BetWay is one of the bookmakers that operate in South Africa, and over time, reliable payment methods have made it a choice for many punters.
Since players will always look at the payment methods, the limits, and processing times for every payment method, Betway South Africa has ensured to give its punters the best. This post focuses on the BetWay payment methods, limits, and processing timelines.
Betway South Africa: Withdrawal Limits
When playing at Betway South Africa, you must withdraw your payouts after a win. Therefore, you need to know the BetWay minimum withdrawal in South Africa you can withdraw. From our review, the two limits do not differ in any way. Whether you are withdrawing through the bank transfer methods or the eWallets, the limits remain 50ZAR and 1,000,000 ZAR for the minimum and the maximum amounts.
Although not much, these limits usually differ from those in other countries, mainly on the BetWay maximum withdrawal in South Africa.
Time, fees, and withdrawal options in Betway South Africa
It is known that many bookmakers’ payment methods charge a transaction fee or some sort of tax. However, BetWay South Africa is different. When playing at the platform, you will not be charged any extra fees when withdrawing. Therefore, everything is free, and you get the amount you withdraw from your account.
On the time taken to process a transaction, you might be required to have some patience as the process may take a maximum of 5 days. Mostly, this is due to the verification processes involved in your account. The bookmaker must ensure you have provided the correct data before releasing the funds.
When playing at BetWay South Africa, there are several methods of payment that you can use. Some of these include EFT bank transfers of ABSA, FNB, Nedbank, and 1ForYou Voucher.
Betway South Africa: Withdrawal Rules
Several rules surround the withdrawal of money from your Betway South Africa account. Some of these include the following:
- You can only withdraw through the same account you used when depositing. Note that you cannot use a new bank account to withdraw.
- You must enter all correct details when requesting a withdrawal.
- The bank account holder’s name must be the same as the name in your betting account.
- Finally, you must first verify your account before any withdrawal.
Problems With Withdrawals from Betway
Now that we have learned Betway maximum withdrawal in South Africa, we must know that the process is not always smooth. There are problems that you might come across, and these include the following:
👉 Unverified account – You must verify your account by submitting all your Betway FICA documents. Some of these include an identity card, passport, driver’s license, and others that can replace these.
👉 Passed account processing time – You must ensure you withdraw your money within the given timelines. Otherwise, the request will go through a reversal.
👉 Withdrawing without completing wagering – Before withdrawing from your account, you must meet the bonus wagering requirements.
What is the minimum bet amount in Betвay in South Africa?
Betвay minimum withdrawal South Africa amount is R50.
How do I withdraw from Betвay South Africa?
To withdraw from Betвay South Africa, go to your account and request to withdraw before entering the amount and hitting the withdrawal button.
Do I have to verify my account to withdraw winnings from Betway?
Yes. Players who wish to withdraw their funds from Betway need to verify their accounts first.