About currenc when withdrawing money to local bank accoung

Hi. I have some question about using Payoneer
I am living in Vietnam and I want to withdraw money from payoneer account to my local bank account. So can I withdraw by USD, or it's obligated i must use VND curency?
Hope for your respond. Thank you

Comments

  • Sarah_PayoneerSarah_Payoneer Posts: 22Confirm Email, Administrator ✭✭✭✭✭✭✭

    Hey @brentclark2003

    The default option to withdraw your funds will always be in local currency. Once you have your account set up, you can contact Payoneer support team to see if you can change it to a different currency.

  • brentclark2003brentclark2003 Posts: 2Member
    Thanks Sarah. After researching, i found that I can withdraw by USD if my transaction is big enough. So what amount is big, how much i must withdraw? thank you
  • Adam_PayoneerAdam_Payoneer Posts: 1,087Administrator ✭✭✭✭✭✭✭

    Hi @brentclark2003 ,

    The usual minimum withdraw amount is $50 or of the equivalent currency however, several factors can influence the availability or limit of how much can be withdrawn to a bank in a single transaction, which is why you need to contact support to see what exact limits apply in your case.

    Happy and willing to answer general questions.

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

  • SangaySangay Posts: 5Member
    Can i transfer to local bank in Bhutan? Are bhutanese banks supported? If so what fees are applicable?
  • Adam_PayoneerAdam_Payoneer Posts: 1,087Administrator ✭✭✭✭✭✭✭

    HI @Sangay

    Currently you can withdraw your funds to Bhutan in USD or Euro currency only. Local currency is not an option at this time but it is something Payoneer is working on expanding to countries such as Bhutan. The fee for non-local currency transfers in this case is $15 from Payoneer's side, with intermediate banks possibly charging an additional feel, something Payoneer is unable to control.

    To get a direct answer in regards to your individual account, contact Payoneer support directly.

    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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