Skrill Bank

An electronic wallet, which can be expressed as having an online account to send and receive money through, and Skrill is a major brand and is accepted as a method of payment with many well-known retailers, most online stores, and Forex partner.

Using it as a payment method has several advantages over traditional payment methods such as credit cards, debit cards and bank transfers, like any financial service, using Skrill will incur certain fees, these fees will decrease significantly during your transition to the VIP system.

Skrill VIP Program

An upgrade program for Skrill account, through which you can enjoy the distinguished services, for example, the ability to add more than one currency to your account with unique and unique personal support in addition to the lowest fees that amount to sending money for free, in addition to bank withdrawals without fees and many unique features and services.

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VIP Skrill Levels

  • Bronze
  • Silver
  • Gold
  • Diamond

The total of your account transactions during the three months that begin when you perform transactions such as shipping your account to merchants and Skrill partners sites or by buying and selling digital currencies with more than 6000 Euros or its equivalent in the currencies present in your account during a 3-month period

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The Fee you will Pay for Using Skrill

Upload Money

Skrill charges 1% for money transfer via bank transfer and Maestro cards, and 1.9% for using Visa or MasterCard.

Money Withdrawal

 A small fee will be charged for withdrawing it to your bank account or card, and you will pay 3.95 € to withdraw it to Visa cards, and 5.50 € for all other payment methods, or the equivalent in other currencies.

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Send Money

 1.9. % fee in € 20.17 or equivalent currency, while receiving money is 100% free

Currency Exchange

Skrill adds 3.99% fees on all transactions that include currency conversions.

How to Withdraw from Skrill to Visa card

This method is considered foolproof, and its steps are as follows:

Enter the Skrill Website.

Enter your email and put the password in the right place.

After that, you find yourself inside the Skrill home page, and you will also find your account balance, next to the word withdrawal, click on it to view the available withdrawal options, either through the bank or visa card.

You must link the visa to Skrill Bank, and this step is done once and you are not required to repeat it later, and then choose the Visa Card icon. Usually, the withdrawal fee is fixed and it is $ 5, and you need a week in order to transfer the required amount.

Also read: Learn the Difference between Payoneer and Paysera