Payoneer Charges india

Nikhil
Nikhil Member Posts: 8 ✭
in Ask The Community
Hi Everyone,

I'm from india and I want to withdraw money from upwork via payoneer global payment USD account. Will I get charged 1% to receive amount ?

Are there any other charges like currency conversation charge and withdrawal charge.

Let's say if I receive 200$ from upwork then what will be charges on this amount ?
Or I will receive full 200$ in my indian bank account.

Comments

  • [Deleted User]
    [Deleted User] Posts: 1,147 ✭
    edited April 2019

    Hi @Nikhil Your future payments received from Upwork to your currency balance will automatically be transferred to your bank account (every hour). The overall fee charged to receive the payment and for the transfer is 2% of the total amount. If you receive a payment of $200, then the fee will be $4.

  • Nikhil
    Nikhil Member Posts: 8 ✭
    edited April 2019
    > @Cristale_Payoneer said:
    > Hi @Nikhil Your future payments received from Upwork to your currency balance will automatically be transferred to your bank account (every hour). The overall fee charged to receive the payment and for the transfer is 2% of the total amount. If you receive a payment of $200, then the fee will be $4.

    Hello Cristale,

    And what will be my currency conversation rate will be?

    Mid market rate or some percentage lower than mid market?
  • KazPayoneer
    KazPayoneer Confirm Email, Member, Administrator Posts: 1,559 ✭✭✭✭✭✭✭

    Hi there @Nikhil,

    The rate will be 2% higher than the mid market rate.

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