Waiting for your money is not fun especially if you are nervous about getting it in the first place. Luckily, that is not something you need to worry about with Betway. As one of the best sites in the world, Betway has a stellar reputation in the betting world and so you know your money is safe. How long does Betway take to pay out? This can vary by the method you choose. Read on.
How long does Betway take to pay out?
Betway is pretty good at sharing at what process your withdrawal request is.
Typically, your withdrawal goes through these steps:
- Pending
- Processing commenced
- Processing complete
- Paid
The money only moves out of Betway’s account after the processing has been complete. Depending on your account history, the first three steps make take a variable time. For example, if you are withdrawing money for the first time, you may need to show some identification or documentation to verify your identity.
If, however, you withdraw money regularly, then no additional verification will need to be done.
Once Betway pays the money, it will take some time to reach your bank account. How much?
Typically, it is about 2-24hours if you are using an e-wallet like Neteller or Skrill but it may be as much as 7 business days of you are using a bank transfer.
This is why we also recommend the use of an e-wallet. It takes away any uncertainty about being able to use your card at online betting sites and also allows you to get your money in the fastest possible time.
You do have to pay a small fee of about Rs.2 per Rs.100 while depositing your money and a flat fee of about Rs.200 while withdrawing your money. Well worth it in our opinion! Good luck!
