Withdrawing winnings from Melbet ET is available through several channels, but the speed of receiving money depends on the method chosen. Let’s look at all the options with exact terms and conditions.
The Fastest Withdrawal Methods
Three categories of methods with different processing speeds are available to Ethiopian users. E-wallets and cryptocurrencies are processed in a few minutes, mobile payment systems work almost instantly, and bank transfers take up to 7 business days.
Mel bet provides over 100 options for transactions, including both international services and local solutions. Mobile wallets are particularly popular in Ethiopia, as they do not require a bank account and are accessible even in remote areas of the country.
E-wallets such as Skrill and Neteller transfer money within 24 hours, but most transactions are completed within a few minutes. The minimum withdrawal amount via electronic systems is 81.63 ETB, and the maximum is 1,632,408.48 ETB. There is no commission for the transaction.
Cryptocurrencies work at a similar speed. Bitcoin and other digital coins are processed in a few minutes to a day. There are no limits on cryptocurrency withdrawals, which makes this method convenient for large amounts.
Mobile Payments
Local payment systems offer the fastest access to money. TeleBirr, launched by Ethio Telecom in 2021, processes transfers in real time. The system supports up to 100 transactions per second, and confirmation comes instantly via SMS.
CBEbirr from the Commercial Bank of Ethiopia works on the same principle. Both services require a minimum withdrawal amount of only 5 ETB. The maximum limit through these systems is 15,000 ETB per transaction.
Other local options for Melbet Ethiopia include:
- Awash Bank – from 5 to 15,000 ETB, instant processing via mobile app;
- CBE Bank – minimum 5 ETB, maximum 15,000 ETB, standard bank processing times;
- Kacha – digital platform with limits from 5 to 15,000 ETB;
- Dashen Bank Super – online banking with a range from 5 to 10,000 ETB;
- Gadaa Bank – regional bank with a limit from 5 to 5,000 ETB.
Bank Cards and Transfers
Visa and Mastercard are accepted at Melbet Ethiopia for withdrawals, but processing takes longer. The minimum amount is 15 ETB via bank transfer, and the maximum is 15,000 ETB. The money arrives on the card within 3-7 working days.
Direct bank transfers work through Ethiopia’s largest financial institutions. CBE Bank, the country’s state-owned bank, processes transactions ranging from 5 to 15,000 ETB. Awash Bank, one of the largest commercial banks, supports the same limits and offers a mobile app for tracking transactions.
Mandatory Conditions for Withdrawal
Mel bet requires account verification before the first withdrawal of funds. In your personal account, you must specify your full name, address, date of birth and passport or ID number. Phone verification is done via SMS.
Withdrawals are only possible using the same method that was used to fund the account. If the deposit was made via TeleBirr, the money can only be withdrawn to the same wallet.
When activating the welcome bonus (200% up to 24,100 ETB with a minimum deposit of 50 ETB), you must wager the amount five times in accumulator bets. Each bet must contain at least three events with odds of 1.40 or higher. Withdrawals are not available until the conditions are met.
Technical Features of Withdrawing Winnings
Requests are processed by Mel bet within a maximum of 5 working days, but in practice, most transactions are completed faster. VIP customers receive priority processing of withdrawals at the upper levels of the loyalty programme.
If delays occur, 24/7 support is available in English and Amharic. You can contact us via live chat on the website or in the app, or write to [email protected] for payment questions.
If the withdrawal does not go through, the reasons may be as follows:
- The account has not been verified – you need to upload a copy of the document;
- The amount is less than the minimum for the selected method;
- The bonus wagering conditions have not been met;
- Technical failure in the app or browser.
Withdrawal requests cannot be cancelled after confirmation, so it is important to check all details before submitting.
Choosing the Best Method
For withdrawals from Mel bet of small amounts up to 5,000 ETB, TeleBirr or CBEbirr mobile payments are suitable – they are instant and commission-free. Medium amounts from 5,000 to 15,000 ETB can be conveniently withdrawn through local banks, taking into account their limits.
Large winnings of 15,000 ETB or more are best received via e-wallets or cryptocurrencies. They have high limits and fast processing. For amounts above 100,000 ETB, cryptocurrency remains the only option without restrictions.
TeleBirr is particularly convenient thanks to Ethio Telecom’s extensive network of agents throughout the country. Even in small towns, you can find a service point for consultation. CBEbirr requires an account with the Commercial Bank of Ethiopia, but it is integrated with banking services and provides access to additional financial instruments.
Conclusion
The fastest way to withdraw money from Mel bet in Ethiopia is through the mobile payment systems TeleBirr and CBEbirr, which process transactions in real time with a minimum amount of only 5 ETB. E-wallets and cryptocurrencies also work quickly, arriving in your account within a few minutes or within a day, and cryptocurrencies have no withdrawal limits. Bank transfers take 3-7 days and are only suitable for standard transactions. The main requirement is to complete account verification and fulfil the bonus programme conditions before the first withdrawal.
