Before joining an online casino, you should know the available deposit and withdrawal options. At Silversands casino, all banking transactions are safeguarded by Secure Socket Layer (SSL) technology, ensuring the complete safety of your data. The banking options include credit cards (Visa and MasterCard accepted), and transactions are made in ZAR (1 credit = 1.00 SA Rand).
Additionally, e-wallets like Neteller, EcoPayz, and Skrill are available and are the fastest deposit options. Cash deposits and internet bank transfers are also accepted, but cheques are prohibited. Cryptocurrencies are also available. You can choose between Bitcoin, Bitcoin Cash, Litecoin, or Ethereum to make your deposit.
Please ensure that the deposit method you use is registered in your name. Deposits made using unregistered methods will be voided, and the funds will be deducted from your account. Deposits are usually processed immediately and can be used to play at the casino immediately.
You can initiate a withdrawal using any of the available withdrawal methods. To request your withdrawal, go to the “Withdrawal” tab in the cashier once you have wagered your deposited funds at least once. Failure to wager your deposited funds at least once may result in the casino refusing to process your withdrawal or charging a withdrawal fee of up to 10%. Also, proof of identity (such as a valid passport, ID, or driver’s license) is required for the first withdrawal only. Withdrawals are typically processed within two working days, excluding weekends and public holidays.
However, withdrawals via bank transfer may take up to 72 business hours. Debit/credit card deposits require a faxback form, and jackpots and winnings from bonus credits are paid out at a speed of R10,000 per week. It’s important to note that all withdrawals are processed to personal banking accounts.