Wondering where to find information about Coral withdrawal times? Before signing up for Coral online, read our breakdown below, where we take a look at what withdrawal methods are available and how long you’ll be waiting for your funds from the bookie.

Method Min Max Processing Time Fee
£5 £20,000 Instant None
£5 £20,000 Instant None
£5 £20,000 Instant None
£10 *Not Specified Instant None
£10 *Not Specified Instant 2.5%
£5 £770 Instant None
Method Min Max Processing Time Fee
£5 Not Specified 1-3 Banking Days None
£5 Not Specified 1-3 Banking Days None
£5 Not Specified 1-3 Banking Days None
£5 Not Specified Within 8 Hours None
£5 Not Specified 1-3 Banking Days None
£5 Not Specified 2-4 Banking Days None

Coral offers a wide range of payment methods for deposits and withdrawals that keep them in line with the rest of the industry. You’ll find that they match the bookies with the fastest withdrawals such as bet365's speedy withdrawal times among other leading operators.

Coral Debit Card Withdrawals

The bookmaker offers debit card withdrawals via Visa, Maestro and Mastercard, and you’ll be pleased to know that Coral does not charge you for the service, unlike other betting sites.

There is a minimum withdrawal of £5 when using your debit card, although this can be altered by contacting customer support. So, there is some wiggle room there if you wish to withdraw a smaller sum. On the other hand, there is no maximum withdrawal listed by Coral when using your debit card online.

You can expect to receive your funds within 1-3 business days when using your debit card, although it can take longer depending on your chosen bank and their transaction speeds.

Visa Fast Funds Withdrawals

Coral also permits withdrawals through Visa Fast Funds. This service follows the same method of withdrawal as your typical Visa debit card, but instead of receiving your funds within 1-3 business days, you’ll get them within four hours. More good news — this is free of charge!

While the same rules apply for the minimum withdrawal of £5 (although, again, you can contact customer support if you wish to withdraw a smaller amount, depending on the case), they will consider allowing a withdrawal of less than £5. There is no listed maximum withdrawal when using Visa Fast Funds.

Apple Pay Withdrawals

You can also withdraw funds from Coral using Apple Pay, which takes 1-3 business days to transfer into your account. This payment method has a minimum withdrawal of £5, but the option of contacting customer support to reduce the amount is not eligible via these methods. Using Apple Pay to withdraw your funds is also free of charge.

PayPal Withdrawals

PayPal is one of the e-wallet options available for withdrawing funds from your Coral account online. It is one of the fastest withdrawal methods available as your funds will be transferred into your account within eight hours.

The minimum withdrawal is £5, but you can contact Coral to withdraw a smaller amount if you wish. Withdrawals using PayPal are also free of charge.

Bank Transfer Withdrawals

Bank transfers are also available from this betting site, although traditional bank transfers do take longer than other payments. You can expect to receive your funds within 2-4 business days when using a normal bank transfer. However, Coral also offers the option for instant bank transfers that are available through a number of banks online.

As the name suggests, you’ll receive your funds instantly using this method, although there is a maximum withdrawal of £5,000. Both methods have a minimum withdrawal of £5, but again, there is the option of contacting customer support for withdrawals of a smaller amount. These two payment options are also free to use.

Connect Withdrawals

Coral customers can claim their Coral Connect Card by visiting one of their physical stores in the United Kingdom. The card is free of charge and allows Coral users to deposit and withdraw funds to their account.

Using this card to withdraw funds is a seamless process and is instant as your funds go straight onto your card. The minimum withdrawal is £5 and of course is free of charge from all stores in the UK.

  1. Log into the Coral betting site or app.

  2. Click ‘My Account’ and then deposit.

  3. Select the payment method you wish to use.

  4. Enter your personal and financial details.

  5. Place a deposit worth at least £5 or £10 for PayPal.

  6. Confirm your deposit.

Note that you must use the same method for depositing and withdrawing funds from your Coral account.

As highlighted in our Coral review, when it comes to security, Coral is one of the leading operators in the United Kingdom.

The site ensures that your payment details during transactions are protected with the latest encryption software (TLS1.2) that has been certified by Digicert.

Coral also protects your personal data using two-way verification. Verified by Visa and Mastercard, SecureCode is available through Coral, where you use your protected password or code to complete transactions on the betting site.

Other verification methods through banks is also available before you make or receive payments online.

To add a payment method on this betting site, you will first need to place a deposit. The step-by-step guide below shows you how:

  1. Enter the Coral betting site or app and log in.

  2. Select Withdraw on your account settings.

  3. Choose your payment method.

  4. Enter the amount you wish to withdraw.

  5. Confirm your withdrawal.

Your payment method will be saved online with this platform, allowing you to select the same option when withdrawing funds from your account.

There are important terms regarding Coral's payment methods that you need to know before signing up.

Identification Policy

Coral requires a copy or photograph to prove your identification as per UK government regulations regarding fraud and underage gambling.

You must provide a copy of your passport, ID card, or driving licence. Coral aims to review your documents within 24 hours, and once verified you’ll be able to start betting online.

Same Payment Method Policy

You need to use the same method for deposits and withdrawals at Coral. So, if you deposit using your Visa debit card, you need to withdraw your funds using the same system.

Promotions Policy

If you’re signing up as a new customer, bear in mind you need to deposit via Visa or Mastercard to qualify for the Coral welcome offer. This will affect the way you can withdraw funds from your account in the future too.

Multiple Payment Methods Policy

You can use up to three types of payment methods to deposit and withdraw funds from your Coral account over a 30-day period.

Credit Cards Policy

Due to a policy that has been in place since 2020, you cannot use a credit card to deposit funds into your Coral account in the United Kingdom.

Fees Policy

There are no withdrawal fees on Coral, allowing you to use all withdrawal methods free of charge.

Minimum and Maximum Withdrawals Policy

Coral has a minimum withdrawal of £5 across all withdrawal methods, although that can be adjusted on request via customer support depending on your chosen payment method. There is no maximum withdrawal on Coral.

After a successful bet or a Coral cash-out, you’ll want to withdraw your winnings as soon as possible, but there are certain things that can slow this process down.

  • Are you using the same payment method? You must use the same payment method for both deposits and withdrawals. If not, your payment will not go through.
  • Timing. There is a chance that your withdrawal could be held up by the banks, who might not be open on certain times on weekends to process transactions.
  • Review. Coral takes at least 24 hours to review your withdrawal before it is processed and transferred into your bank account.
  • Large Withdrawals. If you are withdrawing a large amount from your account, it might take longer to process both from Coral and your chosen payment method.

The minimum withdrawal on Coral is £5, although you can request to withdraw a smaller amount using Visa, Mastercard, Maestro, PayPal, and bank transfers by contacting customer service, depending on your case.

There is no maximum withdrawal on Coral for all payment methods.

The fastest Coral payment methods for withdrawals are instant bank transfers and Coral Connect Cards.

Coral can take up to 24 hours to process withdrawals internally before releasing your funds. You will then receive your funds either instantly or up to four days, depending on your chosen withdrawal method.

Coral is one of the fastest withdrawal betting sites, offering a wide range of payment methods that give you the chance to receive your funds quickly and securely. It is one of the best operators in the business for affording customers choice and speed.

WRITTEN BY Ben Gibson
View all posts by Ben Gibson

Ben has been writing professionally for over a decade. His articles are a great outlet for his inexhaustible supply of sporting facts and enthusiasm. He resides in Yorkshire, where his work is powered by the ever-present sound of a kettle.

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