The processing times for deposits and withdrawals can vary for several reasons, and it is common for withdrawals to take longer than deposits. Here are some factors that may contribute to the difference in processing times:
Payment Method: Different payment methods have varying processing times. Deposits made through instant payment methods, like Monnify or credit/debit cards, are usually credited to your account immediately. However, withdrawals may take longer, as they often involve additional security checks and verification processes.
Verification Process: Before processing a withdrawal, Betano may need to verify your identity and account details for security purposes. This verification process is a standard procedure to ensure the safety of your funds and prevent fraud. While deposits may not require extensive verification, withdrawals typically do, which can lead to longer processing times.
Withdrawal Requests: Betano may receive a higher volume of withdrawal requests compared to deposits, especially during peak times or after significant events. This can lead to some delays in processing withdrawals as the platform handles the requests in the order they are received.
Financial Institutions: The speed of withdrawals can also be influenced by the financial institutions involved. Once the betting operator approves the withdrawal, it may take some time for the funds to be processed and transferred by your bank or payment provider.
Time Zones and Working Days: Processing times can also be affected by time zones and working days. Withdrawals requested outside of regular business hours or on weekends and on holidays may experience delays, as banks and payment providers may not process transactions during these times.
To minimize any delays in withdrawals, it is essential to ensure that your account is fully verified and that you have met any applicable wagering requirements or bonus conditions. Additionally, you can reach out to our customer support if you have specific concerns about the processing time of your withdrawal.
Please also check the articles "Expected Completion Time for Deposits", and "Withdrawal Processing Times".