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Skrill Review — Fees, Rates and Pros & Cons
Digital wallet from Paysafe Group with international transfer functionality.
Read user reviews on TrustpilotMoney transfer operator
Founded
2001
Headquarters
London, UK
Status
Subsidiary of Paysafe Group (NYSE: PSFE)
Fee structure
Flat fee per transfer
Skrill charges a flat fee for international transfers and a small spread on the exchange rate. Wallet-to-wallet transfers between Skrill users are free.
Pros and cons
Pros
- Skrill-to-Skrill wallet transfers are free
- Fast bank-to-bank transfers
- Cryptocurrency and prepaid card features
Cons
- Higher fees on card-funded transfers
- Recipient often needs a Skrill account for cheapest option
- Customer support reviews are mixed
Licenses and regulation
Skrill is regulated as a money services business or licensed bank in the following jurisdictions:
| Country / Region | Regulator |
|---|---|
| UK | FCA |
| EU | Central Bank of Ireland |
Top corridors
Skrill is most competitive on these currency pairs:
Compare against others
Profile based on publicly available company information. For pricing, KYC requirements and current promotions, always check Skrill's official site.