IgoBet Withdrawal

IgoBet Verification/Withdrawal

After properly confirming your identification to IgoBet, you will be given the green light for withdrawals — this is how it works everywhere. Regardless of how many differences betting sites may have, you will be required to provide identification before they can release your funds to each one. After all, do you want someone else to steal your money by pretending to be you? We're sure that you won't.

With the anticipated Costa Rica license of IgoBet, though, the only possible drawback of this procedure could be that it might become tedious if it is too strict compared to the lax regulations. Stay tuned for more information on payment types, minimums, maximums, and fees, too — we'll give you the inside scoop on them to help you get prepared.

Payment Methods, Deposits, and Withdrawals at IgoBet

IgoBet will open the door for bettors from all over the world — it will accept a good variety of fiat and cryptocurrency payment options. Assuming all goes according to plan, we should be able to use Visa, Apple Pay, Google Wallet, and most major credit cards. Dogecoin, Bitcoin, Ethereum, Litecoin, Tron, and USDT are some of the cryptocurrencies that will be used for transactions.

Withdrawals from all card accounts will be subject to a daily cap of €10,000 and a monthly cap of €15,000. The minimum deposit required is going to probably be €20. The least amount to withdraw will be €40, which is definitely far from the lowest we've seen.

Each month you will be able to withdraw a maximum of €20,000. Typically, it will take around 2 business days for the processing of your withdrawal request to be completed.

The currencies that will be accepted at IgoBet are EUR, USD, CAD, NOK, PLN, CHF, DKK, HUF, CZK, JPY, HRK, SGD, and KRW. In case the currency of your account differs from that of the site, a conversion fee will be applied almost certainly. Last but not least, we are pleased to report that the minimum rollover will most likely be just 1x.

IgoBet Verification

IgoBet's four-part verification process is a whole stringent system to behold, especially compared to the lax regulations of Costa Rica licenses. The first step of the four-step process is requested when you register, though, which makes things simpler. You'll need to dish out your name, address, and date of birth then. However, after that, they'll go above and beyond by checking your information against every conceivable list of player sanctions internationally.

Another verification process will cross-reference your country, place of birth, and ID if your deposit or withdrawal exceeds €2000. They will also want to see proof of address in the form of utility bills or bank statements, which is common practice, too.

The next step of the procedure is for people with higher quantities — €5,000 or more. If they think you're riskier based on their AML regulations, they'll want to know how you got your hands on the funds and will monitor your every move. The ‘Risk Assessment' section of the ‘AML and KYC Policy' menu is where you can find more info.

‘Enhanced Due Diligence' is the last instance, but it's more of a force-majeure thing. They will ask for even more sensitive information and keep a closer eye on your online activity if things become heated. Selfies accompanied by official paperwork, video conferences, and a plethora of other hurdles to go through might be in store for you if things go to that extent, but it's unlikely overall.