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Betfair Help

Bank Transfer

Note: This payment method will no longer be operational for deposits as of the 14th of May 2024. Withdrawals will continue past this point.


We no longer allow direct deposits sent to our BSB & Account Number. OSKO is supported however, and is the recommended payment method for customers who currently use Bank Transfer. Click here to learn more


Minimum Amount – $15

Processing Time – 1-3 working days

Fees – Free

To withdraw funds

To process a withdrawal from your account you need to select or hover over the 'My Account' option found at the top right-hand side of the home page, where a dropdown list will appear.

• From the dropdown list, click the 'My Betfair Account' option, which will open a new page.
• Once on the new page, you will see tabs running across the page. Select the 'Payments' tab then ‘Withdraw’.
• From here choose the ‘Alternative Methods’ option.
• Enter the amount you want to withdraw in the box on the right-hand side of the screen and click the ‘Withdraw’ button.
• This will generate a pop-up box where you will be able to add your bank account details

After this the withdrawal details will be saved, so next time all you’ll need to do is put in the amount and click ‘Withdraw’!

Please note that withdrawals via bank transfer are fee free and take 1-3 working days.

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