Skrill was launched back in 2001. Back then, the concept of e-money and e-wallets was something very new and the brand was among the trailblazers. Very quickly it grew into a massive e-money institution with a license from the Financial Conduct Authority and switched owners. Today, Skrill belongs to the network of Paysafe Holdings UK Limited. This company also manages another popular casino deposit method, the Paysafecard voucher.
It is very simple to install, register, and use a personal Skrill account. You can do so via the official website, or download an iOS or Android app. Creating and maintaining an e-wallet are services that are free of charge. Transactions between owners of Skrill accounts are free, too.
From your Skrill wallet, you can pay not only in casinos but also at 1000s of other online vendors. Two other features that the service offers are Skrill Money Transfers to bank accounts abroad, as well as transfers to and from cryptocurrency wallets. Mind the 3.99% conversion fee applied to crypto-based transactions.
Loading an e-wallet with money is a relatively simple procedure, as well. You can top up your account with bank transfers, from other e-wallets, prepaid vouchers, or by cards. The fee is fixed and it is 1%. The list of supported methods includes Neteller, Trustly, and Paysafecard, as well as Amex, JCB, MasterCard, and Visa cards.
As for withdrawals from Skrill, here the list of options is smaller, and the fees are higher. If you choose bank transfer or SWIFT, it will cost you 5.50 Euros. Cashouts to Visa cost 7.5%, and this is the only card compatible with the product.
In casinos for depositing
In casinos for withdrawal
Minimum Bank Wire deposit fee
Maximum Bank Wire deposit fee
Minimum Credit card deposit fee
Maximum Credit card deposit fee
Currency conversion fee
Prepaid card cashout €1,8; send money 1%; receive money 0; Account maintenance after inactivity of 12 months €1 per month
Limites: transaction min
Limites: transaction max
You can use your Skrill Card to withdraw cash up to a maximum of €250 in any 24-hour period.
VISA withdrawals are limited to €5000 per single transaction.
You can use your Skrill Card to pay for goods and services up to the value of €1,000. Skrill applies a limit on the amount of funds you can deposit via credit/debit cards in any 60-day period.
For example, if your credit/debit card deposit limit is €750, the maximum amount you can deposit for the last 60 days should not exceed €750. If you initially have a limit of €750 and on 1 July you deposit €350, your remaining limit for deposits will be €400.
Once 60 days from the deposit have passed, on 30 September, the portion of your deposit limit you used on 1 July would become available again for you to deposit.
You can view your remaining transaction limit at any time – simply go to the Account Limits section in your account, located in Settings. There, you will also find a list of options to increase your limits.