One of the biggest concerns for players participating in online gambling and betting is about withdrawing their winnings. Thankfully, most reputed sites have a number of ways in which you can process your withdrawals. One of the popular ways of doing so is by using e-wallets like Neteller. But Is it safe to withdraw money from Neteller in India?
We think it is! Here is why.
Is it safe to withdraw money from Neteller in India?
Yes, it is absolutely safe to withdraw money from Neteller. In fact, Neteller is one of the most well known and widely used e-wallets in the world. In addition to being a preferred choice for carrying out financial transactions while betting and gambling online, it can also be used to carry out payments on various e-commerce platforms.
How to withdraw money from Neteller?
Withdrawing money from your Neteller account is an easy and fast process. You can either transfer your funds into your bank account, or you can move them to another e-wallet like Skrill.
In order to withdraw money in your bank account, you will first need to log in to your Neteller account, and select the `Money out´ button located on your dashboard. You will be able to see all the withdrawal methods available to you. Select the `Bank Withdrawal´ option.
You will be asked to fill in your bank details like account number, account name, bank name, etc. Click on the `Confirm´ button after entering the relevant details.
Now enter the amount that you wish to withdraw, and click on `withdraw now´ after accepting the terms and conditions. Your request will be registered.
Is it safe to withdraw money from Neteller in India? All major Indian banks, including SBI, HDFC, ICICI, etc. allow withdrawals from your Neteller account to your bank account. Keep in mind that this is despite strict RBI regulations on the banks dealing with online betting companies. It may take up to 3-4 working days for your withdrawals to be processed, and money to be deposited in your bank account.