Skrill Piling on Fees in April 2017

5832

February 3rd, 2017

Back

If anyone is still hanging on to their Skrill accounts by a thread, you may be prepared to cut all ties after their recent notification. As if PaySafe hasn’t gone far enough to kill its Neteller and Skrill payment solutions, the next nail in the coffin will come as of April 3rd. Instead of passing on a bit of good news, they just wanted to drop their customers a note regarding the increased surcharges and fees they plan to pile on.

It has always been free to receive money but now, a new surcharge of 1% is being introduced for all transfers TO your account FROM members in any of the following countries:

Albania, Argentina, Armenia, Azerbaijan, Bangladesh, Belarus, Bosnia‐Herzegovina, Brazil, Bulgaria, Cambodia, Chile, China, Colombia, Costa Rica, Croatia, Cyprus, Czech Republic, Egypt, Estonia, Georgia, Greece, Hungary, Iceland, India, Indonesia, Israel, Japan, Kazakhstan, Kenya, Korea (South), Kuwait, Latvia, Lithuania, Macedonia, Malaysia, Mexico, Moldova, Montenegro, Nigeria, Oman, Pakistan, Peru, Philippines, Romania, Russia, Saudi Arabia, Serbia, Seychelles, Slovenia, South Africa, Sri Lanka, Thailand, Tunisia, Turkey, Ukraine, United Arab Emirates, Uruguay, Venezuela, Vietnam and Taiwan.

A 1% surcharge will also apply to all transfer FROM accounts of members residing in Taiwan.

Skrill members will pay a 1 Euro ‘Minimum Receive Money’ fee for every transaction sent to your account.

Upload funds fee increases:

Sofort, Giropay: 1.9% (up from 1.50%)
JCB, Diners Club cards: 2.5% (up from 1.90%)
MasterCard: 2.25% (up from 1.90%)
Paysafecard: 7.5% (up from 7%)

Currently at 2 EUR, the ‘User Inactive Fee’ will rise to 3 EUR. This fee is charged when you fail to “login or make a transaction at least every 12 months”. What’s interesting about this is that the attachment in the February 3rd Skrill notification email indicates a 100 EUR fee. "You will be charged a monthly inactivity fee of 100 EUR (or equivalent) if no funds have been uploaded, withdrawn, sent or received through the Merchant Account(s) within the last six (6) months.” Interesting.

As a company that boasts, “We’re committed to keeping fees low”, they sure have a funny way of showing it.

“surcharges and fees they plan to pile on”

Casino Banking

Back to articles

Was this article helpful?

Your Feedback

Please enter your comment.

Your comment is added.

Member's feedback (18)

S/ADAMGHALI 6 years ago Sr. Member

Yes Skrill gonna loose more account costumers they rise the commission again.

Please enter your comment.

Your comment is added.

Cancel Submit

Casinista932 7 years ago Hero Member

Original

Translation

translated with

If Skrill decides to implement this type of commission I am convinced that many players and different casinos will decide not to use this type of tool anymore. It also occurs to me that Neteller, run by the same company, will decide to make the same decisions. These reckless moves will only divert many people to Ecopayz which becomes a viable alternative. It would become unsustainable and expensive for a player who plays in a casino with a different currency to use Skrill, and for the same casino to send money without asking for a commission. Some casinos such as Comeon already provide a percentage for deposits with Skrill / Neteller, while others, such as the casinos of the ClubWorld group instead, have decided to give up Skrill (and also Neteller) as a deposit / withdrawal method.

Please enter your comment.

Your comment is added.

Cancel Submit

petsma65 7 years ago Newbie

I think skrill gonna loose a lot of customers world wide,Netteller is a cheepier alt or is it anyone who has a better alternative.

Please enter your comment.

Your comment is added.

Cancel Submit

Yautjazz 7 years ago Super Hero

Skrill charged 2 years ago only 2,95€ for bank transfer,now the fee for a bank transfer is 5,50€ this is really pity,because there is no differenece anymore with Skrill and neteller (Nettler charge 7,50€ for a bank Transfer which is way to much)

Please enter your comment.

Your comment is added.

Cancel Submit

Judesiukas69 7 years ago Sr. Member

I think that1% is not much, and no one will suffer from that very much, my country may also be placed in this group.they also want is to make money and who is not satisfied with such a fee they should't use Neteller or Paypal, so is my opinion.

Please enter your comment.

Your comment is added.

Cancel Submit

drtheolen 7 years ago Moderator

Since they made Mastercard unavailable to use in Serbia, Im no longer using neither Neteller nor Skrill. So one thing is sure, they will not be collecting any sort of fees from me anyway. Still, I have to notice they are sinking deeper and deeper as the time goes by...

Please enter your comment.

Your comment is added.

Cancel Submit

Feelin froggy 7 years ago Superstar Member

Neteller will be raising the rates on certain funding methods in April too. I didn't see any other horrors with them but there could be something I missed. Anyone come across any other changes with them?

Please enter your comment.

Your comment is added.

Cancel Submit

Trdza 7 years ago Superstar Member

Skrill has been a reliable e wallet used by millions worldwide, before their policy has changed, but now it looks like they want to lose more customers. Nice job! :D

Please enter your comment.

Your comment is added.

Cancel Submit

zuga 7 years ago Admin

@cica001 yes 100 EUR fee is only for biz/merhant accts.

Please enter your comment.

Your comment is added.

Cancel Submit

Sylvanas 7 years ago Admin

LOL ok, they have officially gone mad. Why are they doing this though, I wonder.

Please enter your comment.

Your comment is added.

Cancel Submit

cica001 7 years ago Hero Member

Where is that 100 euro fees?For business accounts? I asked on fb but they not answer me exactly,they gave link but i not see where is 100 euro fees

Please enter your comment.

Your comment is added.

Cancel Submit

Vanenhox 7 years ago Sr. Member

Thank you for this critical article. Based on the email I just got from Skrill, and the information at the page linked in this Skrill email, I would not have known that the fees are increasing substantially. I suppose that some competitor might step into the breach and offer the same services at a more reasonable cost....

Please enter your comment.

Your comment is added.

Cancel Submit

2fast4u 7 years ago Hero Member

I ceased using both neteller and skrill like 6 months ago when they first announced the new fees. I find ecopayz and even freaken paypal more suitable now.

Please enter your comment.

Your comment is added.

Cancel Submit

nirvana 7 years ago Super Hero

what a bunch of idiots.!

Please enter your comment.

Your comment is added.

Cancel Submit

zuga 7 years ago Admin

all i can say... utter BS

Please enter your comment.

Your comment is added.

Cancel Submit

robby8111 7 years ago Sr. Member

But i think i found a good Alternate to all of you having Trouble or can not use Neteller anymore. Just check the Thread I created and see if its helpfull to you. https://jswqzs.com/onlinecasinobonusforum/casino-banking/alternate-for-all-of-you-who-having-trouble-with-neteller-new-policies-terms

Please enter your comment.

Your comment is added.

Cancel Submit

robby8111 7 years ago Sr. Member

Agree with Markotik . And I am very happy and glad to live in Germany so my Neteller Account works fine. Like the Years before and after they changed their Policies & Terms and updated a new Non-Serviced Countries - List. Which did not any effects to me and my Account ( THANX GOD) I never came in the Situation to use...

Please enter your comment.

Your comment is added.

Cancel Submit

Markotik 7 years ago Admin

I'm reading this and I cannot believe my eyes. Are they crazy, or what? 100 EUR fee!.... monthly?! That's thievery, lawful thievery, to use the oxymoron. If skrill was a casino, it would have been already placed on the Warning List. Nice going Skrill.