Verification Procedure
Top-rated online casinos are required by licensing bodies to verify player accounts prior to processing withdrawals for security reasons. Players may feel that this is a hassle, but the verification procedure is essential to verify players’ age, identity, nationality, and the fact that they are the true holders of the credit/debit cards or eWallet account they are using for deposits and withdrawals. This is to ensure that the payouts reach the right person.
As part of the verification procedure, players have to scan or take photos of the following documents and either send them to the online casino through email or upload them on their gaming account pages:
- Latest utility bills, not more than three months old
- Bank account statements
- Screenshots of eWallet accounts
- Fronts/backs of credit/debit cards
- Government-issued photo IDs such as driver’s license, passport, and so on.
If you feel uncomfortable about sending copies of your credit/debit cards, you can always blur out some of the digits of your credit card number and the entire CVC number on the back of the card. The online casino will not process payout requests until and unless your account is verified.
Withdrawal Time Frame – As soon as you make a payout request, it enters a “pending” state, during which players are free to reverse their requests. During the pending state, the online casino verifies player accounts. This takes one or two days or more if players haven’t sent the supporting documents.
The online casino takes another day or two to actually process payouts. It then credits the payouts to players’ preferred payout method. The time taken for your winnings to appear in your account depends on the preferred payout method. While eWallet withdrawals are instant, wire transfers may take up to a week.
How to Increase Withdrawal Limits – The only way is to select online casinos that either do not have any withdrawal limits or have very high limits. Some online casinos will increase your weekly/daily/monthly withdrawal limits if you achieve higher levels of its VIP Club. Also, make sure to register at an online casino that pays out progressive wins and jackpot wins in lump sums.
