Skrill: a Trusted Digital Wallet for Online Gambling

Skrill, formerly known as Moneybookers, is a digital wallet that has been actively gaining trust in the online gambling world since its launch in 2001.

In 2015, Skrill became part of the Paysafe Group, giving impetus to further development and innovation in the services provided. One of Skrill's strengths is its partnership with numerous online casinos around the world. Users can easily deposit and withdraw funds to their favourite online casinos without disclosing their financial details, providing an additional layer of security.

Skrill pays great attention to mobile integration, which makes it an ideal solution for those who prefer to manage their finances on the go. With an intuitive interface, fast transactions, and global availability, Skrill continues to be a leader among payment systems for anyone looking for reliability, speed, and convenience.

How to Deposit and Withdraw Using Skrill

Sign up for a Skrill account: first, you need to create a Skrill account on the official website and specify the necessary personal data.
Choose a casino and create a gaming account: determine a reliable casino that accepts Skrill deposits and create a gaming account.
Choose a payment method: to make a deposit, go to the Deposit section and select Skrill among all available payment methods.
Make a payment: enter the deposit amount, fill in the required account details and confirm your intention of the payment.
Pass required KYC procedures: the KYC process should be completed before any withdrawals. This can be confirmed through ID data or a driver's license.
Withdrawal your winnings: go to the Withdrawal tab and fill in the necessary fields. Confirm your action and wait for the funds to be credited.

Terms and Conditions of Use of Skrill

There are several ways to top up your Skrill account, and each can include a fee. For example, when replenishing through POLi, the commission is 2.50%, and Paysafecard can charge up to 5%. Withdrawal fees also vary depending on the withdrawal method selected. Here's a rundown:

Withdrawal to bank account: $8.19 flat fee
Withdrawal to Neteller: 3.49%
Withdrawal to cryptocurrency accounts: 2%

Deposits in the Skrill casino are usually processed instantly, and within a couple of minutes, the funds are credited to the game balance. At the same time, the withdrawal time will depend on the withdrawal policy of the casino in which you prefer to play, since each Skrill online casino has its own unique policy. On average, withdrawal times can take between 6 and 24 hours after your request.

As for limits, they are different across all casinos. However, the average range is between $20 and $5,000. Before registering, you can find the limits on the Payments page of the casino, or you can find the limits and other important nuances by contacting the support service.

With withdrawals, the minimum amount you can withdraw also varies from $20 to $30, and the maximum limit is up to $5,000 per week. Please note that VIP players are given higher withdrawal limits that depend on the casino operator.

	Limit	Time	Fees
Minimal Deposit	$20	Instant	0%
Maximal Withdrawal	$5,000	Instant	0%

VIP Program

As we mentioned Skrill's VIP program, let's see how it works and what benefits you can receive with it.

How to Become a VIP User?

To become a VIP user, you must complete transactions worth $15,000 in a Quarter using your Skrill account. After that, you will automatically become a VIP user. In case you fail to match the requirements in a Quarter, your status will be taken away.

How Many VIP Levels Does Skrill Have?

The VIP program consists of 3 levels – Silver, Gold, and Diamond. Each level is received based on the amount spent on transactions made by you with Skrill. As it was mentioned before, Silver level, which is the lowest, is given to users who completed $15,000 worth of transactions. Gold level is given to users that spent $45,000 in a Quarter. And the highest level, Diamond, is given to users whose transactions reached the amount of $90,000.

What Are the Benefits?

Usually, the benefits that provided for VIP users are similar in different financial institutions. Benefits you may receive by Skrill include: lower fees, higher limits, and 24/7 support provided via email. Special offers (invitations to sport matches/music festivals)There's obviously a difference between the benefits provided by different above-mentioned VIP levels. For example, Silver account allows you to have +1 multi-currency account, while Diamond level offers +3. Gold and Diamond users will be provided with personal account managers, yet all the VIP levels receive dedicated customer care, as well as no sending money and bank withdrawal fees.

Bonuses and Skrill Deposits: What Players Should Know

While most online casinos offer welcome bonuses on first deposits, players using Skrill may find themselves excluded. In many cases, the Terms and Conditions of bonus programs explicitly list Skrill as ineligible for promotional offers. There are several reasons for this.

Transaction Fees: Skrill charges fees to process payments, which can reduce profit margins for casino operators. To manage these costs, some casinos exclude Skrill from bonus-eligible deposit methods.
Regulatory Compliance: In certain jurisdictions, regulators require enhanced identity verification before casinos can issue bonuses. Some operators view Skrill’s KYC procedures as insufficient for meeting these standards, particularly when stricter local rules apply.
Bonus Abuse Prevention: Casinos often restrict specific payment methods to deter bonus fraud. Skrill has historically been used in so-called “bonus abuse” schemes, where users deposit funds only to withdraw bonuses without actual play. Excluding Skrill helps limit this risk.

Players are advised to review the terms of any bonus offer before depositing, and to confirm whether Skrill is accepted as a qualifying payment method.