BetInAsia Withdrawal Rule

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FREGEBEN
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BetInAsia Withdrawal Rule

Sat Jan 14, 2023 9:13 am

Hi good morning!!

Could someone tell me what is the scope of the withdrawal rule 9.6:

"9.6. In cases where your balance is at least 10 times greater than the total amount of your deposits, you may be limited to 5,000 euros (or its currency equivalent) for your withdrawal per month. In all other cases, the amount maximum withdrawal per month is 10,000 euros."

I would like to open an account at BetInAsia, but this rule makes me hold back because of the very low limits to withdraw funds. I have asked the chat, and the answer they gave me was different from the same question I asked them by email. That's why I'm asking in this forum, if someone is affected by this rule.

The answer they gave me by email was:

"As previously informed by our agents, we reserve the right to make exceptions and allow you to withdraw larger amounts on some additional withdrawal requests."

The question I have is who guarantees that they will comply with the fact that I can withdraw larger amounts of money, since I would be depending exclusively on BetInAsia for that to happen. If they refused, they would be within their rights, since they would be relying on their rules. What I find strange is that they set such a low limit and I really don't like that.
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arbusers
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Re: BetInAsia Withdrawal Rule

Sat Jan 14, 2023 12:03 pm

I had to translate the post from Spanish to English so everyone would understand what the question is about.

@ FREGEBEN could you provide the link where you found that rule? Like this it will be more accurate, we will not have transaction problems and we might be able to contact BIA on for behalf.

@FREGEBEN, podría proporcionar el enlace donde encontró esa regla? Esto será más preciso, no tendremos problemas de traducción y podremos comunicarnos con BIA en su nombre.
FREGEBEN
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Re: BetInAsia Withdrawal Rule

Sat Jan 14, 2023 12:53 pm

Hola Arbusers, gracias por responder.

El enlace: https://betinasia.com/t_a_c/
La regla 9.6, está ubicada en la sección "WITHDRAWAL OF FUNDS"

"9.6. In cases when your balance is at least 10 times larger than the total sum of your deposits, you may be limited to € 5,000 (or currency equivalent) for withdrawal per month. In other cases the maximum withdrawal amount per month is € 10,000."

Discúlpame que hable en español, mi inglés no es tan bueno aún.
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arbusers
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Re: BetInAsia Withdrawal Rule

Sat Jan 14, 2023 1:26 pm

No worries.

I brought your post to the attention of BetInAsia and hopefully they will soon reply.
However, I must say I have seen many cases when clients won far more than X10 of their deposits and they got paid ''business as usual''.
But let's see what they reply.

Llamé su publicación a BetInAsia y espero que pronto respondan.
Sin embargo, debo decir que he visto muchos casos en los que los clientes ganaron mucho más de X10 de sus depósitos y les pagaron "negocios como siempre".
Pero a ver qué responden.

No hace falta decir que le recomendamos que use nuestros enlaces de afiliados para registrarse en BetInAsia para que permanezca bajo el paraguas de arbusers y obtenga todos los beneficios que ofrecemos, incluidos reembolsos en efectivo y soporte.
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BetInAsia
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Re: BetInAsia Withdrawal Rule

Thu Jan 19, 2023 1:19 pm

Hi @FREGEBEN. We do understand your concern, although this clause is only in place as regulatory safe guard in extreme scenarios. In BetInAsia history this has never been used and we are confident it never will be.
BetInAsia prides itself on security, stability and most of all customer satisfaction.

All of that being said, we have updated this clause in the Terms & Conditions, which would also give you some additional reassurance:
9.6. In cases when your balance is at least 10 times larger than the total sum of your deposits, you may be limited to € 10 000 per day, € 20 000 per week and € 50 000 for withdrawal per month (or currency equivalent).
Community feedback is valuable to us, and always taken into consideration.
Isaac
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Re: BetInAsia Withdrawal Rule

Tue Mar 07, 2023 11:13 pm

I also intend to open up an account with BIA and this was very helpful Graçias

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