55BET Withdrawal

55BET Withdrawal/Verification

Some things go in pairs, and, when it comes to online betting, withdrawals and verification are an unbreakable match. What we mean by this is that without the casino demanding a verification of your identity, you won’t be allowed to either request or receive a withdrawal. Since this double-edged procedure is so integral to the final goal of every betting session, an easy-to-digest, yet thorough breakdown is in order. We’ll check what 55BET needs from you to allow you to move forward with the claiming of your winnings, so stick around, and you’ll find everything out for successful transactions.

Once we explain the overall limits and rules of 55BET when it comes to deposits, withdrawals, payments, and potential fees, we’ll pay special attention to the verification specifics as well. Overall, both of the components are key to your success here, so paying close attention is, without a doubt, the best course of action. Let’s see what the financial ins and outs at 55BET are, shall we?

Payment Methods, Deposits, and Withdrawals at 55BET

55BET is definitely one for fiat transactions – there are numerous banking methods for those and just a couple of crypto alternatives. Fiat enthusiasts can take advantage of their favorite payment method among the following: Revolut, RapidTransfer, Paysafecard, Neteller, Skrill, MuchBetter, PayFun, PIX, Google Pay, BlixtPay, Jeton Cash, MiFinity, Cashlib, Jeton, Flexepin, Instant transfer, Bank transfer, Interac, AstroPay, Mastercard, Visa, Papara, and eZeeWallet. In contrast, the crypto options are Bitcoin, Ethereum, Tether, Dogecoin, Bitcoin Cash, and Litecoin.

Both the minimum withdrawal and the minimum deposit amounts are the same at 55BET – EUR 10. It’s an easily accessible threshold that allows any type of player to jump in without fearing they’d lose more than they’re comfortable if this is a concern. Maximum withdrawals are wildly generous – EUR 10,000 per day, EUR 25,00 per week, and a staggering EUR 100,000 per month! The minimum turnover is not disclosed, however, which is rather unpleasant.

This, by far, is the betting site with the most applicable fees we’ve encountered, so let’s check them out together to help you tread carefully. Firstly, if you open multiple accounts, the casino will deduct an administrative fee of 10%, with a minimum of EUR 30 — this is a very smart approach to the multiple accounts creation, we must admit.

Payment methods, found under the “My Account” and “Deposit” pages, will vary by country and may change, but what's certain is that they likely will include service fees imposed by the financial services themselves. You must agree to terms and charges for chosen payment methods, so this one is pretty much non-escapable.

Then, if you request a withdrawal without turning over an equal or greater amount than your deposit, the casino charges a 10% administration fee, with a minimum of EUR 5. For more than one withdrawal within 24 hours, a 3% transaction fee, up to EUR 20, applies to each of your subsequent withdrawals.

Inactive accounts will have a EUR 5 monthly fee until the balance reaches zero. The casino will let you know via email 30 days before this charge. Logging in stops the fee, and you can even a refund for previously charged fees by contacting support.

55BET Verification

At 55BET, verification of your identity happens when your deposits reach EUR 2000, either through a single transaction or multiple transactions, within no more than 180 days. The site may also conduct these procedures for lower deposits or any withdrawals, so it can basically happen at any time. Before approving a withdrawal, the site will request legal identification, such as certified copies of passports, ID cards, or other documents. Phone verification, face verification, and even other methods are also likely to be used to confirm you are who you say you are. The casino will cancel a withdrawal if waiting for updated legal identification, so make sure to be as quick as possible.

For credit card withdrawals, a certified copy of the credit card's front and back will be requested, but make sure that only the first 6 and last 4 digits are visible and hide the CVV/CVV2 number. The credit card must bear your name to be usable. All in all, the procedure isn't much different than the one at most online casinos, however, there are some missing details, such as the time frame for it. Nowhere is it stated how long you'd need to wait for the process to be wrapped up, which is a slight bummer, in all honesty.