Can I withdraw money from Payoneer to my bank account?

Sign in to Payoneer. Go to Withdraw & transfer and then select Withdraw to bank . If you have not yet added bank account for withdrawal, please click on the Add new button and proceed to the bank account registration. If your bank account is pending approval, we'll let you know.

What is the minimum withdrawal amount from Payoneer to bank?

Payoneer bank transfer Minimum withdrawal amount: $23 (+ $3 Payoneer fee) Bank transfer fees. Note: From 1 November 2022, earnings withdrawals directly to your bank account will only be available to tutors currently using this method of payment.

How long does it take to transfer money from Payoneer to local bank?

It usually takes up to 3 business days .

Can I withdraw less than 100 from Payoneer?

The minimum withdrawal amount that you can withdraw from Payoneer to your bank account is $50 . One thing you can do is to use your receiving accounts to receive at least 30$ so it can reach the minimum of $50. If your identity has been verified on Payoneer, then you can request for a receiving account.

Can I send money from Payoneer to another bank account?

If recipient doesn't have a Payoneer account If the recipient is not a Payoneer customer, you can still pay them directly from your Payoneer balance to their bank account via bank transfer . A lower fee is available for higher-earning customers.

How much does it cost to transfer money from Payoneer to bank account?

The amount of Payoneer withdrawal fees varies depending on the chosen currency. If the accounts are in dollars, euros, and pounds sterling, a fee of 1.50 dollars/euros/pounds sterling is charged. If your Payoneer account and your bank account are in non-local currencies, then up to 2% of the amount will be levied.

Why does Payoneer take so long to transfer money?

If your payment has not arrived within 3 business days from it being sent by the payer: Ensure your payments are from initiators that meet the account guidelines . Verify that you don't have outstanding requests for information in Verification Center that must be completed before the payment can be delivered.

Is it safe to leave money in Payoneer?

Our infrastructure is built on leading global banking partners. By working with a network of the largest and most stable banks around the world, we have built an industry-leading infrastructure, designed to keep your funds safe .

Can I withdraw $10 from Payoneer?

While withdrawing through Payoneer, the funds will be transferred to the connected bank account, or directly to a Mastercard issued by Payoneer. Minimum withdrawal amount: $20 (+ $1 Payoneer fee), the maximum amount possible is $3000 .

How can I transfer money from Payoneer to recipient bank account?

Sign in to Payoneer. From the main menu, select Pay and then Pay to a recipient's bank account. In the Pay from field, choose the balance from which you would like to pay. In the Pay to field, choose the recipient's bank account.

Can I withdraw money from ATM with Payoneer?

The Payoneer card makes it easy to use your Payoneer funds globally. You can make business purchases, pay for advertising, buy goods and business services online or in stores, and withdraw funds at ATMs .

Withdraw payments to your local bank account

What they say

What do our current customers think of working with Payoneer? Here’s what they have to say.

Withdraw payments to your local bank account - Payoneer (1)

Jenny jauarti

Founder and Owner, KainKain

See Also

Account with Card - FAQ

Since I received my Payoneer card, I use it daily to receive funds from companies around the globe. If you are like me and need to receive payments in US Dollars, or you are an affiliate through companies like cj.com, or an etailer selling on Amazon, Wish, Etsy, or you are working part-time as a freelancer for foreign companies, Payoneer will be your first choice.

Withdraw payments to your local bank account - Payoneer (4)

Gabriel Carrivale

CEO, Delery Agency

Payoneer helped us in a great way. I see Payoneer as my partner, because they are always thinking about better solutions to provide me with a better service. They understand our business, so they create professional solutions adjusted to us, the generation of digital workers.

As an expert in the field of online payment solutions and global financial transactions, I have a deep understanding of the dynamics involved in facilitating cross-border payments and supporting businesses in expanding their reach. My expertise is grounded in both theoretical knowledge and practical experience, having closely monitored the evolution of financial technologies and actively engaged with industry trends.

Now, let's delve into the concepts highlighted in the provided article, which revolves around customer testimonials regarding their experience with Payoneer.

Payoneer: Global Payment Solution Payoneer is positioned as a global payment solution that plays a pivotal role in enabling businesses and individuals to engage in international transactions seamlessly.
Global Market Expansion The testimonials underscore how Payoneer has been instrumental in fostering global market expansion for businesses. Jenny Jauarti, the founder of KainKain, highlights how Payoneer facilitated the growth of her brand on Amazon, one of the largest global online selling platforms.
Revenue Increase Jenny Jauarti's testimonial further emphasizes a direct correlation between utilizing Payoneer and a substantial increase in business revenue. This implies that Payoneer is not only a facilitator of transactions but also a catalyst for financial growth.
Simplified Money Transfer Process Toan Thang, an affiliate marketer, commends Payoneer for simplifying the process of transferring money from American/European companies to his bank account in Vietnam. This points to the platform's effectiveness in streamlining cross-border fund transfers.
Daily Use for Receiving Funds Zhou Li Fei, an online seller, highlights the practicality of using Payoneer on a daily basis for receiving funds from global companies. This implies that Payoneer is integrated seamlessly into the daily operations of businesses involved in international transactions.
Diverse User Base Zhou Li Fei's testimonial also outlines the diverse user base that can benefit from Payoneer, including affiliates, e-tailers on platforms like Amazon, Wish, and Etsy, as well as freelancers working for foreign companies.
Partnership and Customized Solutions Gabriel Carrivale, CEO of Delery Agency, sees Payoneer not just as a service provider but as a strategic partner. His testimonial emphasizes the importance of Payoneer's understanding of their business, leading to the creation of professional solutions tailored to the needs of digital workers.

In conclusion, these testimonials collectively paint a picture of Payoneer as a versatile, user-friendly, and business-centric global payment solution that goes beyond mere transaction facilitation, actively contributing to the growth and success of businesses in the digital economy.

Withdraw payments to your local bank account - Payoneer (2024)

What they say

What do our current customers think of working with Payoneer? Here’s what they have to say.

FAQs

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