EFT (Electronic Funds Transfer)
bank transfer
1-3 business days
1-3 business days
Free
41 sites
About EFT (Electronic Funds Transfer)
EFT (Electronic Funds Transfer) is a standard bank-to-bank electronic transfer system in South Africa processed through clearing houses like BankservAfrica. Users initiate transfers via online banking using bookmaker-provided bank details and a unique reference. Funds settle in batches, typically within 1-3 business days after verification.
Min Deposit
R5 - R50
Max Deposit
R100,000 - R1,000,000 per transaction
How to Deposit Using EFT (Electronic Funds Transfer)
Open your EFT (Electronic Funds Transfer) app or go to the bookmaker deposit page.
Select "EFT (Electronic Funds Transfer)" as your payment method.
Follow the on-screen steps to authenticate.
Confirm the deposit amount.
Funds hit your betting account quickly.
Pros and Cons
Pros
- Familiar and uses existing bank accounts
- no or minimal fees
- high limits suitable for large transactions
- secure via bank channels
- supports direct withdrawals to bank
Cons
- Slower processing times compared to instant EFT or e-wallets (1-3 business days)
- not always 24/7
- manual beneficiary setup required for deposits
- weekends/holidays delayed
Security
Leverages regulated bank security (PINs, 2FA, encryption); processed via BankservAfrica clearing house; FICA verification required for withdrawals; no card details shared
Bookmakers Accepting EFT (Electronic Funds Transfer)
41 licensed South African bookmakers support EFT (Electronic Funds Transfer).
Tictacbets
Easybet South Africa
Betway South Africa
World Sports Betting
10Bet South Africa
Hollywoodbets
Sportingbet
Gbets
Topbet
Jabula Bets
SaffaLuck
Supersportbet
Jackpot City
Bet.co.za
Betshezi
betXchange
Mzansibet
YesPlay
Betfred
Lulabet
Bravobet
Playbet.co.za
PlayaBets
Soccershop
Wanejo Bets
Lucky Fish
Swifty
PlayTsogo
Betjets
Bettabets
Luckystake
Pokerbet
betbus
PalaceBet
VirginBet
ShayaBets
Goldrush
SupabetsWhere to Get EFT (Electronic Funds Transfer)
Access via any major SA bank's online/mobile banking (FNB, ABSA, Standard Bank, Nedbank, Capitec etc.); no purchase needed