Betfred Withdrawal Process

Published on: 28/03/2017

If you`ve placed a winning bet at Betfred, you`ll probably want to withdraw your winnings – and the Betfred Withdrawal process is a very easy process.

How To Make A Withdrawal From Betfred

Click on the ‘My Account’ tab, which is the green tab located in the top tight-hand corner of the home-page.
Click on the ‘Withdraw’ tab.
Check the withdrawable balance.
Choose which of the following six withdrawal methods you want to withdraw funds to: Credit/Debit Card, Skrill, Neteller, Bank Transfer, PayPal, Ukash (please note you must have previously made a deposit using a payment method).

Click on the ‘Withdraw’ tab.
Confirm your details.
Enter the amount you wish to withdraw.
Confirm Withdrawal.

Please Note: If you make multiple withdrawals on the same day using the same withdrawal method, Betfred may cancel the separate transactions and make one collective transaction at the end of the day. This helps Betfred keep banking-costs as low as possible, allowing them to continue to offer the best service possible.

If Betfred has any doubts about the authenticity of the owner, Betfred may ask you to prove your identification by:

Asking for a photograph/copy of the back and front of the card in question.
Asking for a photograph/copy of one of your recent bank statements.
Asking for a photograph/copy of your driver’s license, passport or ID Card.

Withdrawing By Debit Card Or Credit Card

Withdraw part of your balance or your total balance directly back to any card you have made a deposit with.
Funds take up to 3 working days to reach your account.
Withdrawals are free.
Minimum Withdrawal £5.
Maximum Withdrawal £9,999.99.

Making A Withdrawal Using Neteller

Betfred Members who nominate Neteller as their preferred method of deposit will automatically have their withdrawn funds paid into their Neteller account.
There is no charge for withdrawing funds via Neteller at Betfred, providing the amount you deposited has been wagered at least once. Otherwise, the withdrawal will be subject to a fee of 2% of the amount withdrawn.
Minimum Withdrawal £5.
Maximum Withdrawal £4,000.

Making A Withdrawal Using PayPal

All Betfred Members who deposit using PayPal will automatically have any withdrawn funds paid into to their PayPal account.
There is no charge for withdrawing funds using PayPal at Betfred.
Transactions are usually processed within 48-hours.
Minimum Withdrawal £5.
Maximum Withdrawal £5,000.

Making A Withdrawal Using Skrill (Moneybookers)

All Betfred Members who deposit funds using Skrill will have any withdrawn funds automatically paid into their Skrill Account.
All withdrawals by Skrill are free of charge at Betfred.
Minimum Withdrawal £5.
Maximum Withdrawal £6,500.

Making A Withdrawal By Bank Transfer

Betfred allows members to withdraw funds by Bank Transfer free-of-charge once every 28-days. Any further requests within the same 28-day period will be subject to a £12 charge, or a £25 charge for urgent withdrawals.
Maximum Withdrawal is £25,000.

Making A Withdrawal In A Betfred Shop

Withdrawals may be made in-shop via Internet accounts or telephone accounts.
You must have to deposited funds in the shop to withdraw funds from the shop.
You must produce photographic ID.
Only withdrawals under £250 can be processed on the day of request. 48-hours-notice is needed to request withdrawals over £250.