When opening a new Coral account, we aim to equip punters with all the knowledge required to choose the best payment options that suit their betting needs.

Coral offers a wide range of payment options for both depositing and withdrawing your funds.

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It is essential to read through the terms and conditions of each payment method, as some charge transaction fees and take longer to process withdrawals than others.

We aim to fully inform our readers so they can make the best decision that works for everyone.

How Do I Withdraw Money from Coral?

If your Coral account is active and verified, you can request a withdrawal of funds. Follow the process below:

  • Log in to your Coral account.
  • Select the “Withdrawal” tab and choose from the list of available withdrawal options.
  • Follow the instructions that appear on your screen to get your winnings in your bank account.

What is the Minimum Withdrawal at Coral?

The minimum withdrawal amount available at Coral is £5 for UK punters.

This is quite a typical amount for bookmakers in the United Kingdom. Be sure to read on to explore each payment option and find the best one for you.

How do I deposit money into Coral?

Depositing at Coral has never been easier. Follow the instructions below to begin betting:

  • Log in to your Coral account.
  • Select the “Deposit” button located in the “My Account” tab.
  • Choose your preferred payment method.
  • Input the amount you wish to deposit.
  • Once the deposit has been confirmed, your funds will be deposited into your account.

It is essential to review the deposit options available at Coral, as you want to ensure you find the most suitable method for your needs. Look out for a fee-free transaction process that will instantly deposit your funds into your account. We suggest Apple Pay or PayPal.

What is the Minimum Deposit at Coral?

The minimum deposit at Coral is currently £5, a standard amount for online betting companies.

Some deposit methods may have higher minimum deposit limits. We recommend reading through the terms and conditions of each payment option to determine the best choice for you.

What is the Coral Maximum Payout Limit on a Single Bet?

At Coral, the maximum payout limit on a single bet is £1,000,000 for horse racing, Irish Lotto, 49’s, Football, and Greyhound betting.

It is essential to note that the maximum payout limit applies to each sporting event. Be sure to check the unique payout limit for each sport you are betting on.

If you have placed multiple bets with multiple maximum payouts, the lowest payout limit will then be applied to any of your winnings.

What is the Maximum Withdrawal from Coral per day?

The maximum daily withdrawal available at Coral is £20,000, and the minimum withdrawal amount punters can make is £5.

Punters should verify each payment method, as these figures may vary depending on the chosen payment option.

Why Can’t I Withdraw Funds From Coral

Punters will not be able to withdraw funds from Coral for various reasons. You will find a list of the most common reasons:

  • The punter may have exceeded the withdrawal limit if you are trying to withdraw more than £20,000 per day.
  • You have tried to withdraw less than the minimum £5.
  • The Coral account may not be fully verified, or identification has not yet been approved.

If the list above doesn’t apply to you and your account, we recommend contacting the Coral customer support team as soon as possible.

What is the Maximum Deposit at Coral per day?

The maximum deposit at Coral is approximately £2,500, and the accepted payment method is a Debit Card.

It is essential to note that deposit limits vary depending on the minimum and maximum deposit amounts.

If you are unsure of the terms and conditions for each payment option, you can review them below. If you have any further questions, please get in touch with the Coral customer support team.

Does Coral Accept Credit Cards?

Coral, like many online betting shops, currently doesn’t accept Credit Cards as a payment option.

A great alternative to credit cards is debit cards. Coral accepts debit cards, including Visa, Mastercard, and Maestro.

If you registered your credit card with Coral before April 14, 2020, you can still use it for withdrawals.

Does Coral Accept PayPal?

Coral currently accepts PayPal as a payment option for both deposits and withdrawals.

PayPal is an e-wallet that allows quick and easy deposits and withdrawals. You will not be required to enter any debit card or bank account details when using your PayPal account at Coral.

Withdrawals using PayPal will be credited to your bank account within 8 hours. You can request a PayPal withdrawal by accessing the banking tab through the My Account section.

Does Coral Accept Skrill?

Coral accepts Skrill as a deposit and withdrawal method at their online betting company.

It is important to note that Skrill isn’t available if you are located in the United Kingdom.

For players who are outside the United Kingdom, you can use Skrill for both deposits and withdrawals. The minimum deposit amount using Skrill is £5, and the maximum is £25,000.

Numerous Skrill betting sites accept this e-wallet for both deposits and withdrawals.

Does Coral Accept Bitcoin?

Coral currently doesn’t accept Bitcoin as a payment option.

Cryptocurrencies are currently not available at betting companies in the United Kingdom. As cryptocurrencies gain popularity, it is essential to seek the latest information on cryptocurrencies that are continually being accepted.

Coral offers a variety of payment options for both deposits and withdrawals. A great alternative to cryptocurrency is PayPal, as it is a worldwide fee-free transaction process.

Does Coral Accept Revolut?

Coral currently accepts Revolut as a payment method.

When depositing funds into your Coral account, you will incur no fees. A significant advantage of using Revolut is that withdrawals are instant.

Please note that all gambling transactions made at Coral using Revolut will be reflected on your bank statement.

Does Coral Accept Monzo?

Coral currently accepts Monzo as a payment option for both deposits and withdrawals.

Punters using Monzo will incur no fees when depositing at Coral, a feature we appreciate that promotes responsible gambling. This is achieved by allowing you to block any gambling transactions within their app. It is essential to note that you must disable this setting before making your first deposit at Coral.

Monzo can be used to place bets on any of the various sporting markets Coral has to offer. Withdrawals using Monzo will be credited to your account within 2-5 working days.

Does Coral Accept Amex?

Coral currently doesn’t accept Amex as a viable payment option.

The Gambling Commission has banned the use of credit cards for online betting sites, aiming to promote responsible gambling among players.

Coral offers a wide range of payment options for punters to choose from, including bank transfers and e-wallets such as PayPal and Trustly.

Does Coral Accept Apple Pay?

Coral accepts Apple Pay as a method for depositing and withdrawing funds.

Punters using Apple Pay will incur a fee-free transaction process. To deposit using Apple Pay, navigate to the deposit section and select Apple Pay from the available payment methods.

Funds will be deposited into your Coral account instantly, which is one of the main advantages of using Apple Pay as a payment method. When it comes to withdrawals, you can expect to find the funds in your bank account within 1-3 banking days.

Does Coral Accept Phone Bills?

Coral accepts Phone Bill payments, allowing punters to use their phone bill or mobile credits to deposit on the Coral website.

Phone bill payments can also be made through a wide range of services available, such as Boku and Payforit.

Phone deposits are a very convenient payment option for punters, as you don’t need to enter any private or sensitive information, such as bank details, to fund your account.

The minimum deposit for most Coral phone payment methods is £5.

Does Coral Accept Boku?

Coral currently accepts Boku as a payment option.

Depositing with Boku has never been easier and is a fee-free process, which we understand many of their punters enjoy.

It is essential to note that Boku can only be used for deposits; you cannot withdraw directly with Boku, and all withdrawals will be processed via wire transfer.

Does Coral Accept Google Pay?

Coral accepts Google Pay as a payment method to make bets online.

Using Google Pay incurs no fees, and withdrawals are typically processed within 24 hours, with funds arriving in your account promptly.

Please note that transactions made using Google Pay will appear on your bank statements. We understand that this may be a disadvantage for some punters.

Does Coral Accept EcoPayz?

Coral currently doesn’t accept EcoPayz as a method for depositing or withdrawing funds.

This article provides readers with a wide range of payment options, so you don’t have to worry about finding the perfect one for you. We would suggest trying to find an instant deposit method that offers a fee-free transaction process.

Does Coral Accept Ethereum?

Coral doesn’t accept Ethereum or any form of cryptocurrency as a payment option.

The closest payment method to cryptocurrencies that offers a worldwide banking solution is PayPal. Be sure to read the terms and conditions carefully when depositing and withdrawing with PayPal, as this is the chosen deposit method.

Does Coral Accept Neteller?

Coral accepts Neteller as a payment option for both deposits and withdrawals.

The minimum punters can deposit with Neteller is £5, if you wish to deposit less than £5 we would suggest getting in contact with Coral’s customer support team for further assistance. Withdrawals using Neteller will be credited to your bank account within 8 hours.

To make Neteller your preferred payment option, click on the Banking page of Coral’s website and select Withdraw to my Neteller account.

Does Coral Accept Payforit?

Coral does accept Payforit as a valid payment method.

Depositing funds into your Coral account using Payforit has never been easier. Register your mobile device on the Coral site and then follow their step-by-step guide for mobile payments.

When withdrawing your funds using Paysafecard, you can expect the funds to be deposited into your bank account within 2-4 business days.

Does Coral Accept Paysafecard?

Coral does accept Paysafecard as a payment option for both deposits and withdrawals.

The minimum punters can deposit using Paysafecard is £5, and the funds will arrive in your Coral account instantly.

To complete your deposit with Paysafecard, you must agree to their terms and conditions before making a payment.

Does Coral Accept Trustly?

Coral accepts Trustly as a payment option to use on their online bookmaker.

It is essential to note that withdrawals can’t be made using Trustly on the Coral site. If you have deposited using Trustly, you will receive your withdrawals via bank transfer.

Punters can expect their winnings to arrive in their bank account between 2 and 4 days using bank wire transfer.

Does Coral Accept M-Pesa?

Coral currently doesn’t accept M-Pesa as a payment option for both deposits and withdrawals.

There are numerous alternative payment methods available to you, including debit cards, online banking, and e-wallets. We are confident that there is a payment option that suits you.

Does Coral Accept Naira?

Coral doesn’t accept Naira as a payment method.

If you’re looking for an excellent payment method that can be used worldwide, we recommend PayPal. This is a fee-free e-wallet that allows for quick and easy withdrawals and deposits.

Does Coral Accept Starling?

Coral currently accepts Starling as a payment method as it is classed as a debit account.

Punters using Starling will incur no fees when depositing funds into their Coral account, and withdrawing their earnings from Coral using Starling will have their funds in their account within 1-5 days.

An essential factor to note is that any gambling transactions made at Coral using Starling will show up on your bank statements, which may be a disadvantage for some punters.

Why does Coral Restrict Bets on Betting Accounts?

Coral will often limit bets on betting accounts if you get one over on the betting company too usually.

Punters with restrictions on their accounts will be unable to withdraw any bonuses or funds from their accounts.

Accounts with restrictions will receive a direct notification from Coral to inform you of the limits placed on your account.

Summary

We have examined the various payment options available to punters with Coral. We regularly review and update these, so you can make an informed choice and find methods that suit you.

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