Skrill is one of the UK's longest-running digital wallets, and its dedicated Skrill Money Transfer service is where new customers can pick up a genuine cash discount just for sending their first international payment. If you regularly send money abroad — to family, for a property purchase, or to cover overseas bills — the Skrill referral programme is a simple way to shave money off that first transfer, on top of Skrill's competitive exchange rates.
This review sets out exactly what the current Skrill referral offer pays, how to activate it correctly, and what Skrill Money Transfer and the wider Skrill wallet are like to use once your discount has landed — the fees, the coverage, the app, the loyalty scheme and who it genuinely suits.
Current verified offer
What you get: £10 off your first international money transaction when you sign up to Skrill Money Transfer via a referral, as confirmed on Skrill's official Money Transfer homepage.
Referral code:FAISALN19
Referral link: Open the Skrill Money Transfer referral page
How to activate: register for a Skrill Money Transfer account through the referral link above, or tap "Got a referral code?" during sign-up and enter the code manually.
Qualifying action: complete a cross-border money transfer at or above the minimum transfer amount for your country, within 3 months of registering with the referral code.
Who qualifies: new Skrill Money Transfer customers only, residing in a participating country, who have not previously used Skrill Money Transfer.
Timing: the referral credit is applied automatically once Skrill confirms your qualifying transfer has been successfully credited to the recipient's bank account or mobile wallet; each customer can only be referred once and receive one referral credit.
Skrill referral offer at a glance
| Item | Current details |
|---|---|
| New-customer reward | £10 off your first qualifying international transfer |
| Referral code | FAISALN19 |
| Referral link | transfers.skrill.com referral page |
| Who qualifies | New Skrill Money Transfer customers in a participating country |
| Qualifying transfer | A cross-border money transfer at or above the minimum amount set for your country |
| Time limit | Qualifying transfer must be made within 3 months of registering with the code |
| Credit usage | Referral credit is applied automatically to an eligible future transfer; up to 5 credits can be used per transaction |
| Coverage | Send to bank accounts in more than 40 countries |
| Regulator | Skrill Limited is authorised and regulated by the UK Financial Conduct Authority as an e-money institution |
How to claim your Skrill referral discount
- Open the Skrill Money Transfer referral link above, or head to transfers.skrill.com and start a new sign-up.
- If the code hasn't been applied automatically via the link, look for "Got a referral code?" during registration and enter
FAISALN19. - Complete Skrill's identity verification steps — this is a regulated financial service, so you'll need to confirm your name, address and identity documents.
- Set up your first cross-border transfer to a bank account in one of Skrill's 40+ supported destination countries.
- Make sure the transfer amount meets or exceeds the minimum transfer amount set for your country of registration — this varies by market, so check the live figure in your account before sending.
- Send the transfer within three months of registering with the referral code, since that's the window Skrill allows for a referral to qualify.
- Once Skrill confirms the money has landed in the recipient's account or wallet, your referral credit is applied automatically and you'll get an email confirming it.
What Skrill and Skrill Money Transfer actually offer
Skrill has been operating since 2001 and has grown from an online payment wallet into a broader digital finance platform. Today it covers three main jobs: paying online without sharing your card or bank details, sending money to a bank account or another Skrill user, and moving cash internationally through Skrill Money Transfer — the specific service this referral offer applies to.
Products and services
- Skrill wallet — a digital account for online payments, gaming, trading platforms and peer-to-peer transfers, topped up by card, bank transfer or other supported methods.
- Skrill Money Transfer — a dedicated international remittance product for sending money directly to a bank account overseas, separate from the general wallet and the specific product this referral scheme rewards.
- Send money — transfers to another Skrill customer or to a bank account, available from within the main Skrill app.
- Knect loyalty programme — Skrill's points scheme, where nearly all transactions earn points that can later be exchanged for cash rewards and bonuses.
- Rate alerts — free notifications that tell you when the exchange rate for your chosen currency pair hits your target level, useful for timing a transfer around your Skrill referral discount.
Onboarding and everyday use
Signing up asks for the usual identity checks you'd expect from an FCA-regulated e-money firm, including proof of identity and address before you can send larger amounts. Once verified, both the Skrill wallet and the Money Transfer service are available through a mobile app (iOS and Android) or the website, and Skrill says transfers made through the app or site typically arrive within minutes for many corridors, though this depends on the destination country and payment method.
Pricing, fees and delivery
Skrill Money Transfer earns money through its exchange rate margin and, on some transfers, a transaction fee, which varies by currency corridor and payment method — always check the total cost shown at checkout before confirming, since the £10 referral discount is only a good deal if the underlying rate is competitive that day. Skrill Money Transfer covers more than 40 countries, and delivery speed depends on the destination and how the recipient is being paid, whether that's a standard bank transfer or another payout method.
Rewards and loyalty mechanics
Beyond the one-off referral discount, Skrill runs the Knect loyalty programme across its wallet, where transactions earn points that convert into cash rewards, bonuses and other perks over time. On the Money Transfer side specifically, the Refer-a-Friend scheme lets each customer refer up to 50 friends and earn up to 50 referral credits in total, with a maximum of five referral credits usable in any single transaction — so it can add up to a meaningful ongoing saving if you send money abroad regularly and refer others who do the same.
Support and eligibility
Skrill offers an in-app virtual assistant plus a support and FAQ centre covering account, payments and security queries. To use the referral programme you must reside in a participating country, and each customer can be referred by only one person and receive one referral credit as the referee — repeat referrals of the same person don't stack. If your qualifying transfer fails, falls below the minimum, or isn't a genuine cross-border payment, Skrill will apply the referral code to your next eligible transfer instead of voiding it outright.
Security and regulation
Skrill Limited is authorised and regulated by the UK's Financial Conduct Authority as an electronic money institution, which is worth knowing when you're sending meaningful sums abroad through a non-bank provider. Standard account security includes two-factor verification options and monitoring of transactions, in line with what's expected of a regulated payments business.
Limitations to weigh up
- The referral credit is a fixed £10, not a percentage, so it matters proportionally more on smaller transfers than large ones.
- You need to complete your qualifying transfer within three months of registering with the code, so the offer isn't open-ended.
- Referral credits are applied to future transfers rather than being withdrawable as cash, and a maximum of five can be used per transaction.
- Minimum transfer amounts and exact referral credit values can vary by country of registration, so it's worth checking your own account before assuming a figure.
- Exchange rates and fees should always be compared against specialist transfer apps for your specific corridor, since the £10 saving can be outweighed by a weaker rate elsewhere.
Practical scenarios for using the Skrill referral offer
- Scenario — sending money home regularly: someone who sends money to family abroad every month could use the Skrill referral code on their first transfer, then continue building up further referral credits by inviting friends who also send money regularly.
- Scenario — a one-off overseas payment: someone paying a deposit or bill in another country for the first time can apply the referral code at sign-up, check the live exchange rate against the total amount they need to send, and confirm the £10 discount is applied once the transfer clears.
- Scenario — comparing providers before a big transfer: someone moving a larger sum abroad, such as for a property purchase, might use the Skrill referral discount to offset costs on a smaller test transfer first, while comparing Skrill's overall rate against other regulated transfer providers.
- Scenario — referring others after your own transfer: once you've completed your first Skrill Money Transfer, you can get your own referral link from your account and refer friends or family who also send money internationally, building up credits for future transfers.
How Skrill Money Transfer compares by use case
| Use case | Skrill Money Transfer fit | What to check first |
|---|---|---|
| Regular family remittances | Good — supports 40+ countries with app tracking | Minimum transfer amount and fee for your corridor |
| One-off overseas payment | Good — quick sign-up and referral discount on first transfer | Live exchange rate versus your bank or a specialist app |
| Large one-time transfers (e.g. property) | Workable, but compare rates carefully | Total cost including FX margin, not just the £10 discount |
| Everyday online spending | Use the main Skrill wallet, not Money Transfer | Wallet top-up methods and Knect loyalty points |
Who the Skrill referral offer suits best
- People sending money abroad for the first time who want a straightforward £10 reduction on their opening transfer while they get a feel for Skrill's rates and service.
- Regular senders to family or friends overseas who can build up referral credits over time by inviting other people who also send money internationally.
- Existing Skrill wallet users who haven't yet tried the separate Money Transfer service and want an incentive to test it out.
- Anyone comparing international transfer providers who wants to weigh Skrill's referral discount and exchange rate against alternatives before committing to a regular provider.
It's a less natural fit for anyone who only ever pays online or sends money domestically, since the referral discount applies specifically to cross-border Skrill Money Transfer transactions rather than the general Skrill wallet.
Referral FAQs
How do I use the Skrill referral code?
Register for Skrill Money Transfer via the referral link, or select "Got a referral code?" during sign-up and enter FAISALN19 manually. The £10 discount is applied once you complete a qualifying cross-border transfer.
What counts as a qualifying transfer for the Skrill referral offer?
Your first transfer needs to be a genuine cross-border money transfer at or above the minimum transfer amount set for your country of registration, completed within three months of signing up with the referral code.
What's the difference between Skrill and Skrill Money Transfer?
Skrill is the main digital wallet used for online payments and peer-to-peer transfers, while Skrill Money Transfer is a separate service specifically for sending money to a bank account overseas — and it's the product this referral scheme applies to.
Can I use the Skrill referral code more than once?
No. Each customer can be referred by only one person and can receive one referral credit as a new customer. As a referrer, you can refer up to 50 friends and earn up to 50 referral credits in total.
How many referral credits can I use on a single transfer?
Skrill allows up to five referral credits to be applied to a single Skrill Money Transfer transaction, with any additional balance carried over to a future transfer.
Is Skrill regulated in the UK?
Yes. Skrill Limited is authorised and regulated by the Financial Conduct Authority as an electronic money institution, covering both the Skrill wallet and Skrill Money Transfer.
What happens if my referred transfer fails or is below the minimum?
If a qualifying transfer fails, is below the minimum amount, or isn't a cross-border payment, Skrill will apply the referral code to your next eligible transfer rather than cancelling the referral entirely.
How many countries can I send money to with Skrill Money Transfer?
Skrill Money Transfer supports sending to bank accounts in more than 40 countries, making it a practical option for sending money to family abroad or covering overseas payments.
Verdict
The Skrill referral offer is a clean, easy-to-claim £10 discount on your first international money transfer, backed by an established, FCA-regulated brand with coverage across more than 40 countries. It's genuinely worth activating if you already need to send money abroad — just apply the code at sign-up, check the minimum transfer amount for your country, and compare the live exchange rate before you send, since that's what determines whether the overall transfer is good value on top of the referral saving.
