or even no fees. Banks have different restrictions on transfers; some have daily, weekly, or monthly limits. Before making any transfers, it’s critical to review your bank’s policies and fees to avoid any surprises.

Which Countries  Accept Bank Transfer Payments?

Bank wire payments are widely accepted as a practical and safe way to conduct a variety of financial transactions in a variety of countries. These countries include the United States, Canada, the United Kingdom, Germany, Australia, and many others. 

Bank transfers are now much easier to use thanks to technological advancements, making it possible for bettors to easily perform financial transactions both domestically and internationally.

On What Sports Can One Bet With Bank Transfer?

Bank wire has become a popular choice for funding online sports betting accounts, offering enthusiasts an extensive selection of athletic events to place free bets on. Its versatility shines in the sports betting arena as it accommodates qualifying bets across a diverse spectrum of athletic showdowns, encompassing team-based sports as well as individual challenges.

Whether your passion lies in high-octane contests or games that require tactical prowess, bank transfer meets your betting needs. This payment method opens the door to a plethora of sports, allowing you to engage with your favorites while also exploring new arenas. With bank transfer, the possibilities in the sports betting landscape are virtually limitless.

What Are Other Sports Betting Payment Methods?

If you’re seeking different convenient payment methods of deposit for your betting activities beyond bank wire, we’ve got you covered. Our selection of payment alternatives is designed for ease of use and flexibility, catering to various needs and concerns regarding security. These diverse payment solutions enhance the overall online gambling journey, ensuring that your transactions are both smooth and tailored to your preferences.

Online Bookmakers That Using Bank Transfer: Final Thoughts

Online bookies who using bank transfers are a cornerstone of confidence and dependability in the digital age of sports betting. This conventional payment method gives a nod to people who are concerned about security by providing a dependable, simple financial path. Bank transfers provide direct transactions from bettors’ accounts to their preferred bank transfer betting sites by avoiding the necessity for middleman e-wallets. 

Even while bank transfers aren’t the fastest way to make payments these days, their robustness guarantees that bettors have a safe, traceable, and secure funding alternative, which makes them attractive to those with bigger bankrolls. Ultimately, these bookmakers that accept bank wire cater to a segment that values the security and the clear electronic paper trail that bank transfers inherently provide, reinforcing the foundations of responsible and reliable online betting.

Bank Transfer Bookies: FAQs Guide

Do Bank Transfer Transactions on Betting Sites Require Extra Verification?

Yes, some betting sites may require additional verification processes for bank transfer transactions. They may ask you to  provide proof of identity, address verification, or confirming ownership of the bank account used for the transfer. It’s recommended to check the specific requirements of each betting site to understand the verification process for bank transfers.

What Is the Average Processing Duration for Bank Transfer Deposits and Withdrawals?

The average processing time for bank transfer deposits is typically 1-5 business days. For withdrawals, it also ranges from 1-5 business days, depending on the bank’s policies and the specifics of the transaction.

Is There a Welcome Bonus for Bank Transfer Bettors?

Whether bank transfer provides a welcome bonus depends on the current deals available on the bank transfer betting site. Some gambling sites may offer exclusive perks or benefits to users selecting bank transfer as their preferred method of payment. For information on current new account offers, it’s advisable to check out the bank transfer gambling site and stay abreast of the most recent news.

Is It Secure to Use Bank Transfer for Betting Sites?

Yes, bank transfers betting sites are generally secure as banks use robust encryption and security measures. However, ensure the betting site is reputable and has its own strong security protocols to protect your financial information.

If Users Have Trouble With Bank Transfer Deposits on Betting Sites, What Should They Do?

They should contact the site’s customer support first. The support team can help resolve the issue. If the problem continues, users might need to give more information or documents as requested by the support team.

How Long Does It Take For Bank Transfer Deposits to Show in Users’ Betting Accounts?

This process can take anywhere from a few hours to several business days. It’s recommended for users to check with their bank and the betting site for estimated processing times to manage their expectations accordingly.

Your data is safe. These NonGamstop betting sites use strong encryption and follow privacy laws to protect your personal and financial info. They also have licenses, good reviews, and customer feedback.

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Charles Greene

Hi I’m Charles Greene your humble author of I’m an avid sports and money fan, and my main goal from a young age was to combine the two (sorry I never realized it as a footballer). At the age of 20 I found a great opportunity to make money from my passion for sports, it was betting.

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