Zenith Bank Guide for Online Sports Betting in Nigeria 2021

Zenith bank is one of the leading financial service providers in Nigeria. It is popular in the sports betting world as a facilitator for payments to different sportsbook accounts.

Top 5 Zenith Bank Betting Sites November 2021

Sportsbook
Features
Bonus
Rating
Bet Now
1 bet9ja
  • Highly competitive odds
  • In-Play Betting
  • Global standards
  • Diversified sportsbook
100% Bonus up to ₦100,000
2 melbet
  • High Wagering Limits
  • Mobile App Available
  • User-friendly Design
  • Excellent Loyalty Club
200% Bonus up to ₦100,000
3 Betfarm
  • Live Streaming
  • Live Betting
  • Free Bets
  • Android and iOS Apps
₦500 Free Bet
4 wazobet
  • Founded in 2019
  • Asian Handicap Betting
  • eSports section
  • Regular promotions
110% Bonus up to ₦55,000
5 surebet247
  • Sleek and User-Friendly Design
  • Features-Packed App
  • Nigerian License
  • Odds Boost Feature
  • In-Play Betting Option
  • AH Betting
100% Welcome Bonus up to ₦25,000

The bank simplifies this process by using cards, instant bank transfers, PayDirect, and various e-wallets to make deposits. There is also the option of internet banking using a mobile app. At the same time, the bank can receive withdrawals from sportsbook accounts.

Benefits of Having a Zenith Bank Account

Apart from being a significant enabler of online betting, a Zenith account has the following benefits:

  • Holds Savings - If you have some extra cash, you can set it aside for future investments, children and education in this account. The bank offers competitive interest rates on deposits, free access to the scan-to-pay app, and many other benefits.
  • Digital Banking - Digital banking is all about convenience. With a smartphone, you can access your bank account to carry out multiple transactions at the comfort of your home. It includes funds transfers, balance inquiries, payments, and more.
  • Eazy Banking - Eazy banking is a secure way to bank on your phone using USSD. You don’t need a smartphone to use this service. The bank has different codes for buying airtime, transferring funds, bill payments, and more.
zenith bank nigeria

Commissions and Limitations at Betting Sites

Zenith makes the process of dealing with bookmakers very easy. That said, there are some commissions and limitations in the process. Here is what you should expect.

Charges

For internet banking, Zenith-to-Zenith transfers are free. However, Local Money Transfers (LMT) attract a ₦210 fee, while transfers to other banks incur Interswitch or NEFT charges.

As for Eazy banking, an eaZymoney wallet-to-wallet transfer is free. Transfers to non-Zenith accounts charges in line with NIP rates. Therefore, the fees will depend on which accounts the online betting site is using.

Minimum and Maximum Limits

Sports betting sites usually determine the withdrawal limits. For deposits, tier one and tier three limits are ₦20,000 on eaZymoney per transaction. The daily limit is ₦50,000 & ₦100,000, respectively.

Time Process

Just like with limits, betting sites determine the time taken by withdrawals to reach your Zenith bank account. However, deposits are instant.

Safety and Security

The bank uses 128-bit encryption for all internet banking transactions. Two-factor authentication (password and mobile pin) enhances this when using the mobile app. Therefore, you should carry out these transactions without any worries.

That said, you should not disclose your pins or passwords to anyone for any transaction.

zenith bank for mobile devices

Zenith Bank Mobile Accessibility

A Zenith bank app exists for Android and iOS devices. It transforms your smartphone into a powerful banking tool. It is protected by a two-factor authentication for maximum security when paying bills or transferring funds.

The app is easy to use. If you get stuck, there is a 24/7 live chat. This feature connects to the ZenithDirect contact center, where you can get the necessary assistance.

Zenith Bank Customer Care

Zenith provides excellent customer service at no extra cost. Their banking service is tailored to a personal experience about you as an individual, regardless of your age, gender, religion, ethnicity, or nationality. They have an efficient team that will resolve your complaints in no time.

Is Zenith Bank Widely Accepted at Nigerian Betting Sites?

Most Nigerian bookmakers and some international ones such as NetBet accept deposits and withdrawals to Zenith accounts using credit, debit, prepaid, mobile, and web options.

Bet9ja

One such Zenith Bank sportsbook is Bet9ja, which is the most popular Nigerian betting site. It has a wide selection of odds from a wide range of football markets around the world. These include pre-match and live odds.

The betting site accepts ATM cards and direct bank transfers for deposits from Zenith customers. Winnings get to you via bank transfers.

Bet9ja Sports Nigeria - Highlights
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    Highly competitive odds

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    Diversified sportsbook

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    Regular promotions

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    Mobile App

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    Cash-Out Option

Register for a Zenith Account Today

If you are in Nigeria, this account allows you to make deposits and withdrawals for online gambling. As such, it is the only payment method you need for any sports betting site. Don’t forget the other numerous benefits that are associated with a Zenith Bank account.

zenith bank card options

How to Sign Up at Zenith Bank

As a new customer, it is easy to open an account. There is the option of opening an instant account, which you can do with or without a BVN. Either way, you need to:

  1. Fill in your details (name, DOB, mobile number)
  2. Upload a photo and signature

However, for a regular account, you will have to:

  1. Fill in your details
  2. Upload a photo, signature, and utility bill
  3. Visit the nearest branch with the required documentation to activate the account

There are no charges, and you can have a zero account-opening balance.

Other Uses for A Zenith Bank Account

Apart from making sports betting deposits, you can use your account to pay for satellite TV and streaming services. These include DSTV, Netflix, iRoking, and Showmax. You can also pay for utilities like PHCN bill payments.

FAQ

If you have doubts about using a Zenith account for sports betting transactions, here are a few questions we often receive.

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