Mozzartbet withdrawal strategies for bettors in Nigeria.XC

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There are many Mozzartbet withdrawal options for punters in Nigeria. Mozzartbet is a global brand that operates in Nigeria as Mozzartbet Services Limited. The bookmaker commenced operations in 2021 under a licence from the National Lottery Regulatory Commission. This guide provides sufficient information on the withdrawal methods at Mozzartbet NG, their limits, processing time and fees. You’ll also learn how to cash out funds. Keep reading to learn them.

How to Make a Withdrawal from Mozzartbet?

The withdrawal steps at Mozzartbet Nigeria are straightforward, and they are as follows:

  1. Complete account registration at Mozzartbet or sign in to your existing account if you have one
  2. Click/tap the account icon on the homepage and select ‘Withdrawals’
  3. Choose your withdrawal method of choice
  4. If you opt for OPay withdrawal, enter your phone number and amount and click/tap the ‘Withdraw’ button. Authenticate the transaction on the next page and await your funds.
  5. If you go for the bank transfer payout, choose your bank from the dropdown menu, enter account number, amount and click/tap the ‘Withdraw’ icon. withdraw paystack
  6. Your funds will arrive according to the payout time.

What are the Withdrawal Methods at Mozzartbet Nigeria?

Our expert has found that Mozzartbet Nigeria has two general withdrawal methods: OPay and bank transfer. The OPay method is tied to your OPay account and OPay wallet, so it’s easy. 

The bank transfer method has an extensive list of different financial institutions in Nigeria. The institutions include regular commercial banks, microfinance banks, mobile money operators, payment switching and processing companies, etc. You’ll find payout information in the table below, including withdrawal limits, duration and fees.

Withdrawal Method Minimum Payout Maximum Payout Transaction Fees Processing Time
OPay ₦1,000 ₦200,000 None Instant
Paystack ₦1,000 ₦5,000,000 ₦50 Up to 24 hours
Paga ₦1,000 ₦5,000,000 ₦50 Up to 24 hours
PalmPay ₦1,000 ₦5,000,000 ₦50 Up to 24 hours
MTN MoMo PSB ₦1,000 ₦5,000,000 ₦50 Up to 24 hours
Moniepoint MFB ₦1,000 ₦5,000,000 ₦50 Up to 24 hours
VFD MFB ₦1,000 ₦5,000,000 ₦50 Up to 24 hours
Kuda MFB ₦1,000 ₦5,000,000 ₦50 Up to 24 hours
Guaranty Trust Bank (GTB) ₦1,000 ₦5,000,000 ₦50 Up to 24 hours
First Bank ₦1,000 ₦5,000,000 ₦50 Up to 24 hours
First City Monument Bank (FCMB) ₦1,000 ₦5,000,000 ₦50 Up to 24 hours
United Bank for Africa (UBA) ₦1,000 ₦5,000,000 ₦50 Up to 24 hours
Access Bank ₦1,000 ₦5,000,000 ₦50 Up to 24 hours
Zenith Bank ₦1,000 ₦5,000,000 ₦50 Up to 24 hours
Wema Bank ₦1,000 ₦5,000,000 ₦50 Up to 24 hours
Alat by Wema ₦1,000 ₦5,000,000 ₦50 Up to 24 hours
Providus Bank ₦1,000 ₦5,000,000 ₦50 Up to 24 hours
Globus Bank ₦1,000 ₦5,000,000 ₦50 Up to 24 hours
Fidelity Bank ₦1,000 ₦5,000,000 ₦50 Up to 24 hours

What are Mozzartbet Withdrawal rules?

Mozzartbet Nigeria offers the cash-out feature on most matches. After opting for a cash-out, the funds are automatically deposited into your Mozzartbet account. You can withdraw your cashed-out funds straight into your bank account or use the funds to continue playing at Mozzartbet.

Punters are to submit all necessary documents required to verify their identity, including an ID document, a copy of a recent utility bill, etc. You must also provide proof of ownership of your withdrawal method (bank, microfinance bank, mobile money operator, etc). As such, the bank account you wish to withdraw to must be in your name, not another person’s name. 

You can only have one bank account connected to your Mozzartbet account throughout your use of the bookmaker site.

Potential Issues With Withdrawing at Mozzartbet

In addition to the rules stated above, Mozzartbet Nigeria carries out exhaustive checks on accounts before granting withdrawal requests. Therefore, everything needs to be checked out before you can receive your funds. If there’s an issue on your end, the platform won’t pay out your funds. Below are some of the issues you might encounter and how to avoid them.

  • Not sticking to the general terms and conditions. The betting site won’t pay your funds if you don’t adhere to the general terms and conditions.
  • Non-wagering of deposits. You have to play your deposit a certain number of times before you can withdraw any winnings made therefrom. You shouldn’t violate this rule, as that will make withdrawal difficult.
  • Not providing satisfactory verification documents. You should ensure that your verification documents meet the requirements of this bookmaker.
  • Cheating the system. If the sportsbook finds out that you’ve won money through dishonest or unacceptable practices, you won’t receive your winnings. So, you have to play strictly by the rules.

FAQ

How long does it take to withdraw from Mozzartbet?

Each Mozzartbet withdrawal can take up to 24 hours to reflect in your withdrawal method. 

What is the withdrawal limit for Mozzartbet?

According to our research, Mozzartbet withdrawal limits range from ₦1,000 to ₦5,000,000 per transaction.

How do I cash out from Mozzartbet?

You can cash out by visiting the Account section, selecting ‘Withdrawals’, selecting a bank and entering payout amount. If your betting activities are in order, you’ll receive your payout from Mozzartbet. But note that you can only have one bank account throughout your membership on the site.    

How much is the withdrawal fee for Mozzartbet?

OPay withdrawals are free. However, each bank withdrawal attracts a ₦50 fee from your bank.

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