Best Bank Transfer betting sites for October 2021

Sportingbet is well known for their football promotions and a wide array of payment methods, which includes bank wire transfer as one of them.

Offering very fast withdrawals that only take up to 24 hours, Campeonbet may be a clear choice if comfort of betting is your concern.

Bank transfer is one of the most trusted and popular payment options available to online bettors. But which are the bank transfer betting sites worth having? In this section, we’ll look closer and reveal the sites that stood out from the crowd.

We found that bank transfer betting sites are easier to locate than you may think, but be sure to do your research on the sportsbook. It should be legal, licensed and regulated in your region. If there’s no recognised betting license, you should exit the site ASAP.

But which are the best bank transfer betting sites, and what should you insist on when looking for your next online bookie? To qualify as a contender for your custom, a sportsbook should offer you as many payment methods as possible. There should be debit card payments, together with e-wallets like PayPal and Skrill. The leading bookies even allow you to trade in cryptocurrencies like Bitcoin. 

Deposits

In the battle to stand out from the crowd and be seen as a modern, forward-thinking betting site, you’ll be offered all these options. However, one of the simplest yet most used is the humble bank transfer. Why is that? It may not be viewed as the cutting edge of technology, but online betting with bank transfer gets the job done. Bank transfer payments are amongst the most secure options, as well as being fast and reliable. 

You’ll get instant access to your deposits, allowing you to top-up and bet on upcoming sports without delay. This is great for those gambling in a rush or betting in-play.  Pay for your sports betting with bank transfer and you’ll become an instant fan.

Withdrawals

Withdrawals can be made via bank transfer too. Bank transfer bookies allow you to transfer winnings quickly and securely from your betting account to your bank account. This can be done with just a few clicks. Transfer times apply, however, and it’s worth keeping this in mind. It could take between 3‒5 business days for withdrawals to show in your bank account. 

This puts a few people off using bank transfers, especially when some e-wallets offer instant access. But the transfer times are speeding up. We found in testing that, on occasion, withdrawals become available instantly in your bank account.

Advantages of Bank Wire Betting

While almost all online sports betting Bank Wire sites are pretty clear on what the pros and cons are of using the payment method, it’s worth running through a few here.

Perhaps the biggest benefit of playing with sports betting websites that accept Bank Wire payments is that there are usually no limits on the amount you can deposit and withdraw. If there are limits, they’re typically very high, far more than you’d find with conventional payment methods like debit and credit cards and e-wallets.

Better yet, almost all betting companies that use Bank Wire will credit deposits instantly to your account. And as long as you’re making payments in your local currency, there shouldn’t be any fees or charges attached too.

It’s incredibly easy to make deposits and withdrawals via this payment option. Later on in this post, we’re actually going to show you how to do so.

Disadvantages of Bank Wire Betting Sites

Thankfully, there are generally relatively few disadvantages to making deposits and withdrawals using Bank Wire – and the only real issue is the time it takes to send a transfer.

For example, when you’re using conventional payment methods like debit and credit cards or ewallets, you’re instantly taken to the payment method’s website where you can then login with your details and make the deposit.

When you’re making a Bank Wire deposit, however, you need to actually go to your banking app and manually input the transactions.

This also can lead to customers inputting the incorrect information into the banking app. Thankfully, this is very uncommon. Still, if you’re planning on making a deposit using Bank Wire, we highly recommend you double-check the account details you’re sending the money to. If you don’t, and you end up putting in the wrong details, it can be quite a pain to get sorted.

Other than that, however, there aren’t really any major disadvantages with using Bank Wire. It’s fast, free (in most cases), and the fact that there aren’t any limits imposed on the payment method makes it a great way of depositing and withdrawing for high rollers.