Transact more, Pay Less is Skrill’s top priority for customers with low fees or even free for users. Other than the normal small fees that users need to pay, there are still some that need to look into. These fees do not occur a lot and hopefully, users do not have to pay them.
All the costs from Skrill will vary among users ranking from regular to VIP. Luckily, after you Sign Up with OVE and follow OVE’s step by step on verifying your account. After that, you can easily upgrade your account to VIP Silver once you have enough 3,000 EUR deposited to merchants which has even more benefits and fewer fees than regular customers.
There are five types of major fees that users need to know. They are Deposit and Withdrawal fees, Money Transfer fee. Buy and Sell Crypto and Administrator fees.
Making a deposit or a bank withdrawal using Skrill may vary from where customers live. To get more details on a specific price from where you live, check out Skill’s fees page and choose your country. However, in this article OVE will cover most of the fees, so you can get a general idea.
Regardless of all the costs, you can sign up with OVE to get Silver VIP instantly. All Silver VIP accounts get 0 fees for everything, from making deposits to withdrawing money. Check out OVE VIP program for more information.
Moving money from place to place can be intimidating for a lot of reasons. However, Skill has a perfect system for transferring money and low-cost for users. Users from the US can kick back and enjoy the free service coming from Skrill.
In the matter of other countries, customers can still get free money transfers when sending money to an international bank account. Domestic transfer will be charged 2% which means if the transaction begins and ends in the same region. Other than that, receiving money is also free.
Some special fees will apply for first-time customers, this table below will explain the structure:
All VIP accounts from Silver to Diamond can transfer money for free. You can get your Skrill account upgraded to Silver easily with OVE and get the benefits of being a VIP account right away. Making a transfer to merchant sites with 0% fee and earning VIP status with Optimalvip Ewallet now.
With the rapid growth of technology, the demand for buying and selling cryptocurrency is higher than ever. The table below will show you all the costs for making transitions related to crypto:
If you want to know more about the crypto fees, check out OVE Skrill Crypto page
Administrator fees are the things that rarely happen but users still need to know about in order to stay away from troubles. Basically, these Skrill expenses occur when users’ accounts run into trouble or just violate Skrill’s policy.
Check out the table below to understand more about the Administrator Fees:
According to Skrill Fees, if users’ accounts that are not in use for 12 months then they will start to charge a small amount. After 12 months of inactive, the user’s account will be deducted EUR 5 per month from the available funds.
Providing false information or even lack of information will get fined by Skrill. Users need to fill in their information within 6 months. The fee for this could be as high as EUR 150.
Users can pay EUR 25 to reverse their wrong transactions. However, there will be no guarantee that users can redo the transaction and get back the money.
The Chargeback Fee will happen when users deposit their money to the account using a bank account. After that, customers filed a chargeback to the bank about the transaction. Users then will have to pay EUR 25 per chargeback.
If users conduct or attempt to conduct any transaction in violation of the prohibitions contained in Skrill Fees policy or without the necessary approval. Then the account holder can get fined up to EUR150.
Users must not make any upload using cash. Skrill may charge an administration fee of EUR 10 per upload.
If you have any questions related to all the expenses, feel free to Contact Us and we will get back to you as soon as possible.
Almost all of the fees from Skrill are fairly high for regular customers. However, when you sign up through OVE, you can easily upgrade your account to VIP Silver once you have enough 3,000 EUR deposited to merchants. Furthermore, earning cashback from OVE Special Program that benefits you even more.
Check out all extra benefits you get when joining OVE
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