Skrill Fees 2020 Overview

If you are looking for easily move and safely store your funds, as well as low Skrill fees, Skrill with eWO is a great choice for you. Combined with our free Skrill Cashback Program you will even get more out of your eWallet.

By signing up with us you will enjoy lots of benefits like lower Skrill VIP Program, monthly special benefits and of course our personalized Skype support 365 days a year.

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 and to see how much you can profit compared to regular Skrill customers.

The following table gives you a quick overview about all benefits you will have with us.
Please note, we have focused on the Bronze, Silver and Gold VIP level. As eWO clients you will have much lower requirements to get upgraded and therefore enjoy much lower fees, higher transfer limits, earn Skrill Knect Points and much more.

  • P2P Transfer Fee
  • Currency Conversion between Skrill accounts
  • Bank withdrawal fees
  • Credit card deposit
  • Transfer to/from Skrill Merchant
  • Check for details
  • Regular Skrill non-VIP Client
  • 1.45% (min 0.50 EUR)*
  • 3.99%
  • 5.50 EUR
  • 5.50 EUR
  • FREE
  • P2P Transfer Fee
  • Currency Conversion between Skrill accounts
  • Bank withdrawal fees
  • Credit card deposit
  • Transfer to/from Skrill Merchant
  • Check for details
  • eWO Clients
  • Bronze VIP: 1.45-20% (min 0.50-30 EUR)*
    Silver VIP or higher: FREE*
  • Bronze VIP: 3.79%
    Silver VIP: 2.89%
    Gold VIP: 2.59%
  • Silver VIP or higher: FREE
  • Silver VIP or higher: FREE
  • FREE
* Money transfer fee Structure

Accounts created on 10th October 2019 or later

All new accounts created on 10th October 2019 or later will have a fee of 20% (minimum 30 EUR) on their first transfer. Those changes affect clients from all countries without any exception.

To lower or remove the fee you will have the following options now:

  • deposit to your Skrill through bank transfer or credit/debit/virtual card – the fee will be removed to 1.45% (0.5 EUR min. fee).
  • reach silver VIP level or higher – the fee will be completely removed from the account then.

Without increasing your account to VIP or making a deposit it is no possibility anymore to lower or remove the fee.

Fee Structure for accounts created before 10th October 2019

Accounts created between 4 April 2019 and 22 July 2019 (included)

  • Countries
  • Bangladesh, Korea, India, Tunisia,
    Nigeria, Costa Rica, Bolivia, El Salvador
  • Fee BEFORE first deposit
  • 5.50% (min. 20 EUR)
  • Countries
  • Bangladesh, Korea, India, Tunisia,
    Nigeria, Costa Rica, Bolivia, El Salvador
  • Fee AFTER first deposit
  • 1.45% (min. 0.50 EUR)

Accounts created on or after 23 July 2019

  • Countries
  • Albania, Armenia, Azerbaijan, Bangladesh,
    Bosnia & Herzegovina, Bolivia, Bulgaria, Costa Rica,
    India, Korea (South), Montenegro, Nigeria, Pakistan,
    Panama, Tunisia
  • Fee BEFORE first deposit
  • 5.25% (min. 10 EUR)
  • Countries
  • Bangladesh, Bolivia, Costa Rica
    El Salvador, India, Nigeria, South Korea, Tunesia
  • Fee AFTER first deposit
  • 1.45% (min. 0.50 EUR)

Please keep in mind, like for NETELLER, this fee counts only for the first money transfer and only for accounts created after the 3rd April 2019 without making any deposit first (excluded deposit payment methods are NETELLER, Paysafecard or BitPay). As soon as you make a deposit you will have the standard fee of 1.45% (min. 0.50 EUR) for your first money transfer.

Example – account created between 4th April and 21st July 2019:

A Bangladeshi customer who makes his first transaction without depositing first sends 500 EUR from his Skrill account (non-VIP) to another Skrill account and will have to pay 27,50 Euro in fees.

BUT: if this client makes a deposit to his Skrill account first, then the fee will be reduced to 1.45% automatically and he only needs to pay 7.25 EUR fee.

* Bangladesh is excluded from this and will not have free money transfer with Silver VIP status.

The following table gives you a full overview about the fees for the Skrill MasterCard for eWO VIP clients compared to regular non-VIP clients.

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 MasterCards 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 MasterCard Fees

  • Card issue and activation
  • ATM Cash withdrawal
  • Using card for regular payments
  • PIN reminder
  • Exchange Fees (FX)
  • Card replacement (stolen/lost)
  • Check for details
  • Regular Skrill non-VIP Client
  • 10 EUR
  • 1.75%
  • FREE
  • FREE
  • 3.99%
  • 10 EUR
  • Card issue and activation
  • ATM Cash withdrawal
  • Using card for regular payments
  • PIN reminder
  • Exchange Fees (FX)
  • Card replacement (stolen/lost)
  • Check for details
  • eWO VIP Clients
  • FREE
  • Bronze VIP: 1.80 EUR
    Silver VIP or higher: FREE
  • FREE
  • FREE
  • Bronze VIP: 3.79%
    Silver VIP: 2.89%
    Gold VIP: 2.59%
    Diamond VIP: 1.99%
  • FREE

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 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 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.

For the full info please check our detailed Skrill vs NETELLER comparison.

Skrill is already a good choice out of the box, but combined with all benefits of your free eWO program you will get the most out of it. Enjoy lower VIP requirements, our monthly special benefits and our personalized Skype support.

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