What is Moneybookers Skrill?
Moneybookers Skrill is an e-wallet newly rebranded as Skrill. It offers its customers a safe and instant way to transfer money online. They don’t have to re-enter their financial details every time they make a transaction. They can send money from credit/debit card, transfer money to and from their bank account and pay for online purchase/auctions.
Moneybookers Skrill has over 25 million customers and is regulated by the United Kingdom Financial Services Authority (FSA). Moneybookers Skrill‘s worldwide payment network offers businesses access to over 100 payment options in over 200 countries including Bangladesh and territories through just one account. More than 120,000 merchants use Moneybookers Skrill and it is growing quickly.
Is Moneybookers Skrill Safe?
Yes. Online security is a top priority. They use multiple layers of security to help protect transaction information. Moneybookers Skrill uses Secure Sockets Layer (SSL) technology to help protect user information against unauthorized access from third parties, loss, and fraud. In addition, when a payment is sent using Moneybookers Skrill, the recipient won’t receive sensitive financial information like the sender’s credit/debit card or bank account number. Their servers sit behind an electronic firewall and are not directly connected to the Internet, customer information is thus available only to authorized computers.
How to Get Started?
Moneybookers Skrill allows Bangladeshis with a free account to receive payments from employers or clients abroad into their Moneybookers Skrill account. The funds can be withdrawn from their account and deposited directly into their local bank accounts. All Bangladeshis will be able to take advantage of this service by signing up for a free Moneybookers Skrill account at www.moneybookers.com.
There are two types of accounts available, “Personal” and “Business”. Users should choose one of them according to the exact purpose of the account. For freelancing outsourcing purpose “Personal” account is the best choice. To get the fast, convenient service and larger withdrawal limit, account holders should verify their account (optional).
For Bangladeshi users, Moneybookers Skrill account should be signed up with USD currency. Otherwise, extra charges will be applicable for currency conversion procedures.
How to Withdraw Funds?
For withdrawal purpose, users should add one or more Bangladeshi Bank Accounts with SWIFT code provided by the corresponding bank. Name and address should be same as recorded in the local bank account. The withdrawal Fees for Bangladeshis are 2.26 USD Only by international bank transfer using SWIFT code. After making a withdrawal money will be credited to users local bank account within 4 – 7 business days.
There are some extra charges may or may not be charged by the intermediary banks which is beyond the control of Moneybookers Skrill authority. This issue is quite confusing to the Bangladeshi freelancers and hope will be resolved very soon.
Moneybookers Skrill has a Prepaid Master Card option. But unfortunately, this service is available for European Countries only. We hope they will expand their service for all in near future.