Skrill Casino Bank Guide for Canadians

We are all looking to make our life easier and for an online gambler that entails having a hassle-free, reliable payment method, that allows you to deposit and withdraw from the online casino. User-friendly Skrill ensures you the best online gaming experience. Skrill online casinos offer an e-wallet that is fast, efficient and safe. It also helps that they have some of the lowest fees around for International transactions, ticking all the boxes when it comes to choosing an online gambler’s e-wallet. Moreover, amazing Skrill casino offers are available for those who decide to use their banking services. This is just a glimpse of the innumerable reasons why you should choose them. Read on and get to know more.

  • One of the most secure banking systems.
  • Amazingly low transaction fees and rates.
  • Fast and Efficient in issuing payments.

Using Skrill For Online Casinos

Skrill is an international banking services provider that has gained a lot of popularity, especially in the gambling world. Almost every online casino offers it as an option for deposits and withdrawals. Being secure and easy to operate is one of the reasons it used a lot. After creating your free account and verifying your identity with their security protocols, various gaming promotions are linked to your account. When playing online casino games in Skrill Casinos, you are allowed to fund these casino games with your account. By doing this, you can get various bonus rewards like having a whole game funded. For example, you can get a $400 bonus if you deposit the $400 giving you up to $800 to use for your gaming. With fast payment processing, Skrill has continued to increase its fanbase.

If you have ever carried a wallet in your pocket, then the Skrill online gambling concept should be easy to understand. In this e-wallet, you will find cash, credit card numbers and your banking information. All you have to do when you want to use the e-wallet is transfer funds into it and head on to your favourite online casino. Skrill has been around long enough to become a trusted banking services. In fact, almost every online casino now has it as a viable payment solution for both deposits and withdrawal of funds. Skrill casinos have become one of the most popular and secure online payment solutions. Since it is a web-based service, it allows virtually any computer with Internet access to utilize the services it offers. Moreover, mobile apps for Android and iOS devices are also available.

Opening A Skrill Account

Opening a Skrill account is a good idea if you wish to use the e-wallet for Skrill casino games. There are no hidden charges when opening an account. All you need is to have a valid email address that you control personally. Shared emails are not advisable to use since the risk of theft is higher. The next step is to sign in by filling in personal information; this includes your full name, date of birth, current address and if you wish, you can also link your bank details including credit or debit card details. To activate the account, you need to log in to your email account and verify your identity using the link provided. With this set up complete, your account is then open and ready for transactions. You can now enjoy Skrill services on your computer or even mobile devices. Skrill has apps for Android devices at the Google Play Store and iPhones on the App Store.

Using Skrill In Canada

Until they decided to pull out of the Canadian gambling scene in December of 2013, Skrill was one of the most popular e-wallets for online casino gamers in Canada. Most players liked the site because it was easy to set up and use since it was a reliable method of poker deposits and withdrawals. But when Ben Sulsky, an online poker player, posted an email he got from Skrill about their withdrawal of service, many gamblers have had to explore other options to replace their previous casino Skrill withdrawal and deposit ways. Their withdrawal from the gambling world should not be confused as a withdrawal from the country. Other banking services are still available for account holders.

Fees And Limits

Like all banking service providers, Skrill also sets limits for both their security and of those of their customers. In Canada however, they reached a decision that they would no longer process gambling payments for Skrill casino transactions. They cited reasons for this change to be a review they did, of their operations. That said, they still have fees and limitations that are worth noting. One of their limitations is the inability to withdraw more than $1,000 within any three month period. This limit can, however, be increased to $8,999.99 for the 90 day period by completing an identity verification process that includes submitting your postal address and clearing a personal identity verification. Fees on Skrill depend on whether you are using your account for personal or commercial purposes. Sending money is charged at 1.9% with a $20 maximum. Receiving funds, on the other hand, is free. Other charges include withdrawal of funds.

Benefits And Drawbacks Of Using Skrill

At a glance, using Skrill can seem like the perfect way to transact online. To some extent, this can be said to be true. They offer fast processing speeds, and their rates and charges are friendly. On top of that, using their website is safe and easy. Adding money to your casino account is a fast and almost instantaneous process provided your digital wallet is loaded. The reality of the matter, however, is that the e-wallet also has its drawbacks. For instance, depositing money to your Skrill online casinos using something other than a credit card or your bank account, could bring a delay when your funds are being cleared. What this means is that depositing money into your casino account is not as fast as it would be if you were using a credit card. However, if your e-wallet is already loaded, the funds are moved in and out of your account fairly quickly.

The other benefit of using Skrill is the many ways it allows you to load money to your account. You can securely fund your account using your credit or debit card or through an online bank transfer. Cheques and direct banking are also an acceptable way to load your account. The fair transaction fees are also another reason to choose portals that support Skrill casino games. Furthermore, making a withdrawal to your Skrill account is easy provided that in the last six months, you have made a successful deposit. A disadvantage when using the e-wallet is the possibility of their being hidden charges in the exchange of cash from one currency to another. For instance, the exchange rates of USD to EUR are 0.77142 and from EUR to GBP is 0.772426. These rates are definitely not the best since a transfer of EUR to GBP is 0.798367 at Xe.com. The difference may seem small but when using the e-wallet almost daily could be disadvantageous.

  • The exchange rates are not as attractive as other plattforms.
  • Skrill facilitates secure and cost-efficient transactions.
  • Skrill transacts in many currencies including AUD, CAD, CHF, DKK and EUR.
  • Since Skrill is globally accredited, it is trustworthy and reliable.

A Review Of Skrill In A Few Words.

Skrill, which was formerly known as Moneybookers, is arguably one of the world’s most popular ways to transact money online. Nearly all casinos today offer it as a viable payment option. The e-wallet offers exchanges in many different currencies like AUD, CAD, CHF, DKK and EUR making it a favourite internationally. Different online gamblers have different opinions about their take on the e-wallet. Some have expressed great disappointment in various aspects and services offered by them. Some complaints of delays in withdrawal speeds, while some disgruntled reviewers claim that it’s all a scam. Reading only a fraction of these reviews could paint a negative image, when in fact, Skrill is a functioning and reliable e-wallet used by some of the most renowned online gamblers.

Skrill FAQ

How can I load money to my Skrill?

Loading money to your Skrill e-wallet can be done through different ways. You can do it through an online bank transfer or via a cheque or through direct banking. You can also load money to your Skrill account by using your credit/debit card. The transferred funds are always safe and protected.

Is it safe to use Skrill?

Through a dedicated anti-fraud team and a combination of transaction monitoring, Skrill ensures maximum safety of its customers. Additional features like their PIN Authentication, which can be used as a challenge to verify identity when logging in or when making withdrawals and sending money. You can count on Skrill to keep your money safe.

Why is Skrill not available in Canada?

By the end January of 2014, Skrill had officially stopped processing all gambling transactions in Canada. The decision to cease to process gambling payments in Canada was made as the result of a review of Skrill’s operations. Their move was not influenced by any Laws or Regulations by the Canadian government.

Can customers still use their Skrill account In Canada?

Despite the move to abandon the gambling scene, Skrill still supports its account holders in all other services. Customers can still use their Skrill wallet to make safe and fast online payments as long as they are not casino related. Money can be sent to international account holders and the master cards still work.

What are the average processing speeds and fees for Skrill withdrawals

Skrill charges a transaction fee of 4.9% for all withdrawals. Before a withdrawal to a bank account is complete, it first has to be approved by a Skrill internal review team. This could take approximately up to three business days. Once the withdrawal has been processed, it will take 24 hours for the funds to appear in your bank account.

Casinoguides.ca In A Nutshell

Casinoguides.ca is a platform based in Canada where you can find all the information you need about casinos. Here you can read reviews on different casinos like the PokerStars online casino. There is also details about the casino games and slots they offer, together with the very latest news. They provide honest and reliable information for every kind of player. Find out more about the best and most secure banking services here also.