Open a Local Receiving Account with Payoneer
Local receiving accounts give you more freedom to get paid like a local in more currencies and markets. Itโs like having bank details in the currencies that clients and marketplaces want to pay you in.
Your approved receiving accounts list
Worldwide
SWIFTUSD | XX-3943
Eurozone
LOCALEUR | XX-6826
Add receiving accounts for countries where you do business
CAD
JPY
AUD
Accept international payments in global currencies
No US bank account, but need to get paid in US dollars? No problem.
With Payoneer, you donโt have to live in a country to get paid in its currency. Itโs easy to get paid by clients and marketplaces in the US, UK, Europe, Japan, Canada, Australia, Singapore, Hong Kong, and UAE โ then withdraw locally in more than 190 countries.
US dollar
Routing number and Account number
Japanese yen
Japanese yen
Australian dollar
BSB code and Account number
Euro
SWIFT/BIC, IBAN
Hong Kong dollar
Routing number and Account number
Singapore dollar
Singapore dollar
Canadian dollar
Institution number, Transit number, Account number
British pound
UK sort code, Account number and IBAN
UNITED ARAB EMIRATES DIRHAM
Bank name, IBAN
Donโt see the market you need?
In addition to our local receiving accounts, Payoneer offers a SWIFT (wire) receiving account so that those hard-to-reach clients can pay you in USD via the SWIFT network. Keep all your payments in one place with Payoneer.
Your funds, your choice
Funds that you earn with local receiving accounts can be used to do all kinds of things. For example, you can make payments to your contractors, suppliers, or remote employees. Donโt have the right currency for the payment? Easily transfer funds between USD, GBP, EUR, and more with just a few clicks. Itโs transparent too โ see up front what youโll receive in the new currency.
Sign in
Sign in to your Payoneer account and go to Activity > Manage currencies.
Select the currency
Enter the amount and the currencies youโre converting to/from.
Verify and submit
Check that youโre happy with any fees and the amount youโll receive in the new currency.
Youโre an international businessperson
That means some of your clients might only pay you in a certain currency or require a local bank account. Payoneer helps you manage through our network of local receiving accounts. So, you can work globally, get paid like a local, and deliver the best experience for everyone.
Have a global presence
Keeping your banking details in a foreign country can be beneficial for business and Payoneer can help you do just that with local receiving accounts.
Get paid pronto
Get paid in multiple currencies with up to 70% lower fees than usual bank transfers. When itโs easier for them, youโre more likely to get paid on time.
Local payment methods
Meet your clients’ needs and deliver a payment experience that feels local and flexible. Customers can pay via credit card, bank transfer, and more.
Multi-currency,
multi-language support
International payments and managing currencies can be complex, but we speak your language. Our international team is available in 22+ languages to answer your questions about running a multi-currency business.
