How to Withdraw from Hollywoodbets in South Africa? Our October 2023 Complete Guide

After completing the necessary steps, i.e. Hollywoodbets registration, Hollywoodbets deposit process and placing a successful bet, bettors need to understand how to withdraw from Hollywoodbets. In short, the Hollywoodbets withdrawal process enables users to transfer money from the operator to their bank account. This article examines the different withdrawal methods and how to withdraw from Hollywoodbets South Africa.

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How Do I Make a Withdrawal from Hollywoodbets in South Africa?

The operator allows you to withdraw via its Hollywoodbets app and official website. The three main Hollywoodbets withdrawal options are:

• Branch withdrawal
• EFT
• Cash Send

Each of these Hollywoodbets withdrawal methods has its own withdrawal process, which is explored below. 

💵 How to Withdraw from your Hollywoodbets Account using Branch Withdrawal

Follow these steps to withdraw from Hollywoodbets using a brick-and-mortar branch successfully:

1. Visit any Hollywoodbets branch with your ID document or passport for verification.
2. Request a withdrawal form from the cashier.
3. Complete the form with the necessary information, including the amount you wish to withdraw.
4. Submit the completed withdrawal form to the cashier.
5. You will receive the funds in cash once the cashier processes your withdrawal request.

💵 How to Withdraw from your Hollywoodbets Account using Online Withdrawal

Here’s the procedure for making a Hollywoodbets EFT withdrawal:

1. Log in to your Hollywoodbets account using your username and password.
2. Click on the My Account tab.
3. Select Withdrawal. 
4. Enter the withdrawal amount and a reference.
5. Tap the Submit button to submit your withdrawal request.
6. Once verified, the withdrawal should reflect in your bank balance.

Before using these Hollywoodbets withdrawal methods, ensure you have entered the correct bank details in your Hollywoodbets Account section.

💵 How to Withdraw from your Hollywoodbets Account using Cash Send

There are four distinct choices for making a Hollywoodbets Cash Send withdrawal:

• Standard Bank Instant Money
• FNB eWallet
• ABSA Cash Send
• Nedbank Send-iMali & MobiMoney

Known as Electronic Funds Transfer (EFT), these four major banks in South Africa all follow one Hollywoodbets withdrawal process. Below is a look at how to withdraw from Hollywoodbets using Cash Send.

1. Log in to Hollywoodbets.
2. Go to the My Account tab and select Withdrawals.
3. Choose the Cash Send option.
4. Enter the amount you wish to withdraw and your phone number.
5. Tap the Submit button to initiate the withdrawal process.
6. Next, you will receive a confirmation message from Hollywoodbets, which includes a voucher number and a PIN.
7. Visit your bank’s ATM to finish the withdrawal process.

For the Standard Bank Instant Money, you will receive a voucher code and a pin, and you can use it to withdraw at Standard Bank ATMs, SPAR, Rhino Cash and Carry, Cambridge Food Stores, and other participating stores.

With FNB eWallet, you will first receive an SMS from FNB. Then you must dial *120*277# on the number registered on your Hollywoodbets account and choose Option 1 for Hollywoodbets. Now, create a 5-digit pin which you can use at an FNB ATM to withdraw money.

Using ABSA Cash Send, you will receive an SMS with a 10-digit reference number. You must enter it at the ABSA ATM with the Hollywoodbets reference code 123456 to receive the money. The pin is valid for 24 hours.

Finally, bettors using Nedbank Send-iMali and MobiMoney will receive an SMS with a pin to enter at any Nedbank ATM and complete the withdrawal request. 

What are the Different Ways to Withdraw from Hollywoodbets in South Africa

Now it’s time for a closer analysis of the Hollywoodbets withdrawal methods after going through their respective Hollywoodbets withdrawal process. 

✅ Land-based Branch

The maximum withdrawal amount permitted for withdrawal is R10,000. But it is also dependent on the cash available at the branch. The Hollywoodbets withdrawal time is instant, as the cashier just has to verify your account before allowing the payment.

✅ Online 

It is essential to provide Hollywoodbets with your banking details before you may submit a withdrawal request. Reasonably quick, your withdrawal takes a few minutes to land in your bank account. There are no Hollywoodbets withdrawal fees for using this practice.

The minimum withdrawal amount required is R50, and the maximum is R3,000.

✅ EFT

Electronic Funds Transfer (EFT) allows users to take out their money from their betting account to different South Africa. These withdrawal options rely on withdrawing via ATMs. The Hollywoodbets withdrawal time for this channel is 24 hours; however, it also depends on the partner bank’s operating capacity.

The daily withdrawal amount ranges from R100 to R3,000, and the monthly maximum is R25,000.

Hollywoodbets Withdraw Methods	Average Processing Time	Withdrawal Limit
Branch	Instant	R50 – R10,000
Online	Few minutes	R50 – R3,000
EFT	24 hours	R100 – R3,000

If you encounter any Hollywoodbets withdrawal problems, you may contact the withdrawal WhatsApp number or utilise the withdrawal email.

Restrictions and Conditions for Withdrawing from Hollywoodbets in South Africa 

Due to the sensitive nature of withdrawing money, certain Hollywoodbets withdrawal rules need to be met before it is processed. This prevents fraud or misplaced funds. 

Listed below are some restrictions and conditions for withdrawing from the operator.

🔐 FICA verification

Hollywoodbets requires that all players complete the FICA verification before approving any withdrawals. This includes uploading your financial details on the Hollywoodbets site. It is a security measure against fraud that all licensing authorities require.

🔐 Minimum withdrawal amount

Bettors are required to meet the minimum withdrawal amount to receive their funds – it varies based on the chosen Hollywoodbets withdrawal options. Similarly, there is a maximum daily and monthly withdrawal limit daily. You can’t exceed the maximum amount limit even if you submit multiple withdrawal requests.

🔐 Bonus restrictions

If you claim a bonus or promotion, you need to meet its specific wagering requirements before you can withdraw. These are usually mentioned in the terms and conditions. Fulfilling the wagering requirements helps prevent money laundering by requiring players to engage in actual gameplay. 

🔐 Account balance restrictions

The operator will restrict if a player has an outstanding balance on their account. This occurs when you try to withdraw more than the money balance on your Hollywoodbets account. Always cross-check that you have the necessary amount in your account to withdraw.

🔐 Account irregularities

When the bookmaker notices irregular activities with your account, your account could be blocked. Irregular activities could be your betting pattern or your deposit pattern. You will be required to verify your account again before you can submit a withdrawal request.

🔐 No third-party withdrawal

In the same way that you can’t deposit using a third-party account, you can’t also withdraw to a bank account that is not yours. For online withdrawals and EFT, you must go to your account and enter your bank account, bearing the same name as the name on your Hollywoodbets account. If the names don’t match, the withdrawal request will be denied.

❓ To Conclude – Withdrawal with Hollywoodbets in South Africa

This article has completely examined the available Hollywoodbets withdrawal methods and how to withdraw from Hollywoodbets. In addition, it covered other information, such as the different conditions and rules to abide by to prevent any Hollywoodbets withdrawal problems. 

Visit our Hollywoodbets review to learn more about the bookmaker.

Hollywoodbets Withdrawal – FAQs

Do you have more questions about the Hollywoodbets withdrawal process? Then read these commonly asked questions or contact the operator via the Hollywoodbets withdrawal Whatsapp number or Hollywoodbets withdrawal email.