Skrill Fees 2020 Overview

If you are looking for easily move and safely store your funds, as well as low fees, Skrill could be a good choice for you.

To make it as easy as possible we have summarized all benefits for you. Take a look at the following guide to find all information about the possible fees.

Skrill fees are a complex topic, and they also change frequently. Therefore, we recommend checking the Skrill Fee page to always have the up to date and accurate fee overview.

For any question about it, you can check the Skrill Support page where you can find all options to get in touch with Skrill directly.

All details about the Skrill MasterCard fees you can find on the Skrill MasterCard page. As you will quickly see there are lots of benefits for our VIP customers and you should make sure to reach the required volumes to get upgraded.

Please note, currently Skrill does NOT offer their Skrill Prepaid MasterCard for residents of NON-SEPA countries any longer.

We don’t have any information if this is permanent or if they will offer their card again for all clients anytime soon, but we will keep you posted about any changes.

Skrill launched their cryptocurrency service in 2018, and now you can buy and sell cryptocurrencies (10 options are available now) using one of 40 fiat currencies. This is a great way to start investing in cryptocurrencies and simply manage them.

In the following table you will find complete information about all fees you will need to pay when you’re buying and selling cryptocurrencies.
For further info please also check our detailed Skrill Crypto Review.

  • Buying/selling transactions
  • Up to EUR 19.99
  • Between EUR 20 – EUR 99.99
  • Above EUR 100
  • EUR/USD accounts with any VIP levels
  • Other currency accounts with any VIP levels
  • Fees
  • 0.99 EUR per transaction
  • 1.99 EUR per transaction
  • 1.50 % per transaction
  • 1.50 % per transaction
  • 3 % per transaction

  • Another fees
  • Currency conversion fee
  • P2P crypto transfers
  • 1,5% per transaction
  • 0,5% per transaction

Administrative fees are very rare, but we provide this information to you so that you can be prepared for the possibility that additional fees in some cases. Check the following table for information about all Skrill administrative fees, and below the table you will find more information of each type.

  • Fee type
  • Skrill Inactive Fee
  • Close Skrill Account Fee
  • Incorrect Transaction Reversal Fee
  • Chargeback Fee
  • Attempted cash upload fee
  • Fee amount
  • 5 USD / Month
  • 150 USD / One Time
  • Up To 25 USD
  • 25 USD
  • 10 USD Per Upload
  • Skrill Inactive Fee
    This fee is charged if you have not used your Skrill account for 12 months and more. If you have money in the account, then each month you will be charged 5 EUR or the equivalent in another currency (if your account is non-EUR). Please, log in to your Skrill account at least once a year to avoid this fee.
  • Closed Skrill Accounts Fee
    The Skrill Term of Use requires all Skrill users to provide accurate and truthful information about themselves. In case you do not follow this rule, Skrill has the right to close your account and charge an administrative fee. We want to note that we have never heard that such a fee was charged from one of our customers and partners.
  • Incorrect Transaction Reversal Fee
    Please, be careful when specifying the payment details of the withdrawal! If you made a mistake and entered the wrong payment details, you can contact the Skrill support to get help with a refund. However, in this case, an additional fee will be charged to you, and Skrill does not give any guarantees that their efforts will lead to a refund.
  • Chargeback fee
    If you’re uploading funds to Skrill using a bank card and then used a chargeback, Skrill will charge an additional fee of 30 USD.

Since the merger of Skrill and NETELLER, combined to the Paysafe Group, the fees of both eWallets are now very much the same.

While the conditions to become Skrill VIP and NETELLER VIP are still a bit different the fees are adapting to each other.