Why I can’t deposit using Skrill or Neteller even if I have sufficient funds in it?

1 min. readlast update: 11.19.2023

Skrill and Neteller Deposit issue

DESCRIPTION: If you are trying to fund your Deriv account via Skrill or Neteller and received an error message stating that the transaction could not be completed; follow the instructions below to find out how to resolve this case.

POSSIBLE REASON: If you deposited into your Skrill or Neteller e-wallet with your MasterCard. You will not be able to deposit this amount to Deriv.com due to the restriction set by the Mastercard on Skrill and Neteller e-wallets due to the restriction set up by the wallet provider.

Even if you transfer this amount to a different Skrill / Neteller e-wallet this amount still will be blocked and not available for deposits to our website as the initial resource of funds was MasterCard.

RESOLUTION STEPS:

  1. Thus, we would advise you to deposit into your Skrill or Neteller wallet using a VISA card.
  2. Then you can go to your Deriv Cashier and deposit in your account using the funds in your e-wallet.

For further check refer to:

https://community.deriv.com/t/unable-to-deposit-using-skrill-or-neteller-even-have-sufficient-funds/26401

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