How Withdraw Money Winning from Internet Casinos
To avoid any disappointment when it comes to cashing in your online winnings, we’ve provided an overview of the general withdraw process and the associated processing times you can expect from leading Internet casinos.
When playing in real money casino on the Internet, we recommend choosing an online casino which has a solid reputation to avoid a disappointing experience.
How withdraw winning
When playing at an online casino, you don’t have to cash-in straight away and can choose to withdraw your winnings any time you like. When you’re ready to get paid, log in to your account, head to the casino cashier section and select ‘withdraw’. You’ll be asked to select your preferred payment method and the amount you wish to transfer.
Once you’ve submitted your withdrawal request, the payment will be marked as pending while it undergoes the casino processing procedure. If you change your mind and don’t want to make the withdrawal just yet, some casinos will allow you to cancel the request while the transaction is still marked as pending.
Withdrawal options at online casinos
The withdrawal options offered online casinos are limited in comparison to the vast range of deposit options, but most of the major payment services are available. Many casinos will endeavour to pay your winnings to the same account in which you last made a deposit.
Casino cashiers will aim to use your preferred withdrawal option but in some cases your preferred method may not be available, in which case the casino reserves the right to pay you in the most practical way available.
You can expect to find the following withdrawal options at our recommended casinos:
- Bank transfer
Not all online casinos offer all of these options, and some may offer additional payment methods not listed above. Refer to the casino cashier or FAQ section of your chosen site for further details regarding withdrawal options. If you’re still unsure, contact customer support using the casinos live chat options for on the spot assistance.
Withdrawal processing times
Withdrawal processing times vary from venue to venue and while some withdrawals will be available immediately, it will typically take a casino from one to three days to process your payment. It’s important to be aware of this so you’re not disappointed by payment delays.
Most casino cashiers only operate Monday to Friday so if you make your withdrawal request outside of the business week you may have to wait even longer. Be mindful your payment may be subject to additional processing periods depending on your chosen withdrawal method and any terms and conditions of your financial provider.
Withdrawal limits and processing fees
Most casinos impose minimum and maximum transaction limits on the value of money which can be withdrawn in one hit, while some casinos may have a cap on how much money can be withdrawn within a one month period. These limitations vary between each operator and can depend on the chosen payment method.
Likewise, some online casinos charge a processing fee (usually around 2% of the requested amount) on some withdrawals, but many of them are free. Refer to the casinos withdrawal section for further details regarding their withdrawal limits and processing fees.
Is identification required to make a withdrawal?
Some online casinos may require you verify your identity before you’re able to make a withdrawal but this will typically be if your withdrawal request is over a certain amount of money. This process is required to ensure you’re legally over the age of 18 and is a standard procedure enforced by eCOGRA and required in order to fulfil international banking regulations.
You may be asked to provide a government issued photo ID like a passport or drivers license, along with a copy of a recent utility bill like an electricity or phone bill. In some cases, you may also be required to provide a photocopy of the credit card you’re withdrawing funds to. If a casino requests you verify your ID, documents can be emailed directly through to the vendor to ensure swift verification.