How Long Does Palmerbet Withdrawal Take?

Palmerbet withdrawals are instant. However, in some cases, payments might take up to 24 hours to show in your bank account, depending on your bank. On the other hand, withdrawals to non-Australian banks take 3-5 business days or longer, depending on the country and bank. 

To facilitate smooth payments, the site’s finance team processes pending withdrawal requests daily between 2 and 5 p.m. AEDT, excluding weekends and holidays. Once the operator approves the request, you will receive the payment via Osko Fast Payments. 

Customer support is available to respond to queries on Palmerbet withdrawal time and resolve payment issues.

Palmerbet Withdrawal Options

Palmerbet withdrawal methods fall short when stacked against leading betting sites in Australia. Yet, these payment options are safe and fast, enhancing smooth transactions. You can withdraw your winnings from the betting site via a bank transfer or a bank card.

Requesting a withdrawal is relatively straightforward for Aussies; you only need to enter your bank details and withdrawal amount. As previously stated, the withdrawal will be processed instantly and should be in your account within 24 hours.  

In contrast, withdrawals to non-Australian bank accounts are more complex. First, you must email your account details to the customer support team with the following:

• Bank Branch Name 
• Swift Code
• Physical Address 
• Withdrawal Amount

Every international bank transfer is subject to a $20 processing fee at the operator’s discretion. Lastly, you must wait 3-5 business days to receive your winnings. 

The table below gives an insight into Palmerbet sportsbook withdrawal time, payment methods, limits, and processing time.  

As with most Australian gambling sites, Palmerbet requires you to verify your identity before making a deposit, placing a bet, or requesting a withdrawal. The operator reserves the right to freeze your account if you don’t complete the verification process within 14 days of registration.

To make the process more convenient, the operator gives you three verification options: 

1. Automatic Verification: This verification system is restricted to Aussies. Palmerbet attempts to verify your identity by matching the personal information you provided during registration with the information in your credit files using the greenID service. You will receive an email about the online verification if this method is unsuccessful.
2. Online Verification: This is also called manual verification, and like automatic verification, it is solely for Australian players. To begin this Palmerbet sports betting site verification, navigate to the “My Account” page and click the “Verify me” icon. You will be requested to provide any two of the following documents:
   1. Driver’s license 
   2. Medicare card 
   3. Australian passport 
   4. Australian visa 
   5. Australian electoral roll 
3. Verification Using Identity Documents: This method is less common, as Aussies usually pass the manual sportsbook verification. Here, you must provide documents with a total point score of at least 100. Contact customer support to learn the accepted documents and their corresponding points. 

Our Experience with Palmerbet Withdrawals

Our experienced Betsquare team noted that Palmerbet withdrawals are seamless, secure, and fast. However, as Palmerbet is a reputable sports betting site, we expected many withdrawal methods. However, we quickly noted that these options are limited to direct bank transfers and cards. This is far from the worst for a fast-growing betting site; nonetheless, there is room for significant improvement to stand on par with competitors. 

We opted for the direct bank transfer withdrawal option, which allowed us to receive money directly into our bank account. Interestingly, we received the money shortly after submitting the withdrawal request without attracting a processing fee. 

We were impressed with the immediacy of the payment, as it improved our online gambling experience. Still, depending on your bank, Palmerbet withdrawal times can sometimes be delayed. Regardless, you should receive payments within 24 hours to your Australian bank account.

The minimum withdrawal amount at Palmerbet Sportsbook is $10, which is favourable to low-budget bettors. 

Generally, Palmerbet withdrawals are seamless. Even so, the customer support team is available to resolve payment issues. Surprisingly, we noted that the betting site does not have a live chat feature. As a result, you can only contact the support team via email, and of course, you cannot expect a prompt response like live chat.

Conclusion

Palmerbet is undoubtedly a safe online betting destination, offering various sports betting markets and racing events. In addition to the comprehensive coverage of events, the operator provides a rich selection of bonuses and promotions and exciting features like live betting and cash out. 

Regarding payments, the sportsbook offers only two withdrawal options: bank transfers and cards. Despite this limitation, Palmerbet withdrawals are fast and easy. Your withdrawal will be reflected in your bank account instantly or within 24 hours in some cases, depending on your bank.

For non-Australian banks, the withdrawal time is 3-5 days. However, the transaction attracts a processing fee. 

Overall, Palmerbet is a solid sports betting site with exciting features, but there is room for significant improvement to rank among the best betting sites in Australia.