Skrill Fee Calculator

Transaction Type	Fees	Detail

Is skrill free?

Skrill is an online payment platform that allows users to send and receive money. While Skrill offers free registration and some basic services, there are fees associated with certain transactions and features. Here are a few key points to consider regarding Skrill's fees:

• Account creation: Creating a Skrill account is generally free. You can sign up and create an account without any upfront charges.
• Sending money: Sending money to another Skrill user within the same country is usually free. However, if you're making an international transfer or sending money in a different currency, Skrill applies a fee for the conversion and transaction.
• Receiving money: Receiving money into your Skrill account is typically free. However, if the sender uses a different currency, you may be charged a small fee for the conversion.
• Withdrawals: Withdrawing funds from your Skrill account to your bank account or another payment method may incur fees. The fees vary depending on the withdrawal method and currency.
• Additional services: Skrill offers various additional services, such as Skrill Prepaid Mastercard, cryptocurrency transactions, and other premium features. These services often involve fees or charges, which can be found on Skrill's website or by contacting their customer support.

It's important to review Skrill's fee structure on their official website or contact their customer support directly for the most up-to-date and accurate information regarding any fees associated with specific transactions or services.

Skrill Conversion Rate

The conversion rate used by Skrill for currency exchanges is typically based on the mid-market rate, also known as the interbank rate. The mid-market rate is the midpoint between the buying and selling prices of a currency on the global foreign exchange market.

However, Skrill applies a fee or margin on top of the mid-market rate when converting one currency to another. This fee or margin helps cover the costs and risks associated with currency conversion and allows Skrill to generate revenue.

The specific conversion rate and fees applied by Skrill may vary depending on factors such as the currency pair being exchanged, the transaction amount, and any promotions or special offers available at the time.

To get the most accurate and up-to-date information on Skrill's conversion rates and fees, We recommend visiting Skrill's official website or contacting their customer support directly. They will be able to provide you with detailed information specific to your transaction requirements.

Skrill Transaction Fee

Skrill applies transaction fees for certain types of transactions. The fees charged by Skrill may vary based on factors such as the transaction type, currency involved, and the specific details of your Skrill account. It's important to review Skrill's fee structure on their official website or contact their customer support for the most accurate and up-to-date information regarding transaction fees.

Here are a few examples of transaction fees that Skrill may charge:

• Sending money: Skrill may charge a fee for sending money to another Skrill user or to a recipient's bank account. The fee can vary depending on factors such as the transaction amount, currency conversion, and the recipient's location.
• Receiving money: Receiving money into your Skrill account from another Skrill user or from a specific payment method may be subject to fees. The fees can vary based on factors such as the payment method used and the currency received.
• Currency conversion: Skrill charges a fee for currency conversions when you send or receive money in a different currency than your Skrill account's base currency. The fee is typically a percentage-based markup on the mid-market exchange rate.
• Withdrawals: Withdrawing funds from your Skrill account to your bank account or another payment method may incur fees. The fees can vary depending on the withdrawal method, currency, and other factors.

Skrill Account Charges

Skrill may apply certain charges or fees related to maintaining and using a Skrill account. While specific fees can vary based on factors such as your location and account type, here are some common charges associated with Skrill accounts:

Account maintenance: Skrill generally does not charge a fee for basic account maintenance. You can create and maintain a Skrill account without any upfront charges.

• Inactivity fee: If your Skrill account remains inactive (no transactions or logins) for a specified period, Skrill may apply an inactivity fee. This fee is typically deducted from your account balance on a monthly basis until you resume using the account.
• Currency conversion fees: When you perform currency conversions within your Skrill account, there is usually a fee involved. Skrill applies a percentage-based markup on the mid-market exchange rate as a fee for currency conversion.
• Deposit and withdrawal fees: Skrill may charge fees for depositing funds into your Skrill account or withdrawing funds to your bank account or another payment method. The fees can vary based on the deposit or withdrawal method, currency, and other factors.
• Prepaid Mastercard fees: Skrill offers a prepaid Mastercard linked to your account, which may involve charges such as card issuance fees, transaction fees for purchases or cash withdrawals, and currency conversion fees for transactions made in different currencies.

How Much Time Skrill Take To Transfer

The time it takes for Skrill to process and complete a transfer can vary depending on several factors, including the type of transfer, currency involved, and the specific circumstances of the transaction. Here are some general guidelines regarding the processing times for different types of transfers:

• Skrill-to-Skrill transfers: Transfers between Skrill accounts belonging to users in the same country are usually instant. The funds are typically available in the recipient's Skrill account immediately after the transfer is initiated.
• Bank transfers: Transferring funds from your Skrill account to your bank account typically takes 2-5 business days. However, the exact processing time can depend on the banks involved and any intermediary processing steps.
• Credit/debit card withdrawals: Withdrawing funds from your Skrill account to your credit or debit card may take around 2-7 business days, depending on your card issuer and the specific processing times of the financial institutions involved.
• Other withdrawal methods: Skrill offers various withdrawal options, such as mobile wallets and alternative payment methods. The processing times for these withdrawals can vary, and it's best to check with Skrill or the respective service provider for more specific information.

For the most accurate and up-to-date information regarding transfer processing times, I recommend visiting Skrill's official website or contacting their customer support. They will be able to provide you with specific details based on your account, location, and the transaction in question.

How Much Does Skrill Charge For Withdrawal

The fees for withdrawing funds from your Skrill account can vary depending on several factors, including the withdrawal method, currency, and your account's verification status. Here are some general guidelines regarding Skrill's withdrawal fees:

• Bank withdrawals: Skrill charges a fee for withdrawing funds from your Skrill account to your bank account. The fee can vary depending on factors such as the country, currency, and whether it's an international or domestic transfer. Typically, the fee ranges from around 3.50 EUR to 5.50 EUR per withdrawal.
• Card withdrawals: If you choose to withdraw funds from your Skrill account to your credit or debit card, there may be a fee associated with this transaction. The fee can vary depending on factors such as the card issuer, currency, and location. Typically, the fee is around 7.50% of the withdrawal amount.
• Other withdrawal methods: Skrill offers various withdrawal options, such as mobile wallets and alternative payment methods. The fees for these withdrawal methods can vary, and it's best to check Skrill's official website or contact their customer support for specific information regarding the fees associated with each method.