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Let's delve into the specifics of Skrill fees and charges by exploring transaction fees, currency conversion fees, and withdrawal fees. Transaction Fees Skrill applies a fee of 1.45% of the transaction amount for receiving money, capped at $1.50. For sending money, a fee of 1.45% is applied, also capped at $1.50. Understanding these transaction fees is vital to calculate the total cost of your transactions using Skrill. Currency Conversion Fees When conducting transactions involving currency conversion, Skrill imposes a fee of 3.99% on top of the interbank exchange rate. This fee must be consitered when engaging in international transactions or dealing with currencies other than your account's default currency. Withdrawal Fees For bank withdrawals, Skrill charges a fee of $5.50. Additionally, withdrawing to a Visa card incurs a 7.50% charge, while uploading funds via a Visa card carries a 1.90% fee. 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