According to our Terms and Conditions, all withdrawal payments shall be approved by the website within 24 hours. However, some withdrawals may be slightly delayed depending on the withdrawal method you are using, and your bank's clearance time (especially during weekends and holidays). In some cases, it may take up to 7 days for you to receive the funds. To ensure smooth execution of your withdrawal requests, please ensure that you have provided us with all the necessary information regarding the validation of your account.
CannonBet shall pay any withdrawal to the account and use the method used for the Player's deposit. Any withdrawal requests to a different account will be approved at the discretion of CannonBet, and CannonBet reserves the right to reject such requests. Players have a variety of online withdrawal methods from which they may withdraw winnings. To check the relevant withdrawal methods please go to the withdrawals section of your account.
In order to receive your winnings via any of the websites' withdrawal methods, you must first make at least one deposit using that payment method.
Notwithstanding the aforementioned, CannonBet shall have the exclusive right, at its absolute discretion, to make any transfer to a Player using the payment method of CannonBet's choice.
CannonBet will only process a withdrawal request from a Player after:
• The Player's identity and the account have been verified.
• Satisfactory proof of deposit has been provided if requested by CannonBet.
• CannonBet has confirmed that the Player has not made any chargeback with regards to CannonBet.
Withdrawal transactions will be subject to CannonBet carrying out a "Know Your Client" verification process to prevent money laundering. Suspicious transactions will be reported to the relevant authorities.
CannonBet reserves the right to carry out additional verification procedures for the following reasons:
• When a Player deposits or stakes €/$/£2,000 during any period of 24 hours.
• For any payout exceeding the equivalent of €/$/£1,000 or cumulative withdrawals exceeding €/$/£2,500, the right is further reserved to carry out such verification procedures in case of lower payouts. Such verifications may for example include copies of a Player's passport and/or copies of a Player's utility bills.
Should CannonBet need to carry out additional verification processes described above, a withdrawal payment to a Player will only be made after the verification processes have been completed.
There is usually no charge by CannonBet for bank wire transfer withdrawals, however, this is subject to change, should an administrative fee be required by the local bank. Your bank may make a charge for handling the bank wire transfer. Please contact your local branch regarding this information provided. For security reasons, you may need to provide documentation to allow the bank wire transfer to be processed. We may need the complete bank address including postal code and country details. Please include the full International Bank Account Number. This will be on your bank statement. Please include the full Bank Identifier Code. This will also be on your bank statement. This must match exactly with your name on the bank account.
CannonBet may charge a withdrawal fee to cover administrative costs if your deposit is NOT rolled over at least once.
Withdrawals will be processed to active or open accounts only.
Withdrawals can only be made in the name of and to the registered account holder. The maximum withdrawal per day is €10,000.
If the value of a deposit is NOT played through in full before a withdrawal is requested, CannonBet reserves the right to reject the withdrawal. If the value of a deposit is played through in full, CannonBet still reserves the right to make a charge to the Player's account to cover all reasonable costs relating to both the deposit and withdrawal depending on the deposit/withdrawal methods.
Withdrawal requests are also subject to bonus Terms and Conditions. Each bonus is subject to Terms and Conditions which are listed in promotional emails and on the CannonBet website. If a Player requests a withdrawal before the rollover requirements of the bonus has been entirely met, CannonBet will deduct the entire bonus amount as well as any winnings from the use of the bonus amount before approving any withdrawals.
During the process of CannonBet validating a withdrawal, you have the possibility to cancel your withdrawal request at any time by accessing the "Pending Withdrawals" section of your account. By canceling a pending withdrawal request, the amount will be transferred back to your Player Account balance. Once the withdrawal request has been validated and the payment is made no cancellations are allowed.
The Player is allowed to withdraw funds from their Account only if their Account has not been involved in what CannonBet considers to constitute any suspicious activity. If suspicious activity is detected, the Account will be suspended until an investigation is carried out and any documentation required is collected from the Player. While the Account is suspended any funds on the Account will be frozen. Once the investigation is terminated, the Account may be restored to normal or it may be closed and any funds which are not in dispute returned to the Player. In the event that your Account is under investigation, we reserve the right to withhold any withdrawal request until such investigation is completed to our satisfaction.