Payoneer Fund Withdrawal – How To Withdraw Money From Payoneer Account: Payoneer is one of the latest online financial institutions that allows its users to sign up for an account, send and receive money into their local bank accounts.
According to Wikipedia, Payoneer is a financial services company that offers online money transfer, digital payment services and provides customers with working capital.
On the global financial service platform, account owners can send and receive funds into their bank account, Payoneer e-wallet, or onto a re-loadable prepaid MasterCard debit card that can be used online or at points of sale. The company specializes in facilitating cross-border B2B payments. It provides cross-border transactions in 200 countries and territories and more than 150 local currencies, with its cross border wire transfers, online payments, and refillable debit card services.
Companies like Airbnb, Amazon, Google and Upwork use Payoneer to send mass payouts around the world. It is also used by eCommerce marketplaces such as Rakuten, Walmart and Wish.com, freelance marketplaces such as Fiverr and Envato, and works with ad networks to connect these firms with publishers based outside of their headquartered country.
In the content creation space, Payoneer works with Getty Images, iStock, Pond5, and others as well as in the freelance marketplace.
Payoneer has a customer care team with 320 employees who support 4 million customers in 70 languages, operating in 150 different currencies.
In October 2019, the company launched a service aimed for small and medium-sized businesses to send payments anywhere in the world quickly and cheaply.
In this article, you will see all the steps you need to follow to withdraw funds from payoneer to your local bank account.
So if you are a freelancer and have received fund from somebody or your client and want to figure out the steps you need to follow to receive payment from payoneer. Continue reading below and please don’t hesitate to share this article with your friends and loved ones!!!
Payoneer Fund Withdrawal – How To Withdraw Money From Payoneer Account
Here are the steps you need to follow to withdraw funds from youe payoneer account:
- First off, you will need to sign in your payoneer account via www.payoneer.com
- Go to the top right corner of the payoneer page and click on the Sign in button
- Next, enter your email address and password and then click on the sign in button and you will be taken to your Payoneer account
- Now, you will need to go to Withdraw
- Choose To Bank Account.
- Select the currency balance or the card you want to withdraw funds from
- Enter the specific withdrawal details:
i. Choose the bank account you want to withdraw to
If you want to create a new account, go to the Bank Management tab or follow the instructions form the Bank Accounts Tutorial
ii. Write down the amount of money you want to withdraw, all while keeping a note of your current balance in that currency
iii. You could also enter a description for your records, but this is purely optional
This will give you a final overview of the withdrawal you are about to make
Read all the details you have written carefully
If you see any mistake, simply press the Edit button to change it
Once you are 100% sure the details you entered are correct, press Withdraw
Lastly, click withdraw and you will receive a confirmation email stating that the withdrawal was successful.
How To Cancel a Withdrawal On Payoneer
If you mistakenly withdraw money from payoneer and want to cancel the withdrawal, you can contact the payoneer immediately.
Contact payoneer support if you want to cancel your withdrawal and provide the following information:
- Date of withdrawal
- Amount of withdrawal
- Withdrawal ID No. (displayed on your withdrawal confirmation)
- Reason for canceling the withdrawal
That is it on Payoneer Fund Withdrawal – How To Withdraw Money From Payoneer Account.
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