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Paul McKenna

Oct 10 2022

Skrill Fees, Limits and How To Get A Better Deal In 2022

A breakdown of all Skrill fees and limits. We also show you how to get a much better deal with them by linking up with eWalletBooster.

Navigating through the various Skrill fee and limit schedules can be time-consuming, and sometimes it can be difficult to find the information you require as there are many different factors affecting the fee structure.

We’ve put together this updated guide to help explain the different fees and limits and offer a comparison of the two between different VIP levels.

Table of Contents:

  1. Skrill Deposit Fees
  2. Skrill Withdrawal Fees
  3. Skrill MasterCard Fees
  4. Skrill to Skrill (P2P)
  5. Skrill FX Fees
  6. Skrill Bitcoin Fees
  7. Skrill Admin Fees
  8. Further Reading

One thing to note before you continue reading is that when you progress from a non-VIP to a VIP, your fees are drastically reduced and your limits are a lot higher. If you are not yet a VIP member, we can help sort this out for you. Click here to Become a Skrill VIP with eWalletBooster.

To quickly check your personal fees and limits, log in to your Skrill account and start to make a deposit, transfer, withdrawal, etc. The limits and fees applied to your account will be displayed clearly under the transaction popup.

Skrill Deposit Fees

There are many methods that are available to use to deposit funds at Skrill.

The fee for most Skrill deposits is 1%, but for some countries and payment methods, a fee of 2.5% is applied.

Most regular deposits, such as bank transfers and credit/debit cards, incur a fee of 1%.

This is in contrast to Neteller deposit fees, where most standard deposits cost 2.5% (with the exception of deposits over $20,000 which are free of charge at Neteller).

As there are hundreds of country, currency, and method combinations available, it would not be possible for us to list all the fees here.

To find the specific fee for your currency, country, and method, please use the dropdown filter on Skrill’s fee page, as noted above.

Skrill Deposit Limits

Skrill accounts don't have one hard-and-fast deposit limit; they vary based on several factors.

Whilst verified Skrill accounts do have large deposits limits and are certainly enough to cover the vast majority of user’s requirements, if you want to know your deposit limits for a particular deposit method, please follow the steps below:

Login to Skrill and click on Deposit > Select your desired deposit method. In this example, we will use Rapid Transfer.


On the next page, you enter your bank account details, and then you will see the minimum and maximum deposit limits.


In this example, for verified but Non-VIP accounts, the minimum deposit is $1.22, and the maximum deposit is $2,432.64.

Skrill Withdrawal Fees

As with deposit options, there are numerous ways to withdraw your funds.

The fee will be determined by method and by your VIP status. Bank withdrawals are free for all VIP levels (Silver, Gold, and Diamond).

For Non-VIP’s, the withdrawal fees are:

Bank Transfer Withdrawal$6.70 USD
Credit/Debit Card Withdrawal7.5%
Neteller Withdrawal3.49%

Skrill Withdrawal Limits

Your Skrill withdrawal limits depend (again!) on your VIP status and the method into which you choose to request your funds be withdrawn.

The process for finding out your Skrill withdrawal limits is similar to how you find your deposit limits:

  1. Log into your Skrill account and click on ‘Withdraw’
  2. Select your preferred withdrawal method
  3. Confirm the account details
  4. You will see your withdrawal limit on the next page

Skrill MasterCard Fees

Skrill has two prepaid card options. The regular physical Skrill Card and the virtual prepaid MasterCard.

Both prepaid MasterCards are available only in the EEA (European Economic Area) and the UK.

Your MasterCard fees and limits will be determined by your VIP level and currency. The comparison table below shows the amounts in euros (€). Those that use non-Euro currency will be charged the current equivalent exchange rate of Euros to their local currency.

You can check your limits in your Skrill account currency by doing the following:

  1. Log into Skrill and select ‘Skrill Card
  2. Navigate to either your Virtual or Physical card
  3. Click on the currency toggler – in this example it is EUR or USD (the example Skrill account is in USD)

Skrill Physical Card Fees and Limits

MasterCard Application Fee€10FreeFreeFree
Replacement Fee€10FreeFreeFree
Cash Withdrawal Limit€900/per day€1,500/per day€3,000/per day€5,000/per day
FX Fee3.99%2.89%2.59%1.99%
ATM Withdraw Fee1.75%FreeFreeFree
POS Limit€2,700/per day€3,000/per day€5,000/per day€10,000/per day
Annual Fee€10FreeFreeFree

Skrill Virtual Card Fees and Limits

Order CardFree
Cancelled Card Replacement€2.50 EUR
Annual Service Fee$10.00 USD
Max Per Transaction€2,600
Max Purchases per 24 hours10
Max POS Purchase per 24 hours€2,600

Skrill to Skrill Transfer Fee

There have been numerous changes to the Skrill P2P over the last couple of years, the most recent of which is Skrill True.

What is Skrill True?

Skrill True is a new membership level that can be easily achieved by all Skrill customers.

To become a Skrill True member, you simply need to complete the following steps:

  1. Download and login to the Skrill app
  2. Make an eligible deposit* upload into your Skrill account
  3. Verify your identity

*Does not include Paysafecard or Paysafecash

What are the benefits of becoming a Skrill True member?

The main benefit of becoming a Skrill True member is that you will benefit from FREE P2P Transfers, regardless of your VIP level.

Please see the table below to compare Skrill-to-Skrill P2P transfer fees according to your VIP status and whether you are Skrill True.

Non-VIP, Non-VerifiedNon-VIP, VerifiedSilver VIPGold VIPDiamond VIP
Skrill to Skrill (P2P)2.99%FreeFreeFreeFree

To summarise, the key points regarding the Skrill P2P fee structure are as follows:

  1. All VIP members will benefit from FREE P2P transfers.
  2. All Skrill True members will benefit from FREE P2P transfers.
  3. If you are not a VIP and you are not Skrill True, the P2P fee will be 2.99%.
  4. The new fee structure for Skrill True came into place on April 27th 2021.
  5. From April 27th 2021 onwards, the new rules applied to all Skrill customers, regardless of when you registered.
  6. The new rules are applicable to all countries.

Skrill to Skrill Transfer Limit

The minimum amount for Skrill-to-Skrill transfers is $0.01 / €0.01.

The maximum amount is dependent on your VIP level but generally the limits for P2P transfers are high so you should be able to transfer the amount you request.

To check the Skrill P2P limit please do the following:

  1. Log in to Skrill
  2. Select "Send" from the sidebar
  3. Click "Skrill to Skrill"
    • Your P2P fee will be displayed below, as shown in the photo beneath.
  4. Enter the email address to which you wish to send funds
  5. Your maximum transfer limit will be displayed on the next page

Skrill to Neteller Transfer Fee

Many countries have limited options for receiving funds because of issues such as lack of access to bank accounts. This often leads to users sending funds between various e-money services - in this case, Skrill to Neteller (or vice versa). 

The fee for P2P transfers between Skrill and Neteller is 3.49%, though this drops as you gain VIP tiers.

How to transfer from Skrill to Neteller?

Follow the instructions below to send money from Skrill to Neteller:

  1. Login to the Skrill account you want to use to transfer to Neteller and click on 'Withdraw' from the menu on the left-hand side.
  2. Select Neteller as the withdrawal method.
  3. Enter the withdrawal amount and email address of the Neteller account to which you wish to deposit.
  4. Complete the steps and confirm the transfer.

Skrill FX Fees

Skrill uses a reliable interbank rate provider for their FX transactions you can be assured that you are getting a fair rate.

The FX fee you're charged depends on your VIP Level.

Below you will see a comparison of the FX fees according to the VIP levels. Please note that your assigned VIP level will determine your FX fee for all types of transactions, including your prepaid MasterCard.

Skrill FX Conversion Fee3.99%2.89%2.59%1.99%

Skrill Bitcoin Fees

Skrill now functions as a cryptocurrency exchange, allowing users to buy, sell, and trade a select few cryptocurrencies that are supported by the platform. The fees are quite straightforward, varying only based on how much you transfer, as shown below.

Up to €19.99€20.00 - €99.99€100+
Buy Crypto€0.99 per transaction€1.99 per transaction1.50% per transaction
Sell Crypto€0.99 per transaction€1.99 per transaction1.50% per transaction
Crypto P2P0.50% per transaction0.50% per transaction0.50% per transaction

As usual, if your account is in a different currency to EUR, you will pay the currency equivalent.

Skrill Admin Fees

There are a number of additional fees that Skrill charge. Whether you are considering opening a Skrill account or you are a longstanding existing customer, it is useful to consider these additional fees to see whether you are affected.

Note that most users rarely (if ever) encounter any of these fees - especially if they follow the Skrill Terms and Conditions to which they agreed.

Inaccurate or untruthful information & lack of cooperationUp to €150
Chargeback fee€25 per chargeback
Attempted Cashback upload fee€10 per upload
Prohibited transactions feeUp to €150 per instance
Reversal of a wrong transaction fee€25 per reversal

Inaccurate or untruthful information & lack of cooperation: €150.00 EUR

Upon registering with Skrill, you must agree to their terms and conditions. These are laid out here, and you can find the specific (relevant) subsection listed in each following section.

If you are found to have provided inaccurate or untruthful information and do not cooperate as instructed by Skrill within 6 months, then they reserve the right to charge you a fee of up to €150 EUR. T&C 4.5.

Chargeback fee: €25.00 EUR

If you make a Skrill deposit from a payment method, such as a credit card, that allows you to claim funds back via a chargeback and the reason for the chargeback is anything other than an unauthorised use of your card, Skrill will charge you €25.00 EUR or your local equivalent. T&C 8.3.

Prohibited transactions fee: €150.00 EUR

This fee mainly affects customers who are operating an account for business-related purposes. Essentially if you are receiving funds for any of the following categories, then you could be liable to pay this fee while Skrill investigates your account.

Excluded Categories:

  • Money exchange
  • Remittance businesses
  • Bureaux de change
  • Currency exchanges
  • Purchase of travel money
  • Collection of any form of donations or payments to a charitable or not-for-profit organisation dealing in natural resources such as jewels, precious metals, or stone
  • Live streaming
  • Sale or supply of alcoholic beverages
  • Sale or supply of dietary supplements and alternative health products

Please note that the excluded categories are not solely limited to the list above. If you're unsure whether your business will meet or fail these categories, reach out to Skrill customer service before continuing. T&C's 11.

Incorrect Transaction Reversal Fee: €25.00 EUR

When you request a withdrawal from Skrill via the money-out options, you should always take great care when entering bank details, IBAN, BIC etc details, especially if the withdrawal is for a large amount.

If you enter incorrect details and the payment is sent to the wrong place, you can request Skrill to help you with recovering the funds. However, an administrative fee of up €25 will apply.

Please note that paying the administrative fee does not guarantee that your funds will be returned, so again, please take the utmost care when requesting bank withdrawals. T&C 12.7.

Further Reading

If you have further questions related to Skrill, we suggest reading the following articles:

Get a FREE Fast Silver VIP Upgrade on Your Skrill account with eWalletBooster

arrow right iconUp To €100 Cash Bonus from Skrill

arrow right iconUp To $30 Bonus from EwalletBooster

arrow right iconGet Skrill “Fast Silver VIP” status for FREE

arrow right iconGet Skrill “Silver VIP” for only €5,000

arrow right iconFREE Verification (no deposit required!)

arrow right iconPriority verification (less than 12 hours!)

arrow right iconFREE P2P (peer-to-peer) transfers

arrow right iconDiscounted 2.89% FX Fee (usually 3.99%)

arrow right iconExclusive eWalletBooster REWARDS dashboard



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