What is the Incoming Wire Transfer Fee on Payoneer?

vpbayvpbay Member Posts: 7
I would like to receive a payout from a US Company (CCBill) to my Payoneer account. They will recognize it as a domestic wire transfer. So the outcoming fee will be 15 $. But what is the fee on Payoneer while receiving the wire?(I mean incoming wire transfer fee)

Also I would like to know is there a monthly fee on payoneer account?
And what are fee's while withdrawing to a bank account from my payoneer account?

Answers

  • Adam_PayoneerAdam_Payoneer Administrator Posts: 1,109 ✭✭✭✭✭✭✭
    Hi,

    Generally speaking we cannot receive any form of wire, whether it is international or domestic. To receive a payment locally, you need to advise your client/employer to process the payments locally in a form of an ACH/direct deposit payment transfer. This way you won't have to endure the $15 fee.

    Once the funds are received through the global payment service, you will only be charged a 1% loading fee from the amount you receive. You can check out a full list of fees associated to receiving payments through our website by clicking here.

    In regards to other fees such as card fees, this really depends on the way your Payoneer account was set up. The fees are structurally based on the agreements we have with various companies, so the fees may change between the cards depending on how the card account was set up originally. If you create an account directly from our website without being redirected, you will only have to endure an annual fee of $29.95 that is charged at the beginning of each yearly billing cycle.

    If bank withdrawal is supported in your country, you can learn more about fees associated to the card and bank service on our Currency Conversion blog. 

    Happy and willing to answer general questions.

    For any inquiries directly associated to your Payoneer account, please contact Payoneer's Customer Care Support Center.

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