Skrill Promo Code 2026: €5 Refer-a-Friend Bonus (ex-Moneybookers)
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Promo offer
Skrill Moneybookers
Refer-a-friend — €5Valid on Skrill Moneybookers • Click to claim the offer
About this offer
- The Skrill "promo code" is really a Skrill Money Transfer referral link: a €5 welcome bonus for the friend on their first cross-border transfer, and €10 per friend for the referrer
- A long-standing e-wallet founded in 2001 (ex-Moneybookers), present in 40+ countries and 40+ currencies
- A prepaid Mastercard included to pay online, in store and withdraw cash
- Widely accepted by licensed sportsbooks and online casinos
- FCA-regulated (UK) — funds segregated but outside deposit-guarantee schemes
- Fees to compare: up to 3.99% FX spread and 1.45% per send
- Compare with Wise, Remitly and PayPal.
Click the promo link to access the Refer-a-friend — €5 on Skrill Moneybookers. This offer is verified and regularly updated.
How to use a Skrill promo code (refer-a-friend)
Skrill (formerly Moneybookers) has no classic public "promo code": the perk comes through the Skrill Money Transfer refer-a-friend programme (the money-transfer service, separate from the e-wallet). By signing up via a referral link, you get a €5 welcome bonus credited after your first eligible cross-border transfer, plus a discount on that first transfer.
In practice: you open your Skrill Money Transfer account from the referral link, verify your identity (KYC), then make a first international transfer above the minimum amount. The bonus is paid within a few days, typically within 3 months of sign-up.
The referrer, in turn, earns €10 per qualified friend (paid in EUR, converted to the account currency). Referral perks are capped and depend on your country. To compare with other transfer services, see Wise and Remitly.
Opening a Skrill account: e-wallet and prepaid card
Skrill is an e-wallet founded in 2001 as Moneybookers, renamed Skrill in 2013. Regulated by the FCA (UK), it is used in 40+ countries. Account opening is free, online or via the app. You instantly get a virtual IBAN to receive bank transfers. A prepaid Mastercard is available to pay online and in store, and to withdraw at ATMs. Verification levels (bronze, silver, gold, VIP) unlock higher limits and advanced features. Bronze (email + phone) is enough for small transactions; gold (ID + proof of address) is required for larger transfers.
Skrill fee schedule: what to know
Skrill is free to open, but several operations carry fees worth knowing:
| Operation | Skrill fee |
|---|---|
| Bank-transfer deposit | Free or 1.5% by country |
| Card deposit | Up to 2.5% |
| Send between Skrill wallets | 1.45% (min $0.50) |
| Currency exchange | Up to 3.99% spread |
| Withdrawal to bank | €5.50 flat |
| ATM withdrawal via card | €1.75 |
| Inactivity (12 months) | €3/month |
These fees are significant, especially the FX spread and card-deposit fees. For regular international transfers, Wise usually offers far more competitive FX.
Skrill for betting and online gaming
Skrill is especially popular in sports betting and online casinos. The main reason: it can bypass restrictions some banks apply to gaming transactions, acting as an intermediary. Many sportsbooks accept Skrill as a payment method. This use raises a caveat: Skrill bonuses are often excluded from casino welcome offers — some operators refuse Skrill deposits for new sign-ups to avoid abuse. Check the gaming site's terms before depositing via Skrill. Skrill also includes a loyalty programme (Knect) letting active users earn points convertible to cashback.
Skrill vs PayPal vs Wise for international transfers
| Criterion | Skrill | PayPal | Wise |
|---|---|---|---|
| Regulation | FCA (UK) | FCA (UK) + global | FCA (UK) |
| FX fees | Up to 3.99% | 3-4% | ~0.5% |
| Send fees | 1.45% | 3.49% + fixed | ~0.7% variable |
| Prepaid card | Yes (Mastercard) | Yes (Visa) | Yes (Visa) |
| Multi-currency | Yes | Limited | Yes (40+) |
| Merchant acceptance | Limited | Very wide | Medium |
| Betting | Well accepted | Limited | Not suited |
For international transfers at the best rate, Wise is clearly more competitive. For classic online payments, PayPal has far wider merchant acceptance. Skrill remains relevant for betting and online gaming.
Skrill promo offers: refer-a-friend and the Mastercard
The headline offer behind the "Skrill promo code" is the Skrill Money Transfer Refer-a-Friend programme:
- Referred friend: €5 welcome bonus + a discount on the first cross-border transfer
- Referrer: €10 per qualified friend, stackable and capped (several friends depending on the campaign)
- Condition: complete a first international transfer above the minimum amount, within 3 months of sign-up
- Activation: via the referral link — there is no official public code to type
Don't confuse this referral (tied to money transfer) with the classic Skrill e-wallet: the two products are separate. Amounts are paid in EUR and converted to your account currency.
Skrill also runs occasional e-wallet promotions, such as the free prepaid Mastercard (waived ~€10 issuance fee) during some campaigns. These offers change often and can be geo-restricted. For everyday use outside gaming, Wise and Lydia are often cheaper on fees.
Skrill for trading deposits
Skrill is accepted as a deposit method by many CFD brokers and trading platforms (eToro, Plus500, XTB, etc.). This wide acceptance makes it a handy intermediary for traders who want to fund quickly without using their bank account directly. Depositing via Skrill can also avoid your bank flagging transactions as trading-related — some banks apply restrictions or extra delays on those transfers. Caution: CFD trading and crypto carry a high risk of capital loss. Using Skrill as an intermediary does not change the nature of the risks tied to the financial instruments. Skrill itself offers no investing — it is only a payment tool.
Security, history and our verdict
Skrill is regulated by the FCA (UK) and holds an e-money licence. Client funds are held in segregated accounts at partner banks, separate from Skrill's own assets. Protection stops there: unlike European bank accounts, funds in a Skrill e-wallet do not benefit from a deposit-guarantee scheme. Recommendation: do not keep a large balance on Skrill long-term — use it as a transit tool, not a savings account. Founded in London in 2001 as Moneybookers, renamed Skrill in 2013, it was acquired by Paysafe (which also owns Neteller) in 2015; Paysafe is NYSE-listed.
Our verdict: Skrill is a long-standing e-wallet, present in 40+ countries and 40+ currencies. Strengths: wide acceptance in online gaming, a VIP programme with reduced fees, a modern app. Documented limits: high fees versus modern alternatives (up to 3.99% FX spread, up to 2.5% card deposit) and mixed customer reviews. For everyday use outside gaming, Wise or PayPal are often better suited.
Frequently asked questions
Is Skrill secure?
Skrill is regulated by the FCA (UK) and holds an e-money licence. Client funds are held in segregated accounts. However, Skrill funds do not benefit from a deposit-guarantee scheme. Do not keep a large balance on Skrill long-term.
What are Skrill's FX fees?
Skrill applies an FX spread of up to 3.99% on currency conversions. For foreign-currency sends, these fees add to transfer fees. For regular international transfers, Wise offers far more competitive FX (about a 0.5% spread).
Can I use Skrill for sports betting?
Yes, Skrill is widely accepted by licensed sportsbooks. It often acts as an intermediary between your bank and your betting account. Note: some sportsbooks exclude Skrill deposits from welcome bonuses — check the terms before depositing.
How do I create a Skrill account?
Creating a Skrill account is free, online at skrill.com or via the app. You enter your email, choose a password and provide your details. For full features (withdrawals, large transfers), identity verification (selfie + ID) is required.
Are there inactivity fees on Skrill?
Yes, Skrill charges €3/month after prolonged inactivity (12 consecutive months without login or transaction), deducted from your available balance. To avoid it, log in or make a small transaction at least once a year if you keep a balance.
What is the Skrill VIP programme?
The Skrill VIP programme rewards high-volume users. It has 4 tiers (Bronze, Silver, Gold, Diamond) by monthly volume. Perks include reduced deposit/transfer fees, a dedicated account manager, priority withdrawals and exclusive partner offers.
How do I get the Skrill referral bonus?
Sign up to Skrill Money Transfer via a referral link, verify your identity (KYC), then make a first cross-border transfer above the minimum amount. You then receive a €5 welcome bonus, usually credited within a few days (within 3 months of sign-up). The bonus applies to the money-transfer service, not the e-wallet alone.
Is there an official Skrill promo code?
No. Skrill doesn't publish a classic public promo code. The perk comes through the Skrill Money Transfer "Refer a Friend" programme: each account has its own personal referral link (and code). The €5 bonus activates when you sign up via that link — there's no generic code to enter at checkout.
What is the catch with Skrill?
The main criticism of Skrill is its fees: up to a 3.99% FX spread, up to 2.5% on card deposits, €5.50 per withdrawal to a bank account and €3/month inactivity after 12 months. Customer reviews are mixed (Trustpilot ~2.5/5), citing account freezes and slow support. Funds also don't benefit from a deposit-guarantee scheme, so don't keep a large balance long-term.