When opening a new Coral account we aim to equip punters with all of the knowledge required when it comes to the best payment options that suit your betting needs.
Coral offers a wide range of payment options to both deposit and withdraw your funds.
It is important to read through the terms and conditions of each payment method as some payment methods charge a transaction fee and take longer to withdraw funds than others. We aim to fully inform our readers to make the best decision that works for everyone.
How Do I Withdraw Money from Coral?
If your Coral account is active and verified, you have the ability to request a withdrawal of funds, simply follow the process below:
- Log in to your Coral account.
- Select the withdrawal tab and choose from the list of withdrawal options available.
- 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 withdrawals available at Coral is £5 for UK punters.
This is quite a common amount of bookmakers in the United Kingdom, be sure to read on for each of the payment options available to find the best option for you.
How do I Deposit money into Coral?
Depositing at Coral has never been easier, simply 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 arrive in your account.
It is important to note that you should check through the deposit options available at Coral as you want to make sure you find the best method for you, look out for a fee-free transaction process that will have your funds in your account instantly, we suggest Apple Pay or PayPal.
What is the Minimum Deposit at Coral?
The minimum deposit at Coral is currently £5, this is a very common amount for online betting companies.
Some deposit methods may have higher minimum deposit limits, we would suggest reading through the terms and conditions of each payment option to find the best option 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 important to note that the max 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 withdrawal available at Coral per day is £20,000, and the minimum withdrawal punters can make is £5.
Punters should check each payment method as these figures may change depending on the payment option you choose.
Why Can’t I Withdraw Funds From Coral
Punters will not be able to withdraw funds from Coral for various reasons, below 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 suggest getting in touch with the Coral customer support team as soon as possible.
What is the Maximum Deposit at Coral per day?
The maximum deposit at Coral is around £2,500 and the payment method used for this is a Debit Card.
It is important to note that deposit limits will vary depending on the minimum and maximum deposit limits.
If you are unsure of the terms and conditions of each payment option you can read through their terms and conditions below and if you have any further questions you can simply contact the Coral customer support team.
Does Coral Accept Credit Cards?
Coral like many online betting shops currently don’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 the 14th of April 2020, then you can still use your credit cards 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 have your winnings in 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 you can deposit using Skrill is £5 and the maximum is £25,000.
There are lots of Skrill betting sites that allow this e-wallet as a deposit 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. It is important as cryptocurrencies gain popularity to keep looking for the latest information regarding cryptocurrencies being accepted.
Coral has many payment options available when making 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 great positive of using Revolut is that withdrawing funds is instant.
It is important to note that all gambling transactions made at Coral using Revolut will appear on your bank statements.
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 like that promotes responsible gambling that Monzo offers is they allow you to block any gambling transactions in their app. It is important to note that you must turn this setting off 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 have your winnings arrive in 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, this is to promote responsible gambling for players.
Coral has a wide range of payment options available for punters to choose from including bank transfer or e-wallets such as PayPal and Trustly.
Does Coral Accept Apple Pay?
Coral accepts Apple Pay as a way to deposit and withdraw funds.
Punters using Apple Pay will incur a fee-free transaction process. To deposit using Apple Pay simply head over to the deposit section and choose Apple Pay from the various payment methods available.
Funds will arrive in 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 Bill?
Coral accepts Phone Bill payments, punters have the chance 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 betting and Payforit betting.
Phone deposits are a very convenient payment option for punters as you don’t need to enter any private or sensitive information like 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 important to note that Boku can only be used for deposits, you are unable to withdraw directly with Boku and your withdrawals will be carried out via wire transfer.
Does Coral Accept Google Pay?
Coral accepts Google Pay as a payment method to make bets online.
Using Google Pay will not incur any fees, and when it comes to withdraws you can expect the funds to arrive in your account within 24 hours.
It is important to note that any transactions using Google Pay will show up on your bank statements, we understand that this maybe a disadvantage for some punters.
Does Coral Accept EcoPayz?
Coral currently doesn’t accept EcoPayz as a way to deposit or withdraw 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 when depositing and withdrawing with PayPal if you do choose the 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 have your winnings in your bank account within 8 hours.
To make Neteller your preferred payment option simply 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, simply register your mobile device to the Coral site and then follow their step by step guide for mobile payments.
When it comes to withdrawing your funds using Paysafecard you can expect the funds to arrive in your bank account within 2-4 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 will need to 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 important to note that you can’t make withdrawals using Trustly on the Coral site, if you have deposited using Trustly then you will receive your withdrawals through a bank transfer.
Punters can expect their winnings to arrive in their bank account between 2-4 days using bank wire transfer.
Does Coral Accept Mpesa?
Coral currently doesn’t accept Mpesa as a payment option for both deposits or withdrawals.
There are so many other payment methods available to you, including debit cards, online banks, and e-wallets. We are certain that there is a payment option that works for you.
Does Coral Accept Naira?
Coral doesn’t accept Naira as a payment method.
If you are looking for an excellent payment method that can be used worldwide we would suggest PayPal, this is a fee-free e-wallet that can be used to make 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 your Coral account, withdrawing your earnings from Coral using Starling will have your funds in your account within 1-5 days.
An important 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 often.
Punters who have restrictions placed on their accounts will be unable to withdraw any bonuses or funds from their accounts.
Accounts that have restrictions will receive a direct notification from Coral to notify you of the limits placed on your account.