A thing that would make any online casino the best is instant withdrawal. Nobody likes waiting for 2 or 3 days till the money finally appears in a bank account, which is common for almost any online casino out there. However, there is a type of instant withdrawal casino that is sometimes difficult to find on the Internet. But how do these websites process withdrawal transactions so quickly? Read on to find out.
Instant Withdrawal Process Explained
First of all, I should warn you that online casinos that process payments fast are legitimate and safe. The fact that they pay out and do it quickly already raises much trust. Legit online casino sites don’t want and will not frustrate their players with slow withdrawals. However, in order to enjoy instant withdrawals, players need to go through certain procedures.
The first procedure is KYC (Know Your Customer) check. In other words, it is a verification of the player’s account. Casino players have to verify their accounts to ensure they are real players who enjoy gambling, not fraudsters. The drawback of the KYC process is that you need to send your ID for verification. Moreover, the procedure itself takes from 1 to 3 days, normally, depending on the casino terms.
Once you send the necessary documents, your funds are kept in the pending stage. During this period, you cannot make withdrawal requests. However, as soon as your documents are approved, your withdrawal is processed by the financial department of the casino.
If you are going to wait for a couple of days, then why is it an instant withdrawal, you might ask? Here’s the answer. The thing is that you need to go through this stage once — before your first withdrawal. All next cash-outs will be instant. You won’t need to send your documents again.
Documents Required By Casinos
If you do everything right and decide to verify your casino account, you will need just a few things to prepare. Instant withdrawal casinos need to know just basic details about you such as your full name, date of birth, address, postal code, your country, and alike.
All these data can be found in your ID documents. You can use, for example, your passport, driving license, or a national identity card. To prove your current address, you can attach a copy of your utility bill. In some cases, you might also need a bank statement.
The process of verification takes a few days or a few hours, depending on the casino. But we still recommend sending your documents as soon as you register with an instant withdrawal casino. Then, by the time you request cash-out, your account will have been verified.
How to Make Instant Withdrawal
As soon as you verify your account, your funds can be easily and quickly transferred to your payment service account. This is how to request instant withdrawal:
- Log in to your instant withdrawal casino.
- Open the cashier or banking page and find the cash-out section.
- Choose the payment method you prefer.
- Enter the number of your winnings that you want to withdraw.
- Confirm the request.
The request will be soon received by the casino finance department. Once they process the transaction, you will be notified in the section of the history of payments.
Which Payment Methods to Choose for Instant Withdrawals
Online casinos offer an array of payment methods for withdrawals. But all of them have specific features. Some services can really transfer your money quickly, while others will hold your funds for a little longer. So, you need to choose your withdrawal option wisely in order to get the fastest withdrawals. Here’s a brief overview of the most common payment methods.
Bank transfers, as well as banking cards, can be your worst choice for fast withdrawals. Usually, these payment services take about 1-5 business days to process any transaction.
Besides, if you choose this banking option, you will need to add your bank account details such as your account number and IBAN. Make sure to enter the numbers correctly.
Truly instant withdrawals are made via e-wallets. You can use any e-wallet service such as PayPal, Skrill, Neteller, ecoPayz, or etc. With an e-wallet, your winnings will be sent to your e-wallet account in mere seconds. No waiting and no strings attached.
To tell the truth, e-wallets are the only payment services that allow instant withdrawals. So, I recommend using one of these e-wallets and take the advantage.
Instant withdrawals are possible. But to make it available for you, you need to get through the verification procedure. Besides, do not forget to use the right payment method for withdrawals — e-wallet. This will ensure the fastest payout of winnings from online casinos. Once you make your first casino withdrawal, all the following cash-outs will be instant.