I thought that this was the solution I'd been looking for but unfortunately it doesn't work any more.
I bought a UKash voucher and converted it to USD but when I tried to use it at CashU.com the transaction failed with an unknown error.
I called UKash customer services and they said that UKash vouchers are no longer valid at CashU.com so I tried to convert it to EUR so that I could use the service at mercabit.eu but the conversion failed due to "suspicious activity" this then voided the whole voucher and so began the saga of trying to get my money back from UKash.
Four weeks later after countless email and telephone conversations and providing copies of my drivers licence and bank statement I've finally received a valid UKash voucher although it's still in USD and I'm forbidden to convert it to anything else.
Thankfully I've managed to find a few UK sites who would accept them so I've got some theatre ticket gift vouchers along with some tat from a gadget site which I'll be able to use as Christmas presents for family members / work colleagues.
I lost about £5 altogether so no biggie but it was a lot of hassle.
It looks like you can only convert your UKash vouchers to a different currency once so make sure you know the correct currency and that the site you want to use them at still accepts them regardless of whether they have the UKash logo plastered all over it.
From my personal experience, I'm done with UKash. I don't like it that a company I hardly know of has so many details about me now and that they have so much control over what I do with my "cash".
I'm putting this down to a learning experience - You win some, you lose some.