Skrill changes upload fees and crypto service terms

Skrill is updating some of the terms and conditions. Here are the major changes:

  • The uploading funds fee for non-EEA customers will be 2.5%.
  • Customers can use their Crypto account rather than the e-money balance to purchase an interest in a cryptocurrency. Also, a flat fee for crypto transactions of less than €100 is introduced.
  • The commission for domestic Skrill Money Transfer will be 2%. A currency conversion fee of 3.99% will be applied to all such transactions.

Skrill changes upload fees and crypto service terms

Uploading funds

The current commission for uploading funds to your Skrill account is 1%. From 15th January 2020, for all customers outside the EEA* it will be 2.5%. This will become effective for all deposit methods and all non-EEA accounts, including VIP. The upload money fee for customers from the EEA countries will remain the same.

* Countries that belong to the European Economic Area (EEA) include: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and the United Kingdom.

Cryptocurrency service

Skrill has introduced a new feature to the Cryptocurrency service: at the moment only the e-money balance in your account could be used for purchasing an interest in a supported cryptocurrency. But from 15th November 2019, you will be able to use your Crypto account for these transactions.

Also, the fee structure for the Cryptocurrency service has been revised: customers will pay flat €1.99 commission for transactions of less than €100. This change will also become effective on 15th November 2019.

Skrill Money Transfer

From 15th January 2020, the commission for domestic Skrill Money Transfer transactions will be 2%. Non-domestic transfers, when the sender and the recipient are registered in different countries, will remain free. Please also note that all Skrill Money Transfer transactions will be subject to a currency conversion fee of 3.99%.

We will keep you updated on all further information about Skrill fees and new features.

Please contact our support if you have any queries, we are always happy to help!

In order to reduce Skrill fees, increase transaction limits, and receive VIP status on favorable terms, join VipDeposits loyalty program.

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