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Skrill is an online payment system that allows you to send and receive money, store cards, link bank accounts and pay, using just your email address and password. Skrill is specialized especially with international money transfers.
In 2015 Skrill Limited, which is registered as a Money Service Business and holds a license by the Financial Conduct Authority in the UK with a passport to operate in EU as a whole, was acquired by Optimal Payments, the parent company of the Skrill’s rival Neteller.
Still Skrill continued to operate separately and is integrated as a payment method by a number of global online brands such as Facebook, Skype and eBay.
Skrill clients can purchase a Skrill-branded prepaid card, linked to the account in one of four currencies – US Dollars, Euro, Polish Zloty or British Pounds. And while Skrill accounts can be operated in any of those currencies, once the first transaction is made it is not possible to change the account’s currency any more.
The transaction fee with Skrill is in the amount of 1,45% of the transferred sum.
Here we should also note that the only major market where you can not make payments with Skrill is Japan. Other areas which are not serviced are parts of Africa, some countries in Central Asia and the Middle East, Greenland, some islands in the Caribbean and other offshore zones.
Since November 30th 2018 Skrill will require all forex and CFD brokers, providing services in the European Union, to show an official copy of their license, authorizing them to offer financial services to retail clients.
Forex news about Skrill
Skrill, which is specialized in international money transfers, will require all forex and CFD brokers, providing services in the European Union, to
Forex brokerage FXCL Markets said on Tuesday it has added online payment system Skrill to its portfolio of deposit and withdrawal methods.
Online forex broker ForexTime (FXTM) has started accepting deposit payments to Skrill in GBP, PLN and CZK, it said on Friday. The
MetaQuotes, the developer of the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) forex trading platforms, said on Thursday it has added ePayments