Betfred South Africa Deposit And Withdrawal Methods Guide 2023

When searching for a new betting site, one of the most important things you have to look out for is their deposit and withdrawal options. You will need a betting site that offers you a wide range of depositing and withdrawing methods and Betfred provides exactly that.

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Before we dive into the lekker deposit and withdrawal options Betfred has to offer we will show you how you can create an account and how to login to that account.

Additionally we will inform you everything you need to know about FICA documentation as it is mandatory to submit FICA documents before you start making withdrawals on your Betfred account.

How To Create A Betfred Account

Step 1: On your mobile phone or PC visit the Betfred official site.
Step 2: Tap on the red ‘Join’ button which is found on the top right corner of the site.
Step 3: On the first registration page enter your phone number.
Step 4: Complete the Captcha requirements below.
Step 5: Tap on ‘Send Code’ below to continue to the next page.
Step 6: On the second registration page enter the verification code that was sent to your phone via SMS.
Step 7: Tap on ‘Verify’ below to continue.
Step 8: On the third registration page enter your First name, Surname, Email address, Date of birth, Password.
Step 9: Tick on the box below to confirm that you agree with Terms and Conditions offered by Betfred.
Step 10: Tap on the ‘Register’ button to finally complete your registration process.

How To Login At Betfred

Step 1: On your mobile phone or PC visit the Betfred official site.
Step 2: Tap on the Login button which is found on the top right corner of the site.
Step 3: On the login page enter your email or Mobile number and your password.
Step 4: Tick on the box below to confirm that you agree on the terms and conditions offered by Betfred.
Step 5: Tap on Log In below to finally access your account.

“Now that you have created your new Betfred account and you can Sign in to it, you can now go ahead and make your deposit or withdrawal, keep on reading to understand how you can achieve this”

Betfred South Africa Deposit Methods

Visa Credit/Debit card
Mastercard Credit/Debit card
EFT
OTT Voucher
1Voucher
Blu Voucher
Ozow
Zapper
Snapscan
Celbux
Nearest in store deposit

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How To Deposit Money At Betfred South Africa

Step 1: On your mobile phone or PC visit the Betfred official site.
Step 2: Tap on the ‘Deposit’ button if you are using a mobile phone or tap on the profile icon then tap on the ‘Deposit’ button.
Step 3: Choose the deposit method you would like to use.
Step 4: Enter the amount you would like to deposit or enter your rechargeable pin if you are using a voucher.
Step 5: Tap on the ‘Submit’ button below to continue
Step 6: Follow the on screen instruction provided by Betfred to finish your deposit transaction.

Betfred South Africa Withdrawal Methods

FNB eWallet
Standard Bank instant money
EFT
Nearest in store withdrawal

How To Withdraw Money From Betfred South Africa

Step 1: On your mobile phone or PC visit the Betfred official site.
Step 2: Tap on the account profile.
Step 3: Tap on the ‘Withdraw’ button on the side bar menu.
Step 4: Enter the amount you would like to withdraw.
Step 5: Tap on the ‘Submit’ button below to finally complete your withdrawal.

Betfred South Africa FICA

Here is everything you need to know about the mandatory stage after creating a Betfred account which will allow you to withdraw your winnings.

What Is FICA?

Short for the Financial Intelligence Act is in relation to online sports betting is process whereby a punter has to send his personal documents to a bookmaker they want to register with.

This act was implemented in order to combat financial related crimes such as money laundering and tax evasion.

This process was also made by the South African government in order to verify if the account holder is a legal South African citizen and if the account holder is of legal gambling age (gambling is restricted for people less than 18 years of age).

What Documents Are Needed To FICA?

Personal Identification, which can be;
Green Barcoded South African Identity Document
Smart Identity Card

Proof Of Residence, which can be;
Bank Statement
Utility Bill

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