While there are many factors that influence the quality of your online casino experience, and banking is certainly one of the most important. Just about all top-rated Internet gambling sites offer instant deposits, but withdrawals are another matter entirely. When you cash out, you want to be able to access your winnings as soon as possible. It is only natural then that you would look for the fastest withdrawal procedure. But which options are the fastest and the most reliable?
What most people don’t realise is that there are two factors that influence the total time and influence the fastest withdrawal procedures you’ll find online. The casino has a processing request time, as does the banking facility. If you want to get your hands on your winnings quickly, it is best to sign up with a site that has a short processing request time. This is the time it takes for the site to acknowledge you have put in a request and will start the process of moving the funds.
The request processing time differs depending on the establishment. Some sites process payments within one or two hours while others can take up to 2 days. This is before the payment facility starts their processing procedure.
Once you have initiated a secure withdrawal procedure at the casino, the site will then process the request and hand on to the payment facility provider of your choice. This is another key factor that can influence the overall time you wait for your funds to appear in your account.
Bank and card withdrawals tend to take the longest as the banks take a few days to process the payment. In some cases, you can wait up to 5 days for your winnings to reach your account.
The good news is that there are plenty of other banking options that have fast or instant turn around times. In some cases, instant banking systems can be used. These are payment facilities that transfer the funds directly from your casino account to your bank account without the long delay. In exchange, they charge you a small fee for the service. Instant banking is ideal for players who don’t want to use credit cards but still want fast, reliable transactions.
Currently the fastest withdrawal procedure and the most reliable is any type of web-wallet. Systems like PayPal, Skrill, Neteller and EcoPayz provide instant withdrawals into your web-wallet account. This means that as soon as the site has completed their processing time, you can transfer the funds through straight away. You can then use your winnings to make more deposits or purchase goods and services at Internet-based merchants. Some web-wallets can be linked to a prepaid card. Once your winnings are credited to your web-wallet account, you can use your card to get cash at an ATM or pay for goods in-store.
Cryptocurrency is another instant and reliable option. While not all establishments accept cryptocurrency, it is becoming increasingly popular. Bitcoin is probably the most recognisable and the most widely used. With Bitcoin you can fund or top up your account directly from your Bitcoin wallet. When it comes to cashing out, the turn around time is just as fast. Once requested, your funds will be transferred back into your Bitcoin wallet straight away.
The secure withdrawal procedure is the same for all cryptocurrency transactions, including Bitcoin Cash and Ethereum. If you use one of the above methods at a site with a short request processing time, you should have no trouble cashing out regularly and having your funds moved into the account of your choice in no time at all.