Thank you for visiting our Community Forum. For anything community-related please visit our SMB Network (https://www.payoneer.com/community/) or Resource Hub (https://www.payoneer.com/resources/). For support inquiries please visit http://paynr.co/ask.

Withdraw funds to Bank Account in USD

brit
brit Member Posts: 5 ✭
in Ask The Community
Is it possible to withdraw USD to my British USD Bank Account (Barclays International banking) without incurring a withdrawal fee of 2%?

Comments

  • brit
    brit Member Posts: 5 ✭
    Also will the withdrawal attempt to convert the Payoneer USD funds to GBP
  • Nissim
    Nissim Administrator Posts: 3,602 ✭✭✭✭✭✭✭
    We currently support local bank withdrawal to the UK, in GBP. You will not be able to withdraw from Payoneer to your UK bank account in USD.
  • Tapiro
    Tapiro Member Posts: 1 ✭
    edited April 2016
    I'm from Philippines, and my local bank has a Dollar Account, And I would like to use my international dollar bank account to avoid the the conversion like USD to USD, but it said that "fund will be transferred in your selected currency" which is PHP and not USD.
  • Altan
    Altan Member Posts: 1 ✭
    edited November 2016
    I had to revive this post. Due to I cannot withdraw to my local bank in USD, I have to pay %40 tax. However in our law, if my customer is foreigner, and their product which I have developed is used in a foreign country, and I am paid in foreign currency (USD) the tax becomes %0. It is very important issue for me.

    > @Nissim said:
    > We currently support local bank withdrawal to the UK, in GBP. You will not be able to withdraw from Payoneer to your UK bank account in USD.

Categories