What affects the speed of payments?
The initial factor affecting the withdrawal of money is the choice of payment method. Today, active players can use bank cards, e-wallets, Internet banking and other systems.
Another nuance is the rules of a single casino. For example, most often it will not be possible to withdraw money quickly if you have not won back your deposit. Other establishments require verification of contacts or personal information before the withdrawal of funds. As a rule, this will take at least 1-2 days.
The wagering of bonus funds affects the speed of payment of winnings. If you have activated the promotions of the club, hurry up to wager them on slots or in other simulators. Basically, all establishments prohibit withdrawing money until the full wagering of the bonus amounts. If you are not confident in your skill, it is better to refuse the presentation.
The most important factor is the working hours of the financial department, because in some institutions the withdrawal is not carried out around the clock. There are certain time parameters, for example, during business hours from 10:00 to 17:00. Here you can find establishments with payments at any time and as quickly as possible.
How to quickly withdraw money?
If you want to receive payments as quickly as possible, use electronic wallets. To apply for a withdrawal and receive a prize, you just need to indicate the account number and confirm the payment. Request processing time is up to 2 hours.
In comparison with e-wallets, withdrawal to a bank card can take up to 2-5 business days. This is due to multilevel checks or manual transfer of funds by the selected bank. This also applies to debit and credit cards.
However, there are factors that lead to the blocking of winnings payments. They are:
- Wrong withdrawal method – often withdrawals are carried out in the same way from which you made a deposit. If you choose another service option, payments may be blocked. It is also prohibited to use relatives or spouses / ha to withdraw the card.
- Exceeding limits – almost all casinos from the rating are equipped with withdrawal limits daily, weekly and monthly. If you exceed the available amount, the withdrawal will be split into parts, taking into account the financial restrictions on the site.
- Withdrawing money without wagering the deposit – the majority of establishments have a wagering rule for the deposit. The last amount of funds that you have deposited on the balance must be scrolled 1-5 times. When trying to withdraw money without wagering, the casino may refuse to withdraw or withdraw a high percentage.
- Creation of several accounts – in each game portal, the rules stipulate the possibility of opening one account for one contact. You should not try to create multiple accounts in order to reload the bonus. The casino will certainly reveal additional accounts and confiscate the money earned. In the best case, you will get your initial deposit back.
- Player verification and identification – verification is an important factor in protecting your finances from theft. This is the procedure for identifying a player according to the data specified in the questionnaire and passport. Some clubs do not allow withdrawals in principle if the account is not verified at the start.
- Maximum Bet – Please read carefully the maximum allowed bets in promotions and bonus offers. By playing at higher stakes, you are violating the terms of the online casino. Because of this, gambling establishments very often refuse and cancel payments of winnings for violators of the rules. You will be able to withdraw only the amount that is specified in the terms of the bonus or promotional offer you have chosen.
From this it follows that for the prompt withdrawal of winnings, the player must initially be interested in the rules of the online casino.
Player verification and identification
In order to understand the verification procedure in detail, let’s consider it in detail. It is necessary to exclude theft or money laundering on the site. It is carried out at the start of acquaintance with the institution after registration or at the stage of withdrawing high winnings from 1,000-2,000 euros.
How to get verified? In many establishments, it is performed like this:
- You need to provide reliable data in the player’s personal account.
- Then go to the personal information tab and find a service for downloading documents (passport scans, driver’s license, utility bills).
- Sometimes it is necessary to upload photos of a payment card from both sides, where it is allowed to close the CVV code and 8 middle digits.
- Downloading scans of the bank statement confirming the account ownership.
- Screenshot of the screen confirming that the wallet belongs to the player.
The online casino guarantees the strictest confidentiality of data. A narrow circle of employees who have signed a non-disclosure agreement has access to this information.
Passing verification destroys any attempts by fraudsters to withdraw your honestly earned money, even if they received your username and password.
Factors Affecting Fast Casino Payouts
Apart from the presence of a license and RNG certificates, reputation and history in the market, a large collection of slot machines and a powerful bonus system, the withdrawal speed plays one of the most important roles when choosing an online casino to play for real money. We suggest that you familiarize yourself with some of the nuances that affect the payout rate of winnings:
- Financial constraints
On the websites of all online establishments there are limits for withdrawing winnings. You can read about them in the terms and conditions of the casino. The administration clearly prescribes daily, weekly and monthly limits for withdrawing funds. Their principle is that when making an application for withdrawal of an amount above the limits, the casino will pay them in stages.
- Compliance with conditions
Before you create an account on the site, read the terms of the online resource. This will avoid the sanctions that apply to violators of the casino rules. As a result, all the winnings earned can be canceled, and the account can be completely deleted.
Some players want more welcome or no deposit gifts by creating more than one game profile. Such actions are strictly prohibited in any casino in United Kingdom. It is allowed to open an account for one contact information from one IP-address. If the condition is violated, the account will be blocked at the withdrawal stage, because the data is subject to verification by the club’s security service.
- Withdrawal to a personal card or electronic wallet
You should not pin another person’s card or any other payment method for withdrawing money. A friend’s e-wallet or wife’s card is not suitable for payments. During the verification process, a mismatch will be revealed, which will entail a limitation of payments.
Every online casino offer and promotion is not a charity. The money received under the condition of the bonus must be spun on the reels or played in other simulators. When making a request to withdraw an account with unplayed bonuses, the withdrawal will be blocked.
Payment systems for quick withdrawal
There are a number of payment methods that allow you to quickly withdraw funds won:
- Skrill – this payment method is one of the most popular in UK due to the high withdrawal speed – 0-2 hours. This payment system does not work with unlicensed establishments and allows you to withdraw funds without commission or with a minimum interest.
- Neteller – this payment system operates in more than 200 countries around the world and has a lot of advantages: increased data protection, no transfer fees, as well as almost instant withdrawal in 0-2 hours. And the most important advantage of the system is its focus on the online casino gaming sphere.
- Visa / MasterCard or Maestro – bank cards are considered one of the most popular methods of withdrawing money. However, in terms of withdrawal speed, they are significantly inferior to electronic wallets, because you can receive money within 12 hours – 5 days. The advantage of this method is increased security, which is the reason for the delay in payments.
- Bitcoin – cryptocurrencies are increasingly appearing on the site of gambling establishments. They are considered popular due to the anonymity of payments and high withdrawal rates. Money is credited and withdrawn instantly, because it does not require additional processing. However, players do not pay transfer fees.
- Webmoney – in this payment system, you can create a wallet with any currency, including GBP or euro. It has reliable protection up to confirmation of the wallet with a real letter to the user’s residence address. Money via WebMoney is transferred to the account as quickly as to other electronic wallets – 0-2 hours. However, players often have to pay a commission of 0.8% -1.5% of the transfer cost.
- Trustly – a payment method from the Scandinavian region used in 200 countries around the world. In the European region and Great Britain, exactly it is also popular. The payment system acts as a partner of many large banks, which indicates the safety of payments. Withdrawing money using this method takes a maximum of 2 business days.
- Wire transfer is a classic settlement method on gambling sites. It allows you to order payment by regular transfer, which takes about 5 days from the date of application.
- ecoPayz is a payment method controlled by the British Financial Regulator and licensed to issue payment cards. The system is specialized in the gambling industry due to the ease of verification. You can get your winnings in seconds with ecoPayz. Player reviews confirm withdrawals within 10 minutes and no commission is charged.
- Revolut – a payment instrument has been used since 2015 and is used to make payments on the Internet and offline. It allows you to convert almost 30 currencies, taking into account the exchange rate. The withdrawal time of winnings using it is up to 24 hours.
Commission and currency conversion
Some payment systems charge hidden fees that were not initially disclosed to the players. For example, there is a payment of commissions for making several payments from the payment system per day / week / month. If you do not want to pay additional interest, change the payment service. To do this, contact the support service of the online casinos presented in our rating.
In addition, players are charged a currency conversion fee. For example, users from UK decided to play in a casino in Europe with support for the euro currency. They fund their account from their bank card or Skrill wallet in GBP. As a result, funds in euros appear on the balance, and additional interest for conversion is debited from the card. You will pay them every time you deposit or withdraw funds. Therefore, we recommend looking for establishments in our rating where you can pay and receive money in a convenient currency – GBP.
Considering the above facts, we can conclude that many factors influence the time of payment of honestly earned winnings. Sometimes delays are caused by player actions or errors during the game on the site. Blocks rarely occur due to the operation of payment services. But in order to receive the won money faster, use an online casino from our rating. All payment methods that are popular in Great Britain have been verified by our experts. By playing in these clubs, you will forget about problems with payment of winnings and long delays in payment!