If you are fortunate to place a sports wager and win, the next step would be to withdraw the funds. Bettors with the South African operator have various Fafabet withdrawal methods to choose from. Read this review to determine which Fafabet withdrawal methods are most suitable for you as well as how to complete the process.
Valid in
Updated:
19/05/2024
$
Payout speed:
0-5 days
Deposits & Withdrawals:
How Do I Make Withdrawals with Fafabet in South Africa?
The Fafabet withdrawal procedure is relatively straightforward. Once you have finished your Fafabet registration, made your first deposit and wagered, and won, you can claim your gains using the step-by-step guide below.
- Visit the Fafabet website or launch the Fafabet app on your preferred device.
- Secondly, tap on the “Account Avatar” icon.
- Click on “Withdraw” and choose any of the Fafabet withdrawal methods.
- Enter the amount you want to withdraw and your bank account number.
- Tap “Proceed Withdrawal” to finalise the process.
- Lastly, check your wallet history to see if your withdrawal has been processed.
What Are the Different Ways to Withdraw from Fafabet in South Africa
Fafabet South Africa provides two withdrawal channels – Ozow and OTT. Below are the specific instructions to withdraw using each of the options.
How to Withdraw from Fafabet using Ozow?
Ozow, an instant EFT, allows customers to process Fafabet withdrawals from their betting account into their bank account. It is an easy process, and the Fafabet withdrawal time is done almost immediately. There are no Fafabet withdrawal fees attached to this withdrawal option. But keep in mind that the minimum and maximum amounts are R50 and R5,000, respectively.
Here’s how to initiate the Fafabet withdrawal process using Ozow.
- Go to your Account Management section and tap the “Withdraw” icon.
- Click “Ozow” from the list of payment gateways.
- On the Ozow Withdrawal page, select the bank through which you made your Fafabet deposit. This will automatically be filled out if you’ve previously entered your bank account details into your profile.
- If you need to update your bank account information, click the “Update IBAN here” icon to add your bank name and account number. Click the “Save my Settings” icon after that.
- Return to the previous page and enter the amount you wish to withdraw.
- Finally, tap “Proceed Withdrawal” to complete the transaction. A notice will appear confirming your request, and it is awaiting approval.
How to Withdraw from Fafabet using OTT?
OTT withdrawal is an Instant Money and eWallet platform that allows bettors to claim their winnings. The Fafabet withdrawal time and process are quick and simple, but you must own an account with FNB or Standard Bank account to use this Fafabet withdrawal option. Furthermore, it does not charge any Fafabet withdrawal fees. The minimum and maximum withdrawal amount required is R50 and R5,000. Check this guide for completing the Fafabet withdrawal process using OTT.
- Go to your Account Management section and click “Withdraw”.
- Select “OTT” from the list of available withdrawal gateways.
- Choose Standard Bank or FNB Instant Money on the OTT Withdrawal page.
- Enter the amount to withdraw and tap on “Proceed Withdrawal”.
- The resulting page will show your withdrawal request is pending approval.
- Check your wallet history for the withdrawal status.
- Your selected bank usually sends an SMS to your registered mobile number, confirming that your Fafabet withdrawal has been processed successfully.
Here are a few more details to further understand how the withdrawal process works.
| 💵 Fafabet Withdrawal Methods | 💵 Average Processing Time | 💵 Withdrawal Limit |
|---|---|---|
| Ozow Instant EFT | Within 24 hours if the request is made before 12:00Within 48 hours if the request is made after 12:00 | R50 – R5,000 |
| OTT Instant Money & eWallet | Within 24 hours if the request is made before 12:00Within 48 hours if the request is made after 12:00 | R50 – R5,000 |
Restrictions and Conditions for Withdrawing from Fafabet in South Africa
Your Fafabet withdrawal process may fail to go through for different reasons. Below are some common withdrawal rules and restrictions to consider.
Illegal Access
Only punters within the country can access the Fafabet South Africa website. The bookmaker frowns at people trying to access the bookmaker from a restricted location or using VPN. If you are not in the country, it is unlikely that you can use the withdrawal options.
FICA Verification
One of the Fafabet withdrawal rules to fulfil is the FICA verification process. This will certify that they are residents of South Africa and that they are not accessing the operator illegally. Therefore, customers must provide a government-issued ID and utility bill to verify their account. Fafabet does not allow bettors to claim their funds if they don’t conclude the verification process.
Minimum and Maximum Amounts
The operator sets the minimum and maximum amounts to claim at a time from the bookmaker. Both Fafabet withdrawal options set R50 as the minimum amount and R5,000 as the maximum amount to withdraw.
Wagering Initial Deposits
You cannot withdraw your initial deposits before placing bets with it. The bookmaker ensures customers wager their initial deposit first before withdrawing the winnings.
Wagering Requirements
Furthermore, Fafabet sets requirements and terms and conditions on each bonus that customers must fulfil before claiming the bonus amount and withdrawing the funds. It is essential to read these prerequisites before opting for any bonus.
To Conclude – Withdrawal with Fafabet in South Africa
Claiming your funds from Fafabet is easy if you follow the steps mentioned above. The two Fafabet withdrawal options available include OZOW and OTT, and both withdrawal methods take only a few minutes to complete.
However, bettors must strictly adhere to the minimum and maximum withdrawal limits and verify their accounts to avoid Fafabet withdrawal problems.
Check our Fafabet Review page for more information about the operator, including which sports and games are available for registered members.
Fafabet Withdrawal – FAQs
The frequently asked questions further describes on how to withdraw from Fafabet.
The accepted withdrawal options by the bookmaker are OZOW and OTT. Please check this guide to find out how they work.
Visit the Withdrawal page in your Account Management section on the bookmaker to initiate a withdrawal. Then choose one of the available payment methods.
Yes, the minimum withdrawal amount set for withdrawal options is R50.
Withdrawals are usually processed instantly. However, if you request before 12:00, you will get it within 24 hours, and after 12:00, you will get it within 48 hours.
There are no withdrawal fees attached. Feel free to withdraw when you want.
Yes, completing the FICA verification is compulsory before claiming your winnings.
Be sure to have the required amount in your account and that you’ve verified your account. If the problem persists, please contact support to help you out.
This withdrawal process in this guide is only available for customers in South Africa.
You must meet the wagering requirements and other terms and conditions of the bonus to withdraw your bonus funds from the bookmaker.
If you encounter any error when trying to withdraw on the bookmaker, kindly try again a few times. If the withdrawal problems continue, please contact customer support for a solution.
