15.11.14

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How to Withdraw Payoneer Funds into Your Local Bank Account

If you have a functioning Payoneer Account with some money in it and you want to withdraw it into your Local Bank Account as against the ATM, you can now do it easily.
When your account has been approved, you can withdraw into your local bank account anytime you want.

The least amount you can withdraw is $200 and the Maximum is $10,000 at any time.
www.jindublog.com
Steps

1. Log in into Payoneer account and click on “withdraw”. (You should make sure you have “approved” in your account.

2. Add amount you want to withdraw in dollars but without the dollar sign.

3. In “withdrawal description”, add anything like “withdraw to my local account” or anything of that nature.

4. The amount should be withdrawn almost immediately and you should get a message in your email to confirm. (It takes 3 days for you to get your money in your account)

Withdrawal charge is about 1.5% of the amount at the rate of N170 per Dollar.

This is not bad as compared with ATM withdrawal which could be anything between N150 to 158 per Dollar

Now as a Nigerian finding it difficult to venture in to online Business because of problem of payment gateway, there is no more excuses, if Nigerians can be making money from sites like Fiverr without initial capital, you too can do the same. Just follow the steps outlined above and you will be fine.

CONTINUE How to Withdraw Your PayPal Funds into Your Local Bank Account

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2 comments

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Tony
AUTHOR
24 November 2014 at 14:16 delete

Hi, thanks for the great information. Which of the local
banks is working with this method.

Do I need a dom account to make this work?

Thanks

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cpacrsherr
AUTHOR
24 November 2014 at 16:23 delete

You dont need a dom account and you have the option to add the bank you use.

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