Depositing at Skrill Casinos
The best way to deposit with Skrill is to use your bank account or to use money already in your account, which can happen if you have withdrawn on a different Skrill casino site. This way, you won’t pay any extra fees on your deposit. Otherwise, you could be hit with huge rates. For instance, if you use PaySafe Card, you will pay a fee of 7.5%. On top of this, you may be hit with a transaction fee when spending your money and a currency conversion fee when moving it. What’s more, if you withdraw winnings back to Skrill and then move them to your bank, you could be charged even more fees, causing you to lose more than 10% in the process. Credit cards are cheaper at 2.9%, but bank accounts won’t cost you anything. To deposit using Skrill, just select the option from your chosen casino, login to your Skrill account, and confirm your deposit.
Withdrawing at Skrill Casinos
You may be charged to withdraw and transfer money and these fees can vary depending on the method. However, if you use your bank account and stick with a single currency, these fees should be minimal. Many casinos will require you to withdraw through the same method you used to deposit, so you can only withdraw to your Skrill account if you deposited with it. Once the money is in your account, you can use it to make purchases at applicable stores, deposit into more casinos or withdraw it to your bank account. There are no transfer minimums, but there is a maximum of $25,000. You will also need to be verified to avoid severe restrictions.
Skrill fees vary depending on your account, location, and transaction amount, but the following will give you an idea of how much you may spend:
•Transactions = 1.9%
•Currency Conversion = 3.99%
•Withdraw Fee = Up to 7.5%
Skrill Features and Benefits
What makes Skrill so popular with online casino gamblers and why is it preferred to many other payment methods?
•Accessibility: Not only is Skrill available in countless countries, languages, and currencies, but it is also listed on more online casinos than PayPal and other popular web wallets. One Skrill account goes a very long way.
•Funding and Spending Options: Choose from dozens of ways to fund your Skrill account and spend those funds, including prepaid cards, voucher payment systems, and bank transfers.
•Safety and Security: Skrill is one of the safest payment methods in the online casino industry. Deposit a sum of money into your Skrill account and use that to play at countless casinos, without any of those sites seeing your bank or card details.
•Low Fees: When compared to options like wire transfers and credit cards, Skrill has very cheap fees especially if you add a bank account to your account.
•Fast Payouts: A bank transfer or debit/credit card can take anywhere from 3 to 5 days for the money to clear in your account. But with Skrill, your winnings will be in your account in under an hour, from which you can transfer it instantly to your bank account.
Skrill Casinos Limits and Skrill Verification
Unverified Skrill accounts are very limited. You can receive money into one such account, but you’ll struggle to withdraw that as needed. There is a monthly and all-time withdrawal limit on Skrill. This changes from region to region, but generally you’ll be limited to just $50, which won’t get you very far. Your options for sending money and adding funds to your account are also limited, so it’s worth going through the verification process as quickly as you can. To verify your Skrill account, you can use the Skrill website or mobile app. They have a dedicated, automated service that allows you to securely submit essential information (photo ID, proof of address) and other details in just a few minutes. Once you have completed this process, you will be asked to wait for a few days while your account is reviewed. As soon as that review finalises and your status switches to “verified”, your limits will lift. Verified users can benefit from unlimited withdrawals and transfers.
Skrill Customer Support
The good news about Skrill is that you probably won’t need to contact customer support. Everything is designed to run smoothly and without issue, and it’s rare you will need any assistance. The bad news is that Skrill can be slow and unhelpful if you ever do need to contact them. The last time we sent them an email we received an automated response telling us we would get a reply within 2 weeks. 2 weeks later, we got that reply, and it was a form letter requesting more information. We supplied that information, and then waited another 2 weeks to get a reply. In total, it took them 8 weeks and 5 emails to resolve what was ultimately a minor issue. However, they tend to be quicker to respond to serious issues and there is also an extensive FAQ to help you resolve your problems.
Additional Skrill Account Options
Boost your Skrill account with these additional services
•Skrill Knect: A loyalty program that can earn you frequent rewards.
•Skrill Prepaid MasterCard: A prepaid card backed by MasterCard. Use it to make purchases online and offline, with no credit cards needed and a wealth of security features offered.
•Skrill Virtual Card: All the benefits of their Prepaid MasterCard but entirely virtual. You can add it to your Skrill wallet.
Summary: Skrill for Online Casinos
Skrill is a popular choice with millions of casino gamblers, and when you consider everything we’ve discussed above, from the low fees and instant transactions, it’s easy to see why. Many years ago, it was considered as an alternative to other popular payment methods, but these days Skrill is a payment powerhouse, and for many casino players, it’s the only way to gamble online.