Last Updated on July 1, 2024 by admin
Opening a Skrill account in Nigeria can provide numerous benefits for individuals and businesses alike. Firstly, Skrill offers a convenient and secure platform for online transactions, allowing users to send and receive money instantly, both locally and internationally. This is particularly advantageous for Nigerians engaged in e-commerce or freelancing activities, as it simplifies payment processes and eliminates the need for time-consuming bank transfers.
Moreover, Skrill enables users to access their funds through a prepaid Mastercard linked to their account. This card can be used at various ATMs and point-of-sale terminals worldwide, making it an ideal solution for those who frequently travel or engage in international business transactions. Skrill also offers competitive exchange rates when converting currencies, which can be beneficial for Nigerians involved in foreign trade or receiving payments from overseas clients.
Additionally, by using Skrill’s services, users can avoid excessive bank fees associated with traditional wire transfers. Lastly, opening a Skrill account provides added security features such as two-factor authentication and encryption technologies that safeguard personal information and transactions. These measures ensure peace of mind when conducting online financial activities.
Skrill offers Personal and Business accounts Which enable users to send and receive money without stress.
In this article we shall take a look at how to Open Skrill Account,verify your skrill account in Nigeria, fund skrill account in Nigeria, receive funds with Skrill account in Nigeria and cards accepted by Skrill
What is Skrill account?
skrill operates from the United Kingdom, but has its presence in over 200 countries, Nigeria inclusive, which as well supports 40 currencies across the globe. This is an electronic money account which enables account holders to send and receive electronic payments.
Skrill Account is denominated in a currency of your choice, as selected by you from the currencies Skrill makes available from time to time. This will remain the currency of your Skrill Account for the duration of your agreement with Skrill Limited, a company incorporated under the laws of England and Wales with registration number 4260907
During signup you will be asked whether you intend to use your Skrill Account for private or commercial purposes. Your Skrill Account is subject to withdrawal limits. These limits are adjusted dynamically depending on the type of identification documentation held on you.
How to Open Skrill Account
Opening a Skrill account is so easy but you must have an active email address,bank account and a Visa / MasterCard credit or debit card.
1. Visit the Skrill website: www.skrill.com and click on the
2. Click on “Sign Up” button located at the top right corner of the homepage. or download the app
3. Select your preferred type of account; you either go for 1) The business account or 2) The personal account.
Please note: The Business account allows a merchant to accept payment online through a simple integration to their website that comes with enhanced fraud management. While the Personal account enables users to Transfer Money,shop Online and Buy Cryptocurrency
4. select preferred currency of transaction, from the list of currency
5. Enter your personal information like name, date of birth, address etc
6. Follow the prompt information and submit
How to verify your skrill account in Nigeria
Once you sign up for Skrill account you will be ask to verify your account with link send to your email,credit/debit attached to your account
Please note: verification attracts a cashback fee of $2. from your card
You also are asked to verify your bank account link to your skrill for the purpose of withdrawal and sending. You may also ask to put your bank swift code
How to fund skrill account in Nigeria
You can fund your Skrill account in Nigeria via a SWIFT Bank Transfer or a linked valid Visa or Mastercard credit or debit – or with your bank account by wire transfer.
How to receive funds with Skrill account in Nigeria
You can receive payment on your skrill account using email address… You can request a withdrawal of all or part of the funds held in your Skrill Account at any time. To do this you must log into your Skrill Account and select a withdrawal method and enter the amount to be withdrawn.
Click on “Send money” Select receiver’s details (Email address, complete name, destination, currency and amount they wish to send).
Note, your card should be linked to your account, this is where you’ll be remitting from Having completed all processes, hit the finish/send button, that’s all.
How long does it take to transfer money from Skrill to a bank account?
If you withdraw via wire transfer (SWIFT), this will take between 2 and 7 business days depending on your bank.
How can I withdraw money from Skrill to Mastercard?
You can only withdraw to supported Visa cards.
How to withdraw funds from your skrill account in Nigeria
1. Visit your skrill home page Sign in,
2. Click on “Withdrawal”
3. Select preferred account where you want the fund credited
Please note, your skrill is linked with a local bank already, this is where your money will be sent. Your account will be credited with figure.
When withdrawing to a bank account, you must ensure that the account number, sort code, IBAN and/or BIC/SWIFT are correct
You must not make a withdrawal to a bank account or other Payment Method if you are not the named holder. Skrill will take any violation of this requirement very seriously and will treat any attempt to use a Payment Method of which you are not the named holder as a fraudulent act.
