The Skrill (Moneybookers) Terms of Use and Privacy Policy are changing

好人好发

We would like to inform you that we have updated the Skrill (Moneybookers) Account Terms of Use and the Privacy Policy.

The changes that have been made will take effect by 25/05/2012. Please refer to the links included for details.

We have initiated these changes for the following reasons:

Regulatory Updates: Since the introduction of the Electronic Money Regulations 2011, industry regulators have issued further guidance on some of the new rules. The changes incorporate these recommendations.
Rebranding and Clarity: In line with our rebrand to Skrill, we have added reference to Skrill within both documents. In addition, we have clarified a number of the provisions, including adding headings and clause numbers for your ease of use.
Processes: We have clarified some of the processes and timescales within which you can exercise your rights under both the Skrill (Moneybookers) Account Terms of Use and the Privacy Policy to provide a clearer understanding.
Operations: We have clarified some of the operational service levels you receive from us, especially how fast your uploaded funds are available to you.
Foreign Exchange Fee Increase: We have increased the foreign exchange fee in the “Fees” section. This increase shall not apply to you if you have been granted VIP status (level of Silver, Gold or Diamond) in accordance with the Skrill VIP Terms and Conditions or if you are using your Skrill (Moneybookers) Account for commercial purposes. Please note that no other changes to the fees associated to your Skrill (Moneybookers) Account have been made.

Please read the updated documents and keep a copy for future reference.

For more details on the changes that we have made, please refer to the following links:

Summary of Key Changes to Skrill (Moneybookers) Account Terms of Use and Fee Section
Summary of Key Changes to Privacy Policy

The changes will apply from 25 May 2012 unless you object and notify us that you wish to terminate your account in which case your account will be terminated immediately and without charge. You can do this at any time by contacting Customer Services. If you do not object to the changes before 25 May 2012, we take this as your acceptance of the changes.

Best wishes,

Skrill (Moneybookers)