BM.Bet Withdrawal

BM Bet Withdrawal/Verification

Every withdrawal you decide to request, regardless of which casino it takes place in, necessitates one and the same – your profile being verified as authentic by the staff first. That is so due to the betting sites needing to make sure they’ll be sending the money to the correct person, as well as protecting themselves from malicious or fraudulent attempts, or at least that’s what they say. Either way, you can’t get to a successful withdrawal without first providing whatever’s necessary for the casino to greenlight your requests. Each site has different procedures, so we’ll take a look at the one at BM Bet now.
Apart from the verification procedure, we’ll also take a look at key aspects of the transactional policies at BM – this includes the least amount you can deposit to start playing, the biggest amount you can withdraw, the least you need to have in your account to withdraw, the turnover requirements, the rules and fees, the payment methods, the currencies at your disposal, and many other pertinent details. So, let’s get right into it!

Payment Methods, Deposits, and Withdrawals at BM Bet

BM Bet is set up as a hybrid casino when it comes to payment methods, which means that you can dabble in crypto transactions, and go back to the traditional fiat alternatives if you feel like it. An approach like this one is welcomed by most players, as digital currencies have been on the rise in the last couple of years, garnering millions of enthusiasts. At the same time, there’s a serious number of people who are still apprehensive about it, so the best way to cater to everyone is by offering both at the same time.

The fiat payment methods here are way more than the crypto ones – you can pay with MasterCard, Neosurf, PayDo, PayOp, Jeton, JetonCash, MiFinity, Neteller, PaySafeCard, RapidTransfer, and Skrill. Crypto enthusiasts can go for payments in Bitcoin. Ethereum, Litecoin, Dogecoin, and Tether. The accepted currencies here include EUR, USD, AUD, CAD, PLN, CHF, NZD, BTC, ETH, LTC, BCH, DOGE, USDTERC20, and USDTTRC20.

As for the minimum you can start with, it’s a deposit of no less than EUR 20 – an acceptable lower threshold that can be easily enjoyed by all types of bettors. The minimum withdrawal is set at EUR 40, which is a bit high, but still not beyond what’s considered normal. The withdrawal options are far less than the deposit ones, being limited to Skrill, Jeton, MiFinity, and some cryptocurrencies. The minimum turnover is 3x, which is more than we hoped for, as 1x is the best possible option.

The maximum withdrawal amounts are quite generous here. The daily limit is EUR 5,000, the weekly limit is EUR 10,000, and the monthly threshold is EUR 30,000. This is impressive, considering how the average daily in the industry is 1,000, the average weekly is 3,000, and the average monthly is 10,000.

BM Bet Verification

The BM Bet verification procedure comes in several steps, but none of them are overly complicated, so no worries. The site will ask you to provide information for account management and identity verification, this one is non-negotiable. The information you'll need to give them includes a certified ID, proof of residence, proof of ownership, and transaction histories for up to 12 months, which can be bank or credit/debit card statements. You will have to submit all the documents in 30 calendar days after the site asks for them. If you don't manage to get everything needed and send it in on time, BM Bet will very likely withhold your payments, suspend your account, or even permanently close it. So, it's best to cooperate and comply.

The Know Your Customer (KYC) process is usually completed within one day, which is awesome! However, the timeframe can change if there are uncertainties. The site may use additional procedures and methods at its discretion to verify your identity, age, residence, or other circumstances both before and after you deposit funds into your account or request a withdrawal. This part sounds a bit tedious, but it's very rarely applied, as most players are simply regular people with no fraudulent intent.

In even less likely scenarios, the casino can perform background checks with credit and financial institutions to verify the information provided by you or any casino player. This is the most comprehensive form of verification and it aims to check if all activities comply with legal and regulatory standards. Unless you're there to scam the entire establishment out of their business, you will likely not be involved in this one.