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Withdrawal fees paid to the "middle man" AND my HUGE win at Lincoln!!!

jumboscampi

WELL KNOWN MEMBER
Does anyone know how the fees that the middle bank, usually a Canadian bank, takes (oh, I'm sorry, I mean charges! lol) from the wired withdrawal amount for Lincoln/Liberty, etc?

I haven't ever attempted to figure how that fee is calculated. I will usually on average end up withdrawing around $400 and by the time Lincoln/Liberty takes their $45 fee out and then the middle man takes his fee out, I usually end up with around $300 deposited into my bank account. I just don't know if it's a flat fee or if it's a percentage used to calculate the amount of the fee.

I am thinking it's likely a percentage because it does seem to change according to the wired withdrawal amount.

By the way, I am asking this today because I just put in for a withdrawal from Lincoln for, get this, $4000 !!!! I was wondering how much I might expect to end up with in my account. Because of the $2500 maximum withdrawal amount that Lincoln applies to its withdrawal requests, I had to do it as 2 separate transactions, 1 for $2500 and the other for $1500


I didn't think to do a "snapshot" of the screen for the largest portion of the win. It was like a dream come true man! I deposited $25 into Lincoln and got lucky playing Cash Grab and had just over $880 but I still had a playthrough of around $900. So I went into Funky Chicken and put my bet up to $12.50 and started spinning. I NEVER bet that much but with the playthrough still there to content with, it made sense at the time to do so. Anyway, I lost all but $171 of it not hitting a dang thing that mattered, went to check on the playthrough and I was done with it. So, I went back into Funky Chicken and figured I would go ahead and keep betting the $12.50 for just another 2 maybe 4 spins and on the second spin I got the free spins! I couldn't believe it! I was sitting there hoping to see the 10 times multiplier but ended up getting the 3 times one instead. I freaking retriggered 5 times! Can you believe that? Of all of the times for that to happen that was the one!!! So, I ended up with just over $3800, put in for the initial request to withdraw $3500 total and after playing a little bit more here and there was able to add another $500 to it.

I got the heck out of there after I lost what I kept to keep playing on $111.00) and I don't intend on even looking at my Lincoln account until after my withdrawal is processed for a change. I usually end up dipping into it but I ain't gonna even breath on that dang account until it is finalized!
 
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PMM

Guest
Oh my goodness jumboscampi, that is a incredible story of luck and timing on your beautiful win. Congratulations on being a winner there, and I am proud of you for not intending to go back and dip into your winnings. That takes a lot of strength.

As far as your other question goes, I do not have that answer off the top of my head, and Mben and I will do a little research. Being the weekend, it isn't going to be as quick as I like. Maybe Mben has knowledge of this herself. She is amazing like that.

Hang tight jumboscampi, we will try to get your answer.
 
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Mben

No Deposit Forum Administrator
Staff member
Congrats, jumbo! I told you it would happen for you soon after you saw my cashout. ;)

I'm not really sure about the processesor's fees. I can ask the rep on Monday.

Not to put a damper on your high right now, but I'm a tiny bit concerned about your bet sizes while you still had playthrough to make. My bet sizes were a concern of mine while I had playthrough because of what I read in the t's and c's at the casino I won at. After all was said and done, I was ok. Their terms state nothing over $2 in a single line game and $10 in other games while playing a a bonus. I'm not saying your cash out will be affected, but just needed to throw that out there.
 
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PMM

Guest
Yes, I too am aware of that term and condition. Thank you for bringing it to our attention Mben.
We will keep tabs on her cash out with the rep as best we can.
Keeping positive thoughts there will be no issues.
 
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jumboscampi

WELL KNOWN MEMBER
OMG, I remember that happening to somebody once and I read about it in here years ago.

I just got done chatting with customer service at Lincoln and he said that they don't have any such conditions like that there - THANK GOD!! Man, I was freaking out for a little bit there. He said rest assured that my withdrawal is fine and will be processed. Geez, you talk about freaking out. And I was sitting here in front of my mom when I read that and was trying really hard not to let her know what was up. I intend on paying off around $1500 of her bills along with some of mine and she is really so happy about that occurring soon. She's been depressed over it lately and I just want so badly to brighten up her life and the thought of letting her down really scared me more than anything else.

So, alrighty then, I'll keep y'all posted! Wish us luck!
 

Mben

No Deposit Forum Administrator
Staff member
It is a flat fee per the rep, jumbo. I've sent you a PM.
 
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jumboscampi

WELL KNOWN MEMBER
OK, the withdrawal hit my bank TODAY! First of all, that is insanely quick for a wire to happen from them. After it gets processed on their end, it usually takes precisely a week from that day before I see it in the account. Awesome speed on this one! The "middle man" fee worked out to be $50. Now we know! I can't complain about that at all! I have seen worse and wrote about that several months ago concerning a withdrawal I got from Red Stag. I forget the exact numbers but it wasn't a flat $50!

Yeah, time to play and pay some bills.
 
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PMM

Guest
:awesome;

I am thrilled for you jumboscampi!! It certainly didn't take a lot of time at all.
Another reputable casino makes our day!!

Enjoy your winnings.
 
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