Skrill Fee Calculator
Calculate Skrill fees: Skrill to Skrill (1.45%), international transfers (free by bank, 1% by debit, 2.99% by credit card), withdrawals (3.49% + €5.50), and FX conversion (up to 4.99%). Compare all transaction types.
Send money to another Skrill user via email (1.45% when funded by card/bank)
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Skrill - Skrill to Skrill Fee Structure
Ever heard of Skrill? It's basically PayPal's European cousin that's been around since 2001 (back when it was called Moneybookers). With 40 million users, Skrill is huge for online gaming, forex trading, and crypto—if you've ever deposited money to a betting site or trading platform, you've probably seen Skrill as an option. It's not as mainstream in the US as Venmo or Cash App, but it's a powerhouse for international transactions.
Here's where Skrill shines: international transfers are FREE if you fund them with a bank transfer. Use a debit card and you're looking at 1%. Credit card? 2.99%. Sending money to another Skrill user? That's 1.45% (minimum €0.50). But watch out for the withdrawal fee—getting your money OUT to a bank costs 3.49% + €5.50. And if you're converting currencies, add another 4.99% markup. Yeah, that currency conversion is brutal.
What makes Skrill different? You can trade 40+ cryptocurrencies right in your wallet, and they'll give you a prepaid Mastercard to spend your balance anywhere. It's like having a checking account, crypto exchange, and international wire service all in one app.
Our calculator breaks down exactly what you'll pay for any Skrill transaction—deposits, withdrawals, transfers, FX conversion, you name it. Just remember: if you don't log in for 12 months, they'll hit you with a €5/month inactivity fee. Use it or lose it.
How Skrill Fees Are Calculated
Skrill uses a tiered fee structure based on payment method and transaction type. International transfers by bank are completely free, by debit card or Klarna cost up to 1%, and by credit card cost up to 2.99%. Skrill to Skrill transfers cost 1.45% (minimum €0.50) when funded by card/bank. Withdrawing to bank costs 3.49% + €5.50, and currency conversion adds up to 4.99%. Receiving money is generally free unless currency conversion is involved.
Skrill Fee Types:
- Payment Processing: 2.99% (no fixed fee)
- Skrill to Skrill: Free via email
- Bank Upload: Free
- Currency Conversion: 3.99% above market rate
- Card Upload: 2.5% fee
- Crypto Trading: ~1.5% per transaction
International transactions incur currency conversion fees when sending in a different currency. Skrill adds 3.99% above the market exchange rate, which can make cross-border transfers expensive. However, if both parties hold the same currency in their Skrill wallets, the conversion fee is avoided entirely.
Example Calculation:
Business payment of $500:
- • Payment amount: $500
- • Percentage fee: 2.99% = $14.95
- • Fixed fee: $0.00
- • Total Skrill fee: $14.95
- • Amount received: $485.05
(Compare to PayPal: $17.94 fee, $482.06 received)
Using the Skrill Fee Calculator
Our Skrill fees calculator simulates Skrill's exact fee structure for different transaction types. Enter your payment amount, select your currency, and see instant calculations showing the percentage fee, total cost, and net amount you'll receive or pay. The calculator helps you understand costs before committing to a transaction.
Key Features:
- Real-time fee calculations
- Multi-currency support (40+ currencies)
- Business and personal transfers
- Detailed fee breakdowns
Perfect For:
- • Online merchants and sellers
- • Freelancers receiving payments
- • Cryptocurrency traders
- • International money transfers
- • Online gaming transactions
The calculator is especially useful for businesses and individuals comparing money transfer services. Skrill's free bank transfers and competitive Skrill-to-Skrill rate (1.45%) can result in significant savings compared to traditional services, particularly for international transfers and remittances.
Comparing Skrill with Other Money Transfer Services
Skrill's fees are generally more competitive than PayPal but higher than specialized international transfer services. With 2.99% and no fixed fee, Skrill is particularly attractive for smaller transactions where fixed fees hurt. However, Stripe's 2.9% + $0.30 may be cheaper for transactions over $15.
Skrill vs Competitors:
Skrill Advantages:
- • Lower fees than PayPal
- • No fixed transaction fees
- • Free Skrill-to-Skrill transfers
- • Cryptocurrency support
- • Prepaid Mastercard available
- • VIP program with fee discounts
Skrill Disadvantages:
- • Less brand recognition than PayPal
- • High currency conversion fees (3.99%)
- • Inactivity fees after 12 months
- • Limited buyer protection
- • Not accepted everywhere
- • Account verification can be slow
For international transfers, Skrill is moderately priced but still expensive compared to specialized services like Wise or Remitly. Currency conversion fees of 3.99% add up quickly. However, Skrill's unique cryptocurrency features and gaming industry acceptance make it valuable for specific use cases.
Tips to Save on Skrill Fees
Use Skrill-to-Skrill
Send money between Skrill accounts using email addresses completely free. Perfect for peer-to-peer payments and splitting bills with friends who also use Skrill.
Upload via Bank Transfer
Fund your Skrill wallet using bank transfer instead of credit/debit cards. Bank transfers are free, while cards incur a 2.5% upload fee.
Join VIP Program
High-volume users can join Skrill's VIP program for reduced fees, faster withdrawals, and dedicated support. Lower fees start at Bronze level (€500/month).
Avoid Currency Conversion:
Whenever possible, keep funds in the currency you'll use for payments. Skrill's 3.99% currency conversion fee is significant. For large international transfers, consider specialized services like Wise which offer better exchange rates and lower overall costs.
Stay Active:
Log into your Skrill account at least once every 12 months to avoid the €5 monthly inactivity fee. Set a calendar reminder or make a small transaction annually to keep your account active.
Frequently Asked Questions
How much does Skrill charge for payments?
Skrill charges 2.99% for online payments with no fixed fee, making it more cost-effective than PayPal (3.49% + $0.49) especially for smaller transactions. Transfers between Skrill wallets using email addresses are completely free.
Are Skrill money transfers free?
Yes, transfers between Skrill wallets using email addresses are free. However, uploading funds to your Skrill wallet via credit/debit card costs 2.5%, while bank transfers are free. Currency conversion adds an extra 3.99% fee.
What are Skrill international transfer fees?
International Skrill transfers cost 2.99% transaction fee plus 3.99% currency conversion fee (if different currencies), totaling around 6.98%. This is competitive with PayPal but higher than specialized international transfer services like Wise or Remitly.
Does Skrill charge monthly fees?
Skrill doesn't charge monthly account fees for active users. However, if you don't log in for 12 consecutive months, Skrill charges a €5 monthly inactivity fee. To avoid this, simply log in or make a transaction at least once per year.
Can I receive cryptocurrency with Skrill?
Yes, Skrill supports buying, selling, and holding over 40 cryptocurrencies including Bitcoin, Ethereum, and Litecoin. Crypto transactions have separate fees of approximately 1.5% for purchases and sales, making Skrill a convenient all-in-one wallet for both fiat and digital currencies.
Last Updated: January 2026 | Skrill fees are subject to change. Please verify current rates on the official Skrill website.