Skrill money transfer review & guide

Exchange rates, payment options, step-by-step guide, transfer fees, and all you need to know about .

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Everything you need to know

Skrill review

Skrill is a global online payment platform that allows users to make secure and fast transactions across borders. Offering a digital wallet, Skrill provides a convenient way to store funds, send money, and shop online without the need for credit or debit cards. It’s an excellent option for people looking to make online payments, especially for international money transfers.

Payment Methods Available with Skrill

Skrill offers a variety of payment methods to facilitate seamless transactions for its users. Here's an overview of the available options:​

  • Skrill Balance
  • Credit Card Transfers
  • Debit Card Transfers
  • Bank Transfers
  • PaysafeCash
  • Skrill 1-Tap®

    • How much can I transfer with Skrill?

    Skrill offers a variety of payment methods to facilitate seamless transactions for its users. Here's an overview of the available options:​

    Unverified Accounts

    Unverified accounts typically have lower transaction limits for deposits, withdrawals, and money transfers.

    Verified Accounts

    By completing identity and address verification, your account limits are increased, allowing you to send and receive larger transactions.

    Bank Account Verification

    Verifying your linked bank account can raise your limits even further, enabling higher transaction thresholds for both deposits and withdrawals

    How long does a transfer usually take with Skrill?

    The time it takes to transfer money with Skrill varies depending on the payment method. Transfers to another Skrill user are typically instant. Withdrawals to bank accounts can take 1 to 5 business days, while mobile wallet withdrawals are usually processed instantly. Visa and Mastercard withdrawals take up to 3 business days.

    Bank transfers for deposits typically take 1 to 2 working days, but in some cases, they may take up to 5 working days.
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    Pros and Cons of using Skrill

    Pros
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    Skrill’s fees and exchange rates are some of the best in the industry

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    Transfers with Skrill are quick and convenient

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    Operates in a large number of countries

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    Great reviews from customers

    Cons

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    Number of countries Skrill is available in is limited

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    High fees if you choose the “Skrill to Skrill” option

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    Some customers have reported problems with verification

    Skrill exchange rates

    Skrill applies a markup to the mid-market exchange rate, which can range up to 4.99% depending on factors such as the payment method and the currencies involved. This means that the exchange rate offered by Skrill may be less favorable than the mid-market rate you see on financial news sites or currency converters. To get the most accurate and up-to-date exchange rates for your specific transfer, it's recommended to check the rates directly on Skrill's website or contact their customer support.
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    Best rates with RemitBee

    RemitBee makes sending money abroad simple, fast, and affordable. With transparent fees and no hidden charges, it offers competitive pricing for international transfers. You can choose from multiple payment methods and benefit from the mid-market exchange rate, which ensures you get the best value for your money.

    Transfers are secure, with top-level encryption protecting your data and funds. Whether you're sending money to family or handling business transactions, RemitBee ensures a smooth, reliable experience every time.

    Safety and security

    Is Skrill money transfer secure?

    Skrill is a well-known company in the payments space. It has been in existence since 2001. In the industry, it’s seen as a leader in payments for both individual customers and businesses. Though they started off with processing payments for people buying things online, they have expanded. Now, Skrill is trusted for sending money overseas to family or friends and even helps businesses with their money transfer needs.

    Security features

  • Two-factor authentication (2FA) adds an extra layer of security by requiring a second verification step (via SMS or authenticator app) when logging in or making significant transactions.
  • Skrill uses advanced fraud detection systems to monitor transactions in real-time, helping identify and block suspicious activity.
  • Skrill provides account recovery options in case of unauthorized access, including a detailed process to lock your account if suspicious activity is detected.

    • With Skrill you can send money from the following countries

    Skrill allows you to send money to and from over 150 countries. Some of the countries where you can send money include:
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    Other Money Transfer Providers

    Frequently asked questions

    Have questions? We have answers!

    Is sending money with Skrill safe?
    Are there limits on what I can send with Skrill?