Bank transfer is the most secure and straightforward way to move money to and from betting accounts in Ireland. While slower than cards or e-wallets for deposits, bank transfers are universally accepted, have high limits, and are fully eligible for welcome bonuses. Open Banking services have made bank transfer betting much faster in recent years.
Types of Bank Transfer for Betting in Ireland
| Transfer Type | Speed | Notes |
|---|---|---|
| SEPA Credit Transfer | Next business day | Standard IBAN transfer; most bookmakers' preferred manual method |
| SEPA Instant Credit Transfer | Under 10 seconds | Both banks must support it; not universal in Ireland yet |
| Open Banking (Trustly, etc.) | Instant to minutes | Bank login via cashier; no IBAN needed; fast and convenient |
Standard SEPA Bank Transfer — How It Works
To make a manual bank transfer deposit at a betting site:
- Select "Bank Transfer" in the cashier and note the bookmaker's IBAN and payment reference.
- Log in to your online banking and create a new SEPA transfer to that IBAN.
- Include the payment reference exactly as shown (this links the transfer to your account).
- Allow 1 business day for funds to appear in your betting account.
Important: Always use the reference code provided. Missing or incorrect references can delay crediting.
Open Banking — Bank Transfer at Instant Speed
Open Banking services (such as Trustly) integrate directly into the betting site's cashier. Instead of manually initiating a transfer, you:
- Select Trustly (or similar) in the cashier.
- Choose your Irish bank and log in securely using your online banking credentials.
- Authorise the transfer — funds arrive in your betting account almost instantly.
Open Banking is regulated under EU PSD2 rules and your bank credentials are never shared with the bookmaker.
Bank Transfer Withdrawal Times
Bank transfer withdrawals are the standard method for large payouts. The bookmaker processes your request (typically within 24 hours for GRAI-licensed operators), then sends a SEPA transfer to your IBAN. Funds arrive in your bank account within 1–3 business days. Some operators offer SEPA Instant withdrawals where supported.
Accepts bank transfer deposits and withdrawals. GRAI remote betting licence. 18+ only, T&Cs apply.
View Welcome Offer →Frequently Asked Questions
SEPA bank transfers take 1 business day for standard transfers. SEPA Instant is under 10 seconds where supported. Open Banking services like Trustly are instant. This is slower than debit card or e-wallet deposits.
Yes. Bank transfer deposits are generally eligible for welcome bonuses at licensed bookmakers. They satisfy KYC requirements and are treated the same as card deposits for bonus purposes.
Bank transfer withdrawals typically take 1–3 business days once the bookmaker processes the request. GRAI-licensed bookmakers are expected to process requests promptly.
Open Banking services like Trustly let you make bank transfers instantly from within the betting cashier. You log in to your bank securely and authorise the payment — no IBAN entry needed. This makes bank transfer as fast as a card deposit.