
Pros
- A sportsbook payment method that you can use to both deposit and withdraw
- Almost all betting sites accept bank transfer payments, particularly when withdrawing money
- Large transaction limits make bank transfers ideal for big-money bettors
- Deposit and withdraw money directly from your bank account
- Banks communicate directly, meaning bank transfer payments are very secure
Cons
- It takes more time for bank transfers to be processed
- There are often steep fees you need to pay when using bank transfers
- You must share bank details before making a deposit
- Not all bookmakers accept bank transfer deposits

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Best Betting Sites that Accept Bank Transfer
- Instant deposits and withdrawals with cryptocurrencies
- Different types of sports betting bonuses
- Betting markets for the most popular sports
- Payment method restrictions
- Player restrictions in some countries
- Withdrawal charges
Odds Margin: 92%
Extra Features: Bonuses, Casino, Live Streaming, Tournaments, VIP Programme
Payment Methods: Bank Transfer, American Express, Bitcoin, Dash, Dogecoin, Ethereum, Litecoin, MasterCard, Person to Person, Ripple, Solana, Tether, Visa
18+ | Gamble responsibly | GambleAware.org | T&C’s apply
- The loyalty program gives enticing rewards to regular bettors.
- Cryptocurrency transactions offer various perks.
- 24/7 phone, email, and live chat support.
- Small withdrawal fee.
- No live streaming.
- There could be more betting markets.
Odds Margin: 95%
Extra Features: Bonuses, Cash Out Func., Live Streaming, Odds Boost, Tournaments, VIP Programme
Payment Methods: Bank Transfer, American Express, Bitcoin, Ethereum, Litecoin, MasterCard, Visa
18+ | Gamble responsibly | GambleAware.org | T&C’s apply
- Various sports betting bonuses
- Live streaming feature
- Cryptocurrency deposits and withdrawals
- No sportsbook app
- Country restrictions
- Withdrawal fees
Odds Margin: 91%
Extra Features: Bonuses, Casino, Live Streaming, Odds Boost, Tournaments
Payment Methods: Bank Transfer, American Express, Bitcoin, Dogecoin, Ethereum, Litecoin, MasterCard, Person to Person, Ripple, Solana, Tether, Visa
18+ | Gamble responsibly | GambleAware.org | T&C’s apply
What Are Bank Transfers?
Bank transfers, also known as wire transfers, allow users to send and receive money electronically from one bank to another. Even though a bank transfer is considered a more traditional payment method, it is still frequently used, especially as it facilitates domestic and international transfers. Today, banking activities are mostly conducted through online and mobile banking online banking systems, although it is still common for users to transfer funds.

How Do Bank Transfers Work?
To make a bank transfer, users need to provide their bank details. As soon as the transaction is authorised, the amount will be debited from the users's bank account and sent to the recipient's account, which will then credit the funds to the account specified by the sender. This extreme simplicity, reliability, and security make bank transfers one of the leading payment methods for betting sites.
Facts About Betting via Bank Transfer
Bank transfers are generally considered highly secure because they are processed through established financial institutions, making them less prone to fraud when compared to other methods like e-wallets or credit cards.
In 2022, bank transfers accounted for 47.1% of online gambling payments with companies licensed by the Malta Gaming Authority, making it the most common payment method in that jurisdiction.
Most reputable online betting sites accept bank transfers as a payment method, especially for larger withdrawals or deposits.
Different networks can be involved when transferring money from one bank account to another, such as SWIFT or ACH (Automated Clearing House).
Bank transfers are a good option to avoid the transaction fees often associated with credit cards that tend to be common on betting sites.
Bank transfers often allow larger withdrawals when compared to other payment methods, which is beneficial for high rollers.
Banks and financial institutions are required by law to verify the identities of their customers for KYC (Know Your Customer) purposes.
Security and Safety of Bank Transfer in Online Betting
Bank transfer betting sites provide an extra layer of security, as this is one of the safest methods for online gambling. Check out some of the strongest points playing in its favour:
Direct Transfers
Transfers are direct between users and the bank. There's no need for third parties or man-in-the-middle to be involved like in other payment methods such as credit cards or e-wallets, for example.
Reliable Institutions
Traditional financial institutions, like SWIF, SEPA, and others, back up bank transfers. This makes them a secure and reliable payment method as all these use strong security protocols.
ID Checks
By requesting identity checks, players can rest assured and stay safe from identity thefts.
Fraud Detection
Banks have sophisticated fraud detection systems to detect suspicious gambling-related transactions. If something is flagged as such appears, they may block a transfer for further investigation.
How Do We Find the Best Bank Transfer Betting Sites?
The Betpack team goes to great lengths to provide the best content for our readers. Not only do we do extensive research on the best online betting sites to enjoy all the benefits of betting sites with bank transfer options, but we also regularly attend several conferences and other prestigious events worldwide to keep up with the latest trends of the gambling industry. As for ranking bank transfer betting sites, here's how it goes:
Ensuring Legal Licencing
We start all our bank transfer betting site testing by verifying the existence of a legal licence by a sportsbook. If it doesn't provide one, or if it's issued by a dubious regulator, the site is discarded. On the other hand, we give the thumbs up and green-light the bookie if the betting site is indeed licenced by a renowned gambling authority.
Testing Security and Reliability
We give high ratings to bookmakers using the latest encryption technology to protect personal and financial data. Betpack's top-rated sportsbooks are legitimate businesses that use state-of-the-art encryption, so only those that check all our boxes make it to our list.
Examining Bonuses and Promos
Bank transfer betting sites offer a wide range of bonuses, including free bets, bonus money, and much more. We verify all betting sites to determine the quality of their bonuses and how easy they are to claim, along with their qualifying bet and other wagering requirements. Top-rated Betpack bookies must have a combination of promo diversity and quality.
Analysing Odds and Markets
Betpack features bookmakers working with house edges that are as low as 3% and present users with some of the most enticing betting odds in the industry. Similarly, we ensure that the betting sites listed have hundreds of wagering markets and bet types.
Top Bank Transfer Bookmakers by Category
Looking for a specific provider that accepts bank transfers? Whether it's for the best mobile use, a low wagering, or one tailored for live betting, Betpack has the answers for each category.
Category | Bookmaker |
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Best for Live Betting |
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Best for Mobile Users |
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Best Welcome Bonus |
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Best VIP Club |
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Best Betting Markets |
How to Use Bank Transfers at Bookmakers
Not many payment methods are as prevalent at betting sites as bank transfers. While almost all bookmakers set this method as the primary withdrawal option, due to the higher withdrawal limits, others also accept it as a bank transfer deposit option. However, customers can set this manually inside their accounts, too.

Open a Bank Account
The first step should be to open a bank account with a preferred agency. This will provide a bank account number and other details that will be necessary to the bank transfer bookie.

Browse Betpack's List
We suggest doing some research before joining any bank transfer betting site. From licenses and security to bonuses and previous operating history, Betpack has everything covered. Instead of wasting hours searching for the best betting sites that accept bank transfers, just go with the expert-vetted sportsbooks we feature.

Register at a Bookmaker
After deciding which online sports betting sites with bank transfers is worth the shot, hover to the signup section and complete the registration process. Keep in mind that, once the account is set up, it will need to be verified via email, unless its a no verification betting site.

Make a First Deposit
After everything is settled is time to start using bank transfer methods to make the first deposit. Set this as the preferred payment method on the user account settings, choose the amount to deposit, and confirm the transfer on your online banking account.
How to Make Bank Transfer Deposits?
Using bank transfers for depositing funds into sports betting accounts is a straightforward proccess. Here's how to do it:
- Log in to your sports betting account and locate the Cashier section.
- Find the bank transfer option in the list of payment methods.
- Type in the amount you want to deposit.
- Wait to be redirected to the online banking environment managed by your bank.
- Enter your bank account details to authorise the transaction.
- The funds should get to your betting account when the bank processes the transfer.
How to Make Bank Transfer Withdrawals?
Bank transfer withdrawals are the preferred payout option for most sports bettors due to their higher limits when compared to alternative payment methods. Follow these steps to withdraw the sportsbook winnings to your bank account with a bank transfer.
- Use your sportsbook login details to enter your betting account.
- Find the Withdrawals menu and select bank transfer as withdrawal option.
- Enter the amount you want to withdraw.
- Verify all the information and make the withdrawal request.
- The bookmaker will now take some time to process your payout request.
- When all verifications are over, the bank transfer payment will take 1-3 days to be concluded.
Betting Bonuses for Bank Transfers Users
The good news about bank transfer betting sites is that they're often covered by bonuses and promotions. Nonetheless, it's recommended to pay the due attention to the bank transfer verification requirements and read the terms and conditions of the offers to find out if any payment method restrictions apply.
First Deposit Bonus
The best bank transfer betting sites will always make new clients receive a first deposit bonus. This is a great way to start the journey towards a more lucrative experience, but also the first time users build a trustworthy relationship with the bookie as the page rewards them based on the amount of their first deposit, and once the qualifying bet is solved.
Free Bets
Free bets are one of the most popular online sports betting sites promotions. Essentially, they work in the same way as deposit bonuses, but customers will be able to claim free bets instead of bonus money. Wagering conditions also apply, of course, and depending on the offer, these can also include subsequent free bets or free bets paid in batches (10 free bets, 20 free bets, etc).
Cashbacks
Sometimes, luck is not on bettors' side. But with cashback betting offers it's possible to recover a part of the investment and maybe try another time. Sports betting bank transfer sites that offer these will returns a percentage of betting losses back to punters, and can also be part of a VIP program.
Loyalty VIP Programmes
Not all sportsbooks offer these, as they are reserved for the best of the best. Clients on bookies' VIP programmes are treated like royalty, as they accumulate points by playing, transfering funds via bank transfer and being an overall loyal customer. The rewards keep improving and include free bets, better cashback bonus percentages, improved betting reload bonuses, etc.
Benefits of Using Bank Transfer at Betting Sites
As many sites accept bank transfers, the benefits of using this versatile payment method are great for users. Here are some of them:
Using the bank transfer option is one of the most secure for bettors as there's no intermediary between them and the bank. Even though bank details need to be handed, banks provide the latest security technologies.
Best Fast Payout Bank Transfer Bookmakers
Online betting sites that work with bank transfers may not offer stellar withdrawal times, but many online bookies still process withdrawal requests instantly and provide same-day operations. These are some of the fastest payout online sportsbooks:
Bookmaker | Withdrawal time |
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Same day |
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Same day |
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Same day |
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Same day |
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Same day |
Bank Transfer vs WebMoney Sportsbooks
Despite the more modern alternatives, bank wire transfers are still among the most popular payment methods for online gamblers. Nonetheless, other options shouldn't be ignored, and it's even quite relevant to compare them to see what's in store for both. WebMoney betting sites, for instance, offer a lot of perks to punters and can be a viable alternative, so let's compare the two and see which one might be the better pick for a sports betting experience.
Bank Transfer Sportsbooks |
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Bank transfer betting sites facilitate both deposits and withdrawals.
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Bank transfers are quite safe and secure as banks rely on advanced security protocols.
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Withdrawals can take up to five days to be processed. |
Bettors benefit from the highest deposit and withdrawal limits when using bank transfers.
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International bank transfer fees can be quite high. |
Bank transfers are widely accepted, and almost all betting sites support wire transfers.
|
vs
WebMoney Sportsbooks |
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WebMoney betting sites allow the payment method to be used for deposits and payouts. |
Operated by a reputable company, WebMoney uses advanced encryption measures to protect transactions.
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WebMoney withdrawals might be processed within the same day. |
WebMoney deposits and withdrawals don’t have the accommodating limits permitted by bank transfers. |
WebMoney doesn’t charge transaction fees, but service costs can’t be avoided.
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It can be tricky to find betting sites that work with WebMoney.
|
Bank Transfer Betting Apps
Using banking apps is a normal activity for many people today. The good news is that they can be used together with the mobile apps provided by the sportsbooks, making the interaction between user and site much quicker and easier. Here are some of the best betting sites that combine both the use of mobile apps and the acceptance of bank transfer method:
Betting App | Compatibility |
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Android |
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iOS & Android |
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iOS & Android |
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iOS & Android |
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iOS & Android |
Alternatives to Bank Transfer Bookmakers
The best online betting sites that accept bank transfer payments also work with several other banking options. That means users can choose bank transfers to use as a withdrawal option to benefit from their security and reliability but select a faster deposit method to improve their online betting experience even further. Let's look at five excellent alternative payment methods that can be used instead of bank transfers or in conjunction with them to complement the online sports wagering adventure.
Ethereum
The second biggest cryptocurrency behind Bitcoin, Ethereum is a top choice for many sports bettors. Using blockchain technology, all transactions are reliable and take place on an encrypted network, being digitally recorded as well. With an estimated 1.183 million daily ETH transactions, users can be sure that their funds will reach their destination, as this currency is becoming more popular and generally accepted in online gambling.
- As with bank wire transfer payments, Ethereum allows deposits and withdrawals at online betting sites. However, ETH bookmakers provide faster deposits and withdrawals.
- Using Ethereum at online sportsbooks comes with little to no fees. That is a significant upgrade compared to the transaction fees that are due when using international bank transfers.
On the downside, though, ETH transactions are not reversible, whereas a bank providing good customer support services might be able to.
PayPal
After quickly becoming one of the most popular digital wallets, PayPal turned a prime choice for sports bettors as well. With more than 435 million users in over 200 countries, this payment method supports an impressive range of 25 currencies and is widely accepted in the online gambling market, being available for deposits and withdrawals.
- PayPal was created with mobile users in mind. Therefore, those who wager on these devices can use their mobile sportsbook betting app along with the PayPal mobile solution on the same Android or iOS device.
- PayPal is very user-friendly as it only requires an email address or phone number to process a payment and a two-step verification app for identity confirmation. Moreover, transfers are instant.
As with other payment methods, though, PayPal has some disadvantages. The biggest problem with using this e-wallet is the wide range of fees that can often be quite steep. Similarly, customer support can sometimes take a while to respond.
Maestro
With over 666 million Maestro cards issued since it was first launched in 1991, this is still quite the popular payment method nowadays, especially in Europe. This is reflected in the large number of betting sites that accept Maestro, most of these for deposits and withdrawals. While the former is instant, the latter can take some more time, being compensated for their security and reliability.
- Debit cards are always safe options when claiming bonuses or free bets, and Maestro is usually included as a method to claim sports betting bonuses.
- With debit cards, there is no risk of overspending, which is a problem for many bettors using credit cards. Maestro debit cards are excellent options as they allow spending only the money that is in the bank account at the moment and not go into the red.
Jeton
Established in 2017, Jeton is an e-wallet that is regulated by the Financial Conduct Authority (FCA). It works with more than 70 payment methods, meaning users will never be short of options when it comes to topping up their digital wallet. Jeton online betting sites are getting more popular nowadays, and as with other e-wallets, the method can be used for deposits and withdrawals, too. All of the 40+ currencies it supports serve a similar purpose.
- Jeton transactions are faster than most alternative banking options, particularly bank transfers. The service also boasts a mobile app that comes in quite handy for bettors who play on the go and require to transfer funds immediately.
Unfortunately, there are also a few drawbacks to using Jeton to fund online sports betting accounts. The major ones are that Jeton charges a 2% fee on all transactions and that both the registration and verification processes are quite lengthy when creating a Jeton account.
Kevin.
Kevin. is a good option for people who want to continue funding their betting adventure using bank transfer payments but also want faster deposits and withdrawals. Founded in 2017, Kevin. is an account-to-account banking system that allows transactions directly from your online bank account. The best perk about this payment method is that it's significantly faster than traditional payments made via bank transfer and will often ensure same-day deposits and withdrawals.
When using Kevin. at online sportsbooks, players can claim a fair share of bonuses and free bet promos as well, as bank transfer payments made with Kevin. are not excluded from sportsbook promos. They will also pay very small fees.
The biggest disadvantage of Kevin. is that only a few sports betting sites accept it and they all almost exclusively accept players from Europe. This means that users from other regions might end up returning to traditional bank transfers after all, as not many sportsbooks work with this account-to-account payment system.































































Bank Transfer Betting Summary
Even though bank transfer betting sites come with a couple of drawbacks, such as slow transactions, they are still one of the best payment options to transfer money. At Betpack, we find the best betting sites that accept bank transfers, so that our readers can get the best experience and rely on their wire transfers when it comes to security, bonuses and betting options.
Bank transfers allow sending and receiving money at online sportsbooks directly from and to users bank accounts. They are convenient and easy to use payment methods that most betting sites accept, not to mention that one of the best things about bank transfers is the high level of security they provide, thanks to the latest state of the art safety measures used, particularly reputable financial institutions.
Other perks of using wire transfer payments at online bookmakers include the fact that betting sites with bank transfer deposits and withdrawals are great for high-rollers and low-stakes gamblers, as they provide high maximum limits for both operations. Moreover, because there are no intermediaries between the user and the bank, punters don't have to pay additional platform fees, and transaction costs are often on the low side.
Frequently Asked Questions
Is it Easy to Use Bank Transfers at Bookmakers?
Yes, it is. If the bookmaker provides a bank transfer payment option, it will be incredibly easy for clients to use it as their preferred payment method. All there is to do choosing the bank transfer option and start depositing funds. The same applies for the withdrawal option by following the instructions the betting site provides.
How Long Do Bank Transfer Withdrawals Take?
Bank transfer withdrawals usually take between one and three days for domestic transactions, and between three and five days for international bank transfers. Of course, the payout of a bank transfer will also depend on how fast the betting site processes users' withdrawal request.
Are Bank Transfers Safe for Betting?
Yes, they are. Bank transfers are considered the most secure payment method for when creating an online sports betting account. Banks have the funds and resources to invest in the latest, most robust security technology, which might not always be the case with obscure payment methods or those that have just been introduced.
Are There Any Hidden Bank Transfer Fees?
There are usually no hidden bank transfer fees, as most banks are legally obliged to inform their clients about the costs incurred when depositing and withdrawing money. However, even though there are no hidden fees, bank transfers will almost always come with additional costs.
Can I Get Bonuses if I Deposit with a Bank Transfer at Bookmakers?
Yes, you can. Bank transfer betting sites often have a wide range of sportsbook bonuses that can be claimed when users deposit using bank transfers. All that needs to be ensured is that the bonus terms are complied with, such as if the qualifying deposit meets minimum deposit amount.