Withdrawals from online casinos are processed instantly and directly to players’ designated bank accounts, with most reliable online banking systems providing full audit trails. In addition to the security of financial transactions that all banks provide, many countries regulate or even license online casinos – assuring the legitimacy of an institution and its funds.
The quickest withdrawals represent one of the most effective features of online casinos, and are available as a default option for all players. Several factors affect the time required to withdraw money from an online casino balance, including:
- The nature of one’s deposit methods (credit card or bank transfer) or cashier options (Bitcoin);
- Currency used at the online casino;
- The method by which one wishes to receive the money (cashier’s check, wire transfer or direct bank deposit).
Electronic wallet systems also provide quick withdrawal alternatives. Players can choose from a number of fast banking options – depending on their available account and wish-list for withdrawals. Options include deposits directly into players’ accounts or Bitcoin transfer.
According to Mr. Ong, CEO of WS88 in Singapore, many online casinos also offer bonuses for their regular customers, which are calculated on the basis of real or virtual casino cashier balance or turnover. Bonuses can be provided in free games to play, tournaments and events, but most often consist of extra money added into one’s account. These amounts vary depending on a player’s VIP status, but can range from a few dollars to several hundreds of dollars.
“Many instant withdrawal online casino singapore sites can be considered as the most reliable places on the web for quick and safe withdrawals. However, it is still good practice to keep a regular eye on one’s cashier balance and deposits, particularly in regard to any bonus payments or VIP loyalty program,” he adds.
Withdrawal options to choose from:
Credit Card
This option makes it easy for players to receive their money almost immediately if they do not want to wait for withdrawal confirmation via email, or if their account has been blocked. It takes only minutes until the money is available in a player’s account.
Bank Transfer
It can take anywhere from three to seven days but is considered the safest withdrawal method since it does not involve any intermediary financial institutions or banks. The bonus with this option is that withdrawals are immediately deposited into one’s accounts, so there is no need for additional confirmation.
PayPal
Many players use PayPal when they want to get their money into their accounts quickly. Withdrawals are almost immediate, and can be received in one’s account within minutes after being processed.
Neteller
Neteller is probably the most popular e-wallet for regular players at online casinos. This method is very convenient; not only does it allow one to receive money into the account immediately, but it also allows for greater financial flexibility.
Cryptocurrency
Bitcoin makes depositing and withdrawing at online casinos safer than ever before. Deposits can be made instantly to player accounts, and withdrawals are processed in a matter of minutes. One must remember that additional confirmation via email is required if an account is blocked.
Skrill
Skrill/MoneyBookers allows players to receive their deposits and withdrawals in a matter of minutes. One drawback with using this system is the fact that it requires additional confirmation via email when one’s account has been blocked.
AstroPay
There are some casino sites that make use of AstroPay, which can be very helpful for instant withdrawals. One of the drawbacks with this system is that additional confirmation via email is also required when an account has been blocked.
Takeaway
When it comes to withdrawing your winnings from an online casino, you want to make sure that you can always contact customer support if there are issues that need clarifying or concerns that you have about the transaction process.
Most instant withdrawal online casino singapore sites have responsive customer service that can clear up any issues very quickly, while others have problems dealing with their customers’ complaints or inquiries. Thus, make sure that you only play at casinos with responsive customer services before you start making withdrawals from them.
