Skrill Online Casino Payments in Belgium

What is Skrill?

Originally launched way back in 2001 as Moneybookers, the company did a complete rebrand to become Skrill in 2011. Four years later they were acquired by the Paysafe Group, who also happen to own Neteller and Paysafecard among others. A Skrill casino lets you transfer funds securely and works with bank transfers, various cards, and cryptocurrencies. It’s a popular payment option around the world thanks to its support of multiple currencies and low-cost transaction fees.

How Does Skrill Work?

Simply put, Skrill is an e-Wallet that’s linked to your email address. It’s funded via bank transfer, your credit card or various other methods. In Belgium casino pay with Skrill allows you to deposit funds and withdraw winnings. For deposits, you’ll see that funds are transferred instantly, although withdrawals can take up to a few days to be processed. With all these transactions, Skrill provides a high level of privacy between your bank and the casino.

Is Skrill Accepted in Belgium?

Skrill is a popular payment option throughout Belgium. Furthermore, it’s accepted as a legal means of making deposits and withdrawals at many top Skrill casinos in the country. These include Bwin (arguably the best Skrill online casino), Casino Elite and Oria Casino, to name a few. However, it’s important to note that the Belgian Gaming Commission has strict rules when it comes to the use of e-Wallets, especially for making deposits.

Keep in mind that all credit cards are prohibited from use at online casinos. This also extends to using them to fund your Skrill account for the purposes of gambling. For this, you’ll need to use alternative methods such as the Payconiq app from Bancontact or bank transfers.

How to Make a Deposit With Skrill

Assuming you’ve already opened an account with Skrill and verified your identity, then funding any online casino account in Belgium is as easy as making Belgian waffles. Whether it’s a Skrill casino online needing a 5 or 10 euro minimum deposit, follow the steps below, and you’ll be choosing titles from the games lobby in minutes.

1. Sign in to your chosen online casino Skrill.
2. Navigate to the “Cashier” or “Banking” section.
3. Select Skrill from the payment options.
4. Enter the desired amount and click “Continue.”
5. Log in to your Skrill account using the secure pop-up.
6. Authorise the payment by confirming the transaction.
7. The funds will be transferred instantly.

The maximum deposit at the best online casinos that accept Skrill is set in Belgian law and only allows for a total of €200 per week, per website. However, you can email a request to the Belgian Gaming Commission to increase this limit.

How to Withdraw Winnings with Skrill

The withdrawal process is more or less the reverse of making a deposit. Here are the steps to making a cashout.

1. Login and head over to the “Withdrawal” section in the “Cashier” section.”
2. Select Skrill as your withdrawal option (make sure your account is linked).
3. Enter the desired amount. Check the casino’s terms and conditions for any limits.
4. You may have to verify your identity at this point.
5. Click “Submit” to make the withdrawal request.
6. Check your Skrill account for the funds.

On the whole, expect to wait between 24 – 48 hours to get your funds, though much depends on the casino’s own processing times and payout policies. Before submitting a withdrawal request, make sure you’ve completed all the mandated conditions, such as wagering requirements. Also, pay attention to the minimum withdrawal amount in your cash account, as opposed to the sum in your bonus account. Many casinos run two accounts for you, with only the former counting as real money.

Advantages and Disadvantages of Using Skrill

As you can see from the list below, Skrill comes with many more pros than cons. In fact, of the latter, only the inability to fund your Skrill account with a credit card is a minor inconvenience.

Fees and Limits for Skrill in Belgium

Although the online casino will rarely charge any fees for using casino pay with Skrill, the payment platform has plenty of charges. However, many of these will depend on your account level (Standard, True Skriller, or VIP). Let’s go through them:

Deposit Fees

All Skrill deposit online casino carry a minimum fee of €0.50. Other deposit methods also carry fees:

• Bank Transfer – Up to 1% fees
• Debit Card – Up to 2.99% fees
• PaysafeCash – Up to 1% fees
• Skrill-to-Skrill Transfers – 2.99% fee

Withdrawal Fees

Depending on how you choose to make a withdrawal, even at the top Skrill online casinos, expect to pay the following in fees:

• Bank Transfer – Up to 1% fees
• VISA/Mastercard – Up to 2% fees
• Neteller – Up to 1.75% fee
• Cryptocurrency Withdrawals – Up to 3.49%

Currency Conversion Fees

You’ll pay a fee of 3.99% every time you convert a currency to Euros for Belgian casinos.

Account Maintenance Fee

Finally, it’s worth mentioning the fee of €5 per month if your account remains inactive for more than 6 months.

Is Skrill Safe to Use at Online Casinos?

If you’re in two minds about whether to use Skrill for online casino transactions in Belgium, then at least you can rest easy when it comes to the security of the platform. Apart from account limits and mobile app security, the key features that ensure both your personal and banking information is kept away from prying eyes are as follows.

• Two-Factor Authentication (2FA) – Essentially, you’ll need two forms of authentication when performing certain transactions. For example, after entering your password, you’ll receive an SMS code to verify your identity.
• SSL Encryption – Skrill uses the latest in Secure Socket Layer (SSL) encryption technology to keep your sensitive data secure.
• Fraud protection – Using sophisticated fraud detection tools, Skrill is able to quickly identify and prevent fraud.
• Identity Verification – Skrill uses KYC (Know Your Customer) to reduce the risk of fraud.

Alternative Payment Methods for Belgian Players

We feel that Skrill casinos for real money offer virtually everything a Belgian casino player could want. However, there are plenty of other secure and convenient options available. These include other e-Wallets like PayPal casino and Neteller, which both offer fast deposits and withdrawals. If you don’t want a middleman between your bank and the online casino, then there’s always the ever-reliable bank transfer, along with Bancontact for mobile payments.

Finally, if you’re more tech-savvy, then cryptocurrencies like Bitcoin, Ethereum, and Litecoin are becoming increasingly popular thanks to low fees, high levels of privacy and fast processing times.

Our Verdict: Should You Use Skrill at Online Casinos in Belgium?

Using an e-Wallet like Skrill for both funding and cashing out your online casino account in Belgium is a great option. After all, along with top-notch security features, it offers an easy-to-use interface with plenty of options to add money for gambling purposes. Yes, we’ll admit that the fees are pretty high, but not large enough to choke on your frites.