These Are the Best Apps Like Skrill in 2023

Skrill is many things to many people. One part international money transfers, another part mobile wallet, and another part debit card, Skrill offers a unique blend of digital financial services to millions of customers around the globe.

However, using Skrill isn't necessarily the best option for everybody. Whether Skrill doesn't send money to your desired destination or whether you think you could find better fees and exchange rates elsewhere, there are other options to compare. Find the cheapest and fastest Skrill alternative using Monito's live comparison engine below 👇

Remitly: Best for Money Transfers

Remitly is a US-based digital remittance app that's very often the fastest and cheapest money transfer app on Monito. Like Skrill, Remitly offers various pay-in and pay-out options and supports currency transfers to over 85 countries worldwide, but unlike Skrill, it's often a bit cheaper according to data from our comparison engine.

Similarities to Skrill:

• You can transfer money to cash pick-up, bank, or mobile wallet deposits
• Easy-to-use mobile app

Differences to Skrill:

• It's often cheaper (especially for cash transfers)

Video review:

Cost: Approx. 0.5% - 2%

Coverage: Available in Europe, North America, Singapore, and Australia and supports transfers to around 47 currencies.

Speed: Remitly 'Economy' bank transfers take three to five business days, while 'Express' card transfers arrive within minutes.

Transfer limits: Exact limits vary depending on currency and country, but generally, the minimum transfer is USD 1, and the maximum transfer is USD 20,000, or currency equivalent.

More info: See our full Remitly review or visit the website.

Wise Account: Best for Payments

Like Skrill and Remitly, Wise isn't a bank but a money transfer operator famous for processing some of the cheapest international transfers globally. (According to our rankings, Wise is the best money transfer service.) However, money transfers aren't Wise's only service: they also offer the Wise Account, a low-cost foreign currency spending account and card product that's best in class on the market, and an excellent alternative to Skrill's online wallet account, especially for FX payments and foreign currency spending.

Similarities to Skrill:

• Supports online payments
• Debit card available
• Account top ups by bank deposit or card payment

Differences to Skrill:

• Balances in dozens of currencies
• Bank details in 10 countries

Video review:

Cost: Approx. 0.25% - 1%

Coverage: Available in the EEA, UK, US, Singapore, Japan, Australia, and New Zealand and supports transfers to around 57 foreign currencies across the globe.

Speed: 52% of transfers arrive within 20 seconds, 71% within an hour, and 90% within a 24-hour period.¹

Transfer limits: Precise limits vary depending on currency and country, but generally, the minimum transfer is just one US dollar, and the maximum transfer is USD million or currency equivalent.

More info: See our full Wise Account review or visit the website.

¹ Q2 2022 Mission Update: Speed

Revolut: Best for Bank-Like Features

Revolut is an online bank and fintech boasting 12 million users globally. In addition to its mobile banking app and innovative features, Revolut offers some of the best-priced international money transfers to global bank accounts that you'll find anywhere on the market. If you're from the EU, you'll additionally have access to banking services, such as trading, access to credit, and Demand Deposit, via Revolut Bank (a licensed and authorised bank), making it an excellent Skrill alternative if you're looking for online checking and flexible spending, payments, and transfers.

Similarities to Skrill:

• Online money transfers (although with fewer receiving currencies)
• Debit card available

Differences to Skrill:

• Revolut is a full banking app that offers far more than just money transfers, including trading, access to credit, and Demand Deposit in the EU/EEA
• There are multiple tiers (paid and free)

Video review:

Cost: Approx 0.5% - 1.5%

Coverage: Available from most major currencies to around 28 others worldwide.

Speed: Within 1 business day.

Transfer limits: Up to USD 1 billion or currency equivalent.

More info: See our Revolut review or visit the website.

How to Find the Best Alternatives to Skrill

When it comes to money transfers in particular, it's worth stressing that there are many apps like Skrill, and no single one will necessarily be better than Skrill or every person in every instance. Overall, however, the apps outlined above will, on average, be cheaper than Skrill and give additional benefits as well.

If you're changing from Skrill to another provider, there are a few other rules of thumb to keep in mind to ensure that you save every extra dollar when sending money internationally for everyday use. These include:

• Open bank accounts that don't charge additional fees for international money transfers. Take a look at our list of the best banks for international travel to find out more.
• Avoid using a credit or debit card to fund your money transfer. If you do, then Paysend is by far the best option.
• Make sure you choose a safe and fully-licensed money transfer service. All services on Monito adhere to the highest security standards and are among the safest ways to send money internationally.
• Avoid using big banks and PayPal, which are practically never the cheapest way to send (or receive) money overseas.
• Where possible, send money to a bank account or a mobile wallet rather than to a cash pick-up location.
• If you're looking for the cheapest way to exchange money with cash, avoid doing so at bureaux de change or airports.
• Where possible, send one large transfer instead of multiple smaller ones. Larger transfers almost always incur lower percentage fees than smaller transfers. Learn more about making sizeable international money transfers here and about how much you can send internationally here.
• Choose a longer transfer speed if it reduces your fees.

It's also important to remember that it's impossible to send money internationally for free and that every currency exchange comes with a cost. However, not all money transfer services are created equal, and some charge you considerably lower fees than others. Monito has reviewed and compared hundreds of money transfer services to simplify your research. Compare them in real time using our award-winning comparison engine below: