Introduction:
FanDuel is an amazing sports betting platform. It is very famous among sports bettors in the United States of America. It has many amazing and innovative features. You can win a handsome amount of money here. And you can withdraw it anytime you want to. But sometimes FanDuel puts your withdrawals in pending. It can be really frustrating. It can be more frustrating if you are in dire need of money.
Don’t you know why your FanDuel withdrawal is pending?. You need not to worry. In this simple article, I will be giving you all the details about the reasons behind FanDuel’s pending withdrawal. I will also be giving you information about the steps by following which you can handle it. Then what are you waiting for?. Let’s begin the discussion!
Common Reasons for a Pending FanDuel Withdrawal:
FanDuel can put your withdrawals in pending for many reasons. Some of these reasons include:
Verification Process:
One of the main reasons due to which FanDuel put your withdrawals in pending is your verification process. FanDuel needs to verify your identity. This is a very important step and they do it to make sure that your account is legit and secure. This is a normal procedure. This is more normal especially if you are having your first withdrawal. This verification process helps them to prevent fraud. It also helps them to make sure that all of their users are legitimate.
Bank Processing Time:
Another common reason due to which your FanDuel withdrawal is pending is the bank processing time. This is actually the time banks take to process your transaction. FanDuel uses a modern withdrawal system so it processes your withdrawals quickly. But your bank can take a few days to reflect that amount in your bank account. This delay depends on the processing policies of your bank. And these policies are beyond FanDuel’s control.
Payment Method Issues:
You can face the pending withdrawal issue due to your payment method as well. The payment method you choose has great effects on your withdrawal times. If you use a method that takes more time to process, then your withdrawal can go in pending mode. One of such methods is a bank transfer, where your withdrawal can remain pending longer. So you can use E-wallets and prepaid cards for a faster withdrawal.
Withdrawal Limits:
FanDuel has specific withdrawal limits for all of its users. If you request a withdrawal that is exceeding your limit, then it can be flagged. And FanDuel will put it on hold for further review. The platform does it to maintain the security and to prevent unauthorized transactions.
Unsettled Bets:
If you have unsettled bets in your FanDuel account, then they also cause your withdrawal request to be delayed. Remember that FanDuel will not process your withdrawal until all of your bets are settled. So you should make sure to check your account. And you should confirm that all of your active bets have been resolved before requesting a withdrawal.
How Long Does It Take for a FanDuel Withdrawal?.
If you understand the time frame for a FanDuel withdrawal, then it will help you to manage your expectations. Usually, your FanDuel withdrawals can take anywhere from 24 hours to five business days. But this time frame depends on the method you are using. Some of these methods and the time they take are listed below:
- PayPal and Venmo: 24-48 hours
- Online banking: 3-5 business days
- Debit card: Up to 5 business days
- Checks: Up to 10 business days
If you requested a FanDuel withdrawal, and it is still pending beyond this time frame, then you should contact the customer support. They will give you further assistance. And they will solve the issue of your pending withdrawal.
How to Speed Up a Pending Withdrawal on FanDuel:
You can speed up your FenDuel withdrawal by following some specific tips. These tips include:
Complete Account Verification:
First of all you should make sure that your account is fully verified. And then you should request a withdrawal. To do it, you should submit the proof of your identity and any other required documents. And FanDuel will verify your account. If you have a verified account, then you will less likely face delays when processing your withdrawal request.
Choose Faster Withdrawal Methods:
If you want to avoid a pending withdrawal for an extended period, then you should choose a faster payment method. You should go for the PayPal and Venmo options. They are generally the quickest options for faster withdrawals. They usually take less time as compared to the traditional bank transfers or checks.
Check for Unsettled Bets:
You should make sure there are no unsettled bets in your account. And after that, you should initiate a withdrawal request. Remember that your withdrawal will only be processed once all your pending bets are resolved. So you should keep an eye on the status of your bets to prevent any unnecessary delays.
Avoid Large Withdrawals:
You should avoid large withdrawals because it can trigger additional reviews. These additional reviews can lead to further delays. If you want to prevent this, then you should break up your withdrawal into smaller amounts. This will help you to speed up your withdrawal process. It will also help you to reduce the chances of getting a pending status.
When to Contact FanDuel Support:
If your FanDuel withdrawal is pending for a longer time, then you should reach out to FanDuel’s customer support. They are very cooperative. They will provide you with information about the reason for the delay. They will also guide you about any actions that you should take to solve your problem.
When you are contacting their customer support, then you should make sure that you have the following information ready:
- Your account details
- Your identity information
- The amount you are trying to withdraw
- The date of your withdrawal request
- Any relevant documents for verification
FanDuel’s support team can ask you for any of the above documents. Provide them with the relevant documents. And they will assist you in resolving any issues regarding your pending withdrawal.
How to Avoid Future Withdrawal Delays on FanDuel:
You can avoid the issue of pending withdrawals by following the tips below:
Keep Information Updated:
First of all you should make sure that all of your account information is updated. This information includes your personal information and your payment details. If you have incorrect information, then it can lead you to delays. It can lead you even to the denial of your withdrawal requests.
Follow FanDuel’s Rules:
You should make sure to follow all of FanDuel’s policies. It is very important if you want to avoid any complications. If you follow the rules and keep your account verified, then you will not face issues when you are withdrawing your funds.
Plan Your Withdrawals:
If you need your funds quickly, then you should plan your withdrawals accordingly. You should choose a faster method like PayPal. You should avoid putting withdrawal requests on weekends or public holidays. Avoid all of these things as they can increase the processing times of your withdrawals.
Conclusion:
FanDuel is a popular sports betting platform. It offers different types of sports betting options. You can bet here and can win a nice amount of money. But sometimes FanDuel puts your withdrawal request on hold. And it can be really irritating. If you understand why your FanDuel withdrawal is pending, then it can save you from this unnecessary frustration. The most common reasons for a pending withdrawal include verification issues and bank processing times. It can also include unsettled bets and payment method problems. Moreover, you should make sure that your account is verified. You should also choose a faster withdrawal method and comply with FanDuel’s rules. All of these things will make your withdrawal process as smooth as possible. If you still face any delays, then you should contact the customer support for further help.
FAQS:
Q: Why is my FanDuel withdrawal pending?.
Ans: It can be due to many reasons. Some of these reasons include your verification processes, your bank delays or your unsettled bets.
Q: How long does a FanDuel withdrawal take?.
Ans: It can take anywhere from 24 hours to five business days. Remember that this thing depends on your withdrawal method too.
Q: Can I speed up a pending withdrawal on FanDuel?.
Ans: Yes. You can speed up your pending withdrawal by verifying your account. You can also do it by using faster withdrawal methods like PayPal or Venmo and ensuring that all of your bets are settled.
Q: Should I be concerned if my withdrawal is pending?.
Ans: Usually, no. Pending withdrawals on FanDuel are normal and they are part of the process. But, you should contact the customer support if it takes longer than expected.
