What determines the withdrawal processing time?

As you probably expect, this time depends on many factors. Unfortunately, we very often make this process longer and more difficult. Each casino specifies the maximum time in which the Finance Department processes withdrawals. This is the time counted from the moment the user requests a withdrawal until it is accepted by the Finance Department and the funds are released from the casino. From this point on, it is no longer possible to cancel the withdrawal and restore it to the player's account. The mentioned processing time is NOT equivalent to how quickly the money will be credited to our account. It depends on the type of payment method we have chosen (e.g. card, electronic wallet or instant payments), because each of them has its own rules. More on this below.

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The speed of withdrawals in the casino depends on the ratio of work intensity in the Finance Department to the number of its employees. If the Payments Department only works in the morning, all payments ordered after 5 p.m. will wait until the next day. Of course, we are talking about withdrawals that have been ordered correctly by the player and do not require account verification.

Online casino - Quick withdrawals - guide

Let us remember that despite the quick processing of the withdrawal by the Finance Department, we can still wait several days for the winnings. The method we choose when depositing into the casino determines the method we should use when withdrawing funds. Depending on what we choose, how long we will wait. While the flow of funds to the electronic wallet is immediate, we will have to wait 2-5 business days for a bank transfer. The same applies to credit/debit cards. The financial department has no influence on the course of funds operations after they leave the casino and it depends only on the payment operator we have chosen.

Unfortunately, we often contribute to the extension of the withdrawal process. Often, forced by licensing requirements, the Finance Department cancels our payment. There are several reasons for this. Below we present the reasons why a given online casino - fast payouts, but is forced to cancel due to regulations.

Reasons for canceling the payout:

    • Withdrawing funds using the wrong payment method

Withdrawals can usually be made using the exact same card/account/e-wallet from which the deposit originated. For example, it is not allowed to make a deposit using your wife's/husband's card and then withdraw it to your account. Remember to always use payment methods that you are authorized to have and use.

    • The withdrawal amount exceeds the maximum daily withdrawal in the casino

Many casinos specify the maximum value of funds that can be withdrawn during the day. If our winnings exceed this amount, we should divide the funds and order two or more withdrawals. The Finance Department will accept one every 24 hours.

    • Withdrawal request before making a single turnover of the deposit

Each casino has its own rules. However, all of them absolutely require a single turnover of the deposit paid. Otherwise, many players would change their mind and want their money back after two or three spins. Meanwhile, the casino pays payment operators for each transaction we order. This practice protects the casino against uncontrolled flow of funds and additional costs.

    • Verification of player account

In accordance with the requirements of the license held by the casino, it is necessary to verify players who have an account on the website. Most often, verification takes place either immediately after registering an account or after reaching the amount set by the license issuer (for Malta and Gaming Authority: NZ$, UK Gambling Commission: eur). Sometimes the casino also has other, clear reasons to examine our account/profile. It is certainly not about making it difficult to withdraw funds or trying to keep them in the casino.

Verification of the player's account after making a deposit.

Verification of a player's account is a standard procedure in an online casino. It is only used to identify the player and prevent money laundering. You shouldn't be afraid of it. For example, if we have spent more than NZ$ at a casino and our account has not been verified yet, we should start to worry. A respectable casino carefully checks who plays on its website.

Verification of a player's account involves sending/uploading copies (scans) of documents on the website. The most common are:

A. A copy of an identity document (driving license, passport, ID card) B. A copy of an electricity, gas and electricity bill with the player's name and current address visible on it C. A bank statement, scans (photos) of the credit card used for deposit and withdrawal D. A screenshot showing the account - electronic wallet (Skrill, Neteller) and proving its belonging to a given person

When it comes to copies of the credit card, you should not be afraid, because for security reasons you should cover the CVV code and some of the digits of the card number. Moreover, only a small group of designated employees of the Finance Department have access to our documents.

What should you pay attention to when making quick withdrawals in a casino?

Top-rated online casinos enjoy a high reputation for many reasons, but the speed and security of payments available on the site is one of the key criteria. Effective payment methods are proven by many players, but this does not mean that you do not have to check some issues yourself. Below are the most important aspects that you need to remember when making quick withdrawals in online casinos:

  • Withdrawal limits in online casinos

Every online casino that offers games for real money and has the appropriate license to conduct online gambling is obliged to have regulations for the website and the services offered. There, players can learn about the casino's withdrawal limits - some operators specify how much you can withdraw per day, week or month. This means that even if you are successful and win big millions playing Mega Moolah, you may not be able to withdraw your winnings "at once" - remember this before you take up the challenge!

  • Compliance with casino regulations

Remember that if you do not comply with certain casino regulations, your winnings may be lost in the worst case! Any type of abuse can lead to the cancellation of winnings, so it should be taken into account that withdrawals, although immediate, must always meet the operator's requirements.

  • No duplicate player accounts

Almost every online gambling operator prohibits players from creating more than one online casino account. Each casino allows you to register on the website once to take advantage of various benefits only once (casino welcome bonuses, i.e. the so-called starting bonus or a lot of no-deposit spins).

  • Using payment methods to which we have full access

You should never use cards, accounts or other payment methods that are in the possession of third parties (e.g. a partner or friend). Regardless of how high the stakes or small amounts we use in the casino, we can only use the options available to us directly.

  • A one-time bonus is used... once

You should not try to obtain a starting bonus or other one-time bonus multiple times. Many players try to do this using a VPN, which allows you to open the site "virtually" from another country. However, this is illegal and may negatively affect not only the transaction processing time, but also the overall success of the casino game - you may be fined!

  • Bonus wagering conditions

Always check the wagering requirements for the bonus you have received. If you do not meet it, you will not be able to withdraw your winnings, and you would definitely want to avoid this!

  • Reputation and experience of the casino

Without discriminating against young operators, we decided to draw attention to the fact that a very large part of new casinos do not have a payment department that works at full capacity 24/7. This is not surprising, but a player should take it into account if he expects to withdraw funds at any time of the night or day.

Casino deposits and withdrawals - Are these two options dependent on each other?

Very often, players of a given casino have many options to make a deposit, but also to withdraw their winnings. Does it matter how you deposit and withdraw, do you have to use the same method in both cases and are you at risk of an additional fee if you don't?

Each casino has its own rules, but the general rule is that you can deposit and withdraw in two different ways without an additional fee from the operator. Remember, however, that there are payment methods that will impose such a fee, but you will always be informed about it before the transaction.

We ourselves suggest and advise you to stick to one and the same method for making both deposits and withdrawals at the casino. Why? Because you don't have to remember a million passwords for different websites, open different electronic wallets one by one, and just play the best online casinos without stress! No operator will force you to make such a move and it is up to you what choice you make.

The fastest withdrawal methods in online casinos

  • Neteller – Neteller is an e-wallet that is one of the most popular payment methods in online casinos. The reason why many players like to use Neteller at casinos with the fastest payouts is the simple fact that you instantly receive your winnings once they are processed by the casino. In most cases, there are no fees associated with withdrawals via Neteller.
  • Skrill – Skrill is a sister company to Neteller and both e-wallets work on a similar principle. Skrill is also widely used due to the fact that withdrawals arrive immediately after processing by the operator. Again, most Skrill online casinos have zero withdrawal fees.
  • Credit and Debit Cards – Credit and debit cards are the most popular methods of making withdrawals and deposits at fast payout casinos. But the speed of this payment method depends on the bank that processes the withdrawal. The casino can send your winnings immediately, but it all depends on the bank how quickly your winnings will be transferred to your account. In most cases, it takes between 12 and 48 hours to reach your balance, which is quite decent (but don't be surprised if the wait takes a little longer...).
  • Trustly - Trustly is an e-wallet for online banking that is quite popular in Europe and Scandinavia. In most cases, withdrawals on Trustly are processed immediately, but again, the time frame for receiving your winnings depends on the banks.
  • Bitcoin – Bitcoin and cryptocurrencies in general are becoming more and more popular in online casinos. Withdrawals to your BTC wallet are processed instantly and usually incur no fees or a maximum fee of only 2%.

Winnings withdrawal processing time

We love fast paying casinos for the comfort they offer players. However, the chosen payment methods determine how quickly we will be able to enjoy our money earned in an online casino. Below is the estimated transaction processing time for selected payment options:

  • Visa – Although most casinos accept Visa card deposits, far fewer actually pay out to Visa cards. Quite often, a bank transfer is made instead. For casinos where you can withdraw to a Visa card, the processing time is usually 2-5 business days.
  • Mastercard – almost all bookmaker sites offer withdrawals via Mastercard. This is quite simple and takes 1-5 banking days, with 3 days being the normal time frame for the money to arrive.
  • Bank Transfer – You can also request a regular bank transfer from the gambling site directly to your bank account. This is the most traditional way and takes up to 5 banking days, similar to Mastercard, which is a very long time compared to e-wallets.
  • Revolut - Withdrawals to your Revolut account can be requested to your connected bank card, which will take up to 5 banking days, or directly to your account in the app, as Revolut also works as an e-wallet. In this case, the withdrawal is immediate.
  • Ecopayz – withdrawal of funds from the casino account is only possible using an ecoCard and an eco account (since ecoVirtualcard is a one-time payment processing feature). This is done in the same way as a deposit is made. Withdrawals made using ecoPayz may arrive immediately in your ecoAccount or may take up to 2 days. Most casinos do not charge any withdrawal fees.
  • Skrill – Once you have submitted a withdrawal request to your online casino, there will be a short period of time for the site to process the transaction. This usually takes only 24 hours, but larger amounts may lead to an identity verification process, so this time may be slightly longer.
  • Trustly - For verified users, withdrawals are usually instant. If unverified or with a bank that does not support instant withdrawals via Trustly, it will take up to 2 business days for your winnings to appear in your bank account.

Casino Withdrawal Policy

Various casinos have set terms and conditions regarding how much you can withdraw from your jackpot or regular game winnings. You must meet certain requirements regarding casino games. You can also withdraw up to the maximum amount, which is limited by winnings in this game. You must read these terms and conditions before deciding which games you will play at your preferred casino.

Some casinos also have limits on how much you can withdraw per transaction, daily, weekly and monthly limits, which you should check when registering at the casino. If we are dealing with an online casino, we can make a withdrawal at any time. After finishing the game and deciding that you are done playing for the day, you order the payment of your winnings to your bank account. You can check your balance by logging in to your account and the panel will show all your details along with the amount you have in your account.

Hidden fees and currency conversion

There are often hidden fees associated with withdrawals. Some casinos charge for more than one withdrawal in a given week. To avoid them, it is best to contact Customer Service and ask about them. Then we will know whether the casino charges such a fee and how to avoid it.

Another fee that may keep us awake at night is the currency conversion fee. This has nothing to do with the casino and is charged by the payment provider, e.g. Paysafecard, Skrill, Neteller or bank. So if we have a bank account in EUR and a casino account in PLN, do not be surprised by additional costs resulting from the need to convert the value of the deposit or withdrawal to another currency. These are unavoidable fees that every payment processor will charge.

The casino always has the option to cancel the withdrawal of winnings if fraud or abuse is detected (e.g. using more than one account registration bonus or reload bonus on one IP address/residence address). Then, most often, the casino confiscates the winnings, but returns the deposit. This situation may occur when we are caught placing bets for higher rates than those specified in the promotion regulations. Equally often, the withdrawal of funds is canceled due to an attempt to withdraw winnings higher than the maximum withdrawal from the bonus. Very often, a maximum payout is specified for winnings from a bonus or free spins. If the funds we have ordered for withdrawal exceed this amount, the withdrawal will be canceled and the amount manually reduced.

To sum up, there are many reasons why the waiting time for funds may be extended indefinitely. As long as we do not make basic mistakes and our account is verified, we have a chance for really quick withdrawals at the casino.

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