Betway Withdrawal Time India Review (2023)
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There is a huge range of local and international payment options available for use at Betway when making deposits and withdrawals. Customers are not charged by the operator for either, and the payment procedure is quite streamlined and simple. So, what is the Betway withdrawal time for these payment methods and how easy is it to withdraw funds here? Let’s find out!
Table of contents
Betway Withdrawal Process
For both mobile and desktop users, Betway’s withdrawal process has been the most straightforward as compared to any other operators.
Steps To Withdraw Funds From Betway
How can money be withdrawn from Betway? We’re happy to report that it’s a straightforward task. But before we start, it’s important to note that the banking method you select for your Betway withdrawal method must match the method you used for your deposit.
Here’s a step-by-step guide to the Betway withdrawal process:
- Go to the ”Bank” tab on your Betway account after logging in and choose “Withdraw”.
- Pick the mode of payment you prefer.
- Next, decide how much money you want to withdraw. The minimum withdrawal amount at Betway is 5,000.
- Follow the instructions given on the screen for the chosen payment method. Depending on the banking method you use, the instructions change.
- After confirming the withdrawal request, it should be processed.
Your Betway withdrawal time will vary between 24 and 48 hours from approval, depending on the Betway withdrawal method you choose.
Please be aware that you must confirm your identification by valid government ID proofs before making a withdrawal from Betway. This is to ensure fraud and money laundering are avoided.
Betway Withdrawal Time for Bank Transfer & the Steps
Since bank transfers are the go-to payment method for majority of Indians, we’ve included a guide on withdrawing:
- Click on the ‘Bank’ button and then ‘Withdraw’.
- Select ‘Swift’ option.
- Select the amount you wish to withdraw.
- On the next page, it will instruct you to add your bank account number, IFSC, bank name etc. Fill in those details and click on ‘Withdraw’.
The Betway withdrawal time for bank transfer can be anywhere between 24 hours to seven working days.
Currently, Betway isn’t accepting UPI as a withdrawal method, but you will be happy to know that it has UPI as one of the deposit methods.
Betway Withdrawal Methods
The operator accepts all withdrawal requests within six hours, and payouts usually take between 24 and 48 hours. Here are all the Betway withdrawal methods:
- Swift (Bank transfer)
- Visa Card
- ZapZap Mobile Wallet
- EntroPay Card
- Interac e-Transfer
- MiFinity eWallet
Betway Withdrawal Time for Different Methods
Note: While writing this article (in March 2023), the withdrawal limit for all the options was ₹5000. This was amended as it was previously ₹1000. Here are the screenshots from Betway:
How To Create a Betway Account
As part of our Betway withdrawal review, we will show how to get started with the account set-up:
- Select “Sign Up”
- Enter your personal information and select “Next.”
- Provide your home address and mobile number.
- Make a username, password, and add PAN card number.
- Pick on your betting budget and language
- When you click “register,” you’re all set to play at the Betway casino.
How To Verify Your Betway Account
This is a mandatory requirement to follow in the Betway withdrawal process. You must complete their Know Your Customer (KYC) process before requesting a payout from Betway in India. This is required in order to prevent money laundering, improve customer security, and guarantee that your money is in the best possible hands.
Choose “Account Verification” after logging into your Betway account. If you do not do this and proceed with withdrawals, you will receive the following error:
There are two simple methods for confirming your account:
|Manual Verification||Aadhar Verification (Fast Process)|
|Step 1: Select ‘Verify Identity’ and choose your ID||Step 1: Put your 12 digit Aadhar card number and click on ‘Send Code.’|
|Step 2: Upload the front and back of your ID card in the document and ‘Submit.’||Step 2: Type the OTP that you received on your Aadhar-linked mobile number and ‘Submit.’|
Wait for the verification of your account before making the first withdrawal. In order to decrease your Betway withdrawal time and get the payout as soon as possible, we advise utilising PAN or AADHAAR to verify your account when you register.
Tips for Speedier Account Verification
If you’re uploading a photo of your ID, be sure to choose a clean, undistorted snapshot from your smartphone or tablet.
Ensure that you can see all of the edges.
Turn off the flash.
Use a clear photo if you’re uploading a file from your smartphone.
A black-and-white photo will be disregarded; the image must be coloured.
Avoid uploading a screenshot because that will also be declined.
Can I Cancel My Withdrawal Request at Betway India?
If you ever submit a withdrawal request accidentally or wish to change your mind later, you can ask Betway to reverse your withdrawal, but you only have a certain time limit to do so. Once processing has begun, you will no longer be able to cancel your withdrawal request.
Here are the steps to stop a Betway withdrawal:
Step 1: Go to the Bank section and select ‘Withdrawal.’
Step 2: You may see your pending withdrawal right here if it is still in the processing stage.
Step 3: Under “Pending Withdrawals,” select “Tap here to reverse.” After your withdrawal request has been cancelled, your money will be put back into your casino wallet.
Keep in mind that there may occasionally be a minor delay because Betway withdrawal time frames vary depending on the type of payment used.
Betway Withdrawal Problems & How To Solve Them
You probably won’t run into any issues that cause your withdrawal to be rejected or delayed at Betway. However, in rare cases, you can encounter the following Betway withdrawal issues. We have listed a few along with steps to solve them:
- Minimum Withdrawals Issues
Problem: Each of Betway’s withdrawal methods has a minimum requirement. You can’t withdraw your money if your claim is less than the minimum amount for the method you want to use.
Solution: Resubmit your withdrawal request with the minimum withdrawal amount. Also, if your balance is below this minimum amount, you cannot withdraw.
- Account Verification Issues
Problem: Failure to submit account verification documentation is another reason Betway rejects withdrawals. Betway, licensed by the Malta Gaming Authority, requires customers to provide ID proof.
Solution: You must send a copy of a valid government ID and/or a credit card bill that validates your address to verify your account. Resubmit your withdrawal request for Betway’s compliance department to verify your Betway account.
- Playthrough Criteria Issues
Problem: Before withdrawing from Betway, you must wager all deposits. For example, if you put in ₹ 1,000 and bet ₹950, you won’t be able to get your money back.
Solution: Wager an additional ₹50 to meet the playthrough criteria. Once you have bet ₹50, you will have met the minimum playthrough requirements and can go back to the withdrawal section to resubmit your withdrawal request.
- Miscellaneous Problems
While the above-mentioned withdrawal issues are the most likely hurdles in Betway withdrawal times and processes in India, there are more to be aware of — such as Betway’s rules and conditions prohibiting multiple accounts by a single user. Betway will reject your withdrawal and cancel your duplicate account if it finds one. Also, Betway players must follow the terms and conditions related to wagering or anything else. Non-compliance can lead to withdrawal denial.
Betway Withdrawal Fees
Although some of Betway’s payment providers may charge a small service fee, Betway itself does not charge any fees for withdrawals. Therefore, before making a withdrawal, you should check the rates for your selected payment provider.
Withdrawing Through the Betway Mobile App
The process of making a withdrawal on the app is easy and straightforward, just like making a withdrawal request on a desktop computer. Also, as you can see in the screenshot above from the Apple Store, the Betway app has 4.7 ratings, which means it will give a great gaming deposit and withdrawal experience, just like the Betway desktop site.
Betway Customer Support Details
The FAQ section contains nearly all the responses to user inquiries. It isvery well organised and has a wealth of relevant information. Please be aware that Betway ‘Help’ is frequently overloaded and has a small queue, and live chat will only appear after the Help article section. The length of the complaint process is much longer, and that’s not the best illustration of customer service.
Unfortunately, there is no other way of getting support at Betway India at the moment.
Betway Withdrawal Time India FAQs
1. What is Betway India maximum withdrawal limit per day in India?
Currently, there’s no limit mentioned by Betway for any withdrawal method.
2. What is the minimum withdrawal at Betway?
₹5,000 is the minimum withdrawal at Betway India.
3. Is it necessary to verify the Betway account for withdrawals?
Yes, it is necessary to verify your Betway account with valid government ID proof to avoid any delays in the withdrawal process.
4. Does Betway accept INR?
Absolutely! INR is recognised as the principal currency, which is another advantage of using Betway.
5. Is it possible to withdraw via UPI at Betway? And what is the Betway withdrawal time for UPI?
Unfortunately, at the time of writing this article (2nd March 2023) Betway is not accepting UPI for withdrawals.