When it comes to online casinos, one of the key criteria to consider when choosing a new destination to play is the withdrawal times because one thing is to make a fast deposit, but another thing is to be able to get your winnings as fast as possible. Casinos like when you make deposits and they are all generally processed instantly, but when it comes to cashing out each casino has its own pending time and payout timeframe. In addition, different withdrawal methods will take different times. In general, e-wallets are the fastest way to get your winnings, following by credit cards and bank wire. The slowest cashouts are processed via checks but they are becoming less common nowadays.
Typical turnaround times you can expect from various withdrawal methods at the casinos we recommend are:
- Electronic Wallets: Cashing out via e-wallets or e-banks generally lasts up to 48 hours, but we expect the transaction to be cleared within 24 hours. Nowadays there is a trend among the quick withdrawal casinos to offer instant payouts via cashout methods like Neteller.
- Credit and Debit Cards: These withdrawal transactions often take up to 5 days, but the turnaround time should be between two and three days.
- Bank Wire Transfer: It takes up to 7 days to clear.
- Checks: They are the slowest and take anything up to 21 days to complete. Unfortunately, the casino is not responsible for the time it takes for postage. Some casinos will courier checks for their VIP’s or offer this as a paid option to all customers.
These are the times we consider to be acceptable and the casinos we recommend offer some of the fastest turnaround times in the industry. Not that the majority of online casinos do not pay as fast as this. Turnaround times are one of the major selection criteria at Australia Casino Club.