How to make money online with skrill.com - How to make a Deposit 2020

1. What is Skrill

Skrill Moneybookers is an online payment processor quite similar to the more widely known Paypal (why can't I use Paypal for this?). Using Skrill, you can access your money online anytime. It is very easy to use. You can deposit money using a regular wire transfer, or you can bind your credit card to your Skrill account. Either way, when you have money available in the Skrill account. You can deposit money to any casino (virtually ALL casinos accept Skrill), or you can pay in a range of online shops, or send money to someone else. If you want to keep you private information secure, don't worry. You can use Skrill without a credit card if you use wire transfers (or checks).

All your payments are processed immediately and Skrill is considered the most reliable payment method in its field. Skrill was founded in 2002, and it operates in forty-one currencies and in two hundred of the world's countries. It is also registered as a banking institution in the United Kingdom. Skrill has over 20,000,000 customers and yearly processed transactions exceeding fifteen billion euro.

The deposits are covered by deposit insurance if Skrill were to go bankrupt, and the service uses several security layers including https protocol, password, security questions, identity verification, and verification of each transaction. I am not promoting them; I am just saying that that are one of the few REALLY trustworthy payment methods available.

Simply put, Skrill operates as an online bank, which also means that only you can make transactions and withdrawals. (Even if a hacker somehow got into your account, he would not be able to do anything.)

2. Skrill registration

The registration process is very simple, and it is available in English and many other languages. You only have to fill out this form and follow the instructions.

At the first page, select your country of residence and preferred language, choose Personal account. (You do not need a Business Account).

At the second page, fill out information that is required because of the Bank Secrecy Act. These are your personal details - name, surname, address, contact mail, and also Skrill account currency. Your Skrill account will automatically accept and pay off money in any currency (over 100 available) but there is a currency exchange fee (1.99 %). That means if you want to withdraw your money to a checking account held in USD, choose USD as your Skrill currency. If you wish to withdraw to an account in any other currency (such as AUD or GBP), choose the appropriate currency. That way, you save the 1.99 % fee because no currency exchange will occur.

3. Making a deposit

You can deposit either using your credit card (which is easier and faster) or by a wire transfer (which can take several days to process). Skrill has bank accounts in virtually every country of the world, so if you don't want to use your debit/credit card, all you need to do is to send a regular wire transfer (either from internet banking or from the local branch of your bank).

It is important to note that for security reasons and to prevent money laundering, you have to make you deposit from a card (or bank account) that is registered in your name. You can later use the same payment method for withdrawals.

4. Why can't I use Paypal?

That's a very good question! Paypal really is probably the most popular payment method, however unfortunately it does not allow to deposit funds at casinos. Other items and services forbidden at Paypal include deposits at online poker rooms and sportsbooks, "adult-oriented content", and selling guns. This is the only reason why you can't use Paypal. And just to make this clear, I am in no way associated to Skrill and/or Paypal.

I recommend to withdraw money once or twice per money, or in case you have more than 5000 € in your gaming account. Always rememeber that you must keep a certain amount of money in the casino as a deposit which you bet. If you withdrew everything, you won't be able to bet and logically the method will not work.