Skrill is an online payment processor, basically, it used for shopping, trading, betting purposes. If you have a question that how can you fund your Skrill account or withdraw your money from Skrill then I am going to show you here how to do that.
How to deposit your money in Skrill?
Below are the 4 ways, through which you can fund your Skrill account.
- neteller account
- bank transfer
- using your debit card or credit card.
Funding through bitcoin
You can fund your Skrill account by using bitcoin. The process is easy and simple. They process the payment through Bitpay and has a minimum transaction fee 130 rupees no matter the amount you are going to deposit. If you have a bitcoin wallet and have bitcoin in it, then go for it.
By using Neteller account
If you have a Neteller account, then you can transfer money from Neteller to skrill account. Transfer charge will be 3%.
You can fund your Skrill account via bank transfer. Bank transfer is not instant. It may take 4 or 5 business days money to be credited to your Skrill account once you applied for bank transfer. If it takes more than 15 days, then the transaction may be canceled. For bank transfer Skrill will not charge anything but the foreign exchange fee will be charged by your bank. My suggestion never goes for bank deposit. See other options.
Fund your Skrill account by using your card.
You can fund your Skrill account by using your debit card or credit card. This is very suitable and instant way to deposit your money. But only the debit card with logo visa or master card will be acceptable by Skrill and the same with the credit card. For visa card, Skrill will charge 1.09% fees and for MasterCard, it will charge 2.25% as the transaction fees. Apart from that, your bank may charge 3 to 5% foreign exchange fee. But it may increase as you will do more transactions.
How to withdraw money from Skrill?
The only way to withdraw your fund from skrill is through your bank account. Before you are going to withdraw make sure, you have verified your account. For each transaction, Skrill will charge 421 rupees no matter the amount you are going to withdraw. Apart from that, your bank will charge 500 to 1000rs for foreign exchange fee. Fx fee depends on the bank. Some bank may charge less . Below 500 USD most of the bank charge 500rs as Fx fee. Above 500USD bank may charge 1000rs as foreign exchange fee. Therefore, never withdraw a small amount else you will lose all amount of transaction fees.
Below I am going to show step by step, how to withdraw money from skrill. First, log in to your Skrill account and then follow the step below.
step 1 – click on withdraw.
step 2 – Once you click on withdraw it will show the bank transfer. Then type the amount to withdraw. Minimum transaction fee for Skrill is 457rs. And type an amount greater than 775. Because minimum amount for withdrawing is 775rs. Then click on continue.
Step 3- Once you click on continue, then one page will be opened where you can review your transaction and click on withdraw money to complete the transaction.
After you withdraw money, it will take 4 or 5 business days to credit the amount to your bank account. Business days do not include Saturday, Sunday or any public holidays. If you have still any questions regarding withdrawing money from skrill then comment below or contact me.