Method Payoneer Use for Local Bank Withdrawal.

websensepro

Hi Guys,

I have one concern where I need help. To file income tax returns in Pakistan FBR(Federal board of Revenue) requires proof of income which as an freelancer is a bit difficult to proof but if we can show PRC (Proceeds Realization Certificate) to FBR it approves that we are offering our services internationally and money is earned in completely legal manner.

So my question is does Payoneer send Local bank withdrawal as Wire Transfer because only than we can ask our bank for PRC Certificates. And if they do send it as wire transfer what are the supportable bank in Pakistan.

Looking forward to hear from you guys.

Thanks!

Adam_Payoneer

Hi Web,

Payoneer is capable of transferring locally or via wire which depends on several factors. I do not know which one works for you specifically, so I recommend you contact Payoneer support with this question so they can advise you on this.

shozabhasan

Did you get the answer? Please share. I also need to file tax return. In my bank statement, its mentioned something like this "IBFT FROM 1LINK From 900083181010586". 900083181010586 may the account number of Payoneer?
How we can prove it as foreign remittance?

Adam_Payoneer

Payoneer's responsibility begins by helping you collect your pay and ends by helping you access it. However the one thing they emphasize on is that you report your income to your local tax authorities.

If you require to file your taxes, I highly recommend you contact your local tax attorney to help you with this and make sure they specialize in reporting foreign remittance.