Casino Withdrawals In Canada: What Are Your Options?

No one likes to wait a long time for money and there is nothing wrong with that. When you play at an online casino, you have the right to enjoy your winnings as soon as possible. Online casinos with fast payouts are winning the hearts of players that value this above all other factors.

Making withdrawals at online casinos is the most exciting and happiest part of your gambling experience, if a you have been lucky in hitting a good win. After all, you bet real money to play and now that you’ve won, you’re entitled to cash it out. In this article, we’ll explain what quick options are available to you when it comes to Canadian casino withdrawals.

Top casino withdrawal options in Canada

Online casinos with fast payouts in Canada are particularly characterized by the fact that payment requests are processed quickly. At the best casinos, this happens within 24 to 48 hours. However, how long a withdrawal takes does not depend on the casino’s processing time. The decisive factor here is the right choice of payment method. Each option will have a different processing time, and the payment limits and fees charged are also often different.

However, you should know that most of the time, the withdrawal will be made through the method you chose for the deposit. Therefore, you should already think about which payment option allows a quick payment of winnings when you make the deposit. The following variants that we will present to you are accepted at most online casinos:

Electronic wallets

Electronic wallets are widely used for withdrawals at Canadian online casinos. The most popular e-wallets include Skrill, Neteller, and PayPal. However, recently Apple Pay casinos have also become very popular. Payments using this method work just like any other online card payment.

Although e-wallets are not the most popular withdrawal options, they are the fastest. If in the case of a bank transfer, you can wait to receive the money for several days, in the case of withdrawals through electronic wallets, the money can be received instantly.

Credit and debit cards

Credit and debit cards are the most common withdrawal and deposit methods at fast-paying casinos. But the speed of this payment method depends on the bank that processes the withdrawal. Credit and debit cards such as Visa are the most popular withdrawal options for players in Canada. Most online casinos accept this withdrawal method. It can be said that withdrawals are almost instant and very safe when using bank cards.

A deposit in this way is credited immediately, but a quick withdrawal of funds is not possible for technical reasons. The difficulty lies in the fact that, according to the law, banking institutions must strictly address the issue of funding sources for customer accounts. The payment term at online casinos for VISA and MasterCard cards is on average up to 3 working days.

Bank transfer

A real classic for casino payments is a bank transfer as it is the oldest payment method. But it is also the safest. It can be said that all or almost all online casinos in Canada use this payment method so that deposits and withdrawals can be made. Using bank transfers for withdrawals is very simple, but it is the slowest of all when it comes to waiting for winnings to be paid, although it is the most reliable.

As a player, you must provide your bank details to which your winnings will then be transferred. However, this payment method usually takes longer than its electronic competitors. For this reason, many players avoid using bank transfers.

Bitcoin

Bitcoin and cryptocurrencies in general are becoming increasingly popular in online casinos. Withdrawals to your BTC wallet are processed instantly and typically have no fees or a maximum fee of only 2%.

This option is not very popular in Canada at the moment, but it will take off. The privacy of the payment option is appreciated, but also the fact that transactions are carried out very quickly, compared to other options such as bank transfers.

Conclusion

Many players are skeptical about online casino payouts. Especially if you haven’t had any personal experience with them yet. However, skepticism is hardly necessary. If you rely on a reliable provider, you can also be sure that your winnings will reach you properly. For casino payouts, providers even offer different payment options to their customers.

Cashing out at an online Canadian casino is a very simple and uncomplicated process. A casino payout works the same for most providers. You need to know that, not all payment methods are always available and payment times can vary greatly.

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