How Long Does Betway Withdrawal Time Take
Betway offers UK customers 5 eletronic and banking options to withdraw their funds. The fastest way of withdrawing money from Betway is through the use of e-wallets PayPal and Neteller — between 2 and 24 hours. Refunds via debit cards, a bank transfer (Rapin Transfer) and Trustly takes 1 to 2 business days.
As you can see, the betting site does not have a payment method which allows a withdrawal to be processed instantly, although they are relatively quick — sometimes you need to wait only two hours to withdraw your cash balance. Note, when you initiate a withdrawal, you will see a notification indicating that the bookmaker imposes a £1 processing fee. Also there can be additional fees on the system's or bank's side. The bookmaker lets you use the same payment method you use to deposit money into your account for withdrawals.
Betway Withdrawal Methods
Withdrawal Methods | Withdrawal Times | Minimum Withdrawal Amount | Maximum Withdrawal Amount | Withdrawal Fees |
|---|---|---|---|---|
Visa / Mastercard / Visa electron | 1 to 2 business days | £5 | No limit | £1 |
PayPal | 2-24 hours | £5 | No limit | £1 |
Neteller | 2-24 hours | £5 | No limit | £1 |
Trustly | 1 to 2 business days | £5 | No limit | £1 |
Rapid Transfer | 1 to 2 business days | £5 | No limit | £1 |
The sports betting allows withdrawals by all supported payment methods that are available for deposits. It's not a frequent case for a UK bookmaker to be able to use the same method for any transaction.
Before making a withdrawal, find out is your account verified. Betway requires proof of identity to avoid issues like money laundering. If you have used a free bet, make sure all the wagering requirements are met: the qualifying bet settlement has taken place and you wagered on the right betting markets. Also you can refund only you cash balance, not the bonus balance. If you still have problems, try other deposit options or contact the support.
Below is a quick look at the various methods you can use to fund or refund from your account and the payout times.
Betway Withdrawal Method — PayPal
It will take between 2 and 24 hours to withdraw money to your PayPal account. The processing time is not record-breaking, as some bookmakers offer instant or almost withdrawal times for PayPal. The minimum withdrawal is £5. Betway does not have a maximum withdrawal limit. Each withdrawal request attracts a £1 processing fee.
Betway Withdrawal Method — Neteller
One of the fastest Betway's payment methods, with withdrawals taking from 2 to 24 hours. The minimum amount you an withdraw is £5 and this option attracts a £1 processing fee and t. Betway has not set the maximum withdrawal limit for Neteller.
Betway Withdrawal Method — Trustly
A direct online banking service that allows you to refund money from Betway to your bank account within 1 to 2 working days. The minimum you can refund using Trustly is £5 but you not have a maximum withdrawal limit. Betway charges you £1 processing fee for every transaction through all payment options, including Trustly.
There are many bank that support Trustly payments, but just in case, ask in advance.
Betway Withdrawal Method — Rapid Transfer
Rapid Transfer is an online payment method that allows you to transfer money from Betway to your bank account. The processing time for the bank transfer option is 24 to 48 hours. However, for the bank transfers to reflect in your account, it may take longer depending on your bank policies. Also a bank transfer is a payment method from which you should expect additional fees from the bank's side. This withdrawal option also attracts a £1 processing fee for each withdrawal request. There is no maximum withdrawal amount but the least you can withdraw is £5.
Betway Withdrawal Method — Visa/Mastercard
The debit card options allow you to withdraw money from your Betway account within 1-2 working days. However, the withdrawal time also depends on your payment providers and can take longer because of weekend delay. The minimum you can withdraw with either of these options is £5 and processing fee for each request is £1. Betway does not place a maximum withdrawal limit, making debit cards a good solution to withraw huge amount of payouts from your Betway account.
Unacceptable Withdrawal Methods
In this section, we will be looking at the other methods that Betway does not support, currently. These include popular methods such as Skrill, Paysafecard, Apple Pay, and Google Pay. While these payment methods may be widely accepted at other online sports betting sites, they are currently not available at the bookmaker site for customers in the United Kingdom.
Skrill
Skrill, formerly known as Moneybookers, is an e-wallet that allows you to make payments and transfer money online. Withdrawal times at most UK bookmakers range from a few hours to 1 day, making it one of the fastest payment option. At the moment you are not able to withdraw money from a Betway account using this wallet or use it as a deposit method.
Paysafecard
Paysafecard is a prepaid card that you can use to make payments online. The card is purchased with a set amount of money that you can use to make online transfers to merchants that accept it. For those who prefer to use cash for their online payments, the fact that Betway does not include paysafecard as a payment option to make deposits or withdrawals may be a disadvantage. This option is especially popular with customers who do not have access to traditional banking methods or those who prefer to keep their online spending separate from their bank accounts.
Apple Pay
Apple Pay is a mobile and digital wallet service provided by Apple Inc. that allows users to make deposits and withdraw money from participating merchants and financial institutions. However, Betway currently does not offer Apple Pay as a deposit or withdrawal option.
Google Pay
An analogue of Apple Pay for Android device users. Google Pay requires debit card attachment, so deposit and withdrawal times are correlated. Unfortunately, Betway currently does not offer Google Pay as one of its payment methods.
How To Withdrawal From Betway
The process of withdrawing funds from the sports betting site is pretty straightforward. Here's our little step by step guide:
Betway Video Review
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Betway Withdrawal Time FAQs
