Nothing beats the feeling of finally reaping your rewards after a bet comes off. Withdrawing funds can be nerve-racking, especially if you don’t know when to expect them. In this article, we’ll go through the Unibet withdraw times for each payment method. Read on to find out all you need to know.
Unibet Withdrawal Options & Time Scales
Deposit
Withdrawals
Method
Min
Max
Processing Time
Fee
£5
£10,000
Instant
None
£5
£10,000
Instant
None
£5
£10,000
Instant
None
£5
£10,000
Instant
None
£5
£750
Instant
3%
None
None
Instant
None
Method
Min
Max
Processing Time
Fee
£15
£50,000
Few minutes to 1 working day
None
£15
£50,000
Few minutes to 1 working day
None
£10
£10,000
Up to 12 hours
None
£10
£10,000
Up to 12 hours
None
£5
Up to 3 working days
None
£5
£50,000
Up to 24 hours
None
£10
£10,000
A few hours
None
£10
£100,000
Few minutes to 1 working day
None
Unibet offer seven different payment methods and are renowned for speedy withdrawals and no withdrawal fees whatsoever. While this variety should cover most punters’ needs, there are a couple of glaring omissions, such as cryptocurrencies.
Before we take a closer look at each available option, there are a few important points which are common for every withdrawal method.
When you come to make your withdrawal, you must use the same method with which you made your deposit.The method you use to withdraw must be registered in your name. This also applies to deposits.If you still haven’t received your funds within the time frames stated above, make sure to contact Unibet’s customer service.
These are some common practices that all legitimate bookmakers have put in place in order to prevent money laundering and protect their customers.
Visa Withdrawals
Visa cards are possibly the most common method for deposits and withdrawals. Of course, only debit cards are allowed, as credit cards are banned from use for online gambling in the UK.
One of the highlights of using Visa are the quick Unibet withdrawal times of anywhere from a few minutes up to one whole working day, coupled with a high, £50,000 limit. Other than that, the £15 minimum is relatively high compared to the other methods.
Mastercard Withdrawals
Similarly to Visa, Mastercard betting is also fairly common amongst punters and offers identical features, including the £15 minimum withdrawal limit, the same withdrawal time of a few minutes up to one working day, and no fees whatsoever.
Direct Banking
If you’re looking to transfer large sums, direct banking could be the best option for you. The main benefit is in fact the £100,000 withdrawal limit, complimented by the low £10 minimum.
You can even request higher amounts, but they’ll be processed in increments. It’s also faster compared to direct banking with other bookies as it boasts a one-working-day maximum time frame.
Apple Pay
Apple Pay betting is the fastest Unibet withdrawal method available and is an excellent choice if you have an iPhone. The processing time for payouts is literally just up to a few hours. There are no fees involved and the £10 minimum is also favourable.
The biggest drawback is that of course, only Apple users can take advantage of the speed.
Skrill
The first of the e-wallets available to you, Skrill is a top international payment service and an excellent option for withdrawals. The best reasons to try out Skrill are its security and speedy processing time, which is no more than 12 hours. The £10 minimum limit is an added bonus, although the £10,000 maximum which is one of the lowest available.
NETELLER
The second e-wallet available, NETELLER is another well-established brand and offers the same benefits as other e-wallets. Like Skrill, there’s a 12-hour maximum time frame for payouts to be processed. The least you can withdraw is £10, with the most being £10,000. Sadly, one of the biggest e-wallets around – PayPal – isn’t available on Unibet.
Trustly
If you’d prefer to go for a bank transfer, Unibet customers can use Trustly to speed up what is normally a relatively lengthy process. Taking slightly longer than the e-wallets, it will take up to 24 hours to receive your funds from Trustly. There are no fees involved, but there is a withdrawal limit of between £5 and £50,000.
paysafecard
paysafecard is an interesting alternative and is a great method to withdraw securely. It’s a prepaid card, so you can avoid sharing your personal bank card details with bookmakers. paysafecard vouchers are accepted across multiple betting sites, with fee-free payouts one of their most attractive benefits. The main issue is the relatively longer three-day processing time, making it the slowest method on the site.
How To Add a Payment Method on Unibet: A Step-by-Step Guide
Before you can even dream of withdrawing your winnings, you’ll need to place some bets, and to do that, you need to make a deposit.
But how do you add a payment method in the first place? Unibet make it quite simple – let’s go through it below.
Step 1: Access the Deposit Section
Unibet makes this step easy for you, as you can go straight to the deposit section by clicking on the deposit button on the top-right of your screen.
(Source: Unibet)
Alternatively, you can click on the downwards arrow, select ‘Account’, and proceed from there.
Step 2: Select a Payment Method
Once you make it to the deposit section, you’ll be greeted with the page depicted in the below image. All you need to do is select which method you would like to use. Remember, to make a withdrawal using a particular method, you have to use the latter to make a deposit with first.
(Source: Unibet)
Step 3 – Fill in the Details
The last step is to fill in the necessary details required according to the payment method you’ve chosen. Hit ‘Deposit’, and your funds should be added in a couple of seconds.
What is a Closed Loop Policy?
First things first, we’ll explain Unibet’s closed loop policy in more detail. Essentially, this term is referring to what we have already described earlier in this article: punters are only allowed to withdraw funds using the same method that they used to deposit – even if you win more than you originally deposited.
By ensuring that money goes out the same way it came in, online bookmakers can reduce the risk of fraudulent activity on their platform while complying with financial regulations set out by the relevant authorities.
How To Withdraw on Unibet
When the time comes that you’ve obtained some winnings and are ready to withdraw, the first question that comes up is usually how do you go about it? We’re here to help with our step-by-step guide.
Step 1: Access Your Account
Unlike deposits, there’s no way to withdraw from the home screen at Unibet. You’ll need to access your account by clicking on the icon on the top right, select ‘Bank’, choose ‘Withdraw money’, and proceed from there.
Step 2: Choose Your Withdrawal Method
As we mentioned earlier, you can only withdraw using the payment method you used to deposit, so your options will be limited until you add more alternatives. Choose which one you’d like to use, while keeping the various Unibet withdrawal times in mind.
(Source: Unibet)
Step 3 – Confirm Your Withdrawal
Once you’ve chosen your payment method, select how much you want to withdraw, then click ‘Confirm’ to trigger the payout. All you have to do now is sit back and wait until the funds arrive in your account!
Top Security Features at Unibet
When it comes to money, you can never be too careful. Unibet have a number of standard safety measures to make sure that, you, your details, and your funds remain protected. We’ve outlined these features for your reference below.
KYC requirements: The Know Your Customer (KYC) protocol is an integral part of the registration process at Unibet, designed to verify the accuracy of the information you’ve supplied. In Unibet’s case, you’ll need to send a photo of your driver’s licence or passport. You won’t be allowed to do anything else – including making withdrawals – until these documents have been approved.The closed loop system: As we mentioned, you can only withdraw using payments methods which you’ve already used for deposits.Switching payment methods: In Unibet’s case, you cannot have two active payment methods, so if you want to make a switch, you must withdraw all your funds first. For example, if you have £20 deposited by card and want to switch to Skrill, you must first withdraw all £20 to card before depositing with Skrill.Unibet Community: A feature unique to Unibet, the Unibet Community features support or advice from other punters and Unibet themselves. These internal forums could be extremely useful for getting accurate information.Credit card policy: In the UK, it is illegal to deposit or withdraw funds using a credit card. This has been in effect since April 2020 to prevent problematic gambling and protect vulnerable customers from financial harm.
How To Verify Your Account
After registering at Unibet, you’re going to have to verify that the information you filled in during your registration is legitimate. This is fairly straightforward, and while it may vary slightly from bookie to bookie, most do their best to make it a stress-free process.
Unibet’s verification process is relatively simple and only asks you for a valid identification document. They even give you a choice between your driver’s licence or passport. Keep in mind that Unibet may take up to 48 to verify your account. However, we’re happy to report that when we went ahead and tried things out ourselves, we received the below notification confirming our approval sooner than the stated time frame.
(Source: Unibet)
What Could Slow Down Your Unibet Withdrawals?
Many of us feel the need to begin checking to see whether our funds have arrived the second that ‘Withdraw’ button is hit – but have patience! In most cases, your payout will be completed well within the stated time frame of your chosen payment method.
However, there are circumstances when this isn’t the case. Here are a few reasons of why this could happen and how you could avoid them.
Get the Timing Right
Making withdrawals when the site is at its busiest could mean that your request won’t be looked at straight away, which may lead to longer wait times. This is mostly the case during weekends or during major sporting events. Here are a few tips to avoid this:
Make withdrawals early on during the week.Make sure that your payment provider operates on weekdays and holidays.Use online payment methods such as the e-wallets Skrill and NETELLER if necessary.
Check for Any Identification and Processing Issues
Although Unibet’s verification process is supposed to take no longer than 48 hours, delays can sometimes occur. To prevent this from happening, make sure that you stick to the following checklist:
Make sure to fill in all your details correctly while completing the registration form.Inform Unibet of any changes in your personal information as soon as possible (more on this below).Provide any identification documents right away. Make sure that any scans you send are of good quality and that important information is not blurred out.
Update Any Changes in Your Personal Information
Changes to your personal or financial information are inevitable and are part of life. You may have moved to a new address, or a card might expire. If this info is not up to date, you may run into a few issues and delays until you’ve sorted them out. We suggest keeping these tips in mind:
Inform Unibet of any changes to your personal information by sending the necessary documents. If unsure, contact customer service.If possible, provide Unibet with any documents ahead of these changes actually taking place.If you want to change payment methods, add the details to your account in advance.
Plan Large Transactions Carefully
Depending on the types and amounts of bets you place, you may find yourself wanting to withdraw larger sums at one go. However, each payment method offers different limits, and coming close to or reaching that limit could slow down the process from Unibet’s end. Here are ways to combat this:
Select payment methods with high limits.Withdraw funds in increments.Set a higher withdrawal limit for yourself.
ThePuntersPage Final Say
Unibet withdrawal times are some of the fastest around, making it an ideal bookmaker if you prioritise swift access to your winnings!
If you’re thinking about signing up, make sure to keep this page bookmarked so our tips remain close at hand while creating your new account. And, whatever you do, always remember to bet responsibly!
