Payoneer allows you to transfer international business earnings directly to local bank account. It’s really that easy. Withdrawing to the bank enables you to withdraw funds from your balances directly to your personal or company bank account.
Customers can also pay and get paid as easily globally as you do locally. the financial body is design as an innovative cross-border payment platform that connects businesses and professionals across countries and currencies.
You can easily convert your funds for your business needs, it’s advisable to always have the currency that you need for your global payments by using a multi-currency conversion service.
Account holder can use the debit card for withdrawal of funds via ATMs worldwide and you can easily load your card . Only approved/active bank accounts are available. If your bank account is not available, verify that it has been approved and is active.
How To add your bank account details to Payoneer
To add your local bank account details to your Payoneer account kindly follow the steps below
1. Sign in to Payoneer.
2. Go to Settings From the main menu, and choose Bank Accounts.
3. Choose the type of bank account you want to add:
To add a new bank account for withdrawal, select the Your accounts tab.
.To add a new recipient bank account for paying recipients that are not Payoneer customers, select the Recipient accounts tab.
4. Select Add bank account.
5. Add the bank account details.
6.The account holder name must match the name on your Payoneer account.
7. submit the details, for payoneer to review them.
You can add another bank account from the Withdraw to bank page by clicking Add new account near the top of the page. You can only add:
- a personal bank account – an account that belongs to you, the account holder, or an account that belongs to the authorized representative of the company registered to Payoneer
- a company bank account – an account that belongs to the company registered to Payoneer
How to Withdraw to Bank Account From Payoneer
You can easily withdraw funds from your Payoneer account, directly to your local bank account from over 150 countries and currencies.all you need is to follow steps below:
1. To get start Log in
2. Go to Withdraw and then choose To Bank Account.
3. Select the card/currency balance that you want to withdraw from.
4.Select the bank account you want to withdraw funds to and enter the requested the amount.
5.Verify details to ensure it’s correct
6.submit withdrawal request
How much can you withdraw
The amount of money you can withdraw from payoneer depends on Your available balance and minimum and maximum withdrawal amounts per transaction. Also there are is overall monthly withdrawal limit. If you pass that limit, your account will display a relevant message. In such a case, try entering a lower amount. If your monthly withdrawal limit has been exceeded and you need to withdraw additional funds.
How to track the status of your withdrawal
Customers can track the status of their withdrawal, or view a history of past withdrawals, from the Transactions page in your Payoneer account.To filter the Transactions table to see only your withdrawal transactions:
1. Choose the relevant date range and balance.
2. Select All filters.
3. In the Type filter, select Withdrawal to bank and click Apply.
How to transfer for payoneer {Global Bank Transfer}
You can transfer from payoneer to your recipients.But you need add recipient bank account details before you can initial the transfer
1. Sign in to Payoneer.
2. From the main menu, go to Settings and choose Bank Accounts.
3. Select Recipient accounts tab.
4. Click on Add bank account.
5. Follow the prompt message to add the bank account details.