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About Skrill
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 favorite 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.
Skrill doesn't share your financial information with betting sites and every transaction is encrypted
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How to Play with Real Money 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. The next step is to determine the reliable casino that accepts Skrill deposits, and create a gaming account, just fill in the necessary data to register. When choosing a casino, you can use our list.
- Deposit and play before winning. To make a deposit, go to the “Deposit” section and select Skrill among all available payment methods. Enter the deposit amount, fill in the account details and confirm your intention. When you credit your account, you can start playing games.
- Pass required KYC procedures. Before the amount you want to withdraw appears in your account, you will need to complete the KYC process in any way convenient for you. This can be confirmation through passport data, driving licence.
- Withdrawal your winnings. Then you need to go to the cash register and go to the “Withdrawal” tab and fill in the necessary fields. Confirm your action and expect to be credited to your personal account.
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 that will help you navigate between $20 and $5,000. Before registering, you can find out the limits on the main page in the footer of the site in the Payments section, or find out 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 are the benefits you can receive with it.
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.
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, Diamong, is given to users whose transactions reached the amount of $90,000.
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
24/7 support provided by email
Special offers, such as invitations to sport matches and 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.
Receive Bonuses on Deposits with Skrill
Almost every online casino offers bonuses for new players. However, this is not the case with Skrill. In most circumstances, terms and conditions indicate that Skrill is excluded from the list of payment systems that can be used simultaneously with the receipt of bonuses.
We tried to find out why Skrill is not on the list of payment methods by which you can receive bonuses in online casinos. The first reason is that Skrill charges fees for processing payments, which can be costly for online casinos. To offset these costs, some casinos may decide to exclude deposits through Skrill from their bonus offers.
The second reason is related to the fulfillment of the requirements for the identification of players in accordance with regulatory requirements in certain jurisdictions. For example, some regulators require online casinos to verify the identity of their customers before providing bonuses, and in some cases Skrill may not provide sufficient identity checks.
A third reason is to prevent bonus abuse: Bonus programs are often used to attract players, but to prevent these bonuses from being abused, casinos can restrict certain payment methods for bonuses. This helps ensure that players don't try to cheat the system by contributing money and then instantly taking it out without investing in a real game.
Skrill Pros & Cons
As with every payment method available today, it comes with a range of benefits but is also accompanied by some cons.
- Skrill is easy to use because it allows users to make payments and transfers quickly and easily
- Skrill uses encryption to secure transactions and protect against fraud
- Deposits and withdrawals with Skrill are processed quickly so you can play or collect your winnings faster
- High usage fees
- Skrill only available at a limited number of online casinos
- Charges $5 for unused transactions within 6 months
- Skrill has pretty severe restrictions in terms of bonus offers
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John Gold
Editor-in-chief
Starting as a typical gambler, I was interested in how the industry works. And now, for more than 10 years, I see myself as a gambling expert. After trying out more than 500 pokies, I'm ready to share my insights and tell you what you need to look at to get a good gaming experience.