Betway Withdrawal Guide

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Betway Withdrawal Guide


We will show you how to withdraw money from betway. Withdrawal is an integral part of the betting experience, allowing you to turn your virtual wins into real-world rewards. When it comes to Betway, a renowned online betting platform, understanding the withdrawal process is crucial for every player. 

In this comprehensive Betway withdrawal strategy guide, we will explore the ins and outs of cashing out your winnings effectively.

At its core, a withdrawal from Betway refers to the process of transferring funds from your Betway account to your chosen bank account or the preferred payment method. This step allows you to enjoy your hard-earned winnings and utilize them as you wish. However, navigating the withdrawal process can be daunting without proper guidance.

That’s where this comprehensive guide comes in. We will provide you with valuable insights, tips, and a step-by-step strategy to ensure a seamless and hassle-free withdrawal experience. Whether you’re a seasoned bettor or new to online gambling, this guide will equip you with the knowledge needed to confidently manage your withdrawals.

Betway offers over 20 deposit methods and provides 6 withdrawal options for their users. The most prevalent withdrawal method at Betway is Electronic Funds Transfer (EFT) to your bank account, while alternatives such as ABSA CashSend, Standard Bank Instant Money, and FNB eWallet are gaining popularity.

betway withdrawal screen

It’s important to note that regardless of the chosen method, encountering Betway withdrawal issues can occur if the process is not thoroughly understood.

Below is the list; 

✅ EFT

✅ FNB eWallet

✅ Absa CashSend

✅ Standard Bank Instant Money

✅ 1ForYou Voucher

✅ Nedbank Send-iMali

Read our full Betway guide and review here.

The Withdrawal process 


We will examine multiple options and approaches for withdrawing funds from your Betway account.

How to withdraw money using; Standard Bank ATM

Here is the process for withdrawing funds from your Betway South Africa account using Standard Bank Instant Money:

  • Sign in to your Betway South Africa account.
  • Click on ‘My Account’.
  • Choose ‘Withdraw Funds’.
  • Select ‘Standard Bank Instant Money’.
  • Verify your mobile phone number.
  • Enter the desired withdrawal amount.
  • Standard Bank will send you a unique 10-digit PIN and a 4-digit access code.
  • Visit any Standard Bank ATM and enter the access code followed by the PIN to complete the withdrawal of your funds.

The processing time for withdrawals using Standard Bank Instant Money can be up to 72 hours.

How to withdraw money using; FNB eWallet 

Here is the process; 

  • Visit Betway.co.za and sign in to your account.
  • Navigate to the “My Account” section.
  • Choose “Withdraw Funds.”
  • Select the option for FNB eWallet.
  • Enter the desired withdrawal amount.
  • Click on “Withdraw Now.”
  • Review your details and then confirm the withdrawal by selecting “Confirm Withdrawal.”

How to withdraw money using; Standard Bank Instant Money

Follow this procedure to withdraw funds from your Betway account via Standard Bank Instant Money; 

  • Visit betway.co.za and log in to your account.
  • Go to “My Account” and select “Withdraw Funds.”
  • Choose the option for Standard Bank Instant Money.
  • Confirm your cell phone number.
  • Enter the desired withdrawal amount.
  • Wait for Standard Bank to send you a unique 10-digit PIN and a 4-digit access code via SMS.
  • Once you receive the PIN and code, you can visit a nearby Standard Bank ATM or one of the following retailers: Spar, Makro, Game, Builders Warehouse, Cambridge Food, and Rhino stores.
  • At the ATM or retailer, enter the 4-digit code followed by the 10-digit PIN received in the SMS, or provide the cashier with the necessary details.

Note: If your registered cellphone number is not current, please contact our support team. Kindly allow up to 72 hours for your withdrawal to be processed.

Betway Withdrawal Fees


As one of the best online betting sites, Betway does not charge any fee on withdrawal, though some payment providers may charge a small fee on their platforms as a service fee, so before withdrawal, you should check the rates according to the preferred provider.

Betway withdrawal limit


If you’re experiencing a Betway withdrawal problem related to limits, here’s the information you need. The minimum withdrawal at Betway South Africa is R50. The maximum you can withdraw per day depends on your withdrawal method.

EFT: R1 000 000

ABSA CashSend: R3 000

FNB eWallet: R25 000

Betway Withdrawal Problems


Betway strives to provide a seamless and efficient withdrawal policy as customers rely on the operator to cash out funds in their account balance. However, sometimes issues can still occur, such as:

Minimum and Maximum Values

Minimum and maximum amount limits apply to withdrawals. If the request is outside the lower and upper limits, Betway will display a message explaining that the transfer is not allowed and instead enter a permissible value.

Account Verification

All Betway accounts must be verified with ID documents like a utility bill or bank statement. The customer cannot withdraw their funds if their account has not been verified.

Incorrect Account Details

The account details on the Betway account must match the same information on the payment provider’s account. Otherwise, the withdrawal cannot take place.

Poor Internet Connection

Lastly, if the internet connection is poor, then customers cannot communicate with Betway for a withdrawal. Betway is not responsible for low or failing connections when activating a withdrawal.

Frequently Asked Questions


Can I withdraw money from my phone?

It is indeed possible to initiate withdrawal transactions from both your mobile phone and your desktop computer. 

What is the minimum and maximum withdrawal limit?

For all withdrawal options, the minimum withdrawal limit is $10 or currency equivalent, and the maximum withdrawal limit is not specified, as it differs with every payment method in every country.

Is it safe to withdraw money from Betway?

It is safe to cash out funds from Betway since they are regulated by the FICA Financial Intelligence Centre Act, which regulates online fund transfers to prevent online crimes.

How to contact Betway support?

Certainly! Betway’s customer care can be reached through email at support@betway.co.za, as well as through their 24/7 available live chat feature.

Can I deposit funds on Betway?

Yes, you can fund your Betway account, and ensure that you make your payments using the same method you would like to cash out your funds.

How do I withdraw from Betвay South Africa?

To withdraw from Betвay South Africa, go to your account and request to withdraw before entering the amount and hitting the withdrawal button.

How long does Betway e-Wallet withdrawal take?

The process to withdraw money from Betway takes a few minutes when using eWallet providers.

How do I get my Absa CashSend code from Betway?

Certainly! Upon submitting your initial request, Absa Cash will send you a 10-digit code via SMS.

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Vincent Titus

SEO content writer for Betting, Casino, Football news.
A driven and ambitious individual with years of work experience in Digital Marketing & Website Management.