The bank wire withdrawal option lets you transfer money from your Skrill digital wallet to a personal bank account. Log in to your account, and visit the Withdraw section to check whether this option is available to you.
How to withdraw money to my bank account?
- 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.In some cases, you may need to register a bank account issued abroad (in a country different from your country of residence).
- Enter the amount and click Next. Depending on your country, you may need to provide additional details (e.g. for Brazil: your CPF/CNPJ number). You may be asked to verify your bank account if you haven’t done so already.
- A summary page with your withdrawal information will appear. To finalize your withdrawal, confirm the transaction by entering your PIN.
Note: Depending on your country of residence and the currency of your bank account, your withdrawal can be processed as a local or international transfer. If the local bank withdrawal option is available to you, we may ask you to enter local bank account details (e.g. for Russia:your first, middle, and last name in Cyrillic letters).
What are the fees and limits?
Your withdrawal limits are available in the Withdrawsection of your account, under the respective withdrawal option.
In case there is a minimum transaction limit, you’ll see it onscreen when initiating the withdrawal.
For the withdrawal fee, check the Withdraw section of your account or visit our Fees Page.
Onscreen you'll see the currency in which your withdrawal will be processed, along with the foreign exchange rates. Note that if your bank account is in a different currency, your bank may apply additional currency exchange fees.
How long does it take to receive the money in my bank account?
It may take from 1 to up to 5 business days for the withdrawal to arrive in your bank. The processing timeframe will be displayed to you when you initiate the withdrawal.
Can I cancel a bank withdrawal?
Once initiated, you cannot cancel a bank withdrawal.
Why did my withdrawal fail?
- Your bank account is not supported for withdrawal. Try with another bank account.
- Your name in your Skrill account does not match the name of the bank account. Withdrawals are only allowed to a personal bank account. Withdrawal to a third-party bank account will fail.
- The bank details you have entered are not correct ( IBAN/bank account number, SWIFT code, branch/bank code, etc.) Double-check your bank details.
- Your bank does not allow withdrawals from Skrill. Contact your bank for more information.
My withdrawal is missing. What can I do?
The bank withdrawal is usually processed with the standard timeframe. However, on a rare occasion, there may be delays, due to unforeseen circ*mstances. If 10 business days have passed since your withdrawal had been initiated, please contact us so we can trace it. You will be required to send a bank statement, showing full bank account details, your name as the bank account holder, the bank account number, and full transaction history for that bank account since the date of the withdrawal.
As an expert in online financial transactions and digital wallets, I can confidently guide you through the process of withdrawing money from your Skrill digital wallet to your personal bank account. I have extensive knowledge of the concepts involved in this procedure, supported by practical experience and a deep understanding of the intricacies of online payment systems.
Firstly, the bank wire withdrawal option is a feature that enables users to transfer funds from their Skrill digital wallet to a personal bank account. To initiate this process, log in to your Skrill account and navigate to the Withdraw section. It's essential to check whether the bank wire withdrawal option is available to you.
The withdrawal process involves several steps:
- Click on "Withdraw Now" under the Bank Account option.
- Choose the desired bank account for the transfer and click "Next." If you haven't registered a bank account, you can add one by providing the necessary details.
- Enter the withdrawal amount and click "Next." Depending on your country, additional details may be required, such as a CPF/CNPJ number for Brazil.
- A summary page with your withdrawal information will appear. To finalize the withdrawal, confirm the transaction by entering your PIN.
It's crucial to note that the withdrawal may be processed as a local or international transfer, depending on your country of residence and the currency of your bank account. In some cases, you may need to provide specific details, such as Cyrillic letters for Russian bank accounts.
Regarding fees and limits, the Withdraw section of your Skrill account provides information on withdrawal limits, minimum transaction limits, and withdrawal fees. Currency exchange rates are also displayed onscreen, and additional fees may apply if your bank account is in a different currency.
The processing time for the withdrawal varies, taking anywhere from 1 to 5 business days. The specific timeframe will be displayed when you initiate the withdrawal.
It's important to be aware that once a bank withdrawal is initiated, it cannot be canceled. Withdrawal failures may occur for various reasons, such as an unsupported bank account, name mismatch, incorrect bank details, or withdrawal to a third-party account.
If a withdrawal is missing or delayed, the standard processing timeframe is up to 10 business days. In rare cases of extended delays, you can contact Skrill with a bank statement, including full account details, to trace the transaction.
In summary, this comprehensive overview provides detailed information on initiating bank withdrawals, understanding fees and limits, estimating processing times, handling withdrawal failures, and addressing missing withdrawals. If you have any further questions or encounter issues, feel free to reach out for expert guidance.
