How do I withdraw funds to my bank account?

Withdrawals to bank account are available in all countries where Skrill Limited provides payment services. You can transfer funds from your Skrill digital wallet to personal bank accounts in your name all over the world.

 

How to withdraw funds to my bank account?


To initiate a withdrawal to your bank account, follow the steps below:

    1. Click on Withdraw button located on the right side of your Skrill account.
    2. Choose a bank account. If you haven’t registered a bank account, click on the Add Bank Account link which will allow you to submit your bank details.
    3. Enter the amount to be withdrawn and click on Continue.
    4. A page with your withdrawal information will appear. To finalize your withdrawal, click on Withdraw money.

Note: depending on your country of residence and the currency of your bank account, your withdrawal can be processed as local or international. If the local bank withdrawal option is available for your country, you may need to provide local bank account details in order to have your transaction processed as a domestic bank withdrawal.

 

What are the fees and limits of the bank withdrawal?


The best place to check your withdrawal limits is the Withdraw section of your account. By clicking on Withdraw and next on the Amount to withdraw field you can see the withdrawal limits available for your account. The displayed limits are in accordance with your available balance.


You can also check your limits by clicking on Settings and then on Limits & Verification.


Once you reach those limits and in order to be able to withdraw funds from your Skrill account, you will need to verify your identity.


The processing fee for a withdrawal is 5.50 EUR.


For withdrawals in a currency other than your account currency we add a 3.99% fee to our wholesale exchange rates.

 

How long does it take to receive my funds in my bank account?

Depending on the country to which you are withdrawing, the funds may take from less than 1 day to 5 business days to arrive. When you initiate a bank withdrawal, the processing time frame will be displayed to you.