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Which Bank in Pakistan is linked to upwork

Frequent Visitor
Adeel I Member Since: Apr 12, 2017

A.O.A.

 

I am a newbie freelancer on upwork.

I have earned some and I want to withdraw it.

Can anybody tell which is the best method for withdrawing money in Pakistan?

Local Bank transfer or Payoneer?

If local Bank transfer is best then please tell me which bank is best HBL or UBL and what is the exchange rate?

please guide me.

 

Thanks

Adeel

Community Guru
Maryam N Member Since: Sep 4, 2016

@Adeel I wrote:

A.O.A.

 

I am a newbie freelancer on upwork.

I have earned some and I want to withdraw it.

Can anybody tell which is the best method for withdrawing money in Pakistan?

Local Bank transfer or Payoneer?

If local Bank transfer is best then please tell me which bank is best HBL or UBL and what is the exchange rate?

please guide me.

 

Thanks

Adeel


Hi- I use Payoneer only If I need to make an online payment. Otherwise the Local bank works perfectly well. The Upwork rates for the local bank are 1$ (0.9) and I use HBL so usually I get amount within the same business day. 

 

Frequent Visitor
Adeel I Member Since: Apr 12, 2017

Hi Maryam,

thanks for guiding

Frequent Visitor
Ali A Member Since: Apr 8, 2017

Hi Maryam!
I'm a little new to banking system. So it would be great if you help answer my small question. I would like to know which type of account of HBL are you using right now to withdraw funds from Upwork?

Active Member
Mohsin Sharif Q Member Since: Dec 25, 2016

Hello everyone!

First of all no bank in Pakistan is directly connected with upwork, there are two options for withdrawal:

 

  1. Direct to bank
  2. Payoneer option

 

You need to add your bank into upwork payment options, where they required some information like swift code, IBAN or Account number then take 3 days to verify your bank. After verification your account connected with the upwork global payment system. When you withdrawal amount, the payment sent to upwork payment processor which processed the amount via international payment system which connect to your bank in Pakistan.

Now, some banks in Pakistan received amount in 1-3 working days and some banks in 1-3 hours. I have Bank Alhabib so I get funds within 1-3 hours. But there is no issue if you get in 1-3 days because its varies on the terms of your bank with the international system.

If anyone here worried about his/her payments, he must need to know that in upwork you never lose your single penny, so keep working Smiley Happy
Thanks

 

Frequent Visitor
Adeel I Member Since: Apr 12, 2017
Hi Ali.
You can use any type of Hbl Acount.
I am using Conventional current account.

Thanks
Adeel
Frequent Visitor
Ali A Member Since: Apr 8, 2017

Hi Adeel!
Thank you so much for your kind reply. Do you pay any additional tax on it since the funds are being sent from a foreign source; you know the kind of tax they have on remittance etc.

Community Leader
Muhammad U Member Since: Apr 6, 2016

My HBL Islamabad bank is not supported over upwork..I would try and use standard chartered .

 

Not sure, why HBL is not supported over upwork.

 

Thanks.

Ace Contributor
Fahad S Member Since: Aug 31, 2013

My payment is also rejected. My bank is HBL. But another freelancer said his bank (askari) also rejected the payment because they say the state bank has changed the policy

Moderator
Vladimir G Moderator Member Since: Oct 31, 2014

Hi Fahad,

 

Please contact your bank and a few alternatives other users shared on this thread, to confirm which can be used for receiving withdrawals from your Upwork account. Do follow up afterwards and share an update on this thread.

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