Trustly Withdrawals from Online Casinos
Trustly (previously known as InstantBank) is a payment option that gamblers often use in online casinos for instant transactions from/to their bank accounts. It emerged in 2008 as InstantBank in Stockholm, Sweden. Currently, the company has multiple offices throughout Europe, with the main one based in Malta.
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No Trustly Account Is Needed
Since Trustly is not an e-wallet, it functions slightly differently. Thus, the user does not need any online account to carry out transactions. Trustly simply provides a way of using the player’s existing banking details to make online transactions, so no other account is needed.
Trustly Withdrawals from Online Casinos
Trustly allows making withdrawals from online gambling platforms. Here is a step-by-step guide on how to do this:
- Log into your casino account and visit the banking section.
- Choose Withdrawals and select Trustly.
- Enter the required details.
- Confirm the operation.
For verified casino users, withdrawals are instantly transferred to the bank account. To verify the account, the gambler will have to provide some personal and payment information.
Pros and Cons of Trustly Withdrawals
As with most banking methods, there are pros and cons of using Trustly in online casinos. Let’s take a closer look at them.
Pros:
- Quick transactions
- No additional transaction fees
- A widely available withdrawal method
Cons:
- Not available in some countries
- No personal account
- Some casinos charge extra fees for Trustly transactions
FAQ
Can I make withdrawals from online casinos with Trustly?
Yes, you can. It is a reputable online banking method available on most gambling platforms. If you have a bank account at an existing Trustly partner bank, you can take advantage of this withdrawal option.
Does Trustly charge any transaction fees?
No, it does not take any fees for withdrawals from online casinos. However, some online casinos and partner banks charge fees.
How long does the withdrawal with Trustly take?
This service processes all transactions quickly. However, due to the bureaucratic nature of banks, withdrawals may take up to 72 hours to reach your account. Furthermore, some online casinos process withdrawal requests for 1-5 business days.
Can I play with Trustly from the UK?
Yes, Trustly is currently accepted in over 20 territories, including the UK.