Skrill offers two distinct ways to move money. Its digital wallet is used for online payments, balances, currency exchange and payments between Skrill users, while Skrill Money Transfer sends money directly to supported bank accounts, cards and mobile wallets without requiring the recipient to hold a Skrill wallet.
Reader rating
Reviewed by Klaus Thorup · 16 August 2026 · How we review providers
Is Skrill a good choice?
Skrill can be a convenient choice for people who already use its wallet or supported merchant network. Its separate Money Transfer service is also worth checking when it supports the required destination, but the wallet and transfer service have different fees and should be compared separately.
Best for
- People who already use Skrill for online payments or wallet-to-wallet transfers
- Supported bank, card or mobile-wallet receiving options through Skrill Money Transfer
- Users who want exchange-rate alerts before arranging a supported transfer
Skrill pricing at a glance
Skrill's price depends on which of its two services is used. Skrill Money Transfer may have no separate transfer fee for some bank-funded payments, although its exchange rate still includes Skrill's earnings. Wallet deposits, withdrawals, payments and currency exchanges follow a separate fee table.
This is a USD-to-EUR currency-conversion example. Your exact price may differ by country and by how you pay and receive the money.
About Skrill
Skrill says it has served customers since 2001. The brand is part of Paysafe and is widely used as a stored-value wallet for online payments as well as for moving money between Skrill users.
Skrill Money Transfer sends directly to recipients in more than 40 countries and currencies. It is separate from the wallet: money already held in a Skrill wallet cannot be used to pay for that transfer.
How Skrill pricing works
Skrill Money Transfer shows the exchange rate, any fee and the expected recipient amount before confirmation. It must be paid for using an accepted personal payment method rather than money already held in the Skrill wallet.
Using the wallet can involve deposit, withdrawal, person-to-person payment, currency-conversion or inactivity charges. The charges depend on the account country and activity, so they should not be used to judge the price of a separate Skrill Money Transfer.
What else you get
A well-established digital wallet
Customers can use one account for supported online purchases, payments to other Skrill users and balances in several currencies.
Direct delivery without a Skrill wallet
Skrill Money Transfer can send to supported bank accounts, cards and mobile wallets, so the recipient does not necessarily need a Skrill account.
Exchange-rate alerts
Customers can ask Skrill to notify them when its transfer rate reaches a chosen level.
Strengths and trade-offs
Reasons to choose Skrill
- Convenient for customers who already use Skrill for online payments
- Skrill Money Transfer supports several ways for recipients to receive money
- The transfer rate, fee and expected recipient amount are shown before confirmation
Reasons to compare alternatives
- The wallet and Money Transfer service have separate fee structures
- Money held in the Skrill wallet cannot be used to fund Skrill Money Transfer
- Wallet deposit, withdrawal and exchange charges can make that option more expensive than a direct transfer
Support and account checks
Skrill Money Transfer can request identity and proof-of-address documents when a transaction threshold is reached.
At higher activity levels Skrill may request evidence of income or wealth, such as payslips, tax records, investment evidence or sale documents. Missing requested evidence can interrupt service.
Account holders can seek help after signing in; Skrill also publishes a support bot, messaging and regional phone options. Published message-response targets are not a guarantee for an individual case.
When to look elsewhere
Choose Wise or TransferGo for a more direct bank-transfer experience with clearly separated pricing. PayPal may be more convenient for merchant and wallet payments, while Ria or Western Union is better suited to a recipient who needs cash.
Large investment-related exchange?
For a large currency conversion that is part of genuine investing or trading in the account, compare Interactive Brokers first: its pricing can be difficult to beat. IBKR is a brokerage, not a stand-alone transfer service; use a transfer specialist for cash pickup or a direct payment to someone else.
What to know before you use Skrill
A payment to another Skrill wallet and a Skrill Money Transfer are different products. Decide which one you need before comparing the price.
Available payment and receiving methods depend on the customer's country, destination and currencies.
Public customer ratings often combine wallet, merchant and Money Transfer experiences, so they may not describe the particular service you plan to use.
Sources
Reviewed 16 August 2026
- Skrill product overview (opens in a new tab)
- Skrill international money transfers (opens in a new tab)
- Skrill source-of-wealth checks (opens in a new tab)
- Skrill support options (opens in a new tab)
Skrill vs the competition
These guides compare prices and practical product differences, so you can see which provider may suit you best.