How to Transfer Money From One Sportybet Account to Another – Full Guide

Usually, sending money from account to account is when you withdraw, but instead of cashing out from an ATM or a bank, you fund another account balance. This type of transaction at SportyBet is possible only if you have a verified account and BVN* (Bank Verification Number) and your Withdrawal PIN is set. Make sure you are set to transfer money from your SportyBet account. If you are eligible for this kind of transaction, here are the steps you should follow:

1. Open the SportyBet site/app and complete a login to your betting account (provide username and password).
2. Navigate to the My Account section from the upper right corner and click on the Me button.
3. Tap Withdraw and choose the Transfer to a Friend option.
4. If your PIN is set up and you have verified your email, hit the Enable button.
5. Provide the code (6 digits) for your mobile number verification.
6. Once the code is provided and verified, SportyBet will send you a congratulatory message and confirm that your account-to-account transaction is pending.

When enabling the transaction, your account will enter a 24-hour cooldown period before it is activated again. At this stage, you can simply click OK and exit. Once reactivated, here’s how you need to continue:

1. Log in to your betting profile, and navigate to the Transfer to Friend option again.
2. This time, type the account number you are going to fund.
3. Provide the transaction amount.
4. Enter the OTP code from your phone and confirm the transfer.

As you have noticed, it is important to first enable the feature before attempting to utilize it. Besides, there are limits set for such transactions. Let’s check out the minimum and maximum amount of money you can send.

*Unfortunately, the Bank Verification Number is no longer available, and new users will not be eligible to benefit from such transfers.

To transfer funds to your friend’s SportyBet account balance, it is worth knowing the fees associated with them.

According to the terms and conditions on the SportyBet website, you are allowed to transfer within the range of ₦100 and ₦5,000 per day, and the maximum eligible transaction value daily is also capped at ₦5,000.

SportyBet allows each customer to have 5 friends to utilize this feature. Keep in mind this information alongside the fees in order to avoid inconveniences and misunderstandings.

When transferring funds on SportyBet, it’s important to be careful and know how to do the procedure. Make sure you’re sending money to the right SportyBet account. Keep your account safe by using strong passwords and not sharing your details with others. Watch out for scams and only transfer money for betting with friends, not for business. Remember, there’s a limit of ₦100 to ₦5,000 per day to withdraw and move. Keep your transactions private and always follow the rules. If you have any problems, talk to SportyBet’s customer service.

The money transfer option on SportyBet offers a convenient way for players to manage and share betting funds. The main advantages include the ease of combining stakes with friends and the simple, user-friendly process.

However, this system does have its limitations, such as the daily transfer cap of ₦5,000, which could be restrictive for some users. Additionally, transferring funds is possible only for players who have previously verified their Bank Verification Number, which is currently unavailable.

While the concept of the feature itself deserves credit, it is limited only to a certain amount of punters and cannot be utilized by those who have registered recently or are considering signing up.

Does transferring funds between SportyBet accounts incur a charge?

There are no charges associated with this SportyBet feature.

What are the transfer thresholds within SportyBet accounts?

It is possible to transfer ₦100 – ₦5,000 per day from one sports betting account to another one.

Is it possible to use a credit or debit card to transfer money between SportyBet accounts?

Unfortunately, debit or credit cards cannot be used when sending money from one SportyBet account to another.

Am I allowed to move funds to a SportyBet account owned by someone else?

SportyBet allows customers to withdraw and move funds from one balance to another one.

Who should I contact for assistance with SportyBet account transfer difficulties?

In case you have any difficulties when sending funds or don’t fully acknowledge the rules, you can ask the customer care representative your questions.

Is mobile device transfer an option for SportyBet account users?

Yes, you can also withdraw and send funds from your account to another account via the mobile betting app.

What is the timeframe for the recipient to receive the transferred money in SportyBet?

Recipients will get the money instantly.

What steps should be taken in the event of an erroneous transfer to an unintended SportyBet account?

Punters can contact customer service if they accidentally transfer funds to another account.