Skrill Review 2025
Is Skrill the right way to send money abroad for you?
At a glance
Quick summary of Skrill's strengths and specs.
Best For
Gamers, traders, and freelancers who need an instant digital wallet to move money between websites and other Skrill users.
Speed
Very Fast. Skrill-to-Skrill transfers are instant; international bank transfers take 1–5 business days.
Fees
High and Complex. Expect fees for depositing and withdrawing money, plus significant markups on currency exchange.
Safety
High. Skrill is part of the publicly traded Paysafe Group and is regulated by the FCA in the UK and FinCEN in the US.
Our verdict
RateBuddy takeA simple, honest summary of when Skrill feels like the right fit.
Where Skrill shines
- Instant Wallet-to-Wallet Transfers: Sending money to another Skrill user anywhere in the world requires only their email address and happens instantly.
- Niche Industry Integration: It is widely accepted by merchants in the online gaming, gambling, and trading sectors, making it easy to move winnings or investment capital.
- Competitive Bank Transfer Promo: They often run promotions where sending money directly to an international bank account (funded by bank transfer) has zero transaction fees, though exchange markups still apply.
Things to watch out for
- Complex & High Fee Structure: Users often face multiple layers of fees, including costs to upload money into the wallet, fees to withdraw money to their bank, and exchange rate markups.
- Aggressive Security Freezes: A common complaint involves accounts being suddenly frozen for security reviews, tying up users' funds for extended periods without clear communication.
- Inactivity Fees: Skrill charges a monthly service fee if you do not log in or make a transaction within a certain period (usually 6 months), which can drain dormant balances.
How to send money with Skrill
A quick walk-through of what it feels like to use Skrill from sign-up to delivery.
Create your account
Step 1: Create Wallet & Verify. Register for an account online or via the app. You must complete identity verification to lift initial transaction limits.
Set up your transfer
Step 2: Fund Your Account (Optional). You can upload funds to your Skrill digital wallet using a credit/debit card or bank transfer (fees usually apply), or receive funds from a merchant.
Track & receive
Step 3: Select Transfer Type. Choose "Send." You can then select "Skrill to Skrill" (enter recipient's email for instant sending) or "International Money Transfer" to send to a bank account abroad.
Detailed ratings
How Skrill performs on the things that matter.
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Frequently Asked About Skrill
Understand how Skrill is rated on RateBuddy, how often we update their rates, and what to check before you send your first transfer.
Our goal is to give you a clean, unbiased picture of how Skrill performs for your route — including cost, speed, and customer experience.
Banks and old-school cash transfer brands are familiar, but they’re not always cheap or transparent. For this route, RateBuddy compares Skrill against those options on:
- Total cost: transfer fees plus exchange rate margin.
- Speed: how quickly money normally arrives for this payout type.
- Limits & flexibility: minimum/maximum amounts and supported methods.
When you see Skrill near the top of the table, it usually means they beat typical bank/cash-brand pricing on at least one of these dimensions — often more.
The RateBuddy rating is a quick “at-a-glance” score that summarizes how this provider performs on this route, based on:
- Cost: where their pricing sits vs. other providers we track.
- Reliability: consistency of delivery times and payout success.
- Customer feedback: a blend of external reviews and our own user insights.
It’s not financial advice, but a way to help you quickly spot strong all-round options before you dive into the detailed breakdowns on this page.
On this page, we may show selected external ratings (for example, from platforms like Google or Trustpilot) to give you a sense of real customer experience with Skrill.
- We don’t edit or cherry-pick those scores — they come from the original platforms.
- Where possible, we link out so you can read full, unfiltered reviews.
- Our own summaries sit on top of that data; they don’t replace it.
Think of RateBuddy as your comparison lens, and external review sites as your deep dive into day-to-day user experiences.
Some providers may choose to work with RateBuddy on sponsored placements or special offers. When that happens, we clearly label them as “Sponsored”.
- Sponsored status never changes the math of what your recipient receives.
- We still calculate total cost using the exact same methodology as for every other provider.
- Sponsorship may affect how prominently a provider is displayed — not the underlying data.
Our promise: you always see the real fees and rates, whether a provider is sponsored or not. You stay in control.
For this corridor, we aim to keep Skrill’s rates as fresh as possible using a mix of:
- Automated checks: our systems regularly pull or validate quotes.
- Routine refreshes: we re-run comparisons when markets move meaningfully.
- Provider changes: if a provider adjusts fees or products, we update accordingly.
Exchange rates move all day, so minor differences can still happen. For large transfers, always confirm the final rate and fee on Skrill’s own site/app before you confirm.
Small differences can appear for a few reasons:
- Live rate changes: FX markets can move between viewing RateBuddy and confirming on the provider’s site.
- Payment method: using a credit card vs. bank account can change fees or rates.
- Rounding & tiers: some providers use tiered pricing or round differently.
If you see a large or unexpected difference, consider taking a screenshot and contacting both the provider’s support and RateBuddy so we can investigate.
A quick 1-minute checklist can make your first transfer much smoother:
- Confirm the exact name of the recipient matches their ID/bank details.
- Review the fee + rate + total received right before you click “Confirm”.
- Check which documents or ID the provider may need for verification.
- Start with a small test transfer, then increase once you’re comfortable.
Once you’ve done one successful transfer with Skrill, you’ll know what to expect — and you can use RateBuddy to ensure they stay competitive over time.
What this page is for
A deeper look at Skrill on your specific route — beyond the basic comparison table.
- See how this provider is positioned vs. others for this corridor.
- View ratings, reviews, fees and speed in one place — not across many tabs.
- Learn what to watch for before sending your first larger transfer.
- Use it as a side-by-side lens when comparing multiple providers you like.
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