Skrill Fees and Charges – You often hear that using skrill is free and does not require any charges. Which is partially true but not completely. Skrill charges its users while they are trying to send money, upload money via their credit card and an additional charge will apply when users trying to withdraw their balance via bank transfer.
In this article, we will try to give you an idea of the Skrill Fees and Charges.
Deposit Funds:
- Local Payment Methods -> Fee:Â 1.00 %
- Global Payment Methods ->Â Fee:Â 1.00 %
Withdraw Funds:
- Local payment methods:
Methods Cent Crypto Wallets 2.00% Neteller 3.49% Bank Transfer GBP 4.72 VISA 7.50% - Global Payment Methods -> GBP 4.72
Account Level Fees:
| Fees Types | Skriller | True Skriller |
|---|---|---|
| Skrill to Skrill Money Transfers | 2.99%* | Free |
| First Skrill Prepaid Mastercard® application | EUR 10 | Free |
Skrill Money Transfer:
| Methods | Fees |
|---|---|
| International Transfer (Via Bank) | Free |
| International Transfer (Credit Card) | up to 2.99% |
| International transfer in the same send and receive currency only |
Up to 4.99% |
| International transfer exchange rate mark-up | 4.99% |
| Domestic Transfer | Up to 2% |
| Receive Money | Free |
| Skrill to Skrill (Send Money) |
2.99% |
| Skrill to Skrill (Receive Money) |
Free |
Currency conversion:
For transactions involving currency conversion, Skrill adds a fee of 3.99% to our wholesale exchange rates. The exchange rates vary and will be applied immediately without notice to you.
If your Skrill Account is denominated in a currency other than Euro, your Cryptocurrency Transactions will be subject to currency conversions. In this case, we will apply a foreign exchange fee of 1.5%.
Account Maintenance:
Your Skrill account is free for personal use as long as you log in or make a transaction at least every 6 months.
Otherwise, a service fee of EUR 5.00 (or equivalent) will be deducted monthly from your account.
Prepaid card fees:
Our fees are transparent, so you always know where you stand. Here are the fees we charge for using our Skrill Prepaid Mastercard®:
- 10 EUR new card application
- 10 EUR annual fee
- 3.99 % FX fee; (Further details on the foreign exchange fee and the mark-up over the latest available foreign exchange reference rates issued by the European Central Bank (ECB) are available here.)
- 1.75 % ATM fee
- POS transactions are free
- Skrill virtual card application – first is free, any subsequent card is 2.5 EUR.
Administration Fees:
| Methods | Fees |
|---|---|
| Provision of inaccurate or untruthful information and lack of cooperation fee (s. 4.5) |
up to EUR 150 |
| Chargeback fee (s. 8.3) | EUR 25 per chargeback |
| Attempted cash upload fee (s. 8.12) | EUR 10 per upload |
| Prohibited Transactions fees (s. 11) | up to EUR 150 per instance |
| Reversal of a wrong transaction fee (s. 12.7) | up to EUR 25 per reversal attempt |
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