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GRANTEYE
23 Mar 19 09:42
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Date Joined: 12 Aug 03
| Topic/replies: 13 | Blogger: GRANTEYE's blog
help needed betfair will not let me withdrawl my winnings they are saying  i have reached my limit due to net deposits ?????

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Replies: 5
By:
detraveller
When: 23 Mar 19 12:39
Post the exact msg they give you.
By:
detraveller
When: 23 Mar 19 12:51
My guess is you have the issue where you need to withdraw your money to payment method you used to deposit that money.

For instance, you deposit the following amounts using these payment methods:
Visa: 100€
Bank: 100€
Paypal: 100€

Now let's say your account today stands at 500€ and you want to withdraw it all to your Bank account. You will only be able to withdraw 100€ at first. Then you will be told you've reached the limit on net deposits. To get past this limit, you will have to send the 100€ each back to Visa and Paypal before you can continue withdrawing to your bank account. Basically the money has to go back to the correct source.
By:
Latalomne
When: 23 Mar 19 13:42
Yep, an anti-money laundering measure.
By:
posy
When: 23 Mar 19 14:28
But if you no longer have one of the cards just ring or live chat them and they'll sort it for you.
By:
detraveller
When: 24 Mar 19 11:44
Yes. Just tell them that you don't have that payment method available. They will cancel it and let you withdraw to your preferred method. Anti´money laundering measure, but they also say it helps you in case your account gets hacked as the hacker will have to withdraw to the same source the money came from, which will be your own account.
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