Skrill is another popular e-wallet you can use to carry out your transactions at online casinos. Just like Neteller, which is its true rival when it comes to online money transfers, Skrill allows online gamblers to process their deposits and withdrawals in a safe and convenient way. Instead of sharing your financial details with the gaming venue, all you have to provide is the email address you have used when you set up your Skrill account.
One of the most attractive features of the Skrill wallet is uploading funds into your Skrill account and sending your money to other emails and Skrill accounts at a reasonable price. If you are interested in using this payment method, stay with us as Casino Bloke has made a list of the best Skrill online casinos along with a guide on how to deposit with Skrill and how to withdraw with Skrill from online casinos.
Skrill was originally founded in 2001 as Moneybookers and it is regulated by the Financial Services Authority (FSA) in the UK. The company was acquired by Paysafe Group for €1.1 billion in March 2015. Being one of the most secure online payment systems, Skrill is very popular among casino players and you can find numerous reliable Skrill online casinos out there regardless of the part of the world you are coming from.
Skrill allows gamblers to choose from 40 currencies so that they can select the one that will suit them best to make their deposits and withdrawals. To use Skrill you will have to open an account on its official website and fund it by using the supported payment options. All you need for setting up a free account is a valid email.
How to Make Deposits and Withdrawals with Skrill
When your Skrill account is funded and you have chosen an online casino accepting this payment method, you can register and proceed to the cashier’s to make your deposit. Choose Skrill, as the banking option is still listed under this name at certain casinos and follow the easy steps which include providing the email you registered your account with and the sum you would like to deposit.
Cashing out your winnings from your casino account requires performing almost the same actions as with deposits. Choose Skrill as a preferred withdrawal method and complete thee procedure. E-wallets are typically the fastest withdrawal options and Skrill is no exception to this rule.
Fees & Timeframes
When it comes to fees, online casinos won’t charge you a fee on your deposits or withdrawals via Skrill. However, according to the information published on the Skrill website, you will have to pay a fee for uploading funds into your Skrill account as well as for withdrawing your money.
Funding a Skrill account via Bank Transfer, Maestro Card or Fast Bank Transfer is free of charge. Deposits with other banking options come at a fee ranging between 0.50% and 7%. For instance, uploading money via Neteller comes at a price of 3%. There is a 1.90% charge for Visa deposits and 7% fee for Paysafecard payments. Withdrawal fees via Bank Transfer and Visa stand at 7.50% whereas cashouts via SWIFT international payment network are charged €5.50 per transaction.
Deposits made via Skrill will be instantly processed and withdrawal timeframes depend on the online casino you play at. Sometimes cashing out may take up to 48 hours with pending period included, but most times these are completed within 6 to 24 hours.
Why Use Skrill
If you are looking for a payment method which will provide you with a fast and secure money transfers at an acceptable price, Skrill may be the perfect fit for you. Your personal and financial details will stay unrevealed if you opt for this banking option. Furthermore, you will be able to use your money in a reasonable period of time whether you send it to your casino account or withdraw funds from it.
It is quite simple to complete deposit and withdrawal procedures and you will be charged no fees by most online casinos. Skrill accounts can be funded by a variety of banking options and all major currencies are supported. What is more, you can use the Skrill 1-Tap application to complete your instant payments via your mobile device in a single tap.