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AUD 80
Min. Transfer Amount
AUD 15,000
Max. Transfer Amount
1 day
Transfer Speed
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Product Name | Skrill International Money Transfers |
---|---|
Min. Transfer Amount | AUD 80 |
Max. Transfer Amount | AUD 15,000 |
Transfer Methods | Online, Bank Account to Bank Account |
Transfer Options | Regular payments, One off payments |
Transfer Speed Minimum transfer time | 1 day |
Customer Service | Phone, Email |
Available Currencies | AUD, BDT, EUR, GBP, IDR, INR, KES, LKR, MXN, MYR, NPR, PHP, PKR, PLN, THB, USD, VND |
Skrill, formerly known as Moneybookers, is an online e-commerce service that lets you send money both domestically and internationally between a variety of currencies. Money sent through Skrill can be delivered directly to bank accounts or held in a third party mobile wallet, depending on what the customer wants.
Skrill is licensed and regulated by many different countries and federal organizations, including monetary authorities in the US, UK and EU. Specific features of these regulations require Skrill to:
What Skrill's reviews look like, accurate as of October 8, 2020.
Trustpilot | 4.4 out of 5 — based on 14,519 customer reviews |
Monito | 8.3 out of 10 — based on staff reviews |
When we checked, 19% of Skrill's reviews on Trustpilot were Bad, which is Trustpilot's name for 1-star reviews. This is something to keep in mind before using the service. A lot of the Bad reviews focus on customers losing money during transfers, and customers having to pay high fees to withdraw money from their accounts. Be sure to read up on Skrill's fees and exchange rates before sending a transfer to make sure you understand exactly what you'll be paying and when fees will be charged.
Australian residents will need to pay when making deposits as well as withdrawals.
One additional fee to watch out for when opening a Skrill account is the Stay Active Fee. If you don't login and make at least one transaction every 12 months you'll face a €5 (or equivalent) fee every month until you start using your account again.
Skrill limits customers based on the status of your account, selected payment method and the country you're sending to. It is unclear whether Skrill will allow you to raise these limits, as Skrill reserves the right to vary transaction limits at its discretion.
If a payment is made that exceeds the account limit, Skrill will cancel the payment and notify you immediately so that you may lower the amount in accordance with the limits of your account.
Whether you are trying to deposit money into your account or withdraw money after receiving it, Skrill has a few options for you to choose from.
Skill allows deposits in the following ways:
Australian customers may withdraw funds via local bank transfer or through the SWIFT network.
To send money through Skrill you will need to sign up for a free Skrill account. To do this, you'll need to provide:
The steps to send money through Skrill are:
Your recipient will typically receive the funds in 2 to 5 business days.
Yes, Skrill has an app on both Google Play and the App Store. The app makes it possible to:
Reviews accurate as of September 30, 2020 | |
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Google Play Store | 3.8 out of 5, based on 94,325 customer reviews |
Apple App Store | 4.2 out of 5, based on 658 customer reviews |
More on the best money transfer apps
Skrill offers both personal and business services. Skrill's business services include merchant accounts that can:
Read our Skrill business e-commerce review for more details on what this service can and cannot do.
Enter the amount you want to send and select the destination country, then click Calculate to quickly see what your transfer could look like with our partners.
Skrill's introduction of international money transfers through its service to the US market has certainly extended its global reach. As Skrill continues to expand into the US, expect more countries and currencies to become available for international transfers. If the country you want to send to isn't supported by Skrill, head over to our international money transfers guide to find a money transfer service that works for you.
Skrill and PayPal are both large e-commerce focused payment services. There are many differences between the platforms, including:
To learn more about PayPal and decide for yourself which option is the better choice, read our PayPal review.
You will only be able to cancel a Skrill transaction if it hasn't processed yet. If the status of the transaction is marked as pending, then follow these steps to cancel:
Funds should automatically be returned to your account after you sucessfully cancel the transaction.
Follow these steps to close your Skrill account for free:
Note: Any funds not withdrawn before closing your account will be forfeited to Skrill.
Skrill customer service can be reached through email: help@skrill.com