GTBank Guide for Online Sports Betting in Nigeria 2024

Online banking is a popular payment option at betting sites, and GTBank is one of the most accessible institutions in Nigeria. Guaranty Trust Bank has over 250 locations and 1200 ATMs across the country. It is also available in some African countries and the UK. Due to its popularity, the bank is a common payment method for online sportsbooks in Nigeria.

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Punters who use the bank for sports betting transactions are assured of safety, efficiency, and convenience. This simple guide should give you some basics of depositing and withdrawing with GTBank.

Benefits of Having a GTBank Account

With all the financial institutions that are available to Nigerians, why should bettors consider Guaranty Trust Bank? An account with this bank gives you several ways to transact. One is online banking, which you can use for your sports betting payments. You can also bank from a dedicated mobile app or use a USSD code. Additionally, there is GTConnect, an automated self-service contact center where customers can carry out most of their banking activities.

The bank partners with to offers customer deals on travel accommodation. You can also use the bank’s IMT services to get money transfers from anywhere in the world. Accountholders can also take advantage of GTRescue for emergency cash services.

gtbank mobile wallet

Commissions and Limitations at Betting Sites

Before considering GTBank for your online betting payments, know what restrictions and fees to expect.

Fees and Charges

Most GTBank betting sites do not charge for deposits or withdrawals. Nonetheless, check a bookmaker’s payment page carefully to be certain. The bank can impose up to 100 NGN for deposits, especially in large amounts. Whether you pay for a withdrawal or not depends on the sportsbook.

Minimum and Maximum Limits

The deposit and withdrawal limits vary across gambling platforms. So, confirm with the bookmaker that you choose. On average, you can deposit at least 100 NGN and withdraw up to 9,999,999 NGN. Most websites have a minimum withdrawal limit of 2,000 NGN.

Time Process

As with other online banking services, when you fund your account via GTBank, the money is available almost immediately. Therefore, you can begin betting right away. For payouts, punters may have to wait for anywhere between 2 to 5 business days.

Safety and Security

The financial institution uses advanced security measures to keep customers safe. Its encrypted website ensures that you can transact securely. The bank also stores customer data securely. Users get layered security for their accounts, including two-factor authentication.

Accountholders can learn how to protect themselves better by reading the tips on the bank’s security page.

GTBank Mobile Accessibility

With the GTBank app, you can do your banking from anywhere. The platform offers seamless access to all account features. Customers get iOS and Android apps that streamline banking. You can pay bills, send and receive money without the limitations of a desktop site.

Users enjoy added security on mobile because you can lock your device with a passcode, fingerprint, or face scan.

gtbank nigeria

GTBank Customer Care

If you have questions about the bank, start by looking for answers in the FAQs. The section covers many crucial topics. For direct contact with the support team, the bank provides several phone numbers. Also, you can chat live on the website or send an online inquiry form.

Is GTBank Widely Accepted at Nigerian Betting Sites?

Punters have a large number of GTBank betting sites to choose from because it is one of the most accessible financial institutions in the country.


bet9ja accepts Guaranty Trust Bank deposits and withdrawals thereby ensuring that customers have safe and reliable payments. This domestic bookmaker has good market coverage of sports and esports. Also, it has attractive promotions, such as a welcome bonus of 100% up to 100,000 NGN.

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Fast and Secure Betting Payments with GTBank

A suitable online betting payment method should be reliable, secure, simple, and convenient to use. Guaranty Trust Bank ticks all these boxes and more. The bank is highly reputable with strong credibility because it is among the premier financial institutions in Nigeria. For this reason, many merchants trust its services, including sports betting operators.

Anyone with a GTBank account can capitalize on the benefits of transacting with this payment method at online bookmakers.

How to Sign Up at GTBank

The registration process is fairly simple, you can follow the steps below:

  1. On the homepage, click the ‘Open an Account’ link then click on the option to open a personal account.
  2. Fill the form with your account choice, and BVN. If you don’t have a BVN, enter 0 then proceed.
  3. The next part of the form requires personal details, including your date of birth, phone number and mobile address.
  4. Submit the form and wait for the email confirmation.
  5. Alternatively, you can open an account via mobile by dialling *737*0#.
  6. Then follow the prompts.
  7. After sign up, you will get a 10-digit account number.
gtbank mobile app

Other Uses for A GTBank Account

Besides sports betting, you can use your bank account to pay utility bills, airline tickets, and travel accommodation. The account can also cover your visa fees online or in-branch. You can send and receive money abroad, as well. The bank also has a cash-in-transit service that lets you send money to people not with the institution.


Before making your GTBank payment at a betting platform, learn a few more fundamentals about using this transaction method.