Welcome to our review of Coral payment methods updated in April 2024.

If you are looking to open a Coral betting account, then you will be wondering what deposit and withdrawal methods are available, and if these suit your betting needs.

We are glad that Coral offers a huge selection of betting payment options to deposit and withdraw your cash.

If you are looking for easy, safe and instant cash deposits – alongside fast withdrawals – then Coral could be the best betting site for you. Continue reading our article to find the various deposit and withdrawal options available via a Coral betting site.

Find out more about Coral payment methods.

How do I Withdraw Money from Coral?

If you have an active and verified account with Coral, you can request a withdrawal of funds via the following process:

Log in to your Coral account.
Select the withdraw button. Once you have clicked the withdraw tab, you will be shown a drop-down list of Coral withdrawal methods.
Select the payment method you would like to use.
Follow the instructions given on the screen.

You may need to provide additional security details for certain withdrawal and deposit methods.

When you have finished the withdrawal request, you will receive an email, to the registered email address, with a confirmation number and additional withdrawal information.

What is the Minimum Withdrawal At Coral?

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

This compares to many online betting sites with fairly low withdrawal options.

Check to see if Coral makes our minimum withdrawal betting websites list.

How do I Deposit Money into Coral?

To deposit on the Coral site, take the following steps:

Log in to your Coral account.
Select “Deposit”, located on the “My Account” tab.
Select your choice of payment.
Select the amount you wish to deposit.
Once the deposit has been confirmed, your account credit will be updated accordingly.

Coral offers a range of deposit methods, such as debit cards and PayPal betting options.

All of their deposit methods are completely free of charge.

Always ensure that the name on your Coral account matches the name registered with your chosen banking method. If the names differ, your deposit attempt may fail.

From February 2024, the maximum deposit any player can make at one time will be capped at £2,000. The max deposit restrictions only apply to UK players.

Check to see how Coral compares to the largest maximum payout betting sites online in April 2024.

What is the Minimum Deposit at Coral?

The minimum deposit you can make at Coral is £5 which is very common amongst betting sites online.

Coral £5 Minimum Deposit 5 Pound Deposit Minimum

Play

18+ New UK+IRE customers. Minimum deposit of £5 Via debit card, Apple Pay, ecoPayz, Trustly, Paysafecard, instant banking & Coral Connect. Free bets are valid for 7 days on sports, stake not returned, restrictions apply. #AD

Full T&C's Apply

Take a look at our full list of 5 pound deposit brands in the UK.

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

The maximum payout on the Coral site is £1 million for horse racing, Irish Lotto and 49’s, and football and greyhound betting.

Coral Max Payout Maximum Payout £1,000,000

Play

18+ New UK+IRE customers. PayPal and certain deposit and bet types excluded. Min first £5 bet within 14 days of account reg at min odds 1/2 = 4 x £5 free bets valid for 7 days on sports, stake not returned, restrictions apply. #AD

Full T&C's Apply

You can find specific information regarding the maximum payouts of different types of betting on the Coral website.

Max payout details apply to each event, so check the unique payout for the specific bet you are placing.

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

What is the Maximum Withdrawal from Coral per day?

With Coral betting, the maximum amount you can withdraw per day is £20,000, and the minimum withdrawal you can make is £5.

These restrictions apply to all payment methods on the site.

What is the Maximum Deposit from Coral per day?

The maximum deposit you can place per day on Coral is around £2,500, using a debit card.

Deposit limits may vary based on the kind of payment being placed.

If you are unsure of the deposit limit for your favoured payment type, or the type of bet being placed, make sure to check the terms and conditions.

Why can’t I withdraw my funds from Coral?

In certain circumstances, it may become necessary to ask for additional identification when requesting a withdrawal authorization.

Coral performs an additional security check as part of their fraud-prevention strategies.

You might need to send details about your credit cards or a copy your ID.

You should double check your payment details before requesting a withdraw from any online gambling site.

It is vital that you read the list below to understand more about why you are encountering Coral withdrawal problems. Try going through each of the points and resolving the issues. These factors include:

You need to provide your ID documents if you haven’t had your account verified.
You tried to withdraw less than £5 but failed to meet minimum withdrawal amount.
You have exceeded the maximum withdrawal amount if you’ve withdrawn more than £20,000.
The bonus deposit wagering has not been completed.
You may have a slow Internet.
You computer may be experiencing technical problems.

After trying to resolve all of the factors listed above, if you’re still encountering issues with Coral withdrawals, then it might be a good idea to contact the Coral support team.

Does Coral Accept Credit Cards?

Coral does not accept any credit cards.

However, Coral accepts many debit cards, including Visa, Mastercard, and Maestro.

If you have registered credit cards before April 2020, then you can still use these to make withdrawals.

Does Coral Accept PayPal?

Coral approves of Paypal as a method for withdrawing and depositing funds.

Placing bets on Coral via PayPal ensures that you won’t encounter any additional charges.

The swift withdrawal of your earnings from your Coral account using PayPal is guaranteed.

Your bank statement will remain free of any gambling transaction records when depositing or withdrawing from Coral via Paypal.

This is among the key factors why patrons of coral.com opt for PayPal as their favored e-wallet for managing their funds.

Does Coral Accept Skrill?

Coral has discontinued its acceptance of Skrill as a payment method.

You can explore alternative betting brands that still support Skrill as it remains a popular choice among UK gamblers.

Paypal, another widely accepted e-wallet, is a suitable alternative to Skrill and is among the approved payment methods at Coral.

Does Coral Accept Bitcoin?

Coral does not currently support Bitcoin or any other cryptocurrency as a payment option.

The decision is likely influenced by considerations such as regulatory compliance, cryptocurrency’s volatility, security concerns, user familiarity, and the need for a stable financial infrastructure.

Coral places emphasis on traditional payment methods to minimize potential risks associated with cryptocurrency transactions.

Users are encouraged to stay informed about any changes in Coral’s payment policies.

Does Coral Accept Revolut?

Coral accepts Revolut as a valid payment method.

To use Revolut for deposits and withdrawals with Coral, you’ll need to disable the gambling block using the Revolut app, and this process can take up to 48 hours.

Depositing funds into Coral using Revolut does not incur any transaction fees.

Withdrawals from Coral to Revolut are typically instant, which is convenient for many gamblers.

It’s important to note that all gambling transactions made through Coral using Revolut will appear on your bank statements.

UK customers of Coral.com consider Revolut an easy and efficient way to withdraw their winnings and deposit funds.

Does Coral Accept Monzo?

Coral accepts Monzo as a valid payment method for both withdrawals and deposits.

Using Monzo for transactions with Coral does not involve any transaction fees.

When you withdraw cash from Coral using Monzo, it typically takes 1-2 business days for the funds to appear in your account.

However, it’s important to be aware that gambling transactions made on Coral using Monzo will be visible on your bank statements.

Monzo is a digital bank that primarily operates through a mobile app, providing various banking services such as checking accounts, savings accounts, and payments, making it a convenient option for managing your finances on your mobile device.

Coral Monzo Deposits Accepted By Monzo Pay

Play

Full T&C's Apply

Does Coral Accept Amex?

Coral does not accept American Express (Amex) for deposits. Credit cards, including Amex, cannot be used for deposit transactions on the platform.

However, it’s worth noting that registered Amex cards issued before April 2020 can still be used for withdrawals at Coral.

Coral offers a variety of payment methods for both withdrawals and deposits, including options such as bank transfers and bank wires, providing flexibility for users to manage their transactions.

Does Coral Accept Apple Pay?

Coral accepts Apple Pay as a payment method for both withdrawals and deposits.

When you withdraw money from Coral using Apple Pay, you won’t incur any transaction fees.

Withdrawals made from Coral to Apple Pay are processed instantly, which many bettors find convenient.

It’s important to note that when you bet on Coral using Apple Pay, gambling transactions will appear on your bank statements, which could be a disadvantage for some users.

Many bettors choose to use Apple Pay for betting on Coral because of its fast and secure payment processing.

Does Coral accept Phone Bill?

Coral accepts phone bill payments, enabling deposits through services such as Boku and Payforit.

When you deposit with Phone Bill on Coral, there are no transaction fees to worry about.

Withdrawing funds from Coral to Phone Bill results in instant availability of your funds in your account.

One of the significant advantages of using Phone Bill for gambling transactions on Coral is that these transactions will not be reflected on your bank statements.

Many customers prefer using Phone Bill for gambling on Coral due to its swift process, making it a convenient choice for those looking to manage their phone bill expenses.

Does Coral Accept Boku?

Coral accepts Boku as a valid payment method for deposits.

Depositing funds into Coral using Boku is a fee-free process, which many bettors find convenient.

However, it’s important to note that you cannot initiate a withdrawal from Coral using Boku. To access your winnings from Coral, you’ll need to set up an additional payment method, such as PayPal.

The withdrawal processing time from Coral Via Boku will depend on the chosen added payment method.

Please be aware that gambling transactions made at Coral using Boku will be reflected in your bank statements.

For Sport.Coral.com customers, Boku is a convenient option, especially for sporting bets, and using it doesn’t require providing additional personal details.

Does Coral Accept Google Pay?

Coral accepts Google Pay as a valid method for depositing funds into your betting account.

When you make a deposit to Coral using Google Pay, you will not be charged a transaction fee.

Withdrawals made from Coral to Google Pay will typically take around 24 hours to appear in your account, which is appreciated by many bettors.

However, it’s important to note that any gambling transactions made from Coral using Google Pay will show up in your bank statements, which could be a disadvantage for some punters.

Customers of Sports.Coral.com often recommend using Google Pay as their preferred e-wallet due to its efficiency for both deposits and withdrawals.

Does Coral Accept Ecopayz?

Coral does not accept Ethereum as a valid method for depositing or withdrawing bet credits.

The platform is designed to work exclusively with traditional payment methods, and at this time, Ethereum is not part of Coral’s accepted transaction methods.

As a result, individuals interested in using Coral’s betting services should consider utilizing alternative payment options that align with the platform’s specified methods.

Does Coral Accept Ethereum?

Coral does not acknowledge Ethereum as an acceptable approach to deposit or withdraw bet credits.

The platform strictly adheres to traditional payment methods, and currently, Ethereum is not incorporated into Coral’s transaction system.

Hence, individuals interested in participating in Coral’s betting services should investigate substitute payment choices in line with the platform’s designated methods.

Does Coral Accept Neteller?

Coral permits Neteller payments for betting activities. Please keep in mind that credit card deposits are not supported; therefore, it’s essential to link your Neteller account to a debit card or bank account.

When depositing funds into Coral using Neteller, a 2.5% transaction fee will be applied.

Withdrawing winnings from Coral using Neteller is a swift process, typically taking around 24 hours to reflect in your account.

It’s worth noting that any gambling transactions made through Coral using Neteller will be visible on your bank statements.

Customers of Sports.Coral.com appreciate that Neteller is one of the fastest and most reliable methods for cashing out, ensuring a secure and efficient transaction experience.

Does Coral Accept Payforit?

Coral allows the use of Payforit as a payment method for both deposits and withdrawals.

When making a deposit with Payforit on Coral, customers won’t incur any additional transaction fees.

Withdrawals from Coral using Payforit typically take around 1-2 days for the funds to appear in your account.

One significant advantage of using Payforit for gambling transactions on Coral is that these transactions will not appear on your bank statements, a feature many punters appreciate.

Betting on Sports.Coral.com through Payforit is a straightforward and efficient method that caters to bettors seeking quick and hassle-free transactions.

As you can see there are lots of Coral deposit methods to choose from if selecting this bookmaker.

Does Coral Accept Paysafecard?

Coral welcomes Paysafecard as a valid payment option for both deposits and withdrawals.

Using Paysafecard to deposit on Coral does not entail any transaction fees.

Withdrawals from Coral to Paysafecard typically take 3-5 working days for the funds to be transferred into your account.

One notable advantage of using Paysafecard for gambling transactions on Coral is that these transactions will not appear on your bank statements, which some punters consider advantageous.

Customers of Sports.Coral.com appreciate Paysafecard as a convenient method for both deposits and withdrawals.

Does Coral Accept Trustly?

Coral accepts Trustly as a payment method for both deposits and withdrawals.

One notable advantage of using Trustly for betting on Coral is that it is a fee-free process, ensuring that you won’t incur any transaction fees.

Withdrawals from Coral using Trustly can be processed within minutes, offering a swift and efficient way to access your funds.

An additional benefit is that gambling transactions made on Coral using Trustly will not appear on your bank statements, providing privacy to some punters.

Trustly is an online payment service that enables direct bank transfers for online transactions without the need for additional accounts or registrations, making it a convenient option for Coral users.

Does Coral Accept Mpesa?

Coral does not currently support Mpesa as a payment method. However, it’s worth noting that this could change in the future.

There are several potential reasons for Coral’s decision not to accept Mpesa at the moment, including:

Geographical limitations
Payment infrastructure considerations
Regulatory compliance
User demand

Does Coral accept Naira?

Coral does not currently accept Naira as a payment method for deposits and withdrawals.

This decision could be influenced by various factors, including regulatory constraints or business considerations.

It’s essential to understand that payment methods accepted by betting platforms can change over time based on market demands, improvements in financial infrastructure, or shifts in regulatory environments.

Therefore, it’s advisable for users to stay informed about Coral’s payment options through official updates provided by the platform.

We will also keep you updated on any significant changes in the future.

Does Coral Accept Starling bank?

Coral offers the convenience of Starling for both deposits and withdrawals.

Depositing funds into your Coral account doesn’t involve any transaction fees.

For withdrawals from your Coral account using Starling, you can expect the funds to be processed within 1-2 banking days.

It’s important to note that when you make a withdrawal from Sports.Coral.com using Starling, the transaction will appear on your bank statements.

Whether you prefer to use Starling.com or the Starling App, the Starling card is an approved payment method for Coral bookies, providing flexibility for your betting transactions.

Why does Coral Restrict Bets on Betting Accounts?

Coral can limit bets on betting accounts if you win too much on winnings.

Coral accounts can send a notification that your account has been restricted, meaning there is a limit to the amount you can stake.

If your account has restrictions, you won’t be able to withdraw any bonuses, unless the bonus requirements needed to remove the restriction have been met.

Here are all articles related to the market-leading Coral bookmaker: