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Visa Fast Funds Casinos UK – Get Your Winnings Within 30 Minutes

Visa Fast Funds was first introduced in the UK in 2018.

I’m not sure if this was the original goal of Visa. Still, the feature has become increasingly popular among online casino players in the UK who want to receive their winnings quickly and securely.

With Fast Funds, Visa Direct transactions are processed in real time, with real-time payment confirmation, and funds can be available within 30 minutes of approval.

Visa Direct has processing times of 24-48 hours, representing a significant evolution of the underlying technology.

Compared with other withdrawal options that aim to be instant, Visa Fast Funds is the best one as it has something better than each competing option, as I’ll explain in more detail below.

In this post, we will explore Visa Fast Funds in more detail, including which UK banks offer this feature, how to use it, associated fees and withdrawal times, and the best UKGC-licensed online casinos that provide Visa Fast Funds.

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Which Banks Have Visa Fast Funds?

Visa Fast Funds is available to customers of most UK banks. Here are some of the banks that currently offer this service:

  • Barclays
  • HSBC
  • Lloyds Bank
  • M&S Bank
  • Nationwide Building Society
  • NatWest
  • RBS
  • Santander
  • Tesco Bank
  • TSB Bank

If you are a customer of one of these banks and have a Visa debit card, you can use Visa Fast Funds to receive your winnings from online casinos quickly and easily.

Note: a Visa credit card won’t work, as depositing to online casinos using a credit card is banned in the UK to prevent people from gambling with money that isn’t theirs and potentially getting into debt.

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Using Visa Fast Funds at these online casinos is a great way to ensure you can receive your winnings quickly and easily.

However, it’s always a good idea to check each online casino’s specific withdrawal times and fees before making a withdrawal request.

The customer verification process is handled separately from the actual withdrawal.

Your withdrawal will be processed instantly as long as your account is fully verified and you have passed all the necessary KYC, SoF and other checks.

If you haven’t done that, the withdrawal will be delayed until the verification process is completed.

How to Use Visa Fast Funds

Using Visa Fast Funds to withdraw your winnings from a UKGC-licenced online casino is straightforward.

Log in to your online casino account and navigate to the withdrawal section. From there, select Visa Fast Funds as your preferred withdrawal method.

Once you have selected this option, you will be prompted to enter your Visa card details, including the card number, expiry date, and security code.

You must also provide your name, address, and the amount you wish to withdraw.

It’s the same process as requesting a regular withdrawal to your Visa card, except that this will be processed quickly.

Withdrawal Times and Fees

One of the main benefits of using Visa Fast Funds is the fast withdrawal times.

In most cases, you can expect to receive your funds instantly or within a few minutes of making a withdrawal request.

However, it’s worth noting that some online casinos may take longer to process your request, so checking the withdrawal times before you start playing is always a good idea.

While a Visa Fast Funds withdrawal is almost instant, the bottleneck here is how fast a casino will process your withdrawal request and pay.

Regarding fees, Visa Fast Funds withdrawals are generally free, although some online casinos may charge a small fee for using this service.

Again, it’s always a good idea to check the fees before you make a withdrawal request to ensure no fees are associated with this payment type.

In conclusion, Visa Fast Funds is an excellent option for UK gamblers who want to withdraw their winnings quickly and efficiently.

By choosing a UKGC-licenced online casino that offers this feature and using a Visa card from a participating bank, you can enjoy a hassle-free and secure way to receive your funds.

Visa Fast Funds Compared to Other Methods

Let’s compare Visa Fast Funds with other payment methods that promise instant withdrawals.

We’ll see that it’s a superior option because the fees are smaller, and all those instant withdrawal methods usually require an additional step before you can have the money.

PayPal can transfer money to your bank account or your Visa card, and while the withdrawal to PayPal is instant, there’s an additional step to get it to your Bank Account, unlike Visa Fast Funds, which is direct. There’s also a fee to consider with Paypal.

Neteller and Skrill also have fees associated with the ATM withdrawal of the funds, and that’s if you have their plastic Mastercard.

If you don’t, you’ll pay a hefty fee to transfer the money to your bank account or card.

Compared to the regular Visa Direct card withdrawal, it’s a no-brainer. You want to use Fast Funds instead. It reduces the withdrawal time from 1-2 days to 30 minutes maximum.

Compared to withdrawing to your bank account, Visa Fast Funds is a perfect replacement.

Some people use over-the-counter bank account withdrawals to avoid the fees associated with other methods, such as PayPal, but in the case of Visa Fast Funds, that’s not an issue since there are no fees.

To conclude, no payment method would be better than Visa Fast Funds for a UK player playing at a UK casino that offers Fast Funds withdrawals if you have a Visa card issued by a bank that supports Fast Funds.

If you don’t, the next best thing is probably a debit card withdrawal. PayPal is not a bad option either if you don’t mind the fees.

Visa Fast Funds Frequently Asked Questions (FAQ)

Do I have to apply to use Visa Fast Funds?

No. If you have a Visa card issued by a bank that supports Fast Funds, and your online casino offers Fast Funds as a withdrawal option, you’re good to go.

Does Mastercard have a similar feature?

Yes. It’s called Mastercard Send and promises transactions to be completed in seconds. It, however, is not yet a feature in UK online casinos.

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About Neil’s Casino Comparer Reviews

I have tried to be objective and consistent with all my live casino reviews. Hopefully, they will strike a chord with you, but I thought it might be helpful to explain the criteria I use to mark each of the casinos. Hopefully, the categories and explanations make sense.

Playability – What is the overall impression of the casino? Did I have a good time? are the dealers nice and chatty and is everything easy to understand? Does it have a good set of games and is there a comprehensive set of betting options? Are high stakes players taken care of?

Software – What is the software like to use and does it integrate well with the rest of the casino?. Are the images clear and is the video streaming fast? Have they taken more than the default shared tables? Is it available on mobile?

Payment Options – Does the casino have a good variety of payment options? Do they payout quickly and on time?

Security – How good is the reputation of the casino amongst other players? Do they hold a valid gaming license? Are they transparent about the security measures they have in place? Are they regularly audited? Do they publish this information?

Support – Do they have multiple methods for communication with me? Is support available 24×7? Do they have instant chat and are they quick to respond? Are they able to help me immediately? Do they have an online FAQ and self-help library? Are the support people knowledgeable about the product I’m playing?

Bonuses – Do they have bonuses?. How strict are the wagering requirements? Do they offer repeat bonuses?. Do they offer loyalty points and can they be redeemed for cash or playing credits?

After all that, would I play there regularly?

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