Ultra Casino Review - Withdrawals

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Withdrawals

Withdrawals

Making a withdrawal of winnings at Ultra Casino is a simple process. The casino offers different withdrawal options so players can find the one that suits them the best. However, not all payment options are available in all countries. So the best thing that players need to do is to head to the Cashier and see all the available options listed.

Players need to remember that they can make a withdrawal of winnings using the same payment method they used to deposit in the first place. To make a withdrawal, all players have to do is to head to the Cashier once they log into their account. From there, they can choose the Withdrawal section and click on the payment method they want to use, and enter the amount of money they want to withdraw.

Players need to familiarize themselves with all the payment options that are available so they can choose which one is the best for them.

Credit cards are used by most players for both deposits and withdrawals, mostly because they are easy to use and generally safe and reliable. Players can use the same card to withdraw as the one they used to deposit. Anyhow, some casinos don’t allow withdrawals to a MasterCard, even though it is possible to deposit with this payment option. In this case, they can use an alternative method for withdrawals like Bank Transfer or wire transfer.

e-Wallets are the most popular payment option when it comes to making a withdrawal of winnings from an online casino. This is a reliable and safe payment method that offers instant withdrawals. Some of the most popular e-Wallets include Neteller, Skrill, PayPal, MuchBetter, and ecoPayz, just to name some.

Wire Transfer is another reliable payment option that players can use to make a withdrawal of their winnings. Anyhow, the biggest downfall when it comes to wire transfer is that the processing time is much longer compared to some other payment methods.

Cryptocurrencies are slowly but surely becoming one of the most trusted payment options. Players can use different cryptocurrencies to make a withdrawal of their winnings.

Withdrawal Time

When a player requests a withdrawal, the casino will process the withdrawal request as soon as possible and this will not take longer than 48 hours. Anyhow, several factors will determine how long it will take before the player's funds will be credited to their payment method.

Once the withdrawal has been released, it mainly depends on the payment method and how long it will take for the funds to land in the player's bank account. E-Wallets and cryptocurrencies offer instant withdrawals, while for other payment methods it may take up to a couple of business days.

Ultra Casino has a policy that players must withdraw their winnings back via the same payment method that they used to deposit. This way the casino knows that the same person will get the money. At the same time, this makes it easy to prevent money laundering or any other illegal money transfers.

Withdrawal Fees

Most casinos don’t charge a fee for processing withdrawals, which is the case with Ultra Casino as well. Anyhow, players might be forced to use the same payment method for a withdrawal as the one they used to make a deposit.

Players are advised to check the casino site for potential fees before depositing to avoid any surprises.

Withdrawal Limits

Ultra Casino has daily, weekly, and monthly withdrawal limits. Low rollers will not find these limits to be any obstacle in their gaming experience, while high rollers may hit the roof very fast and get their funds stuck at the casino. For that reason, we suggest players check the minimum and maximum withdrawal limits each payment method allows. Players can find all the necessary information next to each payment method when they head to the Cashier and click on the Withdrawal section.

KYC Procedure

Players need to verify their identity before they would be able to make a withdrawal of their winnings. Ultra Casino is required by law to verify its players at some point, and this is mainly done before a player can request a withdrawal. The casino needs to know who their customers are, and that they are not using someone else’s identity. The verification procedure is also done to trace underage gambling and prevent money laundering.

For that reason, players need to send copies of legal documents to verify their identity, address, and payment method. This is also known as KYC, or Know your Customer.

Players can send one of the following documents to complete their verification:

  • Passport or ID – to prove their identity, players can send a copy of their passport, ID, or driver's license. Players need to send valid documents.
  • Proof of address – to prove their address, players can send an official document such as a copy of a recent bank statement or a utility bill. The document shouldn’t be older than 3 months.
  • Proof of payment method – in some cases players will have to submit a document and prove that they are the lawful owner of the payment method they use.

Withdrawal Bonus

When playing with bonus funds, players need to meet the wagering requirements before they can request a withdrawal. At times, this may seem a bit overwhelming but as long as the player follows the terms and conditions of the bonus they can clear it in no time.

Wagering requirements are also known as play through or rollover and this is the number of times players need to play through the amount of bonus. The wagering requirements for each bonus are different, so we advise players to go over the terms and conditions of each bonus before they even accept it.

When playing with bonus funds, it is very important to play the allowed games. Some bonuses allow bettors to play slots, while others are for live casino games.