Once you get paid, you can withdraw those funds to your local bank account with a few clicks. Fees vary depending on the currency of your account, but the convenience and simplicity is always the same.
To a local bank account of the same currency
When withdrawing USD, EUR, or GBP to a local bank account, there is a fixed fee on the transaction for your convenience if the bank account:
Is in the same currency as your balance
Is in a country where the withdrawal currency is the local currency
Is in the same country that you have listed in your Payoneer profile
$1.50
USD to USD payment
€1.50
EUR to EUR payment
£1.50
GBP to GBP payment
To a local bank account in another currency
You can withdraw funds to bank accounts in most currencies, and enjoy competitive rates from Payoneer.
Note: Bank processing fees, landing fees, or other intermediary fees may be deducted from the withdrawn amount by your bank or any other payment provider not directly associated with Payoneer.
UP TO 2%
above market rate, at the time of the transaction
The exchange rate of the transaction is based on wholesale currency market rates obtained at the time of transaction from a range of financial institutions and includes the conversion fee.
Paying suppliers and contractors is simple when you partner with Payoneer. Whether you’re a Payoneer customer, or just want to pay one, we’ve got you covered.
Directly from your Payoneer balance
When you earn funds from clients and marketplaces, those funds will land in your Payoneer balance. From there you can pay suppliers and contractors directly with the following fees:
If recipient has a Payoneer account:
You can send other Payoneer customers funds directly from your balance to theirs for free!
FREE
to a recipient’s Payoneer account
If recipient doesn’t have a Payoneer account
Send payments directly to your recipient’s bank account via bank transfer. Generally, there is a fee of up to 2% when sending payments from your Payoneer balance to bank accounts.
UP TO 2%
above market rate, at the time of the transaction
The exchange rate of the transaction is based on wholesale currency market rates obtained at the time of transaction from a range of financial institutions and includes the conversion fee.
Fixed fee cases
A fixed fee will apply when you use your USD, EUR, or GBP balance to make a payment to someone whose bank account:
Is in the same currency as your balance
Is in a country where the payment currency is the local currency
Is in the same country that you have listed in your Payoneer profile
Payoneer customers can also make batch payments to up to 200 bank accounts at once with a 2% fee.
$1.50
USD to USD payment
€1.50
EUR to EUR payment
£1.50
GBP to GBP payment
Not receiving earnings with Payoneer? No problem! You can also:
Pay a Payoneer customer for their business services
Millions of suppliers, freelancers, and other contractors get paid with Payoneer. You can pay any of them via credit card, ACH bank debit (US only), or local bank transfer and enjoy competitively low rates.
Note:Payment method may vary by country (for details see our FAQ). Fees shown are maximums and may be lower depending on the recipient. When making a payment, you can choose to either pay the fee or pass it on to the recipient. If your recipient is in a European Economic Area (EEA) country, they will automatically be charged the fee.
1%
ACH Bank Debit
3%
Credit Card
1%
Local Bank Transfer
