How to Fund Skrill Account in Nigeria

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Skrill is an electronic money account that allows users to make

payments and money transfers via the Internet. With your Skrill

account, you can make international money transfers and receive

electronic payments. With Skrill money transfer you can send money to

a beneficiary internationally. You can also send money directly to a

bank account or mobile wallet.









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Digital money transfer and payment platforms have become more popular

over the years. Digital payment platforms have made online

transactions less difficult in the modern age.











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Skrill (which used to be known as Moneybookers) is one of the popular

e-commerce businesses that deal with payments and transfers via the

internet. Skrill is a European online payment system that is available

to residents of Nigeria and about 200 other countries/territories.



Skrill allows you to send money in more than 40 different currencies.

If your Skrill Account is denominated in a currency other than Euro,

you will have to convert the currency. In this case, you will be

charged a foreign exchange fee of 1.5%.



Skrill offers online monetary services and also allows both

individuals and organizations to own online wallets. The money held on

your Skrill Account does not earn any interest. However, it does not

expire either.







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Skrill offers two types of accounts which are:

Personal account



Business accounts.



The business account is for commercial use. It allows a merchant to

accept payment online by linking their account to their websites. The

business account comes with enhanced fraud management.







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The Personal account enables users to

Transfer Money: Money transfers can be made from one’s Skrill wallet

to other countries. The funds are delivered to a mobile wallet or to a

bank account.

Shop Online: Skrill allows you to make online purchases from various

merchants across the globe offering your favourite products and

services.

Buy Cryptocurrency: With Skrill, users can trade in cryptocurrencies

such as Bitcoin, Bitcoin Cash, Ether, Ethereum Classic, Litecoin, XRP,

and 0x. Skrill also allows you to make deposit funds in your local

currency and exchange it to cryptocurrency.



How to fund Skrill Account in Nigeria



Opening Your Skrill Account



In order to make use of the online services available via Skrill, you

must first open a Skrill Account by registering your details on the

Skrill website. If you are an individual, you must be 18 years or

older before you can make use of Skrill. The company may require that

you provide evidence of your age at any time.



In order to make deposits into your Skrill account, the first thing

you need to do is open a Skrill Account. Opening a Skrill account is

easy. What you will need includes:A valid email address â€" Your email

address must be functioning because it is through your mail that your

Skrill account will be verified. Skrill also sends information

regarding your account frequently to your mail.

Bank account â€" You will need a bank account in order to open a

Skrill account. This is also needed during verification.

A credit or debit card



No other information is needed until you receive funds or want to make

a deposit to your digital wallet. To begin the Skrill account

registration, visit the company website. You will be required to input

your first name, last name, country, currency, and password.



You will be asked to select a currency from those made available from

time to time. Your Skrill account will then be denominated in this

currency which you have chosen of your choice. This will remain the

currency of your Skrill account for the duration of your agreement

with the company. If you want to change the primary currency of your

Skrill account, you will need to close your current Skrill account and

open a new one.



When you try to make your first deposit on Skrill, you will be asked

to provide additional personal information. This is to help the

company set up your digital wallet. The required details include:

Country of residence







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Preferred currency



Address Postal code



Date of birth



You will only have full access to your Skrill online wallet after you

have provided the details mentioned above.



How to upload funds on your Skrill Account



You can upload funds by:

Visiting the company website



Logging into your Skrill account and following the relevant upload instructions.



Once you have successfully completed all the Skrill account opening

steps, here are the funding options available to you. These are:

Direct bank deposit: You can fund your account directly from your

bank. However, in order to make a direct bank deposit, the transfer

must be made from a bank account held in the customer’s name. Bank

transfers take two to five days before the funds can reflect on the

user’s online account.



Debit and credit card deposits: You can also fund your digital wallet

using a debit or credit card.



Skrill offers you various upload methods. This depends on which

payment methods you have added to your Skrill account and which ones

are available in your country of residence.



Upload methods are payment services provided by third-party financial

institutions. For example, the issuer of the card you use in uploading

funds or direct bank you use.



Uploaded funds will be credited to your Skrill Account after the funds

have been received. Some transactions, such as those directly linked

with your bank account or via your credit or debit card will be

credited to your Skrill Account immediately.



Skrill does not support the use of prepaid and virtual cards to fund

an account. Remember that for a card transfer to work, the cardholder

must also be the one who owns the Skrill account.



Skrill users in Nigeria can receive and withdraw funds in their local

currency using the digital platform. The digital services offered at

Skrill come at a reasonably low fee and funds get processed fast

enough. While there are various other online payment options available

to users, many prefer skill because of its effectiveness and

affordability.

















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