Instant EFT
Instant EFT Betting Sites
Instant EFT is a broad term for services that allow immediate bank transfers without manual proof of payment. It connects to your online banking to confirm the payment instantly.
Popular instant EFT providers in South Africa include Ozow, SiD Secure EFT, Peach Payments EFT Secure, Walletdoc and others.
When you choose instant EFT at a bookmaker, you’ll typically select your bank from a list, log in with online banking credentials and approve the payment – the funds then reflect in your betting account immediately.
This method works with all major banks such as ABSA, FNB, Standard Bank, Nedbank, Capitec and TymeBank among others, making it widely available.
Best Instant EFT Betting Sites
Our experts have found, reviewed and ranked the best Instant EFT betting sites that are currently available to bettors in South Africa. On this page, you will see the best betting sites that will allow you to utilise Instant EFT as a payment method.
Each of the betting sites shown on this page will allow payments via Instant EFT, but that is not all you can expect. Each bookie will come with their own generous promotions along with competitive odds, a range of markets, excellent sports coverage, a number of other payment options and much more.
You can also find a range of other payment methods that can be used to fund your account. You will find a number of betting sites that boast a range of depositing and withdrawal methods from many of the best betting sites available to you in your country of residence.
The list on this page and those across the site are regularly updated to showcase the best betting sites in a range of metrics. We recommend that you bookmark this page to ensure you can easily find the best betting sites for you.
Instant EFT Limits & Processing Times
The whole process usually takes a minute or two to log in and approve meaning they are immediate. The betting account is credited right away in real time, meaning you can get straight down to betting.
For withdrawals, some bookies now offer instant pay to a bank where funds clear within an hour via RTC. However, bank withdrawals generally take 1-2 days to clear.
Minimum deposits are as low as R5 on many platforms, which is very low. The maximum can be very high, often up to R1,000,000. This covers the needs of both casual and VIP bettors.
There are also no transaction fees from bookmakers, but we do recommend that you check if your bank charges for instant payments.
