How can we deposit and withdraw money from Betway?
Depositing is the second most important step to the beginning of your betting activity in Betway and the withdrawals are the most pleasant experiences in the entire betting process – as once you gain enough money and you decide enjoy your incomes you can get your money from your account balance. Exactly for the methods you can make a deposit or a withdrawal in the Nigerian version of the bookmaker we are going to talk about in the article below.
Let’s start with the pages you can execute these two procedures, as well as how to reach these pages. Both – deposits and withdrawals can be done through one single page – this is the page called My Account. You can reach it by clicking on the homonymous button in the computer version of the betting website and by pressing on Menu in the version for tablets and smartphones.
Once you do that, in your smartphone you will see two different buttons, two of which are called Deposit Funds and Withdrawal Funds. In the desktop version you will be automatically opened the deposit page and in the semi-menu you will see a button, as well as the link for the withdrawal page.
Payment methods in Betway
The Nigerian version of Betway offers more payment methods in comparison to the versions for the rest of the African countries and here you can even make deposits and withdrawals with your debit and credit cards MasterCard and Visa – something that isn’t offered as an option in any other African version for this gambling platform.
Among the rest of the financial transaction methods here you will also see the system USSD M-Cash via which you can deposit directly from your smartphone.
In case you aren’t satisfied either with USSD M-Cash, or with the debit and credit card payment options, the bookie has decided to please you more various payment options with different alternatives for bank transfers – payment via ATM, payment in the closest department of any bank or directly paying via a bank wire transfer.
Limits and fees for the deposits in Betway
Regardless which of the six deposit methods in total you choose, your minimum deposit amount remains the same and it is 100 NGN. The different payment methods, though, distinguish by the maximum deposit requirement – the biggest one is in the payments in any bank department or ATM where you can deposit 10 000 000 NGN, followed by payments with debit or credit cards with maximum deposit amount of 250 000 NGN while the least upper limits are for direct bank wire transfers and USSD M-Cash payment system where you cannot deposit more than 20 000, respectively 50 000 NGN.
As to the fees for the financial transactions, most of the payment methods do not have such, excluding deposits via ATM and USSD M-Cash. If you choose the ATM payment option, you are going to be charged with 100 NGN, while the fee via USSD M-Cash is always 25 NGN.
Even though, basically, these fees are not that big, they can look quite impressive for those of you who are about to make small deposits between 100 and 200 NGN, for instance, because the fees are going to represent large percentages of the entire deposit amount. This is why if you are going to deposit a small amount of money, we strongly recommend you to select other option as long as, of course, any of them is convenient for you.