- Fastest Paying Casinos UK September 2021
- Instant Withdrawal Casinos
- Quick Withdrawal Casinos: Choosing The Fastest Payment Method
- Fast Paying Casinos UK - Rules & Limits
- KYC: What Documents Will You Need To Verify Your Account?
- Maximum & Minimum Withdrawal Limits
- Benefits Of Past Paying Casino Sites
- How To Make A Fast Withdrawal
- Fast Paying Slots
- Fast Payout Casino FAQ's
Fastest Paying Casinos UK September 2021
Below are our hand-chosen online casinos that are well known for their fast payout speeds and general good standing within the iGaming industry. We've made it easy for you to compare each casino with handy quick facts and user ratings, however, if you want to find out more information about any site we recommend, then just hit the ‘read’ review tab below the listing to find out more information. Make sure you also keep reading to ensure you take the right steps to get your withdrawals from casinos as soon as possible. We've listed our tips, hints and recommendations below so that you don't experience any holdups when it comes to cashing out your winnings.
Instant Withdrawal Casinos
To ensure that you are on the right track for fast payouts from a gambling site you’re playing at, you can help the process along by ensuring you use a payment method that is known to process your money quicker. After all, it’s not all in the casino’s hands:
Above all, the fastest payments aside, the payment method that you choose should be one that you are conformable with and one that is the most convenient for you. If it doesn’t work for you, then the small amount of time difference may not be worth the headache of a payment method that isn’t as compatible as another one you prefer.
Many online gambling sites have to comply with anti-money laundering regulations not only to ensure an ethical business practice but to also comply with their license obligations. Often, casinos and betting sites have to return the withdrawal to you, via the same payment method that you used to deposit. Just keep this in mind if you win a large amount – it will be processed back to the original deposit method used. In some cases, it’s not possible, however, so if this happens, an alternative method will be provided.
Many casinos are obliged to have a 24-hour pending window before any cashout is released. It’s a common time frame that casinos use so they have enough time to make checks about your payment. Checks include if you have cleared any associated wagering requirements you may have incurred by using a casino bonus for example. Other checks include if you have given all if the correct KYC (know your customer) information too. The casino needs to guarantee that everything checks out at this stage. This again is part of their gambling license obligations to ensure that no money laundering is done on their watch. This is why often, gambling sites need that 24 hour buffer period.
Quick Withdrawal Casinos: Choosing The Fastest Payment Method
Once you know that it’s standard practice to have a 24 pending window, the next steps of how fast you can get with withdrawal depend on the payment method you’re using. There has been a dramatic rise in the number of people searching for “quick paying casinos” and online gamblers are becoming savvier when it comes to their payment options. Whilst no reputable gambling site will keep you waiting for an age for payments generally, you can help speed up your withdrawal by choosing a fast payment method.
If you check below, you will see a fast casino payments list that we have compiled so that you know the average time each casino payment method takes. These are considered the most popular and fastest payout casino options so you can easily compare how long it takes for players to receive their winnings from a casino or gambling site in the United Kingdom:
- Bank Wire Transfers: 2-7 business days (depending on your bank)
- Debit cards (+ Credit Cards Out Side of The UK) 24hrs -48 Hours
- PayPal: Instant
- Skrill: Instant
- Neteller: Instant
- Paysafecard: Instant
- Trustly: Instant
- EcoPayz: Instant
As you can see, if you opt for an eWallet solution such as PayPal, Neteller or Skrill, you will get your withdrawal quicker than a traditional method like debit cards and bank wire transfers. But, as we said before – always choose a payment method that suits you the best and one which will work out effectively.
Fast Paying Casinos UK - Rules & Limits
As mentioned, any casino will have to ensure it complies with anti-money laundering (AML) obligations but, there are a couple of other things you should keep in mind when choosing the fastest paying online casino. After you select a payment method that facilitates fast withdrawals, you should read all terms and conditions which are provided on the casino’s website. For example, if you opt to use Skrill or Neteller, these payment methods are infamous for not being allowed to be used in conjunction with a casino bonus.
To explain fully, if you use Skrill and claim a casino welcome bonus and that payment method is excluded in the terms, any games you play will not count towards the bonuses wagering requirements, and therefore, you aren’t getting any closer to cashing out anything. Make sure you understand any associated limits for withdrawals and deposits. Any payment method will incur maximum and minimum amounts which are important to keep in mind, should you land any big wins.
Get savvy about a casino’s policies concerning AML and KYC (Know Your Customer). To help speed things up, make sure you send in your KYC documents to the casino in preparation for a withdrawal. It’s often only required once. In extreme cases, some larger casinos have been known to ask for SOW (source of wealth) documents for larger deposits, but these are rarer.
KYC: What Documents Will You Need To Verify Your Account?
In the UK, it’s the law and a regulatory required governed by the UK Gambling Commission, that a casino must ‘KYC’ (otherwise known as “Know Your Customer”) your account within a set amount of time to fully verify that:
- You are who you say you are
- You’re the legal age to gamble online
- Ensure that you are not enrolled in Gamstop
- To make sure that you have not played and charged back your deposit via your bank/ any other fraud payment queries that may have arisen.
If you do not provide your KYC documents then your account will be closed. Documents that are asked of you will vary from casino to casino. The documents requested will also depend on the size of your withdrawal, the method that you used, plus other risk assessment factors that the compliance department may need to see to ensure everything is hunky-dory. Common documents that are requested are as follows:
- Copy of your ID (like a passport or government-issued identity card)
- Copy of your Driver’s License
- Copy of the front of the debit card (if used one to deposit)
- Copy of a Utility Bill to verify your address, which can not be older than 3 months.
- Bank statement proving your bank details used in the cashout (if applicable)
- A signed deposit confirmation form
In some cases, online casinos may employ an external KYC company to help verify customer accounts, which may include you logging into a secure platform to get your picture taken with your passport and things like that. This is to ensure that no doctored (photoshopped) ID documents can be used. These are only used in more extreme cases where the withdrawal is much higher in value. With that said, often, verification measures are usually more stringent over £1,000.
Maximum & Minimum Withdrawal Limits
There are maximum and minimum deposit and withdrawal amounts at most online casinos and gambling sites. Generally speaking, the minimum withdrawal amount is low, often starting at £10, though some offer £5. If you intend to claim a casino bonus, it’s wise to check if there’s a minimum deposit amount as often, a £20 or more deposit is needed (by accepted payment methods) this is why it’s always advisable to read a bonuses terms and conditions.
Maximum withdrawals are normally capped around £150,000 – £200,000 per 24hr period, though again – it’s wise to check the finer terms at the casino you intend to play at as these also vary from casino to casino, and some may be much lower. What’s more, there’s also usually a cap on the number of withdrawals you can request within 24 hours to about 5. This is to ensure that there’s a cap on the fees associated if the casino is picking up the tab. It costs the casino to move your money around, so this is one way to stop players from making a large number of transactions which sometimes aren’t necessary.
Touching more on that, depending on the method used to make the fast casino payout, some fees may apply, particularly when it comes to bank wire transfers. With a bank wire transfer, you may see a fee of around £10 for transactions below £500. This is because banks will usually charge the quick withdrawal casino hefty fees which often they will pass on, especially if you are making several within 24 hours. Some fast withdrawal casinos may even give you one free withdrawal within 24 hours, so look out for those in our top list of fast paying casinos above.
Benefits Of Past Paying Casino Sites
Most benefits of quick paying online casinos are obvious. If you’ve had a nice win on your favourite slot or casino game, it’s natural to want to receive that money in your possession in the quickest amount of time, isn’t it? The benefit of casinos that pay out fast is getting money quickly.
It’s never good to be impatient, but when it comes to fast casino withdrawals, we may toe the line with this and say it’s completely normal to want to get your hands on your win ASAP! We suggest that you opt for a casino with fast payouts if:
- You want the money you won ASAP
- You want to cash out your winnings before you are tempted to spend them gambling in the casino/slots site, though in the UK there are measures in place to stop this
- You can use your money at other new casino sites for bigger bonuses!
How To Make A Fast Withdrawal
It might sound obvious, but to avoid any doubt, follow the steps below to ensure you get your payout swiftly. We all know how frustrating it is to wait for your winnings; the tips below highlight the best way to get your cash out the quickest:
Request Your Withdrawal
If you’ve just landed a nice juicy win and you want to cash those funds out, then head on over to the cashier/ banking part of your casino account. Click on the ‘withdrawal’ tab and select the payment method and the amount you wish to withdraw. Remember it (often) needs to be the same method that you used to deposit. You will have options in front of you as well as instructions to follow. For fast withdrawals, make sure you have chosen one of the fast payment methods we listed above i.e make sure you use a fast method to deposit in the first place.
Wait For The Casino To Process The Withdrawal
At this stage, everything is in the casino’s hands but there are some things you can do to avoid any holdups. The casino team will carry out all of the AML checks that the UK law requires from them. The payment company will also need to run their security checks too.
If you have verified your account and all documents are in order (you will need to KYC at a casino one time usually) then this will not take too much time to carry out, which is why we suggest that you’re on top of things when it comes to KYC procedures and anything that the casino may ask of you.
Receive Your Winnings
Once the quick paying casino releases your funds, you’ll receive them on your designated payment method, like your bank account or eWallet like your Paypal balance. If you used a payment method with instant transfers such as e-wallets, then your money will be added almost instantly. What’s more, most instant casino payment methods also offer debit card solutions like a prepaid Mastercard which you can immediately use to do online shopping or withdraw cash via.
If you didn’t opt for an instant withdrawal method, like Bankwire transfers, then your cashout will take a touch longer, however, if you opt to play at our recommended fast paying casinos above – then they won’t keep you waiting longer than they have to, as they’ve been handpicked by us for being fair, legit and superior online casinos.
Fast Paying Slots
When you play at quick withdrawal casinos, then you’ll be able to withdraw your winnings from slots games in ultra-fast time too. Simply head to a fast paying casino, like those we have listed above, load your favourite slot games (and hopefully land some wins) then cash out via a quick method back to your balance. It’s that simple!
Just like other casino games, winnings that are won playing online slots will be added to the same balance in your casino account, so you’ll get fast casino payouts no matter which games the wins are coming from. As a tip, for added safety, you can play at UK PayPal slot sites and use the world’s safest and secure e-wallet (which also happens to be a super-fast paying casino method too).
Fast Payout Casino FAQ's
Do you still have a few questions about how to get the quickest payouts at online casinos? Below, we have summarised the most frequently asked questions about this topic. Once you get savvy to the whole process, you won’t have any issue finding a casino that pays out fast. Remember, you’re always welcome to contact us if you need help with understanding this topic, or any other feedback when it comes to playing at online casino sites.
What are The Fast Payout Methods in Casinos?
In a nutshell, the fastest methods used to withdraw money at UK gambling sites are eWallets such as Skrill, Neteller, EcoPayz or Trustly. The most popular fast paying eWallet is PayPal however. These Paypal slots are recommended if you’re looking for the best casino that accepts PayPal for easy deposit and withdrawals.