Betway Minimum Withdrawal in South Africa [2022]

Betway ZA mobile screeshot

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 Minimum Withdrawal

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.

Payment MethodDeposit MinimumDeposit MaximumTime for Deposit
Visa LogoVisaZAR 10ZAR 1 000 000Instant
MasterCard LogoMasterCardZAR 10ZAR 1 000 000Instant
Ozow LogoOzowZAR 10ZAR 1 000 000Instant
1VOUCHER Logo1VOUCHERZAR 5ZAR 1500Instant
OTT Vouchers LogoOTT VouchersZAR 10ZAR 5000Instant
Kazang LogoKazangZAR 5ZAR 1000Instant
EasyLoad LogoEasyLoadZAR 5ZAR 1000Instant
Blu Voucher LogoBlu VoucherZAR 2ZAR 1000Instant
SID LogoSIDZAR 10ZAR 1 000 000Instant
MTN LogoMTNZAR 1ZAR 3500Instant
Shoprite LogoShopriteZAR 20ZAR 3000Instant
First Bank LogoFirst BankZAR 50ZAR 1 000 0001-3 days
Absa Bank LogoAbsa BankZAR 50ZAR 1 000 0001-3 days
Nedbank LogoNedbankZAR 50ZAR 1 000 0001-3 days
USSD LogoUSSDZAR 5ZAR 5000Instant
EasyEFT LogoEasyEFTZAR 10ZAR 1 000 000Instant
FNB eWallet LogoFNB eWalletZAR 50ZAR 1 000 000Instant
Payment MethodWithdrawal MinimumWithdrawal MaximumTime for Withdrawal
Visa LogoVisaN/AN/AN/A
MasterCard LogoMasterCardN/AN/AN/A
Ozow LogoOzowN/AN/AN/A
1VOUCHER Logo1VOUCHERZAR 300ZAR 25 0003-5 days
OTT Vouchers LogoOTT VouchersN/AN/AN/A
Kazang LogoKazangN/AN/AN/A
EasyLoad LogoEasyLoadN/AN/AN/A
Blu Voucher LogoBlu VoucherN/AN/AN/A
SID LogoSIDN/AN/AN/A
MTN LogoMTNN/AN/AN/A
Shoprite LogoShopriteN/AN/AN/A
First Bank LogoFirst BankZAR 300ZAR 25 0003-5 days
Absa Bank LogoAbsa BankZAR 300ZAR 30003-5 days
Nedbank LogoNedbankZAR 300ZAR 25 0003-5 days
USSD LogoUSSDN/AN/AN/A
EasyEFT LogoEasyEFTZAR 50ZAR 1 000 0001-2 Days
FNB eWallet LogoFNB eWalletZAR 300ZAR 25 000Instant

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 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.


FAQs

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.

Expert Faith Jackson
Faith Jackson
A sports fanatic and strategic wordsmith, Faith has been writing sports and gaming content for over 5+ years. Whether she is watching it, debating it, or writing it, it's safe to assume sport consumes the majority of her life - she is the ultimate student of sports, religiously following most professional league matches, with her preferences being the Premier League or FA Cup.