Currency Conversion Fees
Currency conversions will fluctuate based on Payoneer's current exchange rate.
Conversions will also incur a conversion fee of 0.5% of the amount you are transferring. See below for example conversion fees
Withdrawal Fees
Withdraw in local currency from a Payoneer balance of the same currency.
Example: USD balance > USD bank account, bank is in US
When withdrawing USD, EUR, or GBP to a local bank account, there is a low fixed fee on the transaction for your convenience, if the bank account:
The fixed fee is either $1.50, €1.50 or £1.50 depending on the currency you are withdrawing.
Withdraw in local currency from a Payoneer balance of a different currency
Example: USD balance > EUR bank account, bank is in EU
You can withdraw funds to bank accounts in most currencies and enjoy competitive rates from Payoneer.
The fee is up to 2% of the total transaction amount, you will be shown the rates to make sure you are happy before you confirm the payment.
The exchange rate of the transaction is based on wholesale currency market rates obtained at the time of transaction from a range of financial institutions and includes the conversion fee where indicated.
Withdraw in non-local currency
Example:
USD balance > USD bank account, bank is in EU
EUR balance > USD bank account, bank is in Hong Kong
You can withdraw funds to bank accounts in most currencies and enjoy competitive rates from Payoneer.
For withdrawals with no currency conversion, a minimum fee may apply.
The exchange rate of the transaction is based on wholesale currency market rates obtained at the time of transaction from a range of financial institutions and includes the conversion fee where indicated.
