Even though it’s an outdated payment method, you can still use cheques for certain transactions. And if you had the chance to use this payment method, then you surely appreciate the authentic feeling you get paying something with a cheque.
Most of today’s punters would be surprised to know that depositing via cheque is still possible, and yet, this payment method has stood the test of time. However, is there a future for Cheque payments?
In the following sections, we will explore cheque betting sites as well as how the entire cheque payment system works. So, without further ado, let’s see what the top three betting sites where you can still pay using cheques are.
Top 7 Online Bookmakers Accepting Cheques in the UK
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The top betting sites in the UK are all about getting the latest technology and the most modern payment method for their customers. However, since diversity is also very important and you need to find a way to make everyone happy, cheque deposits are still around. Despite the very small number of punters using this method to deposit, big names from the UK betting scene still offer it.
Cheque Deposits at William Hill
William Hill is a perfect example of a trustworthy betting site with years of experience and an esteemed tradition behind it. The operation started back in 1934 when cheques were a very popular payment method for day to day purchases. So, it doesn’t come as a surprise that you can still use this payment method for betting purposes at William Hill.
No matter how melancholic you may be, the 10-day waiting period for the money to clear in your William Hill account is something that should make any punter think of faster ways to deposit. However, if this is your only alternative, with good timing and patience, you can still enjoy the top-quality betting services offered by William Hill.
To make a cheque deposit at William Hill, you first need to have your chequebook issued by a bank. Then, complete that cheque with the following information:
- Pay to the Order of WHG (International) Limited
- Amount: the amount you wish to deposit – only in GBP
- On the back of the Cheque – write down your William Hill username as well as the word “”
After you complete your cheque, mail it to the following address:
Customer Finance Department.
William Hill Gibraltar International c/o3 St John’s Centre31 Merrion StreetLeeds, LS2 8JFUnited Kingdom
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Paddy Power Accepts Cheque Payments
Another huge name in the UK betting industry, Paddy Power also accepts Cheque payments from those customers that prefer to fund their accounts that way. We have to mention that no live betting is possible when you pay via cheque since you’d have to make your deposit ten days in advance for the money to go in. There are no fees on the cheque deposits, and you don’t have to worry about any fraud since your bank intermediates the payment.
If you want to try the cheque payment experience at Paddy Power, you should get your chequebook and start writing. Fill in all the details on your cheque and then mail it to:
- Pay to the Order of The Sporting Exchange (Clients) Ltd
- Amount: the amount you wish to deposit – GBP only
You should mail the cheque to Power Tower, Belfield Office Park, Beech Hill Road, Clonskeagh, Dublin 4, Ireland and in around 8 – 10 working days check your Paddy Power account to see if the funds went in. To speed things up a bit you can also write your Paddy Power username on the back so that the guys from the Finance department have an easy job at locating your account.[select_bonuses object=”20″ bonus=”1402″]
Betfair – the Betting Exchange Accepting Cheque Payments
It seems almost weird when you put together two terms that seem to be from different worlds. The idea of a betting exchange is recent in the world of betting and considered to be a niche of the entire phenomenon. On the other hand, cheque payments are more a thing of the past considering that they take much time to be cleared and betting nowadays is all about speed and getting the best odds.
Also, most of the punters are really into live betting, a side of betting that becomes unavailable if you’re depositing using cheques. Withdrawals are also available via cheque. However, the same inconvenient regarding the long processing time remains.
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Advantages
Objectively speaking, in today’s betting environment, cheques have the only advantage of being extremely safe regarding fraud or identity theft. Otherwise, there’s nothing advantageous about using the cheque to bet on your favourite team.
Another possible advantage from using cheques to pay at betting sites can come regarding responsible gaming. Since you have to fill in and send every cheque, you get to keep track of the money easily you spend on gambling, and it is also a lot easier to cancel the entire process.[select_bonuses object=”25″ bonus=”1212″]
Disadvantages
Where should we start? Surely, you’ve already identified many disadvantages you get when using Cheques at betting sites. Compared with other payment methods, making deposits and withdrawals using a cheque has multiple disadvantages:
- ❌ Very long processing time
- ❌ You have to send them by post manually
- ❌ They’re unfitted for live bets
How to Get A Cheque Book?
A chequebook can be issued by the bank where you have an open bank account. Simply contact them and ask if they issue chequebooks. In case they do not offer this service, you will need to identify a bank that does, open an account there and then apply for a chequebook.
When you receive your chequebook, make sure to check it for the constitutive elements that must appear on such a payment method. We’re referring to some fields that are mandatory on a cheque for it to be valid:
- The print with the of the issuing bank
- “Payee” / Pay to – the field where you enter the name of the person or company receiving the cheque
- Date of the cheque
- The cheque holder, the same person that will present the cheque to the bank
- Amount written using digits and letters
- Your signature
- The cheque’s serial number
Cheque Deposit Times, Limits and Fees
|
Betting Site |
Withdrawal Speed |
Fee |
Limits MIN/MAX |
|
William Hill |
7-10 working days |
❌ |
£25 / £100,000 |
|
Paddy Power |
10 working days |
❌ |
£25/ £50,000 |
|
Betfair |
8-14 working days (depending on the country) |
❌ |
£50 / £100,000 |
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Japan
Spain
Sweden
Mexico
Chile
Peru
Argentina
Bolivia
Colombia
El Salvador
Guatemala
Honduras
Nicaragua
Panama
Paraguay
Dominican Republic
Uruguay
Venezuela
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Cheque Alternatives for Punters
With no intention of being unprofessional, literally any other payment method is a good alternative for a cheque deposit or withdrawal. For those of you that though Wire Transfers are slow for having to wait up to 5 business days until the money clear out, Cheques take it to a whole new level. If the complete safety of the cheque is what appeals to you, other extra-safe deposit methods are instant, such as:
Any of the above payment options provide safety features at least equal to what cheques have to offer while being a lot faster. Trustly deposits and withdrawals are instant, and it also uses your bank to process the payments, you just login into your Home Bank account and authorise the transaction there. PayPal is one of the best e-wallets available on the market with outstanding payment speeds and world-class safety features. Last but not least, a Direct Bank Transfer is an electronic version of the cheque, it still takes much time to process, however, it is a bit faster.
PROS and CONS of Cheque
Pros- 100% Safe
Cons- Long Deposit and Withdrawal Times
- Has to be delivered by mail
Cheque Betting Sites FAQs
Can You Cash in a Cheque at Any Bank? 
It is recommended that you cash the check at your bank to avoid any fees or delays. However, checks can be cashed at other banks as well since they will then get the money back from your bank.
What is the Fastest Way to Deposit a Cheque?
One of the fastest ways to deposit a check and get the funds on it is to deposit it in-person with a bank clerk. If a trip to the bank doesn’t bother you, this is the absolute fastest way to deposit a cheque and get the funds on it.
Why Does it Take So Ling for a Cheque to Clear at Betting Sites?
Since it’s not a very popular method of payment, it’s not common for betting sites to receive funds via check. That’s why it takes a little longer until they process the transaction and make sure everything is legit before crediting the funds into your betting account.