Splitwise vs Wise: Everything you need to know
Find out more about the differences between Splitwise and Wise and how you can use both.
No longer use your Skrill account or looking to switch provider? Whichever is the case, you’ll need to know how to close your Skrill account.
In this guide, we’ll walk you through the process of shutting down your account with Skrill. This includes the easiest way to do it, and a few things to quickly check before closing the account for good.
Plus, we’ll throw in a handy tip if you’re looking for a new way to manage your money - the Wise multi-currency account. This could save you a bundle if you ever make or receive international payments, or are planning a trip abroad any time soon.
But for now, let’s get back to what you came here to read.
There are a couple of ways to close down your account with Skrill.
By far the easiest and quickest way is online, but you can also contact customer services if you prefer.
We’ll run through all the essential info you need to know here.
Simply follow these steps to request the closure of your Skrill account online¹:
Once your account is closed, remember that you won’t be able to use your Skrill card.
Alternatively, you can contact Skrill customer services to discuss the closure of your account². Here are your options¹:
Head to the Skrill Support page and search ‘contact’ to find these options and more information.
If you don’t really use your Skrill account but haven’t got round to closing it, there’s something important you need to know.
Skrill charges an inactivity fee for unused accounts. If you don’t make a transaction or at least log in every 6 months, you’ll be automatically charged a service fee of around £5 every month³.
So to avoid this, it could be wise to just close the account altogether.
The good news is that you can close your Skrill account at any time and for any reason, completely free of charge¹.
Before you can close your Skrill account, you’ll need to check the following¹:
Until you’ve done all of the above, the option to close your Skrill account won’t be available.
If you still have any money left in your Skrill account, you’ll be prompted to withdraw it. Otherwise, you can contact Customer Services and ask for the balance to be transferred to you².
Looking for a new account now that you’ve moved on from Skrill? Make sure you check out Wise, especially if you send money internationally or have an overseas trip planned.
Open a Wise multi-currency account online and you’ll be able to make fast, secure international transfers for low fees and the mid-market exchange rate. You can manage 50+ currencies at once, and convert between them whenever you need to. It’s never been easier to manage your money across borders.
You can receive money from abroad for free, and spend like a local on your holidays or business trips using the Wise international debit card. This clever contactless card can be used in 200+ countries, and automatically converts currency at the best rate whenever you spend.
Wise is a brilliant solution for travellers, business owners, digital nomads and people with friends and family overseas. See how it works here.
Sources used for this article:
Sources checked on 07-Jul-2022.
*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
Find out more about the differences between Splitwise and Wise and how you can use both.
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