Fast-withdrawal casinos are very popular in Canada. By fast we mean withdrawals that take a day or two at most. However, just because an online casino lists itself as a fast withdrawal doesn’t necessarily mean that the payment method you’ve selected supports it. This is why we’ve written this guide.
This page will tell you everything that you need to know about online casinos offering fast payouts in Canada, specifically Ontario as it’s recognized for its strict regulations and licensed providers, guaranteeing swift payouts and dependable online gaming experiences.
We’ll also touch a little bit on some of the top fast withdrawal casinos. We have a lot to cover, so we’ll just jump right in.
How Fast Are Casino Withdrawals In Canada?
There is no hard and fast rule about how long your casino withdrawal in Canada will take. It depends on a variety of factors:
- The online casino is probably the biggest influencer. Each online casino has its own processes in place when it comes to casino withdrawals, so some may be slightly faster than others. More established online casinos tend to be a bit faster than the smaller ones. On the smaller ones, much of the process is handled manually, which slows things down.
- If you have not verified your account, then the withdrawal process may be a bit slower. Casinos in Canada have a legal obligation to check the identity of everybody on their platform, and until you have verified who you are, none of the cash is yours.
- If you are withdrawing a larger amount (normally more than $1,000), then there may be additional identity checks in place to make sure that you are not laundering money. These checks will often need to be carried out manually, which will significantly slow down the process.
- The payment method that you are using will influence how long the withdrawal takes. For example, withdrawing directly to a bank account will likely take longer than withdrawing to an e-wallet like PayPal.
The Payment Method
The withdrawal method will have a huge impact on how fast withdrawals are at your selected online casino, so we’ll go through the main payout options at online casinos. Having all these methods available is another clue as to why fast-withdrawal casinos are generally very popular in Canada
E-Wallets
E-Wallets are online payment ‘wallets’ where you can store your bank account details, card details, etc. Then, when you make a payment from your e-wallet, the cash will be taken from one of the linked accounts. You can also store money in the wallet, and then move it to your bank account whenever you wish.
These types of digital money services are very popular across many businesses all over the world, and increasingly with individuals too.
The main payment e-wallets available at online casinos in Canada are PayPal, Neteller, Skrill, and MuchBetter. E-Wallets tend to be among the fastest withdrawal options, with some online casinos set up to withdraw to these methods instantly.
However, there may be additional processing time (normally a day or two) to move cash from the e-wallet to your bank account.
The downside to this payout method is that an online casino may not necessarily support the e-wallet that you use.
Instant Banking Options
These payout options include Interac and Trustly. The cash will be sent directly to your bank account when you use one of these methods. In theory, both of these payout methods should be instant. In fact, you will probably already be familiar with how fast Interac can be.
However, do bear in mind that not every single online casino in Canada will be set up to allow for automatic fast withdrawals. Expect a full withdrawal to take a day or so.
Prepaid Cards
The only real prepaid card option that you have here in Canada is Paysafecard. Unfortunately, most online casinos will not accept Paysafecard as a withdrawal option. It is a great choice for when you are depositing into your account, but, annoyingly, you won’t be able to withdraw using it.
Mobile Payment Options
This includes Google Pay and Apple Pay. At the time of writing, neither of these methods will support withdrawals from your account.
Read the Terms and Conditions For All Payout Options
Remember – this is just a general overview of payout options at online casinos in Canada. Every online casino functions in a slightly different way. So, read through the online casino terms and conditions to check the following:
- How fast the withdrawals will be? Most online casinos will give a guideline speed for the withdrawal and tell you how long before you can expect to receive that cash. They should also indicate that there may be delays when you are withdrawing from your account.
- Whether there are any fees related to the withdrawal. The vast majority of online casinos in Canada will not have any withdrawal fees. Do bear in mind that there may be additional fees depending on the payment method that you select. For example, if you withdraw to PayPal, then PayPal may charge you a small fee. That is not due to the online casino, but the payment method.
- Whether there is any minimum withdrawal amount for the online casino. The vast majority will require you to withdraw at least $20 at a time. However, this will vary depending on the online casino.
The Fastest Payout Casinos in Canada
We figured we would wrap up by covering some of the fastest payout casinos in Canada. This way, you’ll know where you should be playing if you want to quickly get your hands on your winnings.
Do bear in mind that there is no such thing as a proper instant withdrawal casino in Canada. This is due to various rules in place that mean that the online casino needs to do at least some checking about who the cash is being sent to.
However, there are some online casinos that are close to being instant withdrawal casinos. They are all sub-one-hour casinos.
If you are looking for a fast withdrawal casino in Canada, then we highly recommend one of these:
- Casumo Casino
- Casino Days
- SpinAway Casino
- BetRivers Casino
We suggest that you go through each of these platforms to see what they offer. They each offer a variety of different features, casino games, withdrawal methods, etc.
However, we can assure you that each and every single one of these online casinos is fantastic and worth your time gambling there. In fact, these are the places where we spend most of our time gambling.
If you don’t mind waiting a day to get your cash, and you want to gamble somewhere a little bit different, then any one of these online casinos should be fine:
- ComeOn Casino
- Fire Vegas Casino
- BetMGM Casino
- Luxury Casino
- Spinz Casino
- 888 Casino
Of course, once again, remember that each one of these online casinos brings something a little bit different to the table. While they are great places for us to gamble, they may not necessarily be the right place for you to gamble. You may need to check out a few different online casinos to find the best fit.
Do bear in mind that no matter what route you end up going down, your first withdrawal is unlikely to be quick. An online casino will want to check your identity before they hand you any cash.
