HomeBetting TipsHow to Deposit and Withdraw Using Skrill Payment Method

How to Deposit and Withdraw Using Skrill Payment Method

Established in 2001 as Moneybookers, Skrill is a reliable and secured e-Wallet used for online transactions. This is one of the fastest-growing companies in the business and is situated in the United Kingdom. In general, Skrill is used by online casino players to transfer funds to and from online casinos.

At present, there are more than 500 casinos which accept Skrill as a payment method, and players will be pleased to learn that some of the most highly praised online operators work with Skrill. What is more, Skrill has a customer base of more than 36 million members, which makes it a leader in the online gambling industry.

How to make an account?

Creating an account with Skrill is quick and easy, and it is divided into several steps. First of all, players should choose the purpose of their account, selecting either a personal or a business account. Secondly, gamers have to fill in the registration form.

Afterwards, the Skrill account has to be funded in order to be used at online casinos. Here, players select their country of domicile, as well as the e-Wallet’s permanent currency. Skrill accepts 40 different currencies, so players have a variety of options to choose from. It is vital to remember that if you do not select a currency, the currency of the first deposit you make will automatically become the e-Wallet’s permanent legal tender.

You can fund your Skrill account using one of several ways – either through a credit or debit card, through a prepaid card, through bank wire transfers, etc. Choose wisely, though – different funding methods come at different fees.

How to make deposits with Skrill?

Once you have funded your Skrill account, all you have left to do is transfer money from your Skrill account to the casino you have chosen. Of course, you should select a safe and reliable casino if you want to eliminate the chances of getting scammed.

Once you have decided where to gamble, create an account and head to the site’s banking page. You are required you to choose a payment method, so select the Skrill deposit method. Next, you have to type in your Skrill account information and select the amount of funds you want to deposit. Check everything carefully and you are ready to submit. Now you know how to deposit with Skrill at casinos.

One of the greatest things about Skrill is that transactions are processed instantly – you will be able to play after just a few minutes.

How to withdraw funds with Skrill?

Whenever players decide to make a withdrawal with Skrill, they can do it in a quick and easy manner. First, you open the casino’s banking page and go to withdrawals. Then, choose Skrill as a withdrawal method and select the amount you want to withdraw. Once you have done everything, check all details again and confirm the transaction.

Keep in mind that, depending on the casino, you might have to wait 3 to 5 business days to receive the funds. This is because each online operator takes time to evaluate the withdrawal request, but it is not possible to estimate exactly how long it really takes. So, until your request is evaluated and approved, it shall remain pending into the casino account.

Fees and limits

Skrill is one of few e-Wallets dedicated to offering players reliable services at permanently low and transparent fees. In general, if there are any fees, those are imposed by the casino itself. In most cases, these fees are paid by the operators themselves, which is why players should not worry about fees related to their transfers.

This is not to say that the method is entirely stripped of fees, though. As mentioned earlier, some Skrill  e-Wallet funding options have higher fees than others. What is more, fees are also imposed when players withdraw funds from the Skrill account to their bank account. Generally, depending on the funding option you have chosen, the transaction can be completely free of charge or cost as much as 7.5% of the amount you use to fund the Skrill account.

Skrill has high withdrawal and deposit limits at most online casinos, which is why it is used even by high rollers. What is more, it is possible to lift the restrictions on the amount which can be deposited or withdrawn. For this purpose, however, players are asked to verify their Skrill accounts by sending a photo of the two sides of their card.

Why choose Skrill as an online casino payment method?

Overall, Skrill is a secure payment method which allows its users to make instant online transactions. The e-Wallet is incredibly easy to use and can be found in almost every renown gambling site.

Last, but not least, with Skrill players get unlimited access to their funds.

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