Skrill which is formally know as Moneybookers, is an E-wallet that allows its customers to upload and transfer money both internationally and locally. This service is used worldwide for multiple purposes that include gambling, shopping, and sending money to family and friends, Skrill payments are extremely secure and fast.
Is Skrill free to join?
Creating a Skrill account is free, and it will take you less than a minute to register your account and be eligible to send and receive money online.
How long does it take to verify my Skrill account?
Providing that you send the required information that has been requested, your Skrill account can be verified under 5 minutes. Be certain to make sure that all images of documentation that you send are clear and easily readable.
What payment methods does Skrill support?
Customers of Skrill can deposit money into their account through a bank transfer, these transfers must however originate from an account that is held in your name. Skrill also supports credit and debit card deposits from both popular international and local card types. These are Visa, MasterCard, Maestro, Amex, JCB, Diners, Laser, CartaSi, Postepay, Carte Bleue.
What methods can I use to withdraw money from Skrill?
There are various methods that Skrill offers to its customers for the withdrawal of their money from their Skrill account, so depending on what you plan to do with your money will depend on which of the following options you decide to use.
Transfer to a merchant - Used for making purchases online or playing at an online casino.
Skrill to Skrill - Send funds to another Skrill account.
Skrill to Neteller - Transfer funds instantly to a Neteller account.
Skrill Prepaid MasterCard - Make instant payments or withdraw money from an ATM.
Withdrawal to a bank account - Withdraw your funds directly to your bank account.
Withdraw to your Visa card - Funds can be transferred instantly to your Visa card.
Mobile Wallet - Withdrawal instantly to a registered mobile wallet.
How much does Skrill charge to send money?
The regular Skrill fee for sending money is 1.45% with a minimum charge of €0.50. Higher fees up to 5.50% may be charged if you haven't made any deposits to your Skrill account, or have deposited only via Neteller, paysafecard, or BitPay.
How much does Skrill charge to withdraw money?
Whilst it is free of charge to receive money on Skrill there is a charge attached to withdrawing your funds. The cost of withdrawing money from your Skrill account will depend upon which method you decide to use, the following costs are attached to the corresponding methods.
Withdrawal to Bank Account - Flat fee of €5.50 or £4.76.
Withdrawal to Visa - 7.5%
Withdrawal to mobile wallet - 1.45% ( Minimum fee €0.50 )
ATM Withdrawal - 1.75%
How long does it take to withdraw your money from Skrill?
Withdrawal times from Skrill will depend on which method you use to withdraw your funds. Please view the options below along with the corresponding times.
Skrill Prepaid Cards - Instant at ATM locations.
Bank Wire Withdrawals - 2 - 5 business days.
Visa Withdrawals - Up to 7 days.
Is there a charge to upload money to my Skrill account?
Both local payment methods and international payments methods will charge you a 1% fee to upload funds into your Skrill account.
Is there a currency conversion fee at Skrill?
All transactons at Skrill that involve a currency conversion will come with an additional fee of 3.99% added to the wholesale exchange rate.
What is my Skrill ID?
Your Skrill ID is also know as your account number or User ID number, if you navigate to your dashboard in the my account section and click on your name or avatar, it will reveal this number for you.
Does Skrill work in the USA?
Skrill USA enables users from the United States of America to access the services that Skrill provide. This facilitates customers from the U.S to be able to make various transactions, including those associated with online gambling.
What countries are restricted from using Skrill?
The following countries are restricted from accessing and using any services provided by Skrill.
Lao People's Democratic Republic
Sudan (North and South)
Is there an app for Skrill?
Skrill provide an app for their customers that is very easy to navigate around and use. This can be downloaded on both iOS and Android devices.
Is Skrill payments safe?
Skrill adhere to the Payment Card Industry Data Security Standards, so even if somebody did try to intercept your data it would be encrypted and unreadable. Two factor authentication is also available for customers to implement on their account to add even further layers of security.
Can you trade Crypto Currencies on Skrill?
You are able to buy and sell Crypto Currencies through you Skrill account. The current list of tradable Cryptos that you can trade are the following.
BTC - Bitcoin
ETH - Ethereum
XRP - XRP
BCH - Bitcoin Cash
LTC - Litecoin
EOS - EOS
XLM - Stellar Lumens
ETC - Ethereum Classic
ZRX - 0x
Does Skrill offer a VIP Programme?
There is an exclusive VIP Programme at Skrill where users are rewarded for the more they spend using their Skrill wallet. Rewards include ultimate protection, 24/7 dedicated support, access to lower fees, multi currency account, priority bank uploads, personal account manager, exclusive offers.
Can I transfer from Skrill to Paypal?
At present there is currently no way to directly transfer your money from Skrill to Paypal, or vice versa. If you need to make a transaction from one of these methods to the other you will first need to transfer the funds back into your bank account, and then on the to wallet of your choice
WHAT IS SKRILL REVIEW FINAL THOUGHTS
Skrill in our opinion is the best E-wallet option on the market and it has many benefits apart from those associated with online gambling. Quick and easy ways to send money in this digital age are a huge plus point, and to be able to do so with a trusted brand that is secure and safe gives us peace of mind.
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