Betting withdrawals

[kolok]

Hi

Welcome to the community.

Monzo participate in all 6 MasterCard clearing cycles, although your betting company may only do 1 of those.

Once monzo receive the ‘file’ it should be a matter of minutes.

Read here

Ladbrokes withdrawal payment

Yup! Most banks participate in only one card network clearing cycle per day. This is where Mastercard or Visa receive files from everybody connected up describing every transaction they want to collect/send money for, process them, distribute files back out, and work out how much money is owed to/by each participant. On the Mastercard network, there are around 3–6 of these cycles per day (except on Sundays) so that every time zone has one after the close of the business day. Monzo participates…