How to withdraw funds from Payoneer to your bank account
Payoneer offers several easy, quick, and low-cost ways to receive funds from global clients, and once you’ve done so, there are many ways you can use your earnings. Once of the most useful ways, though, is to withdraw your earnings, at any time, to your local bank account. After all, Payoneer connects with local banks…
Payoneer offers several easy, quick, and low-cost ways to receive funds from global clients, and once you’ve done so, there are many ways you can use your earnings. Once of the most useful ways, though, is to withdraw your earnings, at any time, to your local bank account. After all, Payoneer connects with local banks in over 150 countries and territories!
So, if you already have funds in your account and want to know how to withdraw them to your local bank without any headaches, high fees and poor conversion rates, follow the simple instructions below or watch this video:
How to withdraw money to your bank account
1. Sign in to Payoneer.
2. From the menu, go to Withdrawย >> To Bank Account.
If you have not yet added a bank account to withdraw your funds to, you will see a page with guidelines on how to add a bank to your Payoneer account.
3. Select the currency balance or card you want to withdraw funds from.
4. Enter the withdrawal details, as displayed in the example below:
A. Select theย bank accountย you want to withdraw funds to.
If you need to add a new bank account, click here or follow the instructions on the Bank Accounts tutorial.
B. Enter the amount you want to withdraw. Note your available balance, displayed at the top of the page.
C. If you like, enter a description of the withdrawal for your records. This is not a mandatory field.
5. Click . The withdrawal summary will then be displayed.
6. Review the details of your withdrawal and make sure everything is correct. If you need to change anything, click Edit and make the necessary changes.
7. After youโve check that everything is correct, mark the checkbox ‘I approve this transaction’ and click .
8. That’s it! You will receive an email confirmation after completing the withdrawal and your funds will be available in your account within 3-5 business days.
To check if the service is supported for your country, please click here. Please note that this service is subject to availability.
For more information, please read the FAQ in our Support Center.
Related resources
Latest articles
-
How to simplify payment operations with Payoneerโs automation feature
Save time, reduce costs, and eliminate errors with Payoneerโs new payment automation feature.
-
How to prevent online payment fraud as an SMB
Prevent online payment fraud by overcoming challenges like phishing, fake accounts, and account takeovers (ATO) with enhanced security features from Payoneer.
-
Amazon Fees & Policy Updates 2024
Amazon regularly makes planned updates to fees and policies that may impact Payoneer customers that sell on Amazon. To keep Payoneer customers informed regarding upcoming and past updates, weโre providing a list of known changes to Amazon fees and Policy updates.
-
How Payoneerโs target exchange rate feature will help you save more on bank withdrawals
Boost savings with Payoneerโs target exchange rate feature.
-
Navigating phishing attacks: A guide to keeping your Payoneer account secure
Keeping your funds safe is our number one priority at Payoneer. While phishing attempts can happen, arming yourself with knowledge is key to keeping your data and money safe
-
Zoho Books and Payoneer integration guide
Learn how to seamlessly integrate Payoneer with Zoho Books. Follow our step-by-step guide to connect your accounts, create invoices, and manage payments efficiently. Optimize your financial operations today!