Congratulations are in order if you are looking to withdraw winnings from your online casino account. For the most part, Canadian players have a few options when it comes to cashing out. Each banking method has its own pros and cons which our experts at Casino Listings point out so that all our readers can make a well informed decision before even signing up at a preferred Canadian online casino. Everyone looks for the fastest payouts but we suggest you always focus on security rather than speedy payouts. Nevertheless, you will find a reputed list of casinos that support a range of banking methods such as eWallets, wire transfers, and bank transfers, right here on our website.
Many online casinos have what is known as a ‘reverse withdrawal’ policy where the casino puts a player’s withdrawal request on hold for a specific time during which the concerned player can choose to withdraw it or have the funds deposited back in his or her casino account. Most Canadian online casinos offer this option for a period of 24 hours during which the withdrawal request is processed. However, this may range from 24 hours to as long as 72 hours depending on the casino’s policy. On the other hand, a few casinos have not implemented this policy at all while some casinos allow its members to decrease the reverse withdrawal time.
For players who may, for any reason, not want to withdraw funds this is an ideal option where they only need to select the reverse withdrawal option and have the funds made available in their casino account. Reverse withdrawal is at the sole discretion of the individual concerned and we do not recommend this option to those who may have difficulty controlling their spending habits. The opposite of ‘reverse withdrawal’ is manual flushing, where players can choose to have their funds immediately flushed out from their account. A reverse withdrawal is not possible after choosing this option.
Envoy is a bank transfer service that allows users to make an international bank transfer just like a local transaction, thereby avoiding significant costs. For example, if you wish to transfer money from Australia to Canada Envoy will send funds on your behalf from Australia to its accounts in Canada. This helps reduce costs of international transfers and the time taken for funds to reflect in your bank account. Some Canadian online casinos support this method to enable players to withdraw money to their bank accounts. The system uses an advanced fraud detection service so your funds are in safe hands during the time of transfer. Envoy services a wide range of countries and supports a number of credit and debit cards, prepaid cards, and bank transfers. Most online casinos process withdrawal requests by Envoy take 3-4 business days.
Cashing out winnings from your Canada online casino account to your Citadel account is simple. All you need is to select Citadel as your preferred method in the casino’s banking section and enter the amount to transfer. Choose where the funds need to be transferred to such as your credit/debit card or your checking account. The money will be transferred once you have confirmed the transaction. For the most part, Citadel is one of the well established deposit and withdrawal options for Canadian online casino players. The processing period ranges from 4 to 12 days which means it may take a little while before your winnings reflect in your account.
The myCitadel Wallet service is supported by several casinos and is a safe online wallet that can be used to transfer funds from your casino account. However, before you choose this banking method make sure to check with the casino’s support staff if you are able to use this service to cash out winnings since some casinos may change their policies from time to time.
Neteller needs little introduction to Canadian casino enthusiasts who are used to using the eWallet to cash in and cash out as well. Making a withdrawal from your casino account can be accomplished in a few simple steps. On the site’s banking page enter Neteller as the withdrawal option and fill in the relevant data including the amount you wish to transfer from your casino account. The transaction is processed instantly and you should receive your funds back in your Neteller account in no time at all. Some casinos only allow withdrawals by this method if you have used the same to make deposits as well.
Using Neteller comes with plenty of benefits. It is one of the safest methods where transfers are completely anonymous while withdrawals are processed instantly. In addition there is no risk since every transaction is encrypted, making it a secure banking method as well. Neteller also offers a range of withdrawal options from your account that include a Net+ pre-paid MasterCard that can either be a virtual or plastic card.
Wire transfers are among the oldest fashioned routes but still a favoured one among Canadian online casino players as well. All you need is to give your casino your bank account details including the SWIFT code and routing number and the casino will arrange a wire transfer straight to your bank account. It is one of the ideal options for larger withdrawals. You can expect your winnings to be made available in your bank account within 10 business days. This is one of the ideal alternatives if you used a deposit method that cannot be used to cash out.
One of the biggest advantages of bank wire transfers is that there is minimal risk of fraud. If you are patient enough to wait out a few days then wire transfers are definitely an option that even our team at Casino Listings always recommend.
There is no doubt that bank drafts are one of the safest options when it comes to cashing out winnings from your online casino account. The process may take a while like cheques since they will get to you by post following which you will have to present it to your local bank. The option is usually listed as ‘Cheque/Check” in the casino’s cashier. Make sure your mailing address is updated with the casino so that they send it to the right address. Some casinos charge a fee for withdrawals by bank draft but may do so for larger withdrawals or if you happen to be on its VIP member list. If you have the ability to wait for a longer period to get your hands on your winnings, which can be a week or more, this is one of the safe options.
Waiting for withdrawals to be processed is what every online casino player must endure. However, reputed Canadian online casinos listed here at Casino Listings offer some of the speediest withdrawals. The wait time or ‘pending’ period begins once a withdrawal request has been made. Once it is approved and processed by the casino, the length of time it takes to have the money reflect in your banking account depends on the payment method use. Some withdrawals especially those by eWallets are processed instantly while some take significantly longer.
eWallets like PayPal, Neteller and Skrill are among the quickest methods to cash out and once the casino approves of your withdrawal request it the funds can be in your account in moments.
On the other hand, withdrawals via credit cards can take from 1 to 7 business days, depending on your bank. Withdrawals via InstaDebit are also instant so you may want to consider this option for speedy payouts. Please note that the first withdrawal usually takes longer since you will have to verify your account with supporting documents for identification purposes.
With Casino Listings at your beck and call you don’t have to go searching for the best Canadian online casinos that offer speedy payouts. We have them all listed here. Just make sure to choose a banking method in tune with your style. Many withdrawal methods have a limit per transaction so you would want to check with the casino’s support staff before choosing one. Every Canadian-friendly casino that we list has been tested to make sure they are safe, secure and are reasonably quick. If you haven’t opened an account yet or have been looking for the best withdrawal option, your wait is over. It takes just a few minutes to get going so click on the links to get started.