Sofort Überweisung Payment and Withdrawal

Globally, the likes of PayPal, Neteller and Skrill are commonly know as some of the best services when making payments and withdrawals for gambling websites.  The reason being, is because it’s possible to make a deposit using these methods and not have to give your bank account details to the third party.  In the past 10 years, new and local companies have been created, which offer the same service but without having to sign up or register.  A great example of this, are Sofort Überweisung.

The Facts

Website:  www.sofort.com

Sofort Überweisung was founded in Munich, Germany, in 2005.  The company started out under the name Payment Network and provide a service for making payments online.  The company works with over 35,000 merchants, employs over 150 people and is responsible over 3 million transactions every month.

Despite starting out in Germany, Sofort Überweisung offer their services in a number of other countries in Europe.  These include Great Britain, Poland, Hungary, Italy, Spain, France, Austria, Switzerland, the Netherlands and Belgium.  The company have offices in a number of these countries.

You do not have to sign up or register with Sofort Überweisung to make use of their service but your online banking system does have to be connected to the Sofort network.  That being said, in each of the countries mentioned above, there are a wide choice of banks available, if you would like to use Sofort Überweisung as a deposit method.

Using Sofort Überweisung to Bet Online

When making a deposit using Sofort Überweisung, simply select their service from those available to you when on the deposit page of your gambling website.  Having done this, you will need to input the amount of money you would like to deposit and when you have confirmed the amount, you will be taken to a choice of banks.  From here, select your bank account, which is connected to the Sofort network and click the ‘next’ button.

You will then be asked to login, using your online banking details, which can consist of a user ID and password or maybe more, depending on your location and bank.  Having completed the details, you will receive a OTP to your mail account or mobile phone, which you can enter in to the required field on the website.

After a very short wait, you will be transferred back to your online gambling account and the funds will be available for you to use.

There are usually no fees for using Sofort Überweisung to make a deposit but it’s always considered wise to check with your gambling website and bank first.  In the majority of cases, there is a lower limit of 10 Euro when making a deposit but in terms of the maximum amount, you will need to get in touch with your bank.

Withdrawals from online gambling accounts are possible using Sofort Überweisung but you need to have made a deposit using the same method first.  If you have, the withdrawal method is almost identical, in that the funds will be transferred via the Sofort Überweisung service, in to your bank account.  Your gambling website will use the same details you provided when making a deposit, which is the reason why you need to have made a deposit using the service first.

Sofort Überweisung Advantages

•  Safety and Security is very good.
• You do not have to register on the website in order to use the service.
• The service is available in a number of European countries and is linked to a wide range of banks.
• Deposits appear in gambling accounts very quickly.
• There are usually no fees when making a deposit.
• It’s possible to use Sofort Überweisung to withdraw funds at some gambling websites.
• As the service is linked to your bank account, it’s impossible to over-spend.

Sofort Überweisung Disadvantages

• The service is not available in all countries and some banks are not supported.
• Not all gambling websites will allow you to withdraw using Sofort Überweisung.
• You are still required to provide your online banking details each time you use the service to make a deposit.

Summary

• Sofort Überweisung is available to some European countries only
• Security is very good and your banking details are never shared with any third parties
• Deposits appear in online gambling accounts quickly
• Some gambling websites allow you to withdraw using Sofort Überweisung