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Latest Blog Post
How to Transfer Money from Paypal to Skrill account?
Top most concern is, suppose your recipients may want funds into their Skrill account because they don’t have a convenient way of withdrawing from Paypal account and another reason is few sort of services that are offered by Skrill are not available on Paypal.
Unfortunately, there is no direct method of sending money from Paypal to a Skrill account. However only ExchangePurse has made such exchange to be possible. Yes you read it correct with ExchangePurse you can now easily exchange your funds from one to another through our AEP, also as of now our AEP is only available in few countries but we're still trying our level best to provide our AEP to all over the world till then a user can use our MEP to transfer their money from Paypal to Skrill.
Exchange Your Balance with a Friend
For this method, you need to look for someone well known to you who have a Skrill balance. Then you can ask them to send money from their Skrill account to your Skrill account, and in return you've to send them the exact amount from your Paypal account to their Paypal account. Finding such matches may not always be possible because you need to look for somebody who frequently receives money into their Skrill account from some other source.
This is one of the safest, secure & simple procedure for those who are able to transfer money from Paypal to a bank account. Depending on your bank account and country, because few countries does not support withdrawal from Paypal and in few countries it can take up-to 5 days for withdrawal. When the money reflects into your bank account, you can easily upload it to your Skrill account through Debit Card, or send it to your intended recipient. You must have to link your Skrill account with bank account. This procedure is not available for every user as Paypal does not support banking partners from all over the world.
Register for a U.S. Payment Service
When withdrawing money from Paypal account to your bank account is possible, such possibilities still remains in a nightmare to many people outside the United States. Many people still have to wait up-to 8 working days for the cash to reflect into their bank accounts. However with a virtual U.S bank account, you can be able to withdraw your cash from US companies just like a citizen of USA. As per our experience and research money from Paypal account will take almost 48 hours during weekdays to reflect into your virtual bank account and instantly from the debit card. This process may take a while longer during the weekends or US holidays.
One such company that offers a U.S payment service is Payoneer. Registration is free and they will not ask you for money until you receive your debit MasterCard® card via ordinary email. They may charge you one-time activation fee.
Use Online E-currency Currency Exchange Service
We also count this procedure as one of the fastest and safest procedure . Here we've mentioned few other e-currency exchange websites which are specialized in offering e-currency exchange facilities. You can simply upload your funds into their portal and select the withdrawal option. With this procedure you can also switch your currency (for example you can only able to send money in USD through Paypal and a person can only receive money in EURO through Skrill), although the currencies may be limited. Few of these websites will necessitate you to make a virtual purchase with the money you wish to transfer and then treat your recipient account as a seller. You are literally buying non-existent goods with your Paypal account and selling with your Skrill account, or vice versa. Some of these sites are;
While transferring the money, you need to send money with their charges and in some cases the charges will get auto deducted before it will arrive in your other account. Their charges are in the range of 1%-15%, depending on the website. Some websites will make an instant exchange like ExchangePurse, while few can take up-to 24 hours. Usually, there is a minimum and a maximum amount which can be exchange, normally $50.