Time certainly seems to go longer when you are waiting for some money, isn’t it? You are not alone. No one wants to wait for their money but that is the reality of banking around the world today. This waiting is easier to bear if you have a good idea of what to expect. Betway is very good at updating its withdrawal process by breaking it down into stages so that the bettor knows how his request is proceeding. So, how long does it take to withdraw money from Betway? Read on.
How long does it take to withdraw money from Betway?
These are the stages your withdrawal status will go through:
- Pending
- Processing commenced
- Processing completed
- Paid
The first stage is immediately after you place your request. The second is where Betway asks for any identification if they need it, and the third is after they complete their due process. The money only leaves Betway after the third step.
The first and third steps are very short, maybe a few minutes, but the second one can take a bit of time. If, for example, you are making a withdrawal for the first time, you may need to show some documents to prove your identity. Betway wants to make sure the money is going to the right place. If, however, you make withdrawals regularly then you will not need any additional verification.
The time taken from the time the money leaves Betway to when it shows up in the bank varies as per the method. If you use an e-wallet like Neteller you will get your money in 2-24 hours. If, however, you are using a bank withdrawal then it will take around 7 working days for you to get your money.
Use an e-wallet if you want your money fast and are fine with paying a bit extra for the convenience.
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