Skrill review
Table of Contents
Skrill is one of the oldest and most trustable Ewallet available. The company was founded all the way back in 2001 and was at that time called Moneybookers. Since then, they have evolved into a massive company offering a vide range of different services for their customers, which all function in an excellent fashion.
Skrill for gambling
When it comes to online gambling, Skrill is one of the most commonly used payment method and has been since they opened up their doors. Being able to quickly deposit and withdraw money essentially all gambling sites in the internet means that customers very rarely need to take payment methods into consideration when choosing a room to play at. When using Skrill for depositing and withdrawing from gambling sites, there are never any fees that are passed on to the customer – its completely free as long as both accounts operate in the same currency.
How do deposit to Skrill
Adding funds to your Skrill account is a very simple process and comes with a lot of different options. The available methods and the fees that comes with them vary depending on your country of residence as Skrill offer a ton of local methods. To upload money to your account, here are some of the available options:
The fees charged for the methods can also differ depending on your VIP level. You will find out more about the different VIP levels here: Skrill VIP-program
Withdrawals from Skrill – what methods are available?
You have many different options when it comes to withdrawing money from your Skrill balance. Just like when making a deposit to your Skrill balance, the fee you are charged for the different options varies depending on your VIP level. If you have managed to reach a higher VIP level, you are able to decrease the fees for many of the options offered. Here are some of the options available for withdrawing money from your account:
- Bank transfer
- Swift
- VISA
Verification process
To get fully verified at Skrill can seen like an extensive process, but if you have everything ready before getting started, it will be all done within minutes! The process consists of 3 basic steps:
- Add funds to your account
- Verify the ownership of your account
- Verify your location
To make this even easier for you, we have compiled a comprehensive guide on how to complete the verification process: Skrill verification
| Features |  |  |  |
|---|---|---|---|
| Required transactions to merchants | €15,000 for regular customers / €5000 for EwalletVIP | €45,000 for regular customers / €15000 for EwalletVIP | €90,000 in a quarter |
| Multi-currency account | +1 account | +2 accounts | +3 accounts |
| Personal Account Manager | - | Yes | Yes |
| Priority bank uploads | - | Yes | Yes |
| Send Money Fee | Free | Free | Free |
| Bank withdrawal fee | Free | Free | Free |
| Foreign exchange fee (FX) | 2.89% | 2.59% | 1.99% |
Skrill knect
Skrill Knect™ is a brand new loyalty programme that customers are able to join. The program lets you earn points on all transactions being made on the account, and through these receive rewards. The amount of points earned for a transaction depends on what type of transaction it is, but the rate for which the points are earned remain the same regardless of what VIP level the account is at. After you have collected reward points through the Knekt program, you are able to spend these by pressing the KNECT button on the menu bar while logged in to your account.
You are able to earn points at the following rate:
| SKRILL KNECT POINTS PER 1€ | |
|---|---|
| Upload funds | 1 |
| Withdraw funds | 1 |
| Purchase and sell crypto currencies | 1 |
| Transfer cryptocurrency | 0.5 |
| Transfer to non-excluded merchants * | 0.25 |
Skriller
Besides the VIP program, Skrill also gives customers account levels that can be achieved separately. The Skriller account statuses gives customers a very easy way to receive quick benefits that makes every day use of the Skrill account cheaper.
Skriller consists of the following statuses:
- Skriller
- True Skriller
- VIP Skriller
| Skriller | True Skriller | VIP Skriller | |
|---|---|---|---|
| Knect loyalty points | ✔️ | ✔️ | ✔️ |
| Free money transfers | ✔️ | ✔️ | ✔️ |
| Free Skrill Prepaid Mastercard | ✔️ | ✔️ | |
| VIP Silver benefits | ✔️ | ||
| VIP Gold benefits | ✔️ | ||
| VIP Diamond benefits | ✔️ |
True Skriller
All newly created account at Skrill instantly receive the Skriller status, but to receive True Skriller there are a couple of easy steps that must be completed. All in all this should take no more than 5-10 minutes, making it a no brainer for all account holders to complete straight away after creating the Skrill account.
1.) Complete KYC verification at Skrill
First up is completing the verification steps at Skrill. This is a very straight forward process that all account holders at Skrill need to complete at one point, and should take no more than a couple of minutes. Check out our guide to Skrill verification, and it will go even faster.
2.) Make an eligible deposit
Once the account is verified, the account holder needs to make an eligible deposit to the Skrill account. All deposits except for account-to-account transfers or deposits from paysafecard & BitPay are deemed as eligible.
3.) Download & login to the Skrill app
When the verification & deposit is complete, all that remains is to download the Skrill app from Google Play or Appstore and login to the account.
