Payoneer Charges india

NikhilNikhil Posts: 8Member
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

  • Cristale_PayoneerCristale_Payoneer Posts: 1,277Administrator ✭✭✭✭✭✭✭
    edited April 30

    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.

  • NikhilNikhil Posts: 8Member
    edited April 30
    > @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?
  • KazPayoneerKazPayoneer Posts: 1,260Confirm Email, Member, Administrator ✭✭✭✭✭✭✭

    Hi there @Nikhil,

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

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