Skrill

Getting a Skrill account is free, and having a Skrill account is free if you make at least one transaction per year. If your Skrill account becomes inactive, it will be charged €5 inactive fees.

Skrill ewallet

Receiving payments into your personal Skrill account is free. You can quickly receive payments from clients or transfers from friends & family by giving them the email address you have linked to your Skrill account.

With Skrill-to-Skrill, you can transfer money from your Skrill account to someone else’s Skrill account. This is usually the best Skrill option for sending money within the same country. For international transfers, Skrill Money Transfer tends to be cheaper.

Skrill Rapid is a service for fast bank transfers, and it is supported by 170+ banks around the world. Many clients use Skrill Rapid to move money from their bank account to their Skrill account.

Skrill 1-Tap is a convenient way of paying online vendors for their goods and services. You need to activate this service before you use it for the first time.

Fee structure

The Skrill fee structure is complex and varies depending on the countries involved. It is therefore important that you check in advance what each type of transfer would cost you or the sender.

Prohibited actions

Some actions are not permitted. Make sure you read the fine print to avoid violating the rules. Skrill will charge a fee for certain prohibited actions.

Here are a few examples:

– Using Skrill to transfer funds on behalf of a third party

– Using Skrill to make a cash advance on your credit card

– Using Skrills for a chargeback

You are allowed to use Skrill to deposit money to online casinos.  Something that many other e-wallets prohibit.

skrill app

Speed

Skrill is famous for carrying out domestic transfers really quickly.

International transfers with Skrill Money Transfer or Rapid Transfer usually take 2-3 bank days.

If you want to transfer funds from your Skrill account to your bank account or VISA card, you can expect it to take anywhere from one to five bank days.

Reclaiming fee

If the entered information for withdrawal is not correct, Skrill can charge you a reclaiming fee. Always double-check data such as bank account number and IBAN/BIC/SWIFT.

The standard reclaiming fee is €25.

How to open a Skrill account

Opening a Skrill account is quick and easy.

Going through the verification process is not mandatory, but recommended. With a verified account, you have more flexibility and the account is less likely to be frozen. Skrill must adhere to regulations regarding the prevention of crimes such as money laundering, terror financing and frauds, and these restrictions are harder for non-verified accounts.

Signing up for a Skrill account

Go to Skrill´s site and select Register. Enter the required information, such as your name, your country and your email address. Enter a password and click ”Register now”.

You will be asked to set up a PIN upon your first log-in.

Funding the Skrill account

Examples of methods that can be used to fund a Skrill account: Credit card, Debit Card, Bank transfer, Trustly, Klarna, Paysafecard, Neteller, Bitcoin, Bitcoin Cash

Verification process

The exact requirements vary depending on circumstances. You may for instance be asked to:

– Fund the account

– Send in a colour copy of your valid photo ID

– Send in a photo of yourself holding up your photo ID

– Send in a copy of a utility bill or bank statement to verify your address

I About Skrill

Skrill is authorized by the Financial Conduct Authority (FCA) in the United Kingdom and the U.S. Department of Treasure´s Financial Crimes Enforcement Network (FinCEN).

Security

Skrill utilizes two-factor authentication.

Sensitive information is protected by SSL 128-bit encryption, certified by VeriSign.

By using Skrill, you do not have to share sensitive bank or card details with recipients.