The Best Ways to Exchange Skrill to PayPal (Low Fees, Fast Processing) (2024)

FAQs

Is it possible to transfer money from Skrill to PayPal? ›

You can also withdraw money from Skrill to PayPal, but not directly. You'll first need to follow the steps above to withdraw money to your bank account. The next step is to make a bank transfer to top up your PayPal balance. However, it's probably easier to simply link your bank account to your PayPal account.

Pay by Bank: Accept bank transfers, instantly

An instant bank transfer solution that supports 3000+ banks worldwide and lets your customers pay directly from their bank account without leaving your website.

Currency conversion

You can find details of the Skrill exchange rate applying at the time, for a conversion between two particular currencies, here. We will also charge you a foreign exchange fee of 3.99%.

Avoid Skrill fees by upgrading to a Skrill VIP account

All Skrill VIP accounts can enjoy: FREE bank withdrawals. FREE money transfers. 2.89% FX fee.

Unfortunately, PayPal and Skrill can't be directly linked.

Frequently Asked Questions About Sending Money From PayPal to Skrill. No. Because PayPal and Skrill use completely separate payment gateways, it will not be possible to link PayPal to Skrill. To transfer from PayPal to Skrill, you'll need to transfer via a common bank account or using a prepaid debit card.

From the Withdraw menu select Withdraw Now under Bank Account. Add a Bank Account if you haven't done so already, by providing your banking details (available on web only). You will need to select the account type: savings or checking, enter the Routing number and account number.

Is Rapid Transfer secure? Rapid Transfer is one of the most secure online payment methods: you benefit from all the existing high-security standards that your bank offers. The security mechanisms of your bank and the required authentication protect you from fraud.

Benefit from a wide range of different payment options. Accept payments via cards, wallets, instant bank transfers, cash payments and other alternative payment methods, all via a single integration.

What is the maximum withdrawal from Skrill? ›

Skrill and Neteller has similar limits , the limits are based on the status of your account, in India you can withdraw upto 8.66 lakhs in Inr in one day .

If your transaction requires a currency conversion, we will use a retail exchange rate (the wholesale cost of foreign currency as denominated by an outside financial institution) plus a conversion service charge of 4.5%.

The answer is quite simple: Skrill is cheaper than PayPal. When you're paying online, PayPal asks a 4.50% service fee, while Skrill has a 2.99% service fee. If you want to add money to your Skrill or PayPal wallet the service fee depends on the payment method you're using.

Limit level 1: 0 USD to 999.99 USD. You'll receive it as soon as you sign up and pass the initial account verification. Limit level 2: 1,000 USD to 2,999.99 USD. You'll need to submit your ID and/or verify your bank account to increase your limit*.

To become a Skrill VIP you must simply use your Skrill wallet for transfers to merchants or for buying or selling Crypto*. The minimum amount to be transacted is of €15.000 (or the equivalent in your chosen currency) for a quarterly period. Quarterly means the following three-month period in any calendar year.

Go to the Withdraw section of your Skrill account. Click Withdraw Now under Bank Account. Choose a bank account and click Next. If you haven't registered a bank account, click Add a Bank Account to submit your bank details.

Like PayPal, Skrill provides a virtual wallet for online transactions and money transfers. You can pay for products and services without showing your credit card or bank account information online, send peer-to-peer transactions, and receive transfers from people worldwide.