Transfering funds from Skrill and prepaid card

niki999

Hello I am new at this so i have a few question to ask.

Before few days i oppned ans Euro Payoneer account. I was asked if I want prepaid card and I accepted it. I saw that card is now in process and on its way to me.

My first qustion is related to card itself. I saw that card sent to me is in the USD. How can I use that card as I do not have USD account nor anoyone asked me what currency I want for card (I have Euro and GPB account on Payoneer). Should I order a new Euro card?

I plan to transfer euro funds from the skrill by using Global Paying System. I set in Skrill account data provided from my Payoneer account for USD and EUR and there lies my dillema.

My Skrill account is also in Euros and I can send funds in Euros but since card sent to me is in USD should I use USD paying instructions (where appropirate EUR to USD conversion will be done) and can on such a way money be sent at all to my account on Payoneer as I do not have USD subacount but ony card in USD.

Or should I use Euro GPS paying instruciotn and send Euros to euro subaccount and then oreder Euro card as I undesratand that no conversion between currencies are possible in order to fund a card.

I looked yesterday all the day into various forums but I am still totaly clear on this.

I hope that someone can help me.

Thank you,

N

Adam_Payoneer

Hi there,

When applying for a Payoneer account, the option to order a USD card is available for almost all countries as soon as you have an approved account. If you require to order the Euro or GBP prepaid MasterCard, you can do this through the same method, but you first need to earn at least 50 EUR or GBP before the option becomes available.

Not to be confused, the card is ordered at no cost just like the USD card was ordered. Payoneer only requires its users to show that they are active in receiving payments in the supported currencies before being able to order the desired EUR or GBP MasterCard.

To summarize cross currency transfers (because it's a very diverse topic):

-The Global Payment Service details can only receive transfers in the same currency as the collection bank account details (USD --> USD, EUR --> EUR, GBP --> GBP). Companies such as Skrill might convert the funds to be able to deposit the funds to the details we provide, but you will need to direct this question to them.
-Funds loaded in EURO balance cannot be accessed via the USD MasterCard or vice versa.

If your Skrill is already set up in the Euro currency, I would recommend you focused on receiving the funds in that currency and eventually order the card. Remember that even before you are able to order or activate the card, the default option for accessing your Euro payments will be to withdraw it to your local bank account.

niki999

But on my account I do not have USD subaccount I have in drop down menu EUR, GBP and Prepaid card in USD.

niki999

Also If i understand you correctly the best way is then that I use paying instructions for Euros provided in GPS section of my payoneer account. Then when 50 Euros is transferred I can order Euro card?

niki999

OK i sent money in euros to Payoneer according to EURO GPS instructions from skrill now I should wait. Then we will see :smile: and order euro Masetr card.