Link Payoneer to Bank – Payoneer is an online money transfer service provider founded in 2005 and fully functional in more than 200 countries in 150 currencies worldwide. The service allows for the transfer of money locally and internationally thereby bridging the gap between businesses of different worlds.
The main aim of Payoneer is to ease the payment process of businesses and to make it easier for large corporations to pay or send funds to their workers or hirees. Its services such as wire transfers, online payments, e-wallet, debit card services encourage online transactions.
However, online money transfer is still regarded as a new concept thus it’s not bad if you find it hard getting around these things.
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How to Link Payoneer Account to Bank Account
Although you can send, receive, withdraw, or make payments using your Payoneer account, not everyone has the luxury of it. While some can’t do it, some regions and network connections can make it frustrating to use your Payoneer account in any way.
As a Payoneer account holder, there might come a time when you will need to transfer your funds to your bank account or even fund your Payoneer account from your bank. Try linking a bank account to your Payoneer account first and then get on with the rest.
- Sign in to your Payoneer account.
- Navigate to the “Withdraw” menu.
- Hit on “To Bank Account” and tap on “Add New” next.
- Go through with your Payoneer security check.
- Fill in the details of your bank account and stick to Payoneer’s prompt to finalize the process.
Once you are done, you will be notified via email when your bank account is ready for action.
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How to Withdraw Payoneer Funds to Bank Account
- Sign in to your Payoneer account.
- Hit the “Withdraw” section.
- Select “To Bank Account”. Then confirm the already linked bank you are withdrawing to.
- Specify the currency balance or card you want to withdraw funds from.
- Choose the bank account you are withdrawing to and enter the amount you wish to withdraw.
- Also, fill in a description or reason for your withdrawal if you’d like to.
- Click on “Review” to check if all the details you entered are correct. Tap on the “Edit” button if you wish to make any changes.
- If you are satisfied, check the “I Approve This Transaction” box.
- Finally, hit the “Withdraw” button.
Subsequently, you will receive a confirmation process about your withdrawal actions. Your withdrawn funds will be made available in your bank account after 3-5 business days.
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