Claiming a win in an online casino is an exciting moment, but how long do you have to wait to get the cash in your hands to start spending and enjoying it? If you’ve seen claims that you can get your winnings out in minutes, you might wonder if this is true and, if so, how you need to go about it.

The Fastest Withdrawal Methods

When taking money out of a gambling site, you need to know which method suits you best. Each casino lists the deposit and withdrawal methods it accepts. They’re generally similar across different casinos, although you’ll see some differences between sites.  

E-wallets, including PayPal, Skrill and Neteller, are used by many of the fastest payout casinos and are recommended by UK casino experts. They typically offer speedier transactions than traditional methods, such as bank transfers, so when the casino processes a payment, the money will arrive in your wallet instantly. No withdrawal fees are added by reputable casinos for using these wallets, although you should check what the wallet provider’s current fees are for using the money you receive there. 

This raises another point to take into account, which is whether the casino processes withdrawals immediately or has a pending period it completes before doing this. Looking at the site’s FAQs section or banking information will reveal how quickly they deal with requests to take money out. You can also check comments from reviewers and other players to see if they have had any problems getting their cash out quickly.   

Other Requirements – KYC and Gambling Requirements

There are a couple of other issues that can affect how long a casino withdrawal takes. The first is the know your customer (KYC) process, which is obligatory in casinos regulated by the UK’s Gambling Commission. You’ll be asked to upload identity and address verification documents before a withdrawal is processed, which may add to the time needed for it to go through. However, the rules make it clear that licensed casinos can’t ask for additional information to process a withdrawal that could have been requested earlier. 

When the winnings were claimed thanks to a bonus offer, this adds another possible delay, since you need to meet the gambling requirements before withdrawing them. The bonus offers from reputable casinos all come with terms and conditions that specify how many times the money needs to be wagered before it becomes available for withdrawal.

A casino with relatively low wagering requirements will allow you to have a better chance of getting some winnings out speedily by playing a reasonable number of games. It’s also worth checking the terms to see which games count 100% towards the wagering requirements and which have a low weighting or are excluded completely.   

The introduction of speedy banking methods like e-wallets has helped make the casino withdrawal smoother and faster. By choosing a casino that accepts the quickest banking methods and has clear terms & conditions, you’ll feel confident that any big wins will soon be in your hands.