Popular Payout Options
Players of Velvet Bingo are able to use a number of banking methods to withdraw their winnings. Credit and debit cards such as Maestro, Visa, MasterCard, Switch and Solo are all accepted as well as Neteller, which is a safe and secure Ewallet. People who are using the Velvet Bingo mobile application can also receive funds via Boku.
Minimum and Maximum Payout Requirements
In order to make a Velvet Bingo cash out money request, players must have at least £20 in their gaming account. People who have struck it lucky will be able to withdraw up to £300 each week, while those who have won a progressive jackpot can withdraw an impressive £1,000 per week.
Additional Withdrawal Requirements
Players who wish to receive Velvet Bingo cash out money must have deposited at least £5 into their gaming account before making the request and withdrawals can only be made every five days. When making a withdrawal request, players may be asked to submit photo ID as well as proof of their address and a copy of their bank card.
Average Processing Times
It takes around three days to process a withdrawal request that is submitted to the customer service team. After this it takes at least another three days for money to appear in a player’s account, which takes the total processing time up to around a week.
Best Way to Withdraw Winnings
Players of Velvet Bingo who regularly rack up large winnings should wait until they have accumulated a large amount of cash in their account before making a withdrawal request. People who use the Paysafe Card may find that they receive their winnings slightly faster than those who use other types of banking methods.