Making a withdrawal of winnings a common source of frustration for casino players. Even casinos with the biggest game selection, excellent promotions and no deposit bonuses, and helpful support often trip up when it comes to processing withdrawals in a timely fashion – no one wants to feel like they are being ignored when all they want is their casino winnings in hand.
These days, with such a range of payment methods available, including some impressively fast e-wallet services and rapid bank transfers, it can seem like any delays come from the casinos themselves. That’s why we’ve gone through our toplists and done some thorough research on how long it takes casinos to approve a withdrawal. These are our top picks for casinos that offer fast bank transfer to enable you to get your winnings quickly and with the least hassle:
Why do casino withdrawals take long?
To answer this question, some clarification needs to be made about the source of the delay, which can stem from two sources.
The first is the online casino, which is bound by international regulation to ensure that its players are protected from fraud and that their casino services are not being used to handle funds gained by illegal means.
This means that it is in both the players’ and the casinos’ best interests to check whether players are who they say they are and that the money they are wagering belongs to them. To do this, casinos conduct KYC or Know Your Customer procedures, which include verifying identity and source of funds.
It may seem like just an additional step before players are allowed to receive their casino winnings but the KYC process protects all parties involved. Some casinos handle this step faster than others, which may be a source of delay in withdrawal time.
Another factor that affects withdrawal times is the type of payment method used. E-wallets such as Skrill, Neteller and Paypal are safe, secure and, importantly, almost instantaneous in their handling of transactions. This means that once the casino has approved the withdrawal and pressed the button, so to speak, the player will see their funds appearing in their account. Here are some top picks for UK casinos that support fast e-wallet payments:
Other payment methods can take some time. Bank transfers, for example, can take several days as the banks involved process transactions more slowly. The same goes for debit cards.
How to get faster withdrawals
There are a few things players can do to expedite the withdrawal process, relating to the two factors mentioned above.
Prepare your documents
Find out what documents the casino requires to verify your identity before you make a withdrawal. Documents can include a scan of a government-issued identity document, bank statement and/or recent utilities bill but this depends on the casino.
Ensure you have clear scans of all the necessary paperwork. No folded corner, blurry mobile phone pictures or obscured information. Go to a professional photocopy bureau if necessary. This will reduce the chance of the casino requesting documents again, thus causing more delay
It is possible for players to send in their verifying documentation before ever making a withdrawal, though this also depends on the casino’s policies. If it is allowed, getting this out of the way as soon as possible will mean that there are no delays when it comes to processing a withdrawal request.
Choose the right payment method
Some players like the sense of security that comes with using respectable debit cards like Visa or bank transfers through their own bank. However nowadays, so many safe, fast and secure e-wallet services exist that giving them a try as your payment method of choice is definitely a good idea.
Most e-wallets are free to set up – simply open an account, top up with some funds and you’re on your way. And these services can be used for many things like online purchases and sending money to others, so they’re not only useful for casino transactions!
Players often brace themselves for a struggle when it comes to withdrawing their casino funds but it doesn’t have to be that way. Some casinos have gone out of their way to make this process as smooth and simple as possible. By making smart choices before you withdraw, you too can enjoy faster withdrawals from your favourite UK casino.
How about Fast Bank Transfer?
Traditionally, bank transfer withdrawals at casinos take a long time. Even up to 7 days in some instances! With Fast Bank Transfer, you could see your funds hit your bank account in as little as 1-2 days. The casinos that we have recommended on this page offer Fast Bank Transfer to their customers. However, you will need to ensure that your bank also supports this type of rapid transfer. In the UK, banks such as NatWest, Barclays, Lloyds and the Royal Bank of Scotland support this type of withdrawal.