With Payoneer, you can now withdraw your payments directly to your bank account. 🙂
Payments to bank account can be received in different currencies based on your country of residence.
Your country of residence and address will be set in the Payoneer system upon registration to Payoneer services. During the Payoneer registration process you can choose the currency based on the currencies that are available in your country of residence.
Bank Transfers in Local Currencies (the cheapest and fastest way):
In the following countries transfers to bank accounts in local currency are available.
The fee is $3 transfer fee + 2% conversion fee, delivery time is between 1-3 business days:
Brazil, Chile, Peru, Barbados, Costa Rica, Jamaica, Mexico, the Bahamas, Trinidad & Tobago, Spain and Portugal.
In countries where Local option is not supported, Payoneer provides an option to receive your payout in USD or EUR:
Bank Transfers in USD and EUR (WIRE/SWIFT):
In the following countries transfers to bank accounts are available in either USD or EUR.
The fee for USD transfers is $15 fixed (no matter what is the payment amount). Delivery time is 5-7 business days.
The fee for EUR transfers is $3 + 2% conversion fee. Delivery time is 5-7 business days.
** WIRE/SWIFT transfers encounter additional fees which cannot be predicted by Payoneer as they are charged by intermediary banks and receiving bank.
Brazil, Chile, Peru, Barbados, Costa Rica, Jamaica, Mexico, the Bahamas, Trinidad & Tobago, Bolivia, Bonaire, Colombia, Ecuador, Islas Malvinas, Guyana, Paraguay, Suriname, Uruguay, Venezuela, Aguilla, Antigua and Barbuda, Argentina, Aruba, Belize, El Salvador, Dominican Republic, Guatemala, Honduras and Panama.
If you can’t find in this article your country of choice, please contact us.
Payoneer Bank Transfers Costs Summary
Article | Price (USD) | When does it apply | Available Countries** |
Local bank transfers | $3 transfer fee + 2% conversion fee | Each time a transfer is sent by Workana to your bank account via Payoneer | Brazil, Chile, Peru, Barbados, Costa Rica, Jamaica, Mexico, the Bahamas, Trinidad & Tobago, Spain and Portugal. |
Bank Transfers in USD/EUR (WIRE/SWIFT) to none US/EU countries | $15 fixed fee for USD transfers* $3 +2% conversion fee for EUR transfers* *Additional fees may apply by intermediary banks and/or the receiver’s bank |
Each time a transfer is sent by Workana to your bank account via Payoneer |
Bolivia, Bonaire, Colombia, Ecuador, Islas Malvinas, Guyana, Paraguay, Suriname, Uruguay, Venezuela, Aguilla, Antigua and Barbuda, Aruba, Belize, El Salvador, Dominican Republic, Guatemala, Honduras, Panama, Argentina, Brazil, Chile, Peru, Barbados, Costa Rica, Jamaica, Mexico, the Bahamas, Trinidad & Tobago.
|
Bank transfers in USD to USA (ACH) | $1.5 | Each time a transfer is sent by Workana to your bank account via Payoneer | USA only |
**Availability of bank transfers is subject to change. In case changes are made to the bank transfer route of your choice, you will be notified by Payoneer.
IMPORTANT: If the amounts sent were less than 49.99 usd, they will be retained by Payoneer until it exceeds this amount 🤑
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