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You can now cancel a withdrawal request – quick and easy. How? In fact, Betway allows customers to cancel payout. This is only possible if the withdrawal is still pending and not processed. In this guide, we will look at the steps you need if you want to know how to reverse withdrawal on Betway and why.
How to Cancel My Withdrawal Request on Betway
You can reverse your cashout request if it is pending. That means the payment must not be processed. The reversal option can be seen on the withdrawal page. Learn how to cancel payout on Betway with these steps.
- Go to the withdrawal page in My Account.
- Then check the Transaction History to see if the payment has not been processed.
- Once you do this, click the ‘Reverse’ tab, and the button on the side of the withdrawal.
- Confirm your cancellation on the pop-up window.
Betway Reverse Withdrawal Explained
Betway has a fair withdrawal policy. It processes payouts within 72 hours. This period may be longer on weekends and bank holidays. The time taken for the money to get to your account varies. This depends on the payment method used. As mentioned, you must confirm any reversals. This pop-up tab gives you a chance to change your mind.
Example – How and Why Reverse Betway Withdrawals
Assume you asked to withdraw €200. If you want to reverse the funds, you should first check if Betway is still processing the payout request. If the transfer is not yet approved (*pending), you can go to the Betway Reverse Withdrawal tab. Click the button indicating that you have changed your mind. The €200 will appear back in your betting account. This will cost you nothing. No fees for processing or reversing withdrawals are charged on this site.
How to Locate the Reverse Withdrawal Tab
Betway is very easy to navigate. This makes it easy to take back payout requests on the site. Locate the reverse withdrawal tab with these steps.
Where is the Reverse Withdrawal Tab?
- Log into your account.
- Go to ‘My Account’.
- Click on the tab labelled ‘Withdraw Funds’.
- Check the pending withdrawals.
- Next to them, you will see the Reverse option.
It is worth noting that there are different versions of Betway for different countries. You should simply look for the Banking page. The reverse option will always be on the side of pending withdrawals.
How Long is the Pending Withdrawal Period?
This betting site processes payments within 72 hours. This period for betway withdrawals may vary on weekends. Also, bank holidays may cause delays. In this period, withdrawals go through internal reviews. They will then be approved. From there, payment processors have to get the money to your account. Here are the payout methods available and time it takes for reversal.
|💳 Bank Cards
|💸 Bank Transfer
Some e-wallets you can use on the site are Skrill, Neteller, and PayPal. UK players CANNOT use credit cards. This is because of a recent rule by the UKGC. Normally, the casino will process the payment back to a method you used for deposits. If this isn’t possible, you should pick an option like bank transfer.
Why Betway Reverse Withdrawal Is Part of Their Policy?
You may wonder why Betway reverse withdrawal. This option helps if you made the payout request accidentally. It is also possible that the customer added the wrong bank account. In this case, the reversal will prevent the loss of funds. Many people also prefer to reverse withdrawals instead of making new deposits.
The casino may also benefit from this policy. This is because reversals lower their costs. Many people also believe that the site may be using this policy to guarantee safer and more responsible gambling activity. The option allows people to keep their money on the site and gamble some more. This means the player may lose the funds.
What if I want to reverse a payment on Betway that is already processed?
Betway allows reversals only on payout requests that are still pending.
What to do if the money won’t appear in my account after withdrawal cancelation?
Contact Betway support via live chat or write them an email at email@example.com.
Which countries is Betway cancel withdrawal available in?
You can reverse betway payout in South Africa, New Jersey (USA), India, and UK as part of their withdrawal policy.