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OLG Withdrawal Methods – How to Withdraw on OLG in Ontario

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If you want to learn about OLG withdrawal methods, you’ve come to the right place. In this article, we’ll share the available withdrawal methods on the betting site and provide step-by-step instructions on how to use them.

OLG Withdrawal Methods in Ontario

As one of the best Ontario Online Casinos, OLG offers players in Ontario a convenient channel to cash out their winnings. The table below summarizes the OLG online casino withdrawal option.

Withdrawal MethodsMinimum WithdrawalMaximum Withdrawal Withdrawal TimeWithdrawal Fee
Bank accountC$2Not stated2 to 5 daysFree
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OLG Withdrawal Methods Explained

We’ve found that OLG is one of the best betting sites in Canada, thanks to its secure and reliable method of cashing out your winnings. Find out more details about the OLG proline withdrawal method below:

Bank Account

At OLG online casino, a bank transfer is the only withdrawal option. It’s a secure and efficient method that allows you to transfer your winnings to your linked bank account. Our OLG online casino review found that the platform allows a minimum withdrawal amount of C$2. This process is free and typically takes two to five days to receive payment. 

Although the OLG withdrawal time seems too long, many punters love this platform due to the guaranteed secure online transactions. In addition, the lack of withdrawal fees and ease of use make this method a great choice.

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How to Withdraw on OLG

The OLG online casino withdrawal process is straightforward. You’ll receive the funds through the Electronic Fund Transfer, which is then deposited directly into your bank account.

After completing your OLG registration, depositing funds, placing bets and winning, you must add your bank account to the platform to withdraw your funds. Note that this registration is a one-time process, provided that you don’t change the bank account. So how do you get started? Here are easy steps you need to follow:

  1. Register your bank account with the same name as your OLG betting account and provide other supporting documentation. These will help verify your identity.
  2. When every document is ready, navigate to “My Balance” in the homepage’s upper right corner, just next to the player icon. Click the balance amount and select “Withdraw Funds.”
  3. Gather important documents like a cleared, void, or bank statement. Bank account details are also needed, and these include the following:
  • Banking institution number (3 digits)
  • Branch transit number (5 digits)
  • Account number up to 12 digits).

After filling in all the information required, click “Next.”

OLG Withdrawal Ontario
  1. Here, you must enter your transit, account number, and banking institution in the given field. You’ll click “Next” to save the information you’ve shared and to proceed to the next step.
Withdrawal page
  1. Upload your documents containing your name, banking details, and address. If your bank documents lack the address, you can still send them, but a piece of phone or utility bill bearing your name and address must follow. Click “Add File” to proceed with the uploading process. Once you’ve uploaded everything, hit the “Next” button.
Upload your supporting documents
  1. Confirm if the information you’ve shared is correct before submitting it for review. If all the details are accurate, click the “Submit” button.
Review your information
  1. After verifying your document, you must enter and submit the amount within the OLG withdrawal limit. At this stage, your request is pending approval. As one of the best sports betting apps in Ontario, you can scroll down to the “Pending Withdrawal” section to confirm your request.
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OLG Withdrawal Time: How Long Does OLG Withdrawal Take?

The OLG withdrawal time varies for several reasons, including bank processing time and document verification. Generally, this process takes two to five business days.

OLG Withdrawal Issues  

Although OLG is one of the best Ontario sports betting sites offering secure payment methods, some users still complain during withdrawals. Here are a few common OLG withdrawal issues some punters encounter:

Delays in Processing Times

Many players using this platform encounter delays in cashing out their winnings. Two to three business days is usually quite long for a player who needs emergency money. The delay is usually caused by high transaction volumes, but we hope the platform will improve this soon.

Rejected Withdrawal Requests

Another notable issue at OLG online casino when requesting payout is the rejection of requests. Players sometimes make errors when submitting their banking or other personal details. 

So, after waiting for over 48 hours, they may get a rejection message stating that the information was incomplete or incorrect. To avoid this, use your OLG login details to access your account and confirm if the OLG proline withdrawal banking information is up-to-date.

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Change of the Banking Account

Players may want to change their bank accounts for many reasons. This issue can lead to delays in OLG deposit or withdrawal. 

Note that when you update your bank account information, you must go through the OLG withdrawal verification process again. To avoid this, consider verifying your bank account in advance so you may not experience delays when withdrawing.

Conclusion – How to Withdraw on OLG

In summary, withdrawing your winnings from OLG Ontario is straightforward, provided that you follow the right procedure. You can claim your winnings using the OLG app or website.

There’s only one option, but it’s easy to use and highly secure. While the OLG withdrawal time might be lengthy compared to competitors, the secure and reliable transaction makes it a great choice. 

To conclude this guide, here is a table showing the pros and cons of withdrawing from OLG Lottery.

Withdrawal Method✅ Pros❌ Cons
Bank transferSecure payment methodPayments could be slow
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OLG Withdrawal FAQ

How long does it take for OLG to withdraw?

The withdrawal processing time ranges from two to five days. This waiting time depends on whether you’ve shared all the important documentation. The bank processing time might also cause delays.

How long does it take to collect winnings from OLG?

The platform usually takes a few business days to ensure the information you’ve shared is accurate. This is for new members; any subsequent withdrawal request can be made within 48 hours.

Can you get money back from OLG?

Withdrawing funds from your OLG account requires you to register a bank account if you don’t have one and submit documents for OLG withdrawal verification. Apart from bank document verification, you must also send proof of address. You can send a utility bill, phone bill, or any other relevant document. 

What payment methods are available for OLG?

Currently, the betting site offers bank transfers as the only withdrawal method.