Skrill to GCash: A Comprehensive Guide for Filipino Customers

Skrill and GCash are popular international options for money transfer and mobile wallet services in the Philippines. Skrill, a leading digital payments provider, allows you to send money globally safely. GCash, a mobile wallet app, has transformed how Filipinos handle their finances.

Frequent travelers and online shoppers are already familiar with these services. There are many benefits to using them. If you want to know how to transfer money online from Skrill to GCash, this guide is for you.

How to Register and Verify Your Skrill and GCash Accounts

To send money with these services, one must have accounts on both. Here is how to start.

Additional information and documentation may be necessary to prove your identity before sending or withdrawing money. For example, it’s a government-issued ID and proof of address. It’s important to complete the account verification process to avoid issues or delays when sending a remittance to GCash.

1. Verify your email address by clicking on the link sent to your inbox.
2. Log in to the Skrill mobile app and complete the verification process.

GCash account:

1. Download the GCash app on your smartphone. 
2. Open the app and select “Register.”
3. Fill out the registration form.
4. Create a four-digit mobile PIN and submit the registration form.
5. Verify your account. To do so, submit a valid ID.

Additional information and documentation may be necessary to prove your identity before sending or withdrawing money. For example, it’s a government-issued ID and proof of address. It’s important to complete the account verification process to avoid issues or delays when sending a remittance to GCash.

Sending Money from Skrill to GCash: A Step-by-Step Guide

Many wonder how to transfer money from GCash to Skrill. A GCash Pin or valid mobile number is all one needs. Here, we’ll see how to do it the other way around. If you have a Skrill account, sending money to GCash is easy.

1. Log in to the Skrill account.
2. Navigate to the “Send” section and select “Mobile Wallet.”
3. Choose the Philippines as the recipient country and GCash as the mobile wallet.
4. Enter the recipient’s GCash mobile number (the format should be 09XXXXXXXXX) and the amount you want to transfer.
5. Review the details and confirm the transfer.
6. Wait for the transfer to be processed, which typically takes a few minutes.

Skrill charges a fee to send money to GCash. It varyies depending on the transaction amount and currency exchange rates. Ensure your account has sufficient funds to cover the transfer amount and fees. Once the transfer is complete, the funds will be immediately available to play online casinos with GCash.

Payment Methods for Skrill to GCash Transfers

Many payment methods are available for sending remittances to GCash, from bank transfers to credit card payments. Let’s see the main ones:

• Bank transfer. This is maybe the most common payment method. You will only need to link your bank account to your Skrill mobile app and transfer the funds to your bank account. Once the funds are in your bank account, do a bank transfer to send it to your GCash account and then withdraw it.
• Debit or Credit Card Payments. The Skrill mobile app or website allows you to send money using your debit or credit card. This is an easy way to transfer funds if you have a valid debit or credit card linked to your account. Select the debit or credit card bank option and enter the details to complete the transfer.
• Mobile Money Transfers. If you don’t have a bank account or a debit/credit card bank, still do a Skrill to GCash transfer using mobile money transfers. Skrill supports various options, such as M-Pesa and MTN Mobile Money. Simply select the money transfer option and follow the instructions to complete the transfer.

Remember that each payment method may have different fees and processing times. Check the fees and processing times for each payment method before transferring.

Skrill to GCash Fees and Charges

Sending money from Skrill to GCash is a cost-effective way to receive funds from one account to the other. However, users should be aware of some fees associated with this service.

The service charges a flat fee for each money transfer. However, this varies based on where the sender is located. For example, sending money from the United States incurs a different fee than sending money from the United Kingdom. These fees can add up over time. There is also a margin to the exchange rates when converting currency. It is typically around 3% and varies depending on the exchange currency.

There may also be fees when you want to withdraw and receive funds. How do I transfer money from GCash to Skrill, in this case? Having valid accounts and a mobile number will suffice.

Skrill to GCash Transfer Limits

When you send money from Skrill to GCash, know that both have their maximum transfer limits. For the latter, it is PHP 100,000 per month.

On the other hand, Skrill has a maximum transfer limit of €10,000 (or its equivalent in other currencies) per month for unverified accounts. However, this limit is increased by verifying your Skrill account. To verify your account, provide some personal information and supporting documents, such as a copy of your ID and proof of address.

Comparing Skrill with Other Remittance Services

Compared to other remittance services, Skrill money transfer stands out as one of the most affordable international options to send money online to the Philippines. While other services charge a fixed fee and take a percentage of the total amount sent, Skrill’s fees are much lower, making it an attractive choice for those looking to save on transfer costs.

Some of Skrill’s top competitors include Western Union, MoneyGram, and Xoom. Western Union and MoneyGram are both known for their high fees, which can add up quickly when you send money in larger amounts. Xoom, on the other hand, has relatively low fees but charges a higher exchange rate margin.

On average, Western Union charges around $5-$10 for transfers under $500, taking a percentage of the total amount sent for larger transfers. MoneyGram’s fees are similar, with an additional markup on the exchange rate. On the other hand, Xoom charges around $4.99 for transfers under $1,000 and $9.99 for transfers over $1,000.

Compared to these competitors, Skrill offers a much more affordable option, with fees as low as 1.45% for transfers to GCash wallets in the Philippines. This makes it a top choice for those looking to save money on transfer fees while still getting their funds to their desired destination quickly and reliably.

Method	Fees
Skrill	1.45%
Western Union	$5-$10
MoneyGram	$5-$10
Xoom	$5 (under $1000)-$10 (over $1000)