Transferwise to Payoneer (EUR)

amra_Sa
amra_Sa Member Posts: 4 ✭
in Ask The Community
I find here that it can transfer funds from Transferwise to Payoneer in EUR. I tried and they rejected my payment, reason: self-funding. Can anyone explain to me how to transfer my payment from Transferwise to Payoneer?

Comments

  • [Deleted User]
    [Deleted User] Posts: 1,147 ✭

    Hi @amra_Sa The payments were cancelled because the name of the initiator is the same name as the one that appears on your account. Basically, receiving payments from TransferWise is only possible if the payment comes from a contractor that wishes to pay you through TransferWise, however, you cannot transfer funds from your TransferWise account to your Payoneer account.

  • amra_Sa
    amra_Sa Member Posts: 4 ✭
    > @Cristale_Payoneer said:
    > Hi @amra_Sa The payments were cancelled because the name of the initiator is the same name as the one that appears on your account. Basically, receiving payments from TransferWise is only possible if the payment comes from a contractor that wishes to pay you through TransferWise, however, you cannot transfer funds from your TransferWise account to your Payoneer account.

    Ok, thank you for your answer. Can I send money from my account on Transferwise on friends account on Payoneer?
  • amra_Sa
    amra_Sa Member Posts: 4 ✭
    edited May 2019
    @Cristale_Payoneer Ok, thank you for your answer. Can I send money from my account on Transferwise on friends account on Payoneer?
  • KazPayoneer
    KazPayoneer Confirm Email, Member, Administrator Posts: 1,559 ✭✭✭✭✭✭✭

    Hi there, this would not be possible. The funds from Transferwise would need to be from that of a company who pays through TransferWise.

  • amra_Sa
    amra_Sa Member Posts: 4 ✭
    But I got paid from my bosses private account on Transferwise, not company. And for EUR account writes that can received payments from individuals thru Global Payment Service.
  • [Deleted User]
    [Deleted User] Posts: 1,147 ✭

    @amra_Sa You should be able to receive the funds if the line of business is ok. However, please also know that some payments are subject to review and they can sometimes be declined however, we are not aware of all our payment approval team's decision-making. Some of their considerations are internal, we do not have access to this information, and therefore we cannot promise that the payment will be loaded.

  • SAQ
    SAQ Member Posts: 3 ✭
    Can I send money from my UK LTD company's Transferwise account to my Personal Payoneer account? For transaction such as salary or dividend payments.
  • SAQ
    SAQ Member Posts: 3 ✭
    @Cristale_Payoneer Can I send money from my UK LTD company's Transferwise account to my Personal Payoneer account? For transaction such as salary or dividend payments.
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