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Contents

Withdrawing funds

The acquirer reference number, or ARN, is a unique number that tags a credit card transaction when it goes from the merchant’s bank (the acquiring bank) through the card scheme to the cardholder’s bank (the issuer). This number can be used by issuing banks to trace a transaction with an acquirer.

It is very important to give the ARN codes to your bank’s Processing Center (the employees of a general client office sometimes are not aware of these codes and their use). If you are not able to visit the Processing Center, contact the bank officers responsible for processing card operations. They will help you to track the money.

1. To withdraw your funds, go to the Withdraw Funds section. Choose a withdrawal method, specify the amount and other data required, and click the “Withdraw Funds” button. We do our best to process all withdrawal requests within the same day or next day if outside working hours on business days (weekends excluded). Please note that interbank (bank-to-bank) payment processing may take a bit longer.

2. The number of withdrawal requests is not limited. The withdrawal amount should not exceed the amount of your current trading balance.

*Withdrawals return money that was paid in a previous transaction. Thus, the amount you can withdraw to a bank card is limited to the amount of money you deposited using this card.

Appendix 1 shows a flowchart of the withdrawal process.

The withdrawal involves the following parties:

2) Acquiring bank – IQ Option’s partner bank

3) International payment system (IPS) – Visa International or MasterCard

4) Issuing bank – The bank that opened your bank account and issued your card

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In case of malfunction on the side of one of the above-mentioned parties during the withdrawal process, there might be issues with funds being credited to the card. At the moment of the withdrawal on the eu.iqoption.com website, IQ Option provides information about the transaction to the acquiring bank. The acquiring bank assigns a unique ARN* code to the operation and passes it to the IPS. The IPS then assigns a unique RRN* code and transfers all the information to the issuing bank. The issuing bank processes the operation and credits the funds to your card.

*ARN and RRN identification codes serve as proof of successful withdrawal transactions. The ARN and RRN codes are unique for every transaction and prove that this exact transaction was successful.

3. Flowchart of funds withdrawal from the trading balance to a bank card. (Appendix 1)

4. Possible malfunctions

If 15 calendar days have passed after the withdrawal request but the funds were not credited to the bank card, please contact IQ Option Support through your Profile (or send email to [email protected]).

In your message to the support team, it is important to mention the dates and amount of the withdrawal not credited to the bank card (please make sure that 15 calendar days have passed before writing a message to the support team). We also ask that you attach a credit card statement issued and signed by the bank.

4.1. If the transaction is not successful, the support team will provide an explanation of what happened and advise you on what steps need to be taken.

4.2. If the transaction is successful on the sides of both IQ Option and the IPS, customer support will provide the unique identification numbers (ARN, RRN) for the non-credited transactions.

1) Fill out the form Template 1.

2) Take it to the issuing bank’s processing department (the department responsible for processing payments, which may be called the processing center, payment services support department, bank card operations support department, etc.). The issuing bank should be able to use the ARN and RRN codes to track the withdrawal transactions. If the bank failed to track the transactions with the help of the codes, they should sign the document provided. This document should be sent to the IQ Option support team ([email protected]). Please do not forget to mention that the funds were not credited. IQ Option can forward this form to the IPS only if there is an official reply stating that operations were not processed or not found by the issuing bank.

Upon submission of the completed form from Template 1, an investigation will be opened with the relevant payment processing company and/or third party involved with the processing of your payment(s). It is important for you to note and acknowledge that such investigation is carried out by third parties outside of IQ Option’s control and is generally completed within 30 to 180 days. As such, IQ Option is unable to guarantee and/or influence the time period required for the completion of the investigation.

*ARN (Acquirer’s Reference Number) is a unique transaction code assigned by the acquiring bank.

*RRN (Retrieval Reference Number) is a unique transaction code assigned by the payment system.

Your withdrawal method will depend on the deposit method.

If you use an e-wallet to deposit, you will only be able to withdraw to the same e-wallet account. In order to withdraw funds, make a withdrawal request on the withdrawal page. Withdrawal requests are processed by IQ Option within 3 business days. If you withdraw to a bank card, a payment system and your bank require additional time to process this transaction.

Conditions may vary depending on location. Please get in touch with Support for precise instruction.

For every withdrawal request, our specialists need some time to check everything and approve the request. This is usually no more than 3 days.

We need to make sure that the person who makes a request is really you, so that nobody else can access your money.

This is necessary for the security of your funds, along with the verification procedures.

After that, there is a special procedure when you withdraw to a bank card.

You can only withdraw to your bank card the total amount deposited from your bank card within the last 90 days.

We send you the money within the same 3 days, but your bank needs some more time to complete the transaction (to be more precise, the cancellation of your payments to us).

Alternatively, you can withdraw all your profits to an e-wallet (like Skrill, Neteller, or WebMoney) without any limits, and get your money within 24 hours after we complete your withdrawal request. This is the fastest way to get your money.

Yes. You need to verify your identity in order to withdraw funds. Account verification is necessary in order to prevent fraudulent financial transactions on the account.

To pass the verification process, you will be kindly asked to upload your documents on the platform using the links given below:

1) A photo of your ID (passport, driver’s license, national ID card, residence permit, refugee identity certificate, refugee travel passport, voter ID) here. You can use our video tutorials for details.

2) If you used a bank card for depositing money, please upload a copy of both sides of your card (or cards if you used more than one to deposit) here. Please remember that you should hide your CVV number and keep visible the first 6 and the last 4 digits of your card number only. Please make sure that your card is signed.

If you use an e-wallet to deposit funds, you need to send us a scan of your ID only.

All the documents will be verified within 3 business days after you make a withdrawal request.

1) After a withdrawal request is made, it receives the “Requested” status. At this stage, funds are deducted from your account balance.

2) Once we begin processing the request, it receives the “In process” status.

3) Funds will be transferred to your card or e-wallet after the request receives the “Funds sent” status. This means that the withdrawal has been completed on our side, and your funds are no longer in our system.

You may see the status of your withdrawal request at any time in your Transactions History.

The time when you receive the payment depends on the bank, the payment system or the e-wallet system. It is approximately 1 day for e-wallets and usually up to 15 calendar days for banks. The withdrawal time could be increased by the payment system or your bank and IQ Option has no influence on it.

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Free Money

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We kept this for the end so you remember the kind of effort that goes into getting you the best bonuses available in Indian online casinos. At CasinoWebsites.in, we are able negotiators. We look for win-win situations to make sure you receive better welcome offers from the casino operators we recommend. This also means our list of casino websites and bonuses is pretty exclusive – created with player satisfaction in mind.

Exclusive Welcome Offers

A Welcome Offer is more of a jazzy ‘hello’ from a casino operator to its new user celebrating a signup or first real money deposit. This isn’t just a greeting or a reward; it is also an earnest appeal to the player to remain active on the website. Over the years, welcome bonuses have become an integral part of online gambling – one the casinos on the web do not want to do without. The reason is simple: it is one of the best ways to attract players, help them improve their odds, give a boost to their bankroll and thus, build trust.

While this is a generic concept within the industry, welcome offers vary from one casino to another because of the cutthroat competition. This apart, different players have different tastes based on which their preferences for this bonuses differ, too. This is why it is important to weigh your options before picking one. The bad news is punting could take a backseat while you ponder the possibilities and choices. The good news is casinowebsites.in can do this bit of work for you. Below is an exclusive list of welcome bonuses offered by select online casino operators in India and recommended by us.

How to Land a Casino Bonus

Bonuses in online casinos do not fall from the sky. You need to earn one with money, strategy, loyalty, and consistency. Putting in the money and learning new strategies is easy. But, being loyal and remaining consistent is the real job. Below are some surefire ways to land a casino bonus online.

Sign up with a new casino

Almost all Indian casinos offer some sort of welcome bonus or the other. Therefore, every time you create a fresh account with a new online casino, you are sure to receive one. There are numerous casinos on the web. So, make sure you do your homework thoroughly before choosing one. Look for signup bonuses or welcome offers without deposits and wagering requirements. Better yet, rely on us for objective reviews and unbiased recommendations.

Participate in running campaigns

Because the competition is intense within the gambling industry, online casino operators go to great lengths to maintain and expand their clientele. To that end, they organize promotional campaigns to offer special bonuses to their patrons. We at casinowebsites.in believe these casino campaigns are a golden opportunity to make an investment and get great ROI. While the casinos remain competitive, players can have the cake and eat it too.

Subscribe to the casino newsletter

When you sign up for a casino newsletter, you would receive the latest news and information about upcoming bonuses, promotional campaigns and so much more. All details will be mailed to you from time to time so you don’t have to worry about keeping tabs. This newsletter is your ultimate source for breaking news related to the industry. When you subscribe, you would always be on the right schedule and never miss an opportunity!

Subscribe to us

We highly recommend you subscribe to CasinoWebsites.in. While you can go about subscribing to different individual casinos, we are the roof under which you will find the best ones. Our research is thorough and surveys are unbiased so you don’t have to scour for authentic information. In a bid to bring you the latest news on the casino industry, we will also recommend the top deals and bonuses that might interest you.

Be a loyal customer

Like we mentioned earlier, loyalty and consistency are important when you want to land hefty casino bonuses online. The usual signup and first deposit bonuses aside, online casinos also offer rewards for dedicated and returning players. These include reload bonuses, free spins, cash backs, high roller bonuses, VIP bonuses and goodwill bonuses offered to punters who keep coming back for more and remain active. Trust is a two-way street after all!

Why You Should Always Claim the Casino Bonus Offers

Every casino website in India is almost always sure to greet you with a welcome bonus when you first sign up or deposit real money. It could be anything – from bonus money to free spins. This one works like that perfect icebreaker that relieves you of the inhibitions and motivates you to start punting.

A welcome offer is also a lucky chance for you to amplify your final winnings and come back for more. And, why just a welcome bonus? Online casinos brim with rewards that come along when you continue punting. It could be a cashback or reload bonus, high roller or goodwill bonus. Casinos on the web always make sure players have the scope to win big.

The question is should you claim your casino bonus or should you let it go? Is it worth your while? Is it a gimmick or just a stroke of luck? Apprehensions, we understand. Nevertheless, we at casinowebsites.in suggest you never miss an opportunity to claim your casino bonus online.

3 Reasons Why You Need To Claim A Casino Bonus

If It’s Free, Why Not?

Welcome bonus without the need to deposit real money or the associated wagering requirements is pure bliss. This is free money you are getting just to show up! You should grab it with both hands.

Play Often, Play Longer!

Even if you have already set a budget to wager, some extra cash never harms. Bonuses added to your casino account contribute to a fatter bankroll and offer more time on games without having to risk your own money.

Rake In The Moolah!

It is possible to make big money from casino bonuses because in most casinos, players are allowed to keep what they win – bonuses and winnings together. Why leave a bonus unclaimed and lose a chance to win more?

However, There Are Exceptions

You Have Won, But The Casino Won’t Pay You

If an online casino does not allow you to withdraw your bonus amount even if you have won it, it is no use claiming it. Not all casinos can afford to give money to new players straight away. There could be wagering requirements associated.

The Wagering Requirements Are Unrealistic

There are casino bonuses that come with wagering requirements that are impossible to meet and bonus terms that cannot be agreed to. As such, claiming a bonus becomes a far-fetched dream that is not worth dreaming.

Exceptions Don’t Make A Rule
Make Sure You Follow These Instructions Before Jumping Into Grabbing A Bonus

  • Research the online casino first and check the bonus terms and conditions.
  • Look for feedback from past players.
  • Read the reviews on casino operators and games on our website.
  • Avoid bonuses with wagering requirements that are impractical.

When in doubt, feel free to reach us at casinowebsites.in for help.

Everything You Need to Know About Wagering Requirements

Wagering Requirements are a set of rules that determine when a player can withdraw winnings from his casino account. In mathematical terms, it is a multiplier that stands for the cumulative monetary amount or playthrough that must be wagered and the minimum number of times a wager must be placed to claim the winnings.

For instance, if an online casino offers a bonus of 100 INR for an online deposit of 100 INR and a wagering requirement of 10X, wagering would work in any of the two ways depending on the online casino’s terms and conditions:

Wagering Requirement X Casino Bonus

=> 10 X 100 = 1000 INR

Wagering Requirement X (Deposit + Casino Bonus)

=> 10 X (100 + 100) = 2000 INR

In addition to this, wagering requirements also mention the time period in which you have to complete the wagering to claim the winnings and the maximum bet you can claim the bonus for.

What’s Fair?

  • Wagering requirement ranging between 20X – 35X your bonus amount.
  • Only bonus funds locked for wagering.
  • A minimum time period of 30 days to complete the wagering.
  • Casino games contributing to wagering (although this is not a common measure).

What’s Unfair?

  • Wagering requirement above 40X your bonus amount.
  • Bonus and deposit, both locked for wagering
  • A time period less than 30 days to complete the wagering
  • Casino games not contributing to wagering (although this is not an absolute measure).

Casino Games Contribute To The Wagering Differently

Some casino games contribute 100% while others only 5%. And then there are others that do not contribute at all. The terms vary from casino to casino, but the fundamentals remain the same. Here is a brief overview of how different casino games usually contribute to wagering requirements:

Slots 100% Blackjack 10%
Roulette 5% Baccarat 5%
Video Poker 30% Texas Hold’em 10%
Casino Hold’em 10% Oasis Poker 10%
Table Games 10% All Other Games 100%

What is a Casino Bonus?

When an online casino offers you something extra aside your winnings, it is called a bonus. It can be anything – real money, free spins, cashbacks, or other in-game rewards. If the bonus is in cash, the amount adds up to your winnings and can be withdrawn from your casino account easily. If it isn’t, it can be used while playing to improve your odds of winning.

A casino bonus is another way of attracting new players and encouraging the existing ones to keep punting. It could be a warm reception for a rookie and even admiration for a veteran player. They could be a token of appreciation for a high roller or a gesture of goodwill for a player who has lost it all.

Every bonus awarded is subject to specific terms and conditions which a player must understand before accepting. Casino bonuses online might be affected by factors such as wagering requirements and restrictions placed on withdrawal. They may come associated with the obligation to make a deposit or without it.

Whatever be their type they are always sought after. Bonuses make a fun way for punters to play a game for longer without risking their own money. This is why they are rarely abandoned or left unclaimed. However, accepting a bonus in an online casino game depends purely on personal preferences and the player’s bankroll.

8 Tips For Selecting The Best Casino Bonuses

  • Check the size of the bonus; bigger the better.
  • Scrutinize the wagering requirements; better if realistic.
  • Compare; if two deposit bonuses are of the same amount but one has 10X WR and the other 20X WR, choose the first.
  • Find out the match percentage; a 100% is the best.
  • Go for high payout ratios.
  • Play games with low to medium variance.
  • Look for no deposit, no wagering bonuses; they come without obligations.
  • Choose from our list of recommended bonuses; at casinowebsites.in, we are experts.

4 Tips For Cashing Out Casino Bonuses

  • Make sure you have met all the wagering requirements.
  • Let the bonus remain in your account for a day or two and then withdraw it.
  • Set a pot limit so you do not end up overspending your winnings.

Different Types of Casino Bonuses

It is easy to get overwhelmed by the sheer diversity of casino bonuses online. It’s a sea out there and you wouldn’t know which ship to sail on. Especially, if you are a new punter trying to figure out what works for you, chances are you would be baffled by the volume and variety. Fret not! Casinowebsites.in has it sorted for you. Below is what all those bonuses mean. Choose wisely!

Deposit Bonus

You receive it when you deposit real money to your casino account. A Deposit Bonus comes with additional benefits. For instance, when you make a deposit to unlock this bonus, you are indirectly putting in money to continue playing. In other words, you stand all the chances of winning and receiving the additional bonus amount at the casino.

Match Bonus

If you are a loyal player making regular deposits, you stand the chance of winning a Match Bonus someday. This one is another deposit bonus which is awarded to punters by matching their deposited amount to an online casino’s own, rupee for rupee. It usually comes with a unique bonus code, which needs to be used to claim the bonus.

Signup Bonus

This one is exactly what it says on the tin. As the name suggests, you would win a Signup Bonus when you sign up at an online casino in India that offers the same. This one is a Welcome Bonus that works much like an incentive to woo players. You can think of it as a red carpet rolled out to specially invite you and get you onboard.

Reload Bonus

A Reload Bonus works similar to casino welcome bonuses. It is given out to current players who have already deposited some money to their casino account. This one is like a reward for loyalty and directed at player retention. On a lighter note, you can think of it as a ‘welcome back’ bonus – one that coaxes players to keep on punting.

No Deposit Bonus

This one goes by another name called ‘free cash bonus.’ A No Deposit Bonus is awarded when a player signs up at a casino. It could sound like another Signup Bonus, but there is a difference. Casinos offering No Deposit Bonuses do not oblige players to make deposits. Also, such bonuses can be used without the player ever depositing real cash.

Casino Bonus Code

This one holds the secret key to unlocking rewards hidden in plain sight. A Casino Bonus Code can be either exclusive or auxiliary; it can come as a whole reward or accompany another bonus and add up to it. Whatever the case, this one is the gratuity you need when you wish to get your casino game upped and winnings amplified.

Wagering Free Bonus

Wagering Free Bonus or No Wagering Bonus is the kind of reward you win at an online casino that comes without any wagering requirement. Whatever you win is for you to keep. There is no minimum number of times for placing a bet before you can withdraw your money. The bonus adds up to your winnings and can be withdrawn together.

No Deposit No Wagering Bonus

This one is a double perk bonus with the goodness of No Deposit and No Wagering. It is exactly what it says on the tin. Players need not deposit real money or meet wagering requirements to win a No Deposit No Wagering Bonus. Just play the game, unlock the bonus, keep what you win, and cash out your winnings – casino cravings sorted!

Free Spins

Free Spins allow you to continue punting without risking your own casino money. Whatever you win, automatically sums up to your winnings and can be withdrawn with or without wagering requirements. Free Spin bonuses are usually associated with slot games and available in different forms as welcome, deposit, or reload bonuses.

Cash Back

This one is sort of a reward you receive when you are losing real money in a casino game. A certain percentage of your loss is refunded to you in real cash, either for a predefined time period or on a deposit you made. A Cash Back Bonus is a way of indicating the casino cares for its players and wants them to return and go back winning big.

VIP Bonus

If you ever receive a VIP Bonus, know that the casino operator adores you and notices your punting effort. This is its way of pampering regular punters and saying they matter. VIP Bonuses are a casino’s best rewards awarded in acknowledgement of loyalty and aimed at building long-lasting relationships with players. You have to be extremely lucky to win it!

High Roller Bonus

The whales and big fish in casinos always have a lot more money to spend than the average Joe. They are the high rollers – a defined class that has the ability to put in heaps of cash in a single session without qualms. Often, casinos have a soft corner for them and offer exclusive High Roller Bonus so they stand a chance at landing epic wins.

Good will bonus

If a player loses a lot of money or experiences issues while punting, a Goodwill Bonus might come his way. This one is a gesture of goodwill given by a casino and is a way of saying ‘better luck next time’ with a lot more compassion. Because the player leaves without an empty pocket despite the loss, he is likely to come back to punt again.

Why Do Indian Casino Sites Give Away Bonuses?

Who doesn’t love freebies? Especially when it is free cash! Especially when you can win it by simply having fun! Online casino operators in India understand this psychology very well. They leverage it to the utmost to stay combative in a highly competitive landscape. Indeed, in the world of gambling, a bonus always works wonders. Here is why:

  • Bonuses, especially those that are given away right when a punter signs up, make joining a casino worthwhile.
  • Free cash in the very beginning ensures playing at a casino is financially less stressful.
  • Casino bonuses allow Indian punters to spend some more time enjoying a game.
  • These freebies encourage punters to keep coming back for more.
  • Bonuses help casinos build loyalty and trust with players.
  • They are great for building brand repute and credibility.
  • Most of all, casino bonuses are a surefire way of making sure punters don’t go home with empty pockets

After all, there must be something for every player! Indians have always had a thing for gambling since time immemorial. To that end, online casinos have managed to satiate the players of this country. And, about bonuses? Well, that extra pani puri and dhania mirchi pudina is always welcome. So, why should a bonus rupee be left behind?

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