Rapid Transfer Fees and Taxes
Rapid Transfer is an independent Paysafe payment solution. But it’s established under Skrill. For this reason, Skrill’s fees apply.
Rapid Transfer acts as a mediator between merchants and bank accounts. Thus, the charges are the same as for bank transfers.
For casino deposits, everything is free. Rapid Transfer will charge nothing to fund your casino account.
Since this payment method is not for withdrawals, we recommend Skrill. Similarly, Skrill withdrawals are not charged. Regardless of the withdrawal amount, the transaction is free.
However, check to ensure that you stay within the casino limit.
Skrill deposits and withdrawals are processed instantly. You don’t have to wait for long hours to get your money.
However, some casinos may impose some charges on their own. Some charge as high as 2.5% on deposits. However, withdrawals are free.
It is crucial to note that the charges are independently imposed by casinos. Hence, before settling on a casino, ensure you do sufficient research. Perhaps that could include checking out our reviews at Correct Casinos.
Depositing money to your bank via Rapid Transfer is not free. In EU countries where the service is available, players pay a 1% fee. But as you can see, the charge is quite reasonable.
Similarly, bank transfer withdrawals will cost you. Each withdrawal attracts a flat fee of $5.5. This is regardless of the transaction amount.
Away from that, Rapid Transfer charges transactions that involve currency conversion. Players will pay a 3.99 percent rate to have their denomination changed. Also, the rate here is flat and does not change with the amount.
To sum up, find out the various bank charges before settling on one.