Betfred has made it very easy to make withdrawals. The betting site supports a range of withdrawal methods, and most of these transactions are processed for free. So, how long will you need to wait for your withdrawal to be processed? Read our guide on how to withdraw your winnings from Betfred in a few short steps.
How to Withdraw Money from Your Betfred Account?
- Go to your Betfred account and navigate to the account menu.
- Visit the cashier section and browse through the added methods.
- Keep in mind that you can only withdraw to the payment method you used to fund your account.
- Choose a preferred withdrawal option and enter the desired amount.
- Click on the button ‘Withdraw‘ and wait until the transaction is being processed.
Betfred Withdrawal Methods & Verification Terms
You should understand that all withdrawals are subject to security checks, even those processed using e-wallets. The transactions will be processed within 48 hours. After that, the time taken for the payment to get to your account will vary depending on the banking method you choose. Generally, e-wallets like Skrill and Neteller will offer quicker withdrawals.
For faster withdrawals, you should consider submitting your verification details soon after signing up on the site. This process is required by licensing bodies as it helps to protect minors and verify the details of customers. Without verifying your account, you will not be allowed to make withdrawals.
You should also consider making withdrawals using the same methods you used for deposits. Otherwise, the operator will need to take time to check some of your documents. These documents include:
- An e-wallet statement
- A copy of both sides of your debit card
- A copy of your driver’s license or passport
- A copy of your bank statement or household bills
| Payment Method | Deposit Minimum | Deposit Maximum | Time for Deposit | Minimum Withdrawal | Withdrawal Maximum | Time for Withdrawal |
|---|---|---|---|---|---|---|
 PayPal | £5.50 | £45,000 | Instant | £5 | £5000 | 48 Hours |
 Skrill | £5 | £45,000 | Instant | £5 | £6,500 | 48 Hours |
 Neteller | £5.50 | £45,000 | Instant | £5 | £4,500 | 48 Hours |
 Ukash | £5 | £5,000 | Instant | |||
 Debit Cards | £5 | £5,000 | Instant | £5 | £9,999 | 48 Hours |
 Visa | £5 | £5,000 | Instant | £5 | £5,000 | 48 Hours |
 MasterCard | £5 | £5,000 | Instant | £5 | £9,999 | 48 Hours |
 Maestro | £5 | £5,000 | Instant | £5 | £9,999 | 48 Hours |
 Bank Wire Transfer | £85 | £45,000 | Instant | £25 | £25,000 | |
 Paysafe Card | £5 | £45,000 | Instant | £5 | - |
If you intend to withdraw less than £250 in Betfred shops, you will be able to collect the funds on the day you make the request. For higher amounts, you will have to wait for the regular 48-hour processing period.
FAQ
Which e-wallets can I use to withdraw funds at Betfred?
This betting site supports withdrawals that are made using Neteller, Skrill, and PayPal.
How can I make withdrawals from Betfred shops?
If you live in the United Kingdom, you can withdraw funds by visiting a betting shop near you. In this case, you have to choose Betfred shops from the list of withdrawal options, after which you can enter the amount. Finally, you can go to the betting shops to collect your funds.
Can I withdraw funds if I have an active bonus at Betfred?
You can withdraw funds while having an active bonus, but this will lead to the cancellation of the offers.
