Author Topic: Skrill (Moneybookers) new fees coming into effect on 17 October 2016 (Read 11512 times)

lemonyellow · « **on:** October 07, 2016, 02:15 »

From their website: https://www.skrill.com/en/fees/

Quote

(2) Please view the information below for a number of planned fee changes which may affect you.
Changes coming into effect on 17 October 2016

User Inactive Fee: €2
Send Money Fee: 1.9%, cap €20
Upload Funds to NETELLER Fee: 3%
Bank Withdrawal Fee: €5.50
FX Fee: 3.99%

Looks like I will stop using Skrill

Video-StockOrg · « **Reply #1 on:** October 07, 2016, 07:19 »

Bitches should allow bigger withdrawal limit, not just rise fee on each withdrawal. Their 250€ per 2 days is a joke.

mantered · « **Reply #2 on:** October 07, 2016, 07:41 »

drop them like a bad habit

lemonyellow · « **Reply #3 on:** October 07, 2016, 11:45 »

Quote from: bafan4u on October 07, 2016, 07:19

Bitches should allow bigger withdrawal limit, not just rise fee on each withdrawal. Their 250€ per 2 days is a joke.

Actually, they do allow bigger withdrawals if the account is verified.
However the fx exchange fee is still too high.
At present PayPal seems like a better option for Europe, but I liked to have an alternative option.

Noedelhap · « **Reply #4 on:** October 07, 2016, 13:01 »

What are the fees now?

lemonyellow · « **Reply #5 on:** October 07, 2016, 13:14 »

Quote from: Noedelhap on October 07, 2016, 13:01

What are the fees now?

Bank Withdrawal Fee: €3.95

FX Fee: between 2.99% and 3.99%
(2.99% for exchanges between USD, GBP, EUR, CAD; up to 3.99% for other currencies)

Noedelhap · « **Reply #6 on:** October 07, 2016, 13:18 »

Quote from: lemonyellow on October 07, 2016, 13:14

Quote from: Noedelhap on October 07, 2016, 13:01
What are the fees now?

Bank Withdrawal Fee: €3.95

FX Fee: between 2.99% and 3.99%
(2.99% for exchanges between USD, GBP, EUR, CAD; up to 3.99% for other currencies)

I always thought Skrill was cheaper than Paypal (currency exchange fee of 2,5%, no withdrawal fees) but apparently that's not the case.

lemonyellow · « **Reply #7 on:** October 07, 2016, 15:14 »

Quote from: Noedelhap on October 07, 2016, 13:18

I always thought Skrill was cheaper than Paypal (currency exchange fee of 2,5%, no withdrawal fees) but apparently that's not the case.

Funny... that's what I thought as well. Perhaps it was a few years ago? The forthcoming increase in fees is not the first one since I started using Skrill (then Moneybookers).

If I remember well, currency exchange fee with Skrill was 2.49% circa 2012-2014, and even lower before. Withdrawal fee was lower as well.