How to find an online casino with fast withdrawals
As previously mentioned, it is not always easy to figure out how quickly you can get a hold of your winnings at an online casino. Therefore, it is definitely a good idea to have a look at the terms and conditions, FAQ, and the cashier first. Usually, you’ll be able to find more information on how long the casino might take to approve your withdrawal and how long the estimated transaction times are. But this information is not always reliable, as some casinos don’t live up to their promises. Additionally, then, we also recommend having a look at the GoodLuckMate reviews to find the best site that suits your needs. We are highlighting the best casinos with fast withdrawals and give you extensive information about the pros and cons of each of the casinos.
The fastest withdrawal methods available
If you are after fast withdrawals it is important to pick the correct withdrawal method. Depending on the payment provider in question, the transaction times can vary by several days. Many people nowadays own an electronic wallet (known as an eWallet). It is quite normal to make internet payments in this way or to play online casino games for example. eWallets are an easy and secure way to conduct financial transactions over the internet. On top of that, they allow for insanely quick cashouts that are almost instant. Once you have registered with one of the providers, you can transfer money from your bank account to and from this eWallet yourself or use the associated credit card that comes with it. There are several popular eWallets that are commonly used as a payment method in online casinos with fast withdrawals:
- Neteller
- Skrill
- PayPal
- MuchBetter
- EcoPayz
We highly recommend using one of these options as they are widely available across all platforms and extremely reliable. If you don’t want to sign up for an eWallet, your choices of quick withdrawal methods are extremely limited. One alternative could be Trustly and their Pay N Play payment solution. In order to make casino deposits and withdrawals with Trustly, you don’t have to create an account. All you need is access to your online banking, and you are good to go. Trustly supports instant withdrawals for many bank accounts, especially within Europe. We recommend checking out our guides if you would like to find out more information about any of the above-mentioned payment methods.
Avoid these slower payment methods
Most people who like to gamble online want to get their cash withdrawals easily and quickly. No one likes complicated procedures and delays. Unfortunately, traditional payment methods oftentimes suffer from long transaction times. Two of the slowest methods of making money transactions with an online casino are:
- Bank wire transfer – This classic payment method is very safe. The disadvantage, however, is that this can sometimes take up to 5 business days or even longer in rare cases.
- Credit cards – Credit cards are a popular deposit method at online casinos, as they are easy to use and your funds will be available straight away. However, withdrawals are not as quick as deposits and can take up to 5 business days.
Account verification – Plan ahead to save time
A smart tip to speed up the process of an online casino payout is to be well-prepared to prove that the casino account is really yours. If you send the necessary verification information immediately, you will avoid unnecessary delay when it comes to requesting your withdrawal. At most casinos, you can provide your KYC (Know Your Customer) documents directly after sign-up. But what information do they want for this check? Below is a brief description of what you can do to save time when withdrawing money from an online casino. For more detailed information, we recommend that you check out our extensive guide on this topic.
Documents to be submitted
- A copy of your ID, such as a valid driver's license, passport, or ID card.
- A utility bill as proof of address, such as a gas or electricity bill or similar. This document must not be older than three months and it must show your name and current address.
- Proof of ownership of the payment method used to make your deposit. This could be a picture of a credit card, a screenshot of your eWallet account, or a bank statement. Please note that not all online casinos will require this type of documentation but it’s always good to be prepared just in case.
Remember that the submitted documents must be in good condition. Folded corners, poor image quality, and partially illegible copies will not be accepted. It is also important that the files are delivered in the correct format. This can differ at each casino, so it’s best to double-check. You can read the necessary information in the FAQ section or by contacting customer service.
