Testing Casino Friday: Are Instant Banking Withdrawals True to Their Name?

Eager to lay hands on their winnings as soon as possible, players mainly opt for e-wallets and cryptocurrencies. Yet, that doesn’t mean that other banking methods cannot deliver efficient cashouts.

Curious to see how things stand with Instant Banking, our “From the Players for the Players” team tasked the tester to visit Casino Friday. Our objective was to check whether this particular payment option deserves to bear such a promising name.

Highly likely a fan of coincidences, our tester, who’s so far brought us first-hand insights from a solid number of Finland-friendly online casinos made a deposit on Friday. Having registered and verified his account a while ago, he skipped the registration and ID verification procedures.

As usual, before introducing you to each and every single detail, we’d like to share the milestones of our tester’s journey with you:

• Tester of the day: Punakontti
• Registration date: Already a member
• Deposited 200 EUR via Instant banking on May 12, 2023
• KYC not done on this occasion as the account is already verified
• Withdrawal of EUR 50 via Instant banking requested on May 14, 2023
• Withdrawal of EUR 50 via Instant banking received on May 15, 2023

Though on the surface instant banking doesn’t quite justify the “instant” part of its name, one day doesn’t seem like a long waiting time. Worth clarifying is that the tester requested the cashout on Sunday, which additionally confirms that the processing and finalization of the withdrawal were quite rapid.

If you are interested in taking an even closer look at details from this insightful investigation, stay with us for the full Casino Friday test report!

Casino Friday Overview

Licensed by multiple renowned iGaming regulators, Casino Friday runs a business in accordance with the most rigorous standards. Equipped with VISA, Mastercard, Skrill, Neteller, Trustly, Bitcoin, and many other banking methods, it gives players lots of flexibility with payments, promising “fast deposits” and “fast withdrawals”.

In partnerships with countless premium-quality developers such as Pragmatic Play, Hacksaw Gaming, Nolimit City, Playson, Yggdrasil, Thunderkick, and others, it accommodates the most colorful selection of games. Packed with a multiverse of promotional campaigns, this place is all about incentives and extended gaming sessions.

An interesting curiosity about this brand is that it’s the first operator Livespins, a forward-thinking streaming specialist, joined forces with. The deal was announced in November 2021, opening a new chapter for both companies.

Registration and KYC

Being an existing member of Casino Friday, our tester didn’t have to go through the sign-up procedure this time. Joining the platform is quite simple, as all it takes is to follow the steps and complete the form.

Identity verification was not done during the test either, as the account was already verified. According to the relevant Terms, the operator has the right to request documents so to verify the player’s identity, age, and place of residence. In addition to this, a player is required to provide ID docs whenever depositing or withdrawing EUR 2,000 or more in cumulative transactions.

Deposit

As we hinted in the intro, the tester seems to be a fan of coincidences, as he decided to fund the account on Friday, May 12, 2023. He wanted to deposit EUR 200 via Instant Banking.

Upon entering the desired amount of money, he was offered to select the bank through which the transaction will be facilitated. His choice was S-Pankki. The money landed on his casino balance in less than a minute.

Keep in mind that the available methods for both deposits and withdrawals differ from one country to another. Those usually encompass VISA, Skrill, Neteller, Paysafecard, CoinsPaid, bitpace, and Bank Transfer. The minimum amount to deposit starts at EUR 10. No fees are applied. 

Gameplay

Having successfully replenished the account, the tester went on to explore some games. His first choice was The Race, followed by Disturbed and Bonanza. The next in line was Vikings Video Slot which brought him a mega win of EUR 64.80 and shortly after another one of EUR 25.60.

Two days later, on May 14, 2023, he explored Safari Gold Megaways and Fruit Case, after which he launched Dead or Alive. He launched Motörhead Video Slot and then played Nice Catch Doublemax. Curious Cases: Fury of Hyde Megaways.

Withdrawal

After trying luck with multiple theme-wise diversified slot games, our tester made a request to withdraw. He wanted to withdraw EUR 50 via the same method he used to fund the account.

The transaction was approved instantly, and the money arrived in his account a day later, on May 15, 2023. This marked the end of our tester’s extensive investigation.

Withdrawal methods are more or less similar to those for deposits. Cashouts are always returned to the same method as the one a player used to replenish the account.

The minimum amount starts at EUR 20, while the max is EUR 4,000 per transaction. If a player wants to withdraw €20,000 or more over a period of 30 days or less, the company also reserves the right to pay out the winning in installments over time.

No fees are imposed on any method. However, the Terms say that the company may add an administrative charge in case a consumer request withdrawals in excess of 7 individual transactions over a rolling 7-day period, for any transaction in excess. The said document also indicates the following:

“§4.3 We may charge fees for processing monetary transactions. If such fees apply, they will be clearly communicated to you during the process. However, it is your responsibility to be aware of any additional fees and charges that may be applied by your bank or other payment service provider.”

Card payments can take 1-5 working days while e-wallets are instantaneously processed once approved by the casino’s payments team. Immediate bank transfers take between 2 to 5 business days, whereas crypto ranges from instant to up to one day. All deposits need to be wagered at least 2x before the withdrawal is possible.

Conclusion

Based on the insights the tester shared with us, no weaknesses were discovered at Casino Friday. The operator performed well, especially in the most sensitive segment- withdrawal processing. Our tester had the transaction approved instantly, and the money arrived the next day, which is in line with the Terms.

Have you had the opportunity to play some games at Casino Friday and withdraw some winnings? Which payment method did you use? Was your transaction equally smooth? We’d like to hear from you, so don’t hesitate to share your thoughts and comments with us! Gamble responsibly!