Currency exchange

Fxjoe

If I received payment in euro and need to withdraw to my local naira account, will it automatically convert to my local currency in my local account?

mianbashir89

The currency rate as per my local bank HBL for USD to PKR is 167.60 while when I want to draw money from Payoneer account to my local Bank HBL, I got only 162.68. This means 3% is charging by Payoneer but it was told to us, there will be max. 2 % currency conversion fee. Some to clear, Pls.