UK users enjoy some of the most consumer-friendly regulations and protections when betting online. Although there are set rules all online bookmakers and casinos must follow, they decide what payment options they provide. Some operators support payments via Trustly, a Swedish company that enables payments directly from bank accounts. In this article, we explain how Trustly works, where you can use it and the pros and cons of doing so.
Pros & Cons of Trustly as a Payment Method
Trustly is fast, secure, and user-friendly. Many bettors choose it for instant deposits and reliable withdrawals. The service works directly with UK banks, removing the need for separate accounts or cards. However, not every bookmaker supports Trustly, and withdrawal times can vary depending on the bank.
- Pros:
- No registration required
- Supports over 30 banks
- Fully mobile compatible
- Supports fast withdrawals
- Cons:
- Not offered by many betting sites
Does Using Trustly Require an Account?
Betting sites with Trustly do not require you to set up a Trustly account. All you need is a supported UK bank account.
Trustly Deposit
Trustly is not the fastest method for depositing, but still quick. To begin, head to the deposit page of your online betting site. Choose Trustly from the available payment options and enter the amount you wish to deposit. The bookmaker/casino will send you to a Trustly page showing all supported banking options (more than 30). Select your UK bank from the available list. Trustly will ask if you want to go to the bank’s website or mobile app. Select your preferred option, enter your bank details, and approve the payment.
Once you approve the payment, the funds should immediately appear in your betting account.
Trustly Withdrawal
Withdrawals tend to follow the same smooth process at Trustly casinos and sportsbooks. Head to the site’s withdrawal page and enter the amount you would like to withdraw. A minimum amount may apply, usually £5 or £10. Select Trustly as your withdrawal method and select a linked bank account from the available options. You will normally only be able to withdraw to an account that you used when making an earlier Trustly deposit. Check that the bank account is still active before approving the payment.
In most cases, you will receive the payment within a few hours after the betting site approves the payment. Some brands approve payments very quickly, but processing times vary by brand.
Trustly Fees in the UK
Trustly is generally free to use at UK betting sites. There are no hidden fees for deposits, and withdrawals are processed without additional charges. This means players get to cash in all the winnings from successful bets. Always check your bookmaker’s terms and conditions, though, as rare exceptions may apply.
How Does Trustly Compare to Other Payment Methods?
One great aspect of Trustly is that it requires no separate account. You do not need to sign up with Trustly to use it or remember any extra passwords. It also enables you to use money from your bank account without any extra charges. This makes it more cost-effective than some e-wallets that charge small fees for each bank transfer deposit. Another benefit is that it supports almost all UK banks, and more than similar platforms like Rapid Transfer.
One minor drawback is that it is not the fastest method on desktop, as you have to type in your online banking login details. These are details you might not recall immediately. The process is often faster on mobile if you choose to approve Trustly payments through your bank’s mobile app.
Lastly, withdrawal times using Trustly tend to be on the quick side, but they can vary by bank and/or betting platform.
Trustly Alternatives
If Trustly is not offered by your preferred online bookmaker or casino, you may want to consider these alternatives:
- Rapid Transfer – Very similar to Trustly, but fewer banks are supported.
- Instant Bank Transfer – Bank transfer payments are usually facilitated by TrueLayer.
- Debit card (VISA/MasterCard) – Simply enter your debit card details to pay.
- PayPal – A popular e-wallet that allows bank transfer deposits.
- Skrill – Similar to PayPal, but not as widely available at UK betting sites.
These are all methods that support payments at UK betting sites. There is also usually no fee for using them for deposits or withdrawals.
How to Choose a Trustly Betting Site or Casino
When looking through Trustly betting sites available to UK players, there are several things to look out for. Most importantly, always check that a site is licensed and has appropriate security measures. Without this, your money may be at risk. You also want to look for a site that delivers on the things that matter most to you. Some users like a sleek, modern platform, while others want a speedy and well-rated mobile app. Casino lovers may appreciate having a large games library and a big value new customer promotion. Avid sportsbook bettors, on the other hand, may seek competitive odds, advanced bet tools, and a wide selection of markets or in-play events.
Lastly, remember that with Trustly betting sites UK, withdrawal times mainly depend on the bookmaker. Slower brands may take a couple of days to process a payment, whereas others will do it nearly instantly.
Common Problems & Solutions When Using Trustly
Most bettors will not encounter problems when using Trustly, but it can happen now and again. One possible issue is that withdrawals are taking longer than expected. This can be the fault of the bookmaker or your bank. In either case, you should speak to the customer service team of your betting site for more information. If they have approved the payment, you can trace it through Trustly’s systems.
Other issues include having insufficient funds in the selected bank account or technical problems. Sometimes users can resolve technical issues just by clearing their cache and cookies.
Final Verdict – Is Trustly Right for You?
Trustly is an excellent choice for UK bettors who want to make quick and secure bank transfer payments. Fully compatible across mobile and desktop devices, it is great for customers regardless of their preferred device type. While not every site supports it, Trustly’s lack of registration, no fees, and safety features make it ideal for both casino players and sports bettors.
FAQ
Is Trustly legit and secure?
Trustly is fully regulated by the UK Financial Conduct Authority (FCA). It uses bank-level encryption and is one of the safest payment methods for UK bettors.
Is Trustly a common payment method among UK betting sites?
Whether you will find Trustly at an online casino or bookie is hit or miss. Some offer it, but many others do not. Still, there are numerous brands that support this payment method.
Are there any fees for using Trustly?
Trustly does not charge users any fees for transactions at betting sites. It is also very uncommon for UK bookmakers and casinos to charge any fees for using Trustly.
Are there any bonuses and promotions with Trustly?
Very occasionally, you may find that a sportsbook or casino bonus does not allow Trustly payments. For the most part, though, it is a payment method that typically qualifies for offers.