How Long Does a Swift Withdrawal Take?

A Swift withdrawal is usually processed within 1-3 days, which is standard for the best UK online casinos.

However, the online banking option you select will determine how long it takes to process and finish the withdrawal. The longest processing time is for bank transfers, which can take up to five days due to the slow speed of banking. E-wallets will give you much faster withdrawal times and are normally processed instantly.

Keep in mind that these are only estimates; some withdrawals might be processed more rapidly than others and vice versa, depending on how many requests the casino online has.

For more information about what else Swift has to offer you, check out our Swift Casino review. Our experts take a closer look at all their important features, like bonuses, licenses, game selection and more.

Swift Withdrawal Methods

Players can choose from multiple withdrawal options at Swift Casino online. These consist of wire transfers, credit and debit cards, and e-wallets, but also some local payment methods. You can select the most convenient online banking method for you, and Swift will process the withdrawal fast and effectively.

At Swift Casino, you will find these withdrawal methods available:

  • Visa
  • PayPal
  • Trustly
  • Bank Transfer

Remember that the exact list of methods for payment available to you might change depending on your location.

Swift PayPal Processing Time

Learning which online casino accepts PayPal or not is crucial for many UK players. E-wallets are typically the fastest online banking option, as the payment is processed instantly once approved by the online casino website. PayPal is one of the most popular choices and one of several e-wallets accepted at Swift Casino.

When you’ve gone through the one-time identification validation process, you can withdraw your winnings rapidly using PayPal. You may start enjoying your wins almost immediately, as the Swift withdrawal process is very straightforward.

Swift Bank Transfer Processing Time

If you want fast withdrawals, choosing bank transfer as your payment method is the worst choice. It may take up to 5 days for the Swift bank transfer withdrawal option to fully process your request. It’s not because of the online casino’s withdrawal speed but because banks typically place a 48-hour hold on incoming transfers to ensure the funds are there. The money will be placed into your account after the hold is lifted, and you can use it immediately once it arrives in your bank account.

Even though withdrawals at Swift Casino are normally without fees, there is a £10 fee for bank transfers below £500. If you withdraw above this amount, your withdrawal will be free.

How to Withdraw Your Winnings on Swift Casino

You will be able to request a withdrawal at Swift by following the below steps:

  1. Go to the “My Account” page and select “Withdraw”.
  2. Enter the amount you want to withdraw. Ensure you fulfil the minimum withdrawal requirement of £20.
  3. Select your preferred payment method and log in/enter your details.
  4. Confirm and wait for the money to arrive.

Ensure You Meet the Requirements

It’s easy to withdraw your winnings on Swift. However, before you do, ensure you fulfil all the requirements for speedy withdrawals.

The first point to check is to ensure you have concluded the KYC steps. You might be able to withdraw small amounts without doing this, but commonly, it is better to complete your KYC validation straight after you deposit.

Another critical point to check before requesting a withdrawal is the minimum withdrawal amount. The minimum withdrawal at Swift is £20, which is fairly standard compared to other online casinos.

Lastly, you must have fully wagered any casino bonuses before you request a withdrawal. Otherwise, the bonus offer will be forfeited.

Swift ID Verification

As a general rule, you cannot withdraw big winnings unless you have completed the KYC requirements. This is required by all licensed casinos online.

You, as a player, are required to send in the following:

  • Proof of identification, like a copy of your ID card, passport or similar.
  • Proof of residence, like a letter from a bank or an electricity bill.
  • Proof of payment method, like a bank statement or picture of your credit card.

The casino will need a few days to verify your documents, so we recommend you send them in after your first deposit on Swift. Otherwise, it might take 1-3 days extra before your withdrawal is approved.

What Can Cause a Swift Casino Withdrawal Time?

Withdrawal delays at Swift Casino, particularly for UK-based players, can be attributed to several factors that are common across online casinos but are also influenced by specific regulatory and banking practices within the UK. Here are some reasons that might slow down withdrawal requests at Swift Casino for players in the UK:

  1. Verification and KYC Procedures: In compliance with UK Gambling Commission regulations, Swift Casino requires thorough Know Your Customer (KYC) checks. This process involves verifying your identity, age, and source of funds. If you haven’t completed these checks or if there are discrepancies in your submitted documents, your withdrawal can be delayed until verification is complete.
  2. Withdrawal Method: The speed of your withdrawal can also depend on the payment method you’ve chosen. E-wallets like PayPal usually offer faster withdrawals compared to traditional bank transfers or credit/debit cards. Since UK banks may have their own processing times, choosing a bank transfer or a card withdrawal could extend the waiting period.
  3. Bonus Wagering Requirements: If you have accepted a bonus, ensure that all wagering requirements have been met. The UK Gambling Commission enforces strict rules on promotional offers, and failing to comply with these terms can result in withdrawal delays or cancellations.
  4. Anti-Money Laundering Checks: Swift Casino adheres to anti-money laundering (AML) regulations that may require additional checks on large withdrawals or unusual patterns of play. These checks are mandatory and can introduce delays as the casino ensures compliance with UK law.
  5. Bank Holidays and Weekends: Withdrawal requests made just before or during UK bank holidays and weekends may face delays due to banks’ non-working days. Processing times may be extended as a result.
  6. Technical Issues: Although relatively rare, technical glitches, either with Swift Casino’s platform or with the payment providers, can cause temporary delays in processing withdrawals.

To minimize delays, ensure your account is fully verified before making a withdrawal request, choose faster payment methods where possible, and be aware of the terms associated with any bonuses. Being proactive about these aspects can help streamline the withdrawal process at Swift Casino for UK players.

FAQs

What should I do if I experience Swift withdrawal problems?

If you have any problems, you should first contact Swift customer service. They can help you check what is holding up your withdrawal and provide more info. If you still have problems, you can contact the licensing body and file a complaint. Swift casino is licensed by the UK Gambling Commission, so contact the one suitable to your region.

Are there any withdrawal fees?

Most casino sites will not include an additional fee for withdrawals. Regarding Swift, they do not include fees for withdrawals, except for bank transfers below £500.

Keep in mind that some payment options include a fee for transactions, which you should check before choosing a payment option.

What should I do if I see Swift withdrawal player pending?

If the status of your Swift withdrawal is “player pending, ” your request has yet to be processed. At this stage, you can cancel your withdrawal or wait for the online casino website to process the request.

More Swift Articles:

Why Trust the Reviews on CasinoTop3.com?

We pride ourselves on providing honest and reliable information to help you decide where to play. Our rigorous methodology involves thorough research and testing of factors important to players, such as:

  • Game quality
  • Customer service
  • Payment options and speed
  • Security and licensing
  • Fair bonuses and conditions

Our team of experts also considers the feedback and experiences of real players and industry trends and developments.

author
Kate WebbEditor in Chief

With over ten years of experience working with gambling and writing about casinos, Kate brings a lot of knowledge to CasinoTop3.com. Kate oversees all the content written on CasinoTop3.com to ensure it contains factual information with value to you as a player.