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Get Paid Into Your Local Bank Account with Payoneer

Keren StoleriuKeren Stoleriu
April 20, 2020

No one said being an entrepreneur was easy – you have to hustle, and each hour spent depositing international checks at the bank is less time being invested in your business or spent with family and friends.

Payoneer’s cross-border and flexible payments solution enables businesses, sellers and freelancers all around the world to get paid globally as easily as they do locally. With Payoneer, you can receive your well-earned funds from top global marketplaces in a fast, secure and cost-effective manner in 200 countries and 150+ currencies, with the funds ending up in your local bank account.

We’ve partnered with industry leaders like Airbnb, Walmart, Amazon, Wish, Taboola, Crossover, Fiverr, Upwork and 2000+ others to make things as simple as possible and allow people like you to connect with clients and customers worldwide.

Get Paid Globally as Easily as you do Locally

Payoneer offers multiple ways to simplify your international payments with your funds reaching your local bank account.

  • Receiving Accounts – Payoneer’s receiving accounts enable you to receive local bank transfers from companies and top marketplaces in the US, UK, EU, Japan, Canada, Australia and Mexico, all directly to your Payoneer account. Basically, your receiving account acts just like a local bank account, so you’re essentially receiving an international payment via a bank transfer. Simply provide the details of your accounts to your clients and then they can easily send you a payment just as if they were around the corner.

  • Withdraw to Bank – You can withdraw your funds from your Payoneer account to your local bank account in local currency.

  • Make a Payment – Need to pay a team member, supplier or contractor? Payoneer’s Make a Payment Service enables you to pay them using your Payoneer balance, whether they have a Payoneer account or not. If your client is a Payoneer user, it’s completely free! If not, you can pay them directly into their bank account for a low fee.

  • Manage Currencies – When conducting international business, you need easy access to funds in major foreign currencies at all times. We can help you to easily and quickly transfer funds between different Payoneer balances to ensure that you have the currency you need for your international payments. It’s also affordable! We use the current market rate and we only charge a fee of 0.5% so you’ll know exactly how much you’re going to receive.

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Editor’s Note: The original post was updated on 20.04.20 for accuracy and comprehensiveness.

The content provided in this article including any information relating to pricing, fees, and other charges is accurate and valid only as of the date it was published. In addition, changes in applicable regulations, policies, market conditions, or other relevant factors may impact the accuracy of the mentioned pricing and fees and other associated details. Accordingly, it is further clarified that any information regarding pricing, fees and other charges is subject to changes, and it is your responsibility to ensure you are viewing the most up to date content applicable to you. Payoneer will provide the most up to date and accurate information relating to pricing and fees as part of the account registration process. Registered customers can view this information via their online account.

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