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How To Withdraw From Payoneer Account To Your Bank Account

Payoneer offers a “Withdraw to Bank” Service that enables Payoneer account holders to withdraw funds from their Payoneer Account directly to their personal bank account.

For you to use this service, you will be required to provide a bank account in your name or an account that is owned by you. If you own the account but it is not in your name, you may be requested to provide supporting account ownership documentation.

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How Do I Add My Bank Account To Payoneer?

  1. Log in to your Payoneer Online Account.
  2. From the menu, go to “Withdraw” and then “To Bank Account”.
  3. If this is the first time that you are withdrawing funds, click “Add Bank Account” and follow the on-screen instructions.

How Can I Withdraw From My Payoneer Account To My Bank Account?

You can withdraw once Payoneer approves the bank account you added to your Payoneer account as explained above.

  1. Log in to your Payoneer Online Account.
  2. From the menu, go to “Withdraw” and then “To Bank Account”.
  3. Select the account to which you are transferring the funds.
  4. Fill in the details of the transfer and click “Continue”.
  5. Fill in the Security Confirmation page and submit your withdrawal request.

There is no setup or recurring (monthly/annual) fee associated with the Withdraw to Bank Service; however, the transfer fee may vary according to the selected country and currency. To find out the relevant fees for your country and currency, please contact Payoneer.

Kindly note that this service is currently not available to all account holder and only available in select countries.

Is the Payoneer withdrawal service available for your country?

Recommended : How To Open Payoneer Account in Nigeria

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Written by Jide Ogunsanya

Pro Nigerian Blogger, Digital Marketer and Web designer. I help business owners to grow their businesses online. You can join my Facebook Group here or join my Telegram Group here.

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40 Comments

  1. I received mine today, I applied 15 days ago and it was delivered so soon. Thanks to post service in Nigeria…. My advice to new applicants to payoneer card is that you should visit nipost website to know the postal code that is related to your residence so that you can walk down to that closest post office and pick it instead of waiting at home.

    • Hello, can I receive my payooner card at the Nipost headquarters in Abuja?
      Do I have to give payooner the Nipost headquarters address?. I want to pick up the card on my own.

    • If you have a Payoneer account then you already have access to there Global payment service and that means Payoneer has opened for you a US bank account that you can use to receive money from companies as if you were living in the US. So in your Adsense account you will add the US bank details that was provided by Payoneer to your account there and that's it, you will be paid in your Payoneer.

  2. Last month, I withdrew from my Payoneer to my dollar-based domiciliary account. I was charged $15. So, people should be aware this fee.

    This is somehow a good development. I don’t really mind since I’ll incorporate it into the fees I charge my clients.

    • @Ebene So pls, what’s the range of the amount you withdraw? did you withdraw without your mastercard, just straight into your local bank account? Thanks

      • I think this is a new development since i’m not sure they have that option to withdraw to your dollar-based account before. I withdrew $110 to my account. They removed their $15 and I have $95 left.

        In fact, as I’m typing this, I’m about to initiate another withdrawal to my domiciliary account. The fee is somehow high but I’ll find a way to incorporate it into what I charge my clients.

    • Hello Ebene,

      I can’t see a withdraw from USD option in my account. I can only see withdraw from EUR and GBP but my payoneer balance is in USD. Please what can i do?

      Dave

  3. hi thanks for all feed backs i have a payoneer account but since i requested for my card i cant transfer to my dollar account in nigeria i have been trying to find which banks have atm that withdraw dollars. or i can withdraw but would be charged

  4. How much do the pay you when your withdrawing through local banks, let’s say assuming you where to withdraw a 100 dollars, how much is it in niaras, like how much is there dollars to naira

  5. Hello guys. I have 94USD in my Payoneer account. I cannot withdraw it to my bank account because it is not up to 1000USD. I’m thinking of converting to EUR to see if the withdrawal limit will reduce.
    Please, does anyone know the withdrawal limit for EUR on Payoneer?

    • Hello buk
      I was also faced with such challenge but I had to write to payoneer support to please change my minimum withdrawal to $50 or $100 due to the fact that my monthly payment is not up to that amount and in no time, my minimum withdrawal was changed to $50.
      Now I have been able to withdraw my money, doh am still waiting for it in my account because they said it will take up to 3 – 5 working day.
      I was charged $15 for withdrawing to my personal bank account but I don’t know if that is a regular fee or a one time fee.

  6. Hi… I need urgent reply please…. The last withdrawal from Payoneer to my GTBank Dom account attracted a deduction of extra $20 aside the $15 deducted by payoneer. The account is my DOM account. Same account I use with adsense. A cent has not been deducted before since using adsense. But I’m losing $35 with payoneer. Is this normal please?

  7. Can i run payoneer account without Domiciliary Account In Nigeria? i want to know if i can open payoneer account and withdraw from it without dom account

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