Hello, I have a question please. Does your Payoneer billing address is one from the USA? Because If you register yourself from a country different than the USA you will still get the 3% fee per withdrawal even if your bank account is from the USA and your balance is in USD
Registration Country Impact: If you register your Payoneer account from a country outside the USA, Payoneer considers your account as non-US, even if you later link a US bank account. This designation often determines the fee structure. 3% Withdrawal Fee: Payoneer applies a 3% fee for currency conversion when withdrawing funds to a bank account in a currency different from your Payoneer balance. If your balance is in USD and you withdraw to a US-based bank account, there is no currency conversion. However, Payoneer may still charge a processing fee depending on your account settings. Billing Address vs. Registration Address: The billing address does not influence the fee structure. Your registration country determines your account's fee structure and conditions. Lowering Fees: Some users in your situation may opt for the Payoneer Global Payment Service (receiving accounts in USD, EUR, etc.) and manage currency conversions or withdrawals to minimize fees.
Payoneer typically charges a fee for converting currencies when you receive payments in a currency different from your account's base currency. This fee is often a fixed percentage, commonly around 3%.
@@khanpediakp1155 yeah that’s the issue, I’m sending from USD to USD and I think my account’s base currency is USD (how can I confirm that?). Unless you’re based in the US! Thanks.
Can i send usd to my wise gbp account ? I dont want to use payoneer conversion becuase of below market exchange rates. Instead i will use wise exchange rates
@@khanpediakp1155 how can i send usd from my payoneer to my gbp wise account and keep it as usd ? As currently i am on waiting list for usd wise account.
When you open a wise App. there will be a option open a currency if there is USD, open the new currency then open on it and you will get details about USD.
Hello, I have a question please. Does your Payoneer billing address is one from the USA? Because If you register yourself from a country different than the USA you will still get the 3% fee per withdrawal even if your bank account is from the USA and your balance is in USD
Registration Country Impact:
If you register your Payoneer account from a country outside the USA, Payoneer considers your account as non-US, even if you later link a US bank account.
This designation often determines the fee structure.
3% Withdrawal Fee:
Payoneer applies a 3% fee for currency conversion when withdrawing funds to a bank account in a currency different from your Payoneer balance.
If your balance is in USD and you withdraw to a US-based bank account, there is no currency conversion. However, Payoneer may still charge a processing fee depending on your account settings.
Billing Address vs. Registration Address:
The billing address does not influence the fee structure.
Your registration country determines your account's fee structure and conditions.
Lowering Fees:
Some users in your situation may opt for the Payoneer Global Payment Service (receiving accounts in USD, EUR, etc.) and manage currency conversions or withdrawals to minimize fees.
@@khanpediakp1155 Thank you!!
Do you have any idea why for me the fee is always 3% as it seems fixed in your case?
Payoneer typically charges a fee for converting currencies when you receive payments in a currency different from your account's base currency. This fee is often a fixed percentage, commonly around 3%.
@@khanpediakp1155 yeah that’s the issue, I’m sending from USD to USD and I think my account’s base currency is USD (how can I confirm that?). Unless you’re based in the US! Thanks.
In my case, it asks for iban number instead of account no. When i add iban no, it says iban not 24 characters
Dear, Recheck it again may there be some mistake.
How long does it take before it relects into my wise account
Dear, It takes 1 to 3 business days.
Its saying your information is incorrect
Dear, please try to put the correct information. I hope it will work for you.
@@khanpediakp1155 I've tried many times, but it still says that one or more pieces of information are incorrect.
Can i send usd to my wise gbp account ? I dont want to use payoneer conversion becuase of below market exchange rates. Instead i will use wise exchange rates
Yes you can send it, but maybe there will be some charges for it.
@@khanpediakp1155 how can i send usd from my payoneer to my gbp wise account and keep it as usd ? As currently i am on waiting list for usd wise account.
How do get wise personal account USD details?
When you open a wise App. there will be a option open a currency if there is USD, open the new currency then open on it and you will get details about USD.
There is currently a waitlist for USD wise accounts for customers who live outside the USA