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Payoneer local receiving account (e.g. SGD) for the same country (e.g. Singapore)?

ikevin2022 Member Posts: 2
I'm planning to incorporate a new company in Singapore (but I'm neither a citizen nor a resident of Singapore) to monetize YouTube income.

I can see here that it is possible to use a Payoneer account to receive money for YouTube monetization:

And it is possible to get paid like a local receiving account for Singapore:

So, here is my question:

Can a Payoneer business account for a Singaporean company receive payments in a Payoneer local Singapore Dollar account? That means, can a Payoneer account based in a certain country (e.g. Singapore) have a local receiving account for the same country (e.g. Singapore)?

The reason I'm asking this is some people told me it is not possible for a Payoneer account to create a local receiving account for the same country. Is this true?


  • Kiara_Payoneer
    Kiara_Payoneer Administrator, Moderator, VIP Member Posts: 598 ✭✭✭✭✭✭

    Hello @ikevin2022 !

    Payoneer has the option to provide and SGD receiving account and it's designed to receive SGD payments from Singaporean companies. Please note that it is subject to eligibility.