Electronic Funds Transfer
EFT Betting Sites
Electronic Funds Transfer, also known as EFT, is one of the most popular ways to deposit money into a South Africa betting account. The call for EFT betting sites has been growing, and this has seen a rise in the number of viable bookmakers for EFT bettors.
There are now a range of top quality EFT betting sites in South Africa, and this page will show you all of the best EFT betting sites that you can sign up with and bet on the biggest and best sports with.
An Electronic Funds Transfer refers to a direct bank transfer from your account to the betting site’s bank account. You can deposit by adding the bookmaker as a beneficiary and transferring funds via online banking or even by cash deposit at an ATM.
Standard EFT deposits usually take 1–3 business days to reflect, unless you use instant clearance. Most bookies provide local bank accounts to receive EFT deposits, and you’ll often need to email or upload proof of payment for manual verification.
Best EFT Betting Sites
We have combed through all of the betting sites that allow bettors to wager using EFT. On this page, you will find our curated list of the best EFT betting sites, with each allowing you to fund your account using the payment method.
Each of the best betting sites will provide customers with the ability to wager using a range of payment options. Alongside an array of other payment options, you will find EFT stands up as one of the most popular payment methods with a range of betting sites.
If you are looking for a payment option outside of EFT, then you can find a range of depositing and withdrawal methods that can be used at the best betting sites in South Africa.
You will find regularly updated lists that contain the best betting sites available to you. Our experts review and rate all of the available betting sites that allow EFT, so make sure you bookmark this page to stay on top of the best EFT betting sites.
EFT Limits & Processing Times
Processing times are typically between 1-3 days. Some sites are able to process payments within 24 hours, but this is not the norm. It is worth noting that some other alternative options offer instant crediting.
The minimum deposit when using EFT as a deposit method is around R50. Maximums can be as high as R1,000,000 at some bookmakers. For withdrawals, you will see funds credited with 24-48 hours, while there is no upper limit outside of what your bank can receive.
