The Fastest Payout Casinos in South Africa
Looking for the fastest withdrawal casinos in South Africa? Look no further! Casinos.co.za is the only resource you’ll need to find fast payout casinos. With decades of combined casino experience, our team of experts at Casinos.co.za wrote this complete guide including the quickest withdrawal online casinos and everything there is to know about fast and safe online gambling in 2020.
Recommended Fast Payout Casinos for South African Players in 2020
1st Deposit Bonus
R1,500 + 300 Free Spins
- Bonus Wheel and daily cashback
- Bitcoin deposits and withdrawals
- Easy and secure payments
What Is Considered Fast Withdrawal Speed In 2020?
Casinos rarely provide instant withdrawals, especially in the case of new players. But there are still same day withdrawal online casinos that allow you to cash out if you choose the right payment method and submit your request and documentation very fast. These instant payouts will usually be done with e-wallets like Paypal, or in some cases, cryptocurrencies.
With more conventional banking methods like bank or wire transfer, withdrawals can usually take anywhere between 7 to 10 days. Some people feel that this is just way too long but if you do it with one of the fast payout casinos it can still be quicker.
As a player that is just signing up at one of our recommended fast withdrawal casino sites, you’ll need to bear in mind a few things that people often forget at the start. Even at the quickest withdrawal online casinos there may be slight delays when cashing out for the first time because of the initial KYC (Know Your Customer) verification checks. Your first withdrawal could take between 24 to 48 hours, but subsequent cashouts are usually faster and require less hassle and paperwork.
What Affects the Speed of Withdrawals?
Cashing out from an online casino can take anything between a few hours to days or even weeks. Let’s take a look at the key factors that affect payout speed:
Withdrawal Method Chosen
All the casinos we review and recommend on our site offer a variety of safe and trusted banking methods you can use to make your withdrawal. But even at the fastest withdrawal casinos payout times differ between methods. While e-wallets such as NETELLER and Skrill can offer nearly instantaneous withdrawals, bank and wire transfers can take up to 5 business days. This is dependent on the payment service provider.
In addition to the processing times of the banking methods, the casino’s own payment processing also affects the speed of your withdrawal. Fast payout casinos select the quickest payment processing companies and will usually employ several payment processors for the fastest service across different withdrawal methods.
Casino Withdrawal Policies and Support
The casinos themselves follow their own internal rules and policies that will dictate how fast and efficient their withdrawal process is. The quickest withdrawal online casinos give the payout process their highest priority, while other casinos just treat it as part of their regular customer service queue.
Withdrawal Holding Period
The withdrawal holding period is time the casino takes to verify your identity and eligibility for cashing out before it starts processing your request. Make sure you’re submitting the required identity verification documents as this would otherwise slow down the process. Typical holding periods for South African casinos range between 48 to 72 hours. But some fast withdrawal casinos will start processing your withdrawal within 24 hours or less.
Casinos impose limits on the amount you can cash out at once as well as how many withdrawals you can make over a given time period. Therefore it is important to check these limits when choosing a casino as they can affect your payout times. These can be found in the casino’s T&Cs, which usually has a link in the site’s footer. An easier option could be contacting customer support for help.
The Fastest Withdrawal Options Available
Even if you use a fast withdrawal casino, your cashout times will vary between the banking methods you use to make withdrawals. So if you are looking for a quick payout, it’s better if you stick to some of the fastest withdrawal options:
Skrill is an e-wallet that is considered one of the most popular and reliable payment methods for online casinos in South Africa. Once set up you can fund your Skrill account in different ways, with the most popular being a direct link to your bank account or credit/debit card.
Neteller is one of the world’s most trusted e-wallets that is commonly used by South African players at fast payout casinos. Similar to Skrill, it is free to set up and very easy to use. Neteller allows you to top up your account so you can easily send and receive money to and from the online casino.
The use of Bitcoin and other cryptocurrencies is now gaining traction in many of South Africa’s quickest withdrawal casinos. Naturally, due to the online nature of cryptocurrencies and no external banks being involved, it is considered one of the fastest withdrawal methods
The following is a summary of information relating to each withdrawal option. Keep in mind however that these are typical figures that may vary between casinos.
|Payment Type||Processing Times||Fees|
|Skrill||48 to 72 hours||No withdrawal fees Possible fees when transferring money from Skrill to a bank account.|
|Neteller||48 to 72 hours||No withdrawal fees Topping the Neteller account may involve fees.|
|SID||2 to 7 days||No withdrawal fees Subject to bank transaction costs.|
|Cryptocurrencies||1 to 3 days||No withdrawal fees Subject to cryptocurrency exchange rates.|
Slow Withdrawal Options to Avoid
Nearly all online casinos offer traditional banking methods as standard. However if you are looking for a fast payout you should probably avoid these options:
Although safe and familiar, a bank transfer isn’t considered one of the fastest ways to withdraw from an online casino. This is because it depends on the bank working hours and processing times which can be restricted.
Similar to a bank transfer, a wire transfer is outside the control of the casino once the funds have been sent. So no online casino can guarantee a quick payout in this case as it depends on the wire transfer company.
A check is considered the slowest of all withdrawal methods as it will depend on the casino filling and signing the check, the mail services delivering it to your house, and that’s even before considering the time it will take you to go to your bank and deposit the check and wait until it clears.
Following are details of some of the slower withdrawal options. As each method depends on third parties that are outside of the casinos’ control, these figures are based on our own withdrawal experiences and may vary:
|Payment Type||Processing Times||Fees|
|Bank Transfer||3 to 7 days||No withdrawal fees Subject to bank transaction fees.|
|Wire Transfer||3 to 10 days||No withdrawal fees Subject to wire transaction fees.|
|Check||5 to 21 days||No withdrawal fees Subject to bank clearance fees.|
How We Find the Fastest Withdrawal Casinos
Our team of casino experts scour the terms and conditions of all top South African online casinos to understand the small print of every casino’s withdrawal policy. We then go on to deposit, wager and make our own withdrawals while measuring and timing every step of the process. We then recommend to you only the fastest withdrawal casinos in South Africa.
Although the speed of payouts is a really important aspect that is often overlooked, remember that casinos aren’t just about fast withdrawals. When choosing your next fast withdrawal casino, you should consider all sorts of things.
When our experts review and recommend online casinos, we ensure that in addition to getting your money out quickly, you’ll also get a variety of games, online and mobile banking options, free spins, low wagering requirements and everything in between.
Here are additional things we look at when we rate and review the quickest withdrawal online casinos to add to our recommended list:
Top Security Measures
Whether you are playing in a slow or fast payout casino, is important being comfortable when depositing and withdrawing real money. Therefore we always look closely at the casino’s site encryption, data protection policies, security certificates and all other aspects that assure you are only playing in the safest and most secure casino environment.
Range of Banking Methods
For some players the speed of cashing out isn’t the most important thing and they are looking for banking methods that although not as quick, are trusted and familiar. The good news is that fast withdrawal casinos offer a wide variety of trusted methods like VISA and MasterCard debit and credit cards, e-Wallets like Neteller and Skrill, prepaid options like EasyEFT, SID or ecoPayz and even cryptocurrency options like Bitcoin and Ethereum. As you’ll notice when you browse our list of our list of the quickest withdrawal online casinos, Paypal is becoming an increasingly popular option with SA gambling sites too.
A Consistent Reputation
Just because fast withdrawal casinos say that they will process your funds and send the money to your account quickly, it doesn’t necessarily mean that it’s true. We rigorously test withdrawal speeds for ourselves with our own real money to make sure that the claims are substantiated. Not only that, but we check with real players whether or not the experiences match our own to ensure there is no foul play.
No Exorbitant Withdrawal Fees
In this day and age, fees for withdrawals are not things that you should have to shoulder on your own. Some online casinos add their own exorbitantly high fees to process payments and we’re here to tell you that this shouldn’t be the standard. You shouldn’t have to pay anything – except for, perhaps, a very small and reasonable nominal fee on top of your withdrawals. Bear in mind that even in fast payout casinos, this will be an additional amount on top of banking fees which are a different thing altogether.
Generous Withdrawal Limits
We only recommend fast withdrawal casinos with generous withdrawal limits. When you win big at a fantastic progressive jackpot and feel the joy of having this massive influx of real money in your account, you’d be pretty upset if you’re only able to withdraw a fraction of it. We don’t only compare which online casino pays the quickest, we also look at the withdrawal limits to make sure you will be able to get the full amount.
Banking From Desktop and Mobile
No matter if you are using a desktop or mobile device, our recommended fast payout casinos will allow you to bank in every situation. If you happen to be playing from the latest Apple iPhone or an older Android-based device, you’ll be subjected to the same fees, limits and options that a player playing from his desktop would.
Transparent Banking Information
The fastest paying casinos will have a dedicated banking section to show you the ins and outs of the online banking methods available on their site. You’ll also want a dedicated customer support service that lets you speak to someone instantly should you have any questions regarding your withdrawals. Our experts concluded that the more effort a casino invests in making its banking information clear and visible, the higher priority of deposits and withdrawals are.
How Do You Cash Out From an Online Casino?
Making a withdrawal from one of our recommended fast withdrawal casinos is quick and easy. Simply follow the steps below and you will be on your way to cashing out your winnings in no time:
Log into your casino account and go to the secure cashier pages.
Select the “Withdraw” option.
Select your method of choice from the list of available banking methods.
In some instances, you will now be required to enter your payment provider account details and log into their portal.
Enter any additional information required (such as card details) and withdrawal amount.
View and accept the withdrawal terms and conditions.
Submit your withdrawal request.
Provide any additional documentation if required.
Documents Needed for Casino Withdrawals
Online casinos in South Africa are required by law to go through a customer verification process before approving a withdrawal request and paying out winnings. The following documents will need to be provided:
A government-issued photo identification such as a passport, driver licence or other. Some casinos will require two forms of a valid ID.
Proof of Residential Address
Proof of address which is usually a utility bill or any other document that proves your residence, usually within the last three months.
Proof of Payment Account
Proof of registration and ownership of the payment-method account used for withdrawal. This can be a bank statement, credit/debit card statement and card copy, e-Wallet account page screen shot, etc.
The payout request will remain pending until you provide the said documents. While some casinos have a standard 1-3 day holding period, fast payout casinos will often start processing the withdrawal as soon as they receive the documents. So, the sooner you submit them, the better.
Will it Cost You More to Get a Faster Payout?
A fast payout from online casinos doesn’t involve any higher costs. There may be a difference in ZAR casino withdrawal fees and payout times, but that depends on the banking method used so faster payouts should not cost you anything extra.
Are There Fast Withdrawal Slots?
Fast withdrawal casinos put their highest priority and resources into processing fast payouts to players regardless of the type of slot, or any other games you play on their site. If you choose one of our recommended fast payout casinos you will enjoy a quick cashout while playing slots, or any other game!
Don’t leave your hard-earned money pending in a casino account. Check out our recommended fast payout casino to play at, and receive your winnings as fast as possible!
- Great game selection
- Top South African Casino
- Welcome bonus