Betway withdrawal methods
Betway is associated with some of the most secure and efficient withdrawal methods available on the global market. The betting and gaming site offers more than 16 payment methods, although not all allow for withdrawals. Betway’s withdrawals methods include Visa debit or credit cards, Visa Electron debitcard, Credit cards for Visa and Mastercard, Click2pay, ClickandBuy, Direct Bank transfer, ecoPayz, EziPay, Instadebit, Neteller, PayPal, Skrill, Skrill 1 –Tap, Lobanet/Transferencia Bancaria Local, Qiwi Wallet and EntroPay Card. Betway does not make allowances for allowing you to withdraw by way of vouchers. Therefore, Ukash and the PaySafeCard are not options for getting your winnings from this online gaming and betting site.
No fee is charged by Betway for making a withdrawal. However, charges may be incurred from your credit or debit card or other financial institutions. However ,there are also one or two limitations: you can only withdraw using the same method in which you make your original deposit, except you made any changes to your account in this regard.This is especially so with MasterCard and Maestro. Therefore, in this respect, Visa is more flexible. Withdrawing is not as quick as making deposits as Betway practices quite intense security measures before each transaction. You should expect to receive your funds in the same currency as you made your deposit. If you have already withdrawn five times or more than your Betway’s lifetime deposits, you are eligible to withdrawal of only €4000 per week from your winnings and the rest of the amount would remain in your account until further eligibility. For new players, it is limited to up to six times the value of the initial deposit and the outstanding amount will be forfeited. Jackpot wins by users are exempted from this limitation. If you have incurred winnings from free bets, promo offers or bonuses, Betway will also limit the amount that can be withdrawn. This is in the amount of a maximum of about €100.
All the withdrawals from Betway can be processed via the banking page on their website. It is highly recommended for the users to record the withdrawal transaction number for future reference in the event of unforeseen incidents such as a technical glitch in processing the withdrawals. Customer Service at Betway needs to be contacted if there is a need for updating the payment details for withdrawals. Fortunately, support staff are available 24 hours every day.
Betway generally processes withdrawal requests for its customers within 24 hours from the time the request is made. However, the withdrawal requests can sometimes experience delays due to the stringent verification process involved. In compliance to banking regulations, Betway does requires proof of identification prior to processing the withdrawal request. Users may be asked to provide copies of a utility bill, driver's license, as well as the photocopy of the front and back of a credit or debit card. These will help to confirm the identity as well as the address. This process also goes a long way to prevent fraud. Payment will be suspended if users fail to supply these documents. The users’ identity must be successfully verified by Betway in order to receive the winnings.