Slotto Jam Banking Explained
Slotto Jam allows its players to use real money to place bets on casino games. This is something it holds in common with many other casinos. In this section, we will explain the specific rules that apply to bank with Slotto Jam, then we will explore the deposit methods for the casino, and after that the withdrawal methods. This will help you to understand how the financial side of the casino operates. This will enable you to feel confident and knowledgeable whenever you’re depositing money and withdrawing money.
Firstly, there are a few specific rules that apply at Slotto Jam. You need to be registered and logged in to deposit or withdraw money. When you sign up, the casino has the right to periodically verify your details. This can be an automatic process, or the casino may ask you to send documents. Withdrawals can be frozen until verification is completed. Once bets have been settled, winnings will be transferred to the player’s account within 1-3 banking days. The precise time will depend on which of the methods you choose to use. When you make a deposit using a particular method, payouts will be made using the same system where that is possible. E-wallets must be registered in the name of the casino account holder otherwise any payment processing through them will be declined. Any transaction fees that apply will be deducted from the total amount being transferred, whether that is a deposit or withdrawal. If the player makes deposits into and withdrawals from their online casino account without playing any games or placing any bets, the casino has the right to charge an administration fee. A selection of registered companies listed on the casino website will be used for the processing of payments. The maximum amount that can be paid out in any given day is €100,000.
Now, we will discuss the deposit methods available on Slotto Jam. There are 11 of these that can be used by players depositing with Euros. They include credit cards, e-wallets, electronic payment systems, and bank transfers. These are Visa, ecoPayz, Skrill, Paysafecard Casino, eZeeWallet, Rapid Transfer, Neosurf, Multibanco, Bank Transfer, Cryptocurrencies, and Nordea Solo. Cryptocurrency options included in the graphic on the website include Bitcoin, Ethereum, and Litecoin. Each of these methods has a different minimum and maximum deposit amount which will be listed below where it is stated on Slotto Jam. It is important to keep in mind that there may be restrictions depending on the country you reside in regarding the use of these deposit methods. Slotto Jam also states that they are in the process of adding more methods, so keep checking the website if your favourite method is not listed there.
Here are the minimum and maximum deposit amounts, where available, for each of the methods listed above:
- Visa – €20 minimum deposit, €150 maximum
- EcoPayz – €30 minimum, €500 maximum
- Skrill – €10 minimum
- Paysafecard – €10 minimum, €1000 maximum
- eZeeWallet – €20 minimum, €5000 maximum
- Rapid Transfer – €20 minimum, €5000 maximum
- Neosurf – €10 minimum, €3000 maximum
- Multibanco – €10 minimum, €2500 maximum
- Bank Transfer – €20 minimum
- Cryptocurrency – €20 minimum
- Nordea Solo – €20 minimum
As you can see, there is quite a wide variety, so you will want to choose one that has the limits most convenient for your needs.
Lastly, we will consider the withdrawal methods you can use at the casino. 5 of these are listed on their website for use with Euros. These are a mixture of credit cards, electronic payment systems, and e-wallets. The full list is as follows: Visa, Skrill, Bank Transfer, ecoPayz, and Rapid Transfer. Some of these overlap with the deposit methods, and it is those which the casino was referring to when it stated that payouts would be made using the same system as deposits where that could be done. And as with the deposit methods, there may be some restrictions on the use of these withdrawal methods depending on the country you live in. Unlike with the deposit options, Slotto Jam has not signalled to players that they will be adding to this list, which is unusual as the list is quite limited compared to other casinos.
The minimum and maximum withdrawal amount for each of these methods, where stated, are:
- Visa – €25 minimum
- Skrill Casino – €10 minimum, €10000 maximum
- Bank Transfer – €100 minimum, €5000 maximum
- EcoPayz – €25 minimum
- Rapid Transfer – €10 minimum deposit, €15000 maximum
And that’s it. This is all that there is to know about banking on Slotto Jam. You should now have a firm understanding of their banking process.