Which banks are supported for Instant EFT deposits on Betfred?

Short Answer: Betfred does not publish a complete list of supported banks for Instant EFT, but the service is powered by providers like Ozow and Capitec Pay, which facilitate transfers from all major South African banks including Standard Bank, FNB, ABSA, Nedbank, and Capitec.

This means you can deposit directly from your bank account regardless of which of the major local banks you use.

1. Supported Banks via Ozow and Capitec Pay

When you select Instant EFT on Betfred, you are typically redirected to Ozow. Ozow supports the vast majority of South African commercial banks, including Standard Bank, First National Bank (FNB), ABSA, Nedbank, Investec, TymeBank, Discovery Bank, and African Bank. If you bank with Capitec, you can use the dedicated Capitec Pay option, which allows you to verify the payment directly within the Capitec Banking App without entering your online banking login details.

2. How to Confirm Your Bank is Supported

To be absolutely certain that your specific bank is supported, log in to your Betfred account and navigate to the Deposit tab. Select the Instant EFT option (or Ozow) and look at the drop-down menu where you choose your bank. If your bank appears on that list, you can proceed with the deposit. If it does not, you will need to use an alternative deposit method such as a card, voucher, or cash at a retail store.