Skrill to Monzo transfer duration


#1

Hello MonzTers :smile:
Any idea how fast a transfer from Skrill will arrive in my Monzo account?

Thank you


(Tony Hoyle) #2

Monzo update as soon as they get the money, so it’s down to how long the payment takes from the other end.

On skrill’s site: “All withdrawals are first approved by our internal review team, which takes approximately up to three business days. Once we have processed your withdrawal, it will take 24 hours for the funds to appear in your bank account.”

So given Monday isn’t a business day, if you started the transfer today you’re looking at Friday.


#3

Thank you,

I used to withdraw my Skrill funds to Monese and the transaction time was like 4 hours, i know about that 24 hours rule but seems like it’s useless since it happened to receive the money in 4 hours when using an UK bank.