Skrill decided to reduce fees for money transfers, crypto transactions, and deposits. Check it out!
Great news! Skrill decided to reduce fees for money transfers, crypto transactions, and deposits.
Skrill is one of the most popular ewallets, but it wasn’t the cheapest option. Now, Skrill is changing its fee policy to make it more accessible for customers around the world.
From October 14, 2021, all bank transfers fee to Skrill will be reduced to 0%. At the moment, Skrill clients are paying a 1% fee for all bank deposits, which will be a considerable cost relief.
Effective October 14, Skrill Rapid transfers will be subject to a 1% fee.
If you want to top up your Skrill account with a prepaid or credit card, all deposits will be charged with a 1.25% fee.
If you are funding a Skrill account with Paysafecard, you will be charged up to 5%, and a 2.5% fee will apply for paysafecash.
For deposits with Klarna, iDeal, Multibanco, Giropay, P24, and other a fee up to 1.25% will be charged.
Skrill is also changing the fee for sending money from Skrill to Skrill. Effective October 14, 2021, the following fees will be charged, depending on your Skrill status:
If you are looking for an upgrade of your Skrill account to avoid money transfer fees, you can fill out the Skrill VIP requestform.
With Skrill, you can apply for a prepaid MasterCard, which you can use at all ATMs and local shops where MasterCard is accepted.
Alongside money transfer and deposit fees, Skrill is also changing its crypto service fee policy. Until now, transactions were charged up to 1.5% regardless of your Skrill status. From September 14 onwards, the following fees will apply:
Skriller | True Skriller | Skrill VIP | |
Crypto Buy/Sell Transactions up to €19.99 | €0.99 | €0.70 | €0.50 |
Crypto Buy/Sell Transactions between €20 – €99.99 | €1.99 | €1.70 | €1.50 |
Crypto Buy/Sell Transactions above €100 | 1.90% | 1.70% | 1.30%-1.40% |
If you want to save on Skrill crypto fees, we suggest you apply for Skrill VIP status.Once your VIP status is approved, you will pay up to 50% less fees on crypto transactions.
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