Softwr

Software · head to head

Remitly vs Skrill

Remitly logo

Remitly

Software

Send money faster to loved ones abroad

From
On request
Rated
-
Full reviewWebsite
Skrill logo

Skrill

Software

Fast and secure money transfer

From
Free
Rated
-
Full reviewWebsite

The short version

  • Only Skrill has a free tier, so it costs nothing to try first.
  • Each has a real cost: Remitly no fee schedule, exchange rate margin or transfer limit is published; the cost is disclosed only after starting a transfer for a specific corridor; Skrill a currency conversion fee of 4.49 percent applies to most conversions
  • They diverge on capability: Remitly covers International remittances, Skrill covers Money transfers.

Where they differ

Only the attributes on which Remitly and Skrill actually diverge.

Attributes where Remitly and Skrill differ
AttributeRemitlySkrill
Starting priceOn requestFree
Free tierNoYes
Founded20112001

Identical on both: pricing model (transaction), platforms (Web, IOS, Android), user rating (Not yet rated), category (Unknown).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Remitly

  • International remittances
  • Multiple delivery methods
  • Send money to 200+ countries

Only in Skrill

  • Money transfers
  • Digital wallet
  • Prepaid card
  • Credit cards

Both cover

  • Currency conversion
  • Bank accounts
  • Web support
  • IOS support
  • Android support

What people use each for

The jobs each tool is most often brought in to do.

Remitly

  • Sending cross border remittances from a phone or browsernot Skrill
  • Delivering funds to bank accounts, cash pickup and mobile wallets abroadnot Skrill

Skrill

  • Sending money internationally from a prepaid digital walletnot Remitly
  • Funding and withdrawing from online merchants and gaming sitesnot Remitly
  • Buying and selling cryptocurrency inside a wallet accountnot Remitly

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Remitly

  • No fee schedule, exchange rate margin or transfer limit is published; the cost is disclosed only after starting a transfer for a specific corridor
  • The Express and Economy delivery options have no published price difference

Skrill

  • A currency conversion fee of 4.49 percent applies to most conversions
  • An inactivity fee of EUR 5.00 is deducted monthly after six months with no login or transaction
  • Card deposits carry a 2.50 percent fee
  • SWIFT bank withdrawals cost 2.80 percent with a minimum fee of EUR 3.5
  • Skrill to Skrill transfers cost 2.99 percent with a EUR 0.50 minimum on standard accounts, reduced to 1.45 percent only for True Skriller accounts
  • Crypto trading fees are tiered by VIP status, from 1.50 percent standard down to 1.30 percent at Gold and Diamond VIP

Pricing, plan by plan

Remitly

On request
  • Express$undefined/month
    • Fast transfers
    • Multiple delivery methods
  • Economy$undefined/month
    • Lower cost option
    • 3-4 day delivery

Skrill

Free
  • Free AccountFree
    • Money transfers
    • Digital wallet
  • Premier Account$undefined/month
    • Higher limits
    • Special rates

Which should you pick?

Choose Remitly if

  • You need international remittances.
  • You work on Web, IOS, Android.
  • You also want multiple delivery methods.
Remitly review

Choose Skrill if

  • You need money transfers.
  • You want to start without paying.
  • You work on Web, IOS, Android.
  • You also want digital wallet.
Skrill review

Questions people ask

Is Remitly or Skrill better?
Neither clearly leads. Remitly starts at On request and Skrill at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Remitly or Skrill?
Skrill has a free tier; the other does not. Paid plans start at On request for Remitly and Free for Skrill.
Does Remitly or Skrill run on more platforms?
Both run on Web, IOS, Android, so platform support will not decide this one for you.
Can I use Skrill for free?
Yes. Skrill has a free tier, so you can try it without paying. Remitly starts at On request.
What is Remitly best used for?
Remitly is most often used for sending cross border remittances from a phone or browser, delivering funds to bank accounts, cash pickup and mobile wallets abroad. Of those, sending cross border remittances from a phone or browser and delivering funds to bank accounts, cash pickup and mobile wallets abroad are not what Skrill is typically brought in for.
What can Remitly do that Skrill cannot?
Remitly covers International remittances, Multiple delivery methods, Send money to 200+ countries. Skrill covers Money transfers, Digital wallet, Prepaid card, Credit cards. Both handle Currency conversion, Bank accounts, Web support, IOS support.
ShareXLinkedInRedditWhatsAppEmail

Related pages

More on Remitly

More on Skrill

Keep looking

Other head to heads