There are many ways of transferring money from your bank account to your bookie account. Pay By Bank app is a time-tested, widely used, and one of the most reliable methods of transferring money electronically. Pay by Bank app payments to betting sites are one of the most popular and preferred payment method for thousands of UK online punters. Pay By Bank app is easy to use, safe and straightforward in its application. It has high limits for both deposits and withdrawals and can be used to claim betting bonuses. Pay by Bank app is a new online checkout option that lets you pay directly from the banking app on your phone to your bookie account. Almost every player has a bank account; thus, the primary payment method for every esports player is most likely bank transfer.
The top Pay by Bank betting sites for March, 2024 include:
Top Pay by Bank app betting sites
Top eSports betting sites accepting Pay By Bank app
In this Pay by Bank app betting sites review, we have highlighted bet365 as one of the best and most popular UK esports betting sites, using Pay By Bank app as a payment method. There are plenty of other esports betting sites that do accept Pay by Bank app, but always do your homework before betting with real money.
Pay by Bank app is a fast and secure payment method that allows you to fund your bet365 account (bet365 esports review) in GBP currency from a UK Barclays or HSBC bank account.
At Bet365, using Pay by Bank app as your preferred payment method has several benefits and bonuses. Players get the opportunity to enjoy and use the esports in-play betting system, also known as live betting. The system allows you to place bets as the esports game is ongoing.
However, you should be aware that with bet365, if you want to deposit by pay by Bank app, then the minimum deposit they will accept is £100.
Bet365 app is the most popular in the UK according to the app store and this should give you every confidence that if you want a top mobile betting service provider, bet365 fits the bill.
Best Pay By Bank betting apps
Many eSports betting sites regulated by the United Kingdom Gambling Commission (UKGC) offer the option of Pay By Bank app through their mobile betting apps. Pay By Bank app is available on Android and iOS devices, providing punters with the convenience of accessing the platform anytime and from anywhere.
Using Pay by Bank app as a payment method on mobile devices is a safe and easy method for depositing funds into your bookie accounts. As the trend of mobile betting is on the rise, more betting platforms and financial institutions are expected to develop user-friendly mobile applications for bank transfer transactions.
How to deposit at betting sites with Pay By Bank app
Deposits are instant and bet365 applies no charges for using this method. To transfer funds, first, open a bank account. If you have an existing bank account with online banking access, you can skip this step and click on deposit.
Select Pay by Bank app from the list of available payment methods at various UK esports betting sites, that accept this deposit option.
When making a deposit on a Mobile or Tablet using a device where your banking app is installed, select the ‘Pay by Bank app’ option, where you will be automatically directed to your banking app to complete the payment.
When making a deposits via the website or when using a device where you do not have your banking app installed, select ‘Pay by Bank app.’ You will then be presented with a 6-character code. You will need to navigate to the device where your banking app is installed and enter the code in the Pay by Bank app section.
You can then proceed to enter the amount you wish to deposit and provide your banking details. These details may include sort code, bank account number and name. You will then need to confirm and verify this transaction and wait for your deposit to reflect in your esports betting account.
This usually takes between 3-5 business days, and both your bank and esports bookmaker will alert you of the success of the transaction. Once complete, the amount will be instantly credited to your bet365 account.
How to withdraw at betting sites with Pay By Bank app
If you have deposited at betting sites using Pay by Bank App, all withdrawals will be processed by bank transfer. Bank transfer bookies allow you to withdraw your winnings quickly and securely from your esports betting account to your bank account.
Log into your esports betting account, choose the amount you wish to withdraw, and provide the required details. Then proceed to confirm the transaction and wait for the money to reflect in your bank account. As with the deposit process, withdrawals might take up to 10 days to reflect in your bank account.
So basically, Pay by Bank betting sites in the UK will make you use a different banking method to your deposit, when you withdraw.
Pay By Bank app betting payment fees
Some esports betting sites like bet365 apply no charges for deposits made via Pay By Bank App. Most banks charge a minimal fee on every transaction, including deposit and withdrawal transactions.
By law, all withdrawals in the UK using pay by Bank app as a payment method are unlimited, and you can cash out any amount as long as no fees are applicable.
Is Pay By Bank app safe for esports bookie payments?
Pay by Bank app is one of the most popular and widely used bookie banking methods in the UK, used by most esports betting sites. In terms of security, every reputable banking institution in the UK invests massively in cutting-edge encryption technologies invulnerable to external interference.
It is one of the safest methods of transferring funds between your bank account and your esports betting account. The bank institutes some security levels, including numerous verification and confirmation to ensure that only you can authorise a deposit or a withdrawal transaction for esports betting using Pay by Bank app.