Payoneer Fees and Timing
It takes two days for the transfer from Upwork to Payoneer to be cleared. Payoneer has an instant loading option available for any additional fee of $2.50. You can set the option in your Payoneer account settings easily.
Payoneer availability features and fees are varied from country to country. If you have applied for the Mastercard recently, it may take up to 25 business days to receive the Payoneer Debit MasterCard. You can contact Payoneer to expedite the process at no extra charge.
Payoneer will include additional costs to a small Upwork fee per transfer fee.
Possible payer fees include activation, monthly maintenance, and ATM usage. Please visit the Payoneer account to view the information regarding price and other terms and conditions for your Payoneer card. Payoneer can set the minimum and the maximum transfer amount. Again, please refer to Payoneer for details.
USD 3 flat fees for each transfer from AT Credits to your Payoneer account.
The teacher withdraws an amount of USD 100 in AT credit to a Payoneer account.
Payoneer charges a flat fee of 3 USD for each transfer, and the teacher will receive 97 USD once the Payoneer fee is applied.
There are three different situations when it comes to charges once the payment is received in your Payoneer account:
To transfer USD to the United States (ACH):
Local Bank Transfers:
A recipient wishes to receive a bank transfer in his local currency to his/her local bank account. The transfer fee is 3 USD. A currency exchange fee of approximately 2% of the amount (depending on the currency).
Example: A teacher with a Japanese bank account wants to receive money in JPY.
SWIFT (Wire) Bank Transfer:
If a recipient wishes to receive a bank transfer in USD currency to their local bank account, the transfer fee is USD 15. Additional intermediary bank fees or loading charges may apply.
Withdraw amount: USD 100 in AT Credits
Payoneer fee: $15
Payoneer currency exchange fee: none
The teacher receives $85 and intermediary fees or loading fees applied by other banks.
The URL will help you regarding Payoneer account:
Click on the below link: