Getting Your Monies When You WIN at an Online Bingo Sites

Before any online bingo can consider a withdrawal request from one of its members for their winnings, the online bingo has to do some checks to ensure that the members’ account is in good standing and they will also do an ID check which includes resubmitting your Credit Card information in order to be confirm that you are in fact the person making the request. Once everything is in order they will then get in touch with you to discuss, which is the best possible method of getting your winnings to you.

Each online bingo has their own policy for you to collect your winnings. For this reason it is highly recommended that you understand fully their methods of collecting your winnings before you sign up for membership. The easiest way of collecting your winnings is via Credit Card, some online bingo sites will deposit your winnings directly to your credit card account. This method is easy and straight forward and probably one of the fastest ways for you to collect your winnings as visa and master card are accepted almost everywhere worldwide so you have no worries about accessing your money instantly.

Another popular method used by most best online bingo sites for paying out winnings, is via wireless transfer such as Western Union Money transfer, or Money gram, the drawbacks with this method of collecting your money is you will have to go collect the money at one of the physical locations of the wireless transfer offices and you will be charged a fee for this type of service in addition to having to wait in line, fill out forms and have your identification card scrutinized by the worker. But on the upside you will receive your winnings in a much faster time frame than you will if you wait for a check to be mailed to you.

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Some online bingo sites will post your winnings in the form of a check, but this method of payment will take a while depending on where it is coming from and how far away you are. You will have to wait for it to arrive in the mail go down to the bank and deposit the check. After you deposit the check into your account then it will take from a few days to a couple of weeks for that check to clear with your bank depending on how closely linked the two banks are and now you are looking at probably a two month waiting period to collect your winnings.

Another option for collection your winnings from online bingo sites would be through an online processing service such as PayPal, Neteller, and Click2Pay to name a few. All you have to do is open an online account with anyone of these companies and you are all set. Of course there are other methods of collecting your winnings from an online bingo but these are some of the most popular methods used by the majority of online bingo sites.

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