Using Skrill-Deposits & Withdrawals As A Preferred Banking Option

Skrill is what is known as a third party payment processor. Formerly known as Moneybookers, they were founded in London, UK in 2001. Up until 2008, deposits and withdrawals were accepted all over the globe for a multitude of online transactions, with the majority of their business coming through online gaming sites with casino deposits and withdrawals.

Unfortunately, as with the payment processor Neteller they were subject to the US Government Law, ruling it illegal for US residents to fund offshore overseas casino accounts. This had a strong negative impact on their operations since most of their business came from overseas gaming, as a result they were forced out of the country.

That said, there are plenty of online casinos that use Skrill as a reliable way for players to deposit and withdraw funds from, and depending on what country you live in, it's still one of the safest ways to move money around.

There's plenty of ways that such an account can be funded, pre-paid cards, debit cards, credit cards, wire transfers and e-checks are all acceptable easy methods to fund a new account. All that's required are a few basic details like one's name and address, and Passport or Resident ID card copy, for proof of identity when making a withdrawal, to ensure all funds are safely kept secure.

Making Skrill deposits and withdrawals with your online casino account is probably one of the best ways for you to keep your personal details private. When you deposit this way your bank account information and credit card details are not transferred to the cashier of the online casino.

Skrill keep all your personal records out of the public domain and completely private, and your online casino will not have any of your private financial details, only the amount of cleared funds that's in your online account. One of the benefits when making withdrawals and deposits this way at online gaming sites, is the speed with which transactions are processed. Virtually all of the casinos online advertise instant access to funds.

This means that you don't have to wait and wait in suspended animation wondering when your funds will arrive, and you can start playing your favorite games at your chosen casino. There's also no waiting to collect any winnings that you may wish to withdraw. You have the immediacy of keeping your money where you want when you want. Sound like what you are looking for? Why not open a free account today, you could do worse!