Last week I wrote a blog post on USA Payment Processor options which focused mostly on depositing. You can check out Part 1 here. This entry will center around withdrawing and will also include a chart of current Payment Processors for all major USA-facing poker sites. Hopefully you find this handy. Some of us actually win (unfortunately, not me much anymore) and want to withdraw funds. Understandably, the poker sites are slightly less thrilled with withdrawals versus deposits, but most sites that work with PAS do offer multiple ways to get your money back. Of course, with e-wallets you can also withdraw. This method is excellent for depositing and withdrawing to various poker sites, but when you finally want to receive your funds (bank account, check), it's not as much of a compelling option due to high fees. USA players are unable to even withdraw from an e-wallet such as Click2pay to a bank account or check. Like depositing, the easiest way to get your funds is eCheck or bank wire. With a bank wire a small fee may be levied by your bank. Reports of relatively long days of both processing and receiving the bank transfers are common. Players can even request a check, although direct fees are more frequent. In the case of a check bouncing, contact the poker site and they will work out another option for you. When making a withdrawal to a bank account it is wise to have an account devoted to poker rather than your personal account. If you have an issue making a withdrawal (such as the bank not liking the source of the funds) you can more easily take your business elsewhere. Summary If none of these methods are workable for you, you can always contact the poker site's customer support. Arguably, more than anything they want your deposits and will work hard to get you playing. So when all else fails when trying to make a deposit or withdrawal -- or if you just want more information on the depositing process for a particular option -- email support or contact them via live chat. Below I have provided a chart of available deposit and withdrawal options as well as some additional handy information. This is to the best of knowledge/research. A few general points first: --This information is very much subject to change --Deposit and withdrawal fees are commonly deducted from USA player's MGR (applicable to rakeback players). If there are any applicable out-of-pocket fees, they will be listed below. --With a withdrawal option, the poker site commonly requires that a deposit be made with the option before they will process a withdrawal --ID documentation is often required when making a withdrawal with methods such as checks, eChecks or bank wires. --Deposit and Withdrawal limits can frequently be raised, or even lowered in the case of a problem gambler. As with any of my posts, please let me know of any corrections that you feel need to be made. A red "x" will indicate recent issues with the method.
Updated 12-02-2010 at 02:07 PM by TimPAS
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