Bankers’ Automated Clearing System (BACS) is now known as BACS Payment Schemes Limited. It is a payment company responsible for the clearing and settlement of direct debits in the United Kingdom (UK). A third-party payment service, its connection to banks allows it to function like a debit or credit card.
With over 140 billion completed transactions, the convenience of this as a payment method has been proven and tested. It also made partnerships with several online bookmakers for a more convenient payment method.
Aside from BACS being used in the UK, there are also BACS payments that cater to international transactions. If you’re planning to bet with this payment method, read more to discover which betting sites accept BACS.
Rank | Bookmaker | Rating | Bonus | Get bonus |
---|---|---|---|---|
1 | Casino Infinity | 4.5/5 | 100% First deposit bonus up to £170 | PlayRead review |
2 | N1Bet | 4.5/5 | 300% match bonus up to 4,400 BGP! | PlayRead review |
3 | 888Starz | 4.3/5 | Promocode: "ALLBETS" 100% bonus up to 130€ | PlayRead review |
4 | 22Bet | 4.5/5 | 100% welcome bonus up to £103 | PlayRead review |
5 | heyspin | 4.5/5 | Bet £15 get £10 welcome offer | PlayRead review |
6 | BC.Game | 4.8/5 | Welcome Bonus Up To 270% | PlayRead review |
7 | 1Bet | 4.5/5 | Welcome bonus up to 100 EUR | PlayRead review |
8 | 20Bet | 4.5/5 | Welcome bonus up to 100 EUR | PlayRead review |
9 | Melbet | 4.5/5 | Welcome Bonus up to 100 EUR | PlayRead review |
10 | BetWinner | 4.3/5 | Welcome Bonus up to 100 EUR | PlayRead review |
With online payment methods, you no longer have to wait in line for the cashier or the attendant to process your bet. Rather, it is with the help of online payment methods like BACS that you can quickly fund your account to make online sport betting more convenient. This means that you can now place a certain budget on your account and use it for your sport betting activities.
Lower fees and charges | ✅ |
Secure | ✅ |
Customer-friendly | ✅ |
Direct Debit Guarantee | ✅ |
Reliable company | ✅ |
Transactions made with BACS are safe and secure. Your safety is guaranteed as each transaction will require you to confirm your name, bank details, as well as sort code. Therefore, you can’t complete a transaction without verifying the necessary info you need.
Betting with BACS is easy as 1..2..3! If you are already a BACS user, rest assured that you no longer have any problems when making transactions. If you haven’t tried gambling with it yet, here are the simple steps on how you can do so:
Upon checking our list of sportsbooks that accept BACS, you will find a site that appeals most to your betting preferences. Our recommended sites are all safe to use but you may still wish to review each one to find out what’s best for you.
After choosing, sign up for an account and learn more about its features. Make sure to navigate the site as well to have an idea about what sports betting offers are available.
Once you’re already familiar with what your chosen site offers, start funding your account.
After the amount has been credited to your account, feel free to navigate your chosen site and start placing bets.
Aside from the fact that you can deposit with payment methods betting sites BACS, you can also use it to withdraw your winnings. Quite similar to deposits, this process may also take three days to finish.
To withdraw, click your account and choose the withdraw option. Upon selecting BACS, input all of the necessary details. Wait for its confirmation and for the process to complete. Once done, patiently wait for the amount to reflect on your account.
To cancel your withdrawal, just contact BACS by email or through their hotline. If your chosen site has a live chat service, try reaching out to them and see if they can take care of canceling the process themselves.
Regardless of how convenient it is to see betting payment options BACS, you should withdraw money gradually. This way, you can check if it came through. This is also a safe way to protect your money in case a transaction fails.
Online bookmakers are all capable of handling big amounts of money from all their account holders. To ensure the smoothness of all transactions, limitations are set. In a way, it will help you manage your bankroll. The regulations may vary from one site to another so it’s best to check it with your chosen site.
A BACS transaction starts with the file being submitted on Day 1, gets processed on day 2, and is received on day 3.
BACS can only process transactions from 7 AM to 10:30 PM on weekdays.
BACS is a form of bank transfer that’s why they’re usually connected to one another. Aside from BACS, other bank transfer types include CHAPS and Faster Payments.
BACS works smoothly with around 30 banks. You may check their sites to find out more about them.
BACS is also used for paying wages, salaries, and pensions. Some even use them to manage expenses.