How to withdraw funds from your online Betfred account

Here at Betfred Insights, we like to lend a helping hand to our audience by providing you with insightful content that will bring you closer to being a Betfred Fundi. So if this is your first time coming across the Betfred brand, and you find yourself struggling to withdraw your winnings, this article is for you.

If you need help making a deposit, read our article on how to deposit funds into your Betfred account

How to Withdraw

Betfred understands How important it is for our customers to be able to withdraw their funds in a quick and securely manner. We offer a variety of ways for you to with draw your funds hassle free. Our withdrawal methods include, EFT, Vouchers, and Cash. You can choose the withdrawal method that best works for you!

EFT

Once you have completed your registration on betfred.co.za, and saved your banking details. You will be able to withdraw your winnings directly into your bank account using one of our safe and secure EFT options.

Walletdoc

Walletdoc is a seamless withdrawal solutions for Visa and Master Card. Make a quick withdrawal from your PC, laptop or smartphone.

• Click on Walletdoc on the withdrawals page
• Confirm your bank
• Enter the amount you wish to withdraw
• Click on Request Withdraw
• Withdrawal will take approximately 30 minutes to process during our trading hours.

Ozow

• Click on OZOW on the Withdrawals page
• Confirm your bank provider.
• Enter the amount you wish to withdraw
• Click on Request Withdraw
• Withdrawal will take approximately 30 minutes to process during regular banking hours
• Minimum: R200. Maximum: R25,000 (Max per day, per customer)

Vouchers

Shoprite Money Market Voucher Account

Instantly withdraw your winnings into your Shoprite MoneyMarket Account in the form of a voucher that will enable you to pay for goods/services in any of their stores, pay someone else using your phone, pay bills and accounts, send grocery vouchers or buy prepaid electricity, airtime and more.

As part of Betfred's promise to give you instant access to your winnings, we are proud to bring you the option of withdrawing directly into your Shoprite MoneyMarket Voucher Account.

Follow these steps below to make your withdrawal;

• Click on Shoprite MoneyMarket Account on the Withdrawals page
• Enter the amount you wish to withdraw
• Click on Request Withdraw
• Voucher will be instantly available in your Shoprite MoneyMarket Account
• Minimum: R50. Maximum: R3,000 (Max per day, per customer)

Money transferred into your MoneyMarket Voucher Account can be used for the following:

• Pay for goods/services at any of their stores (Shoprite, Checkers, uSave, Checkers Hyper, K'nect and more)
• Pay someone else using your phone
• Pay bills and accounts with no transaction fees
• Send grocery vouchers to any cellphone number in South Africa
• Buy prepaid electricity, airtime and more

Note that this option does not enable you to withdraw the winnings as cash from your Shoprite MoneyMarket account

Cash

Betting Shop (Your nearest Betfred off track betting shop)

Withdraw cash from your Betfred Online account from any of our 60+ retail locations around South Africa. Enjoy the amazing facilities on offer in-store before topping up your online account. If your are wondering where you can find your nearest Betfred branch, just search for your nearest Betfred Branch online using maps or any search engine.

• Withdraw cash from your Betfred Online account from any of our 60+ retail locations around the country.
• Minimum: R50. Maximum: R3,000 (Max per day per customer)

FNB Instant Cash

• Click on FNB logo on the Withdrawals page
• Enter the amount you wish to withdraw
• Click on Request Withdraw
• You will receive a PIN via SMS that you can use to withdraw your cash at any FNB ATM.
• Allow approximately 30 minutes processing time before attempting your ATM withdrawal
• Minimum: R200. Maximum: R3,000 (Max per day, per customer)

Standard Bank Instant Cash

• Click on Standard Bank logo on the Withdrawals page
• Enter the amount you wish to withdraw
• Click on Request Withdraw
• You will receive a PIN via SMS that you can use to withdraw your cash at any Standard Bank ATM
• Allow approximately 30 minutes processing time before attempting your ATM withdrawal
• Minimum: R200. Maximum: R3,000 (Max per day, per customer)

You've reached the end of our How to withdraw funds from you Online Betfred Account article. I hope this piece has made withdrawing your funds from your online account easier and hassle free.