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Re: Question about fund withdrawal from Upwork (Europe, Germany).

Frequent Visitor
Anastasia N Member Since: Mar 22, 2018

Hello!

Question about fund withdrawal from Upwork (Europe, Germany).
Which currency is better for Payoneer card EUR or USD?

3 REPLIES 3
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Community Guru
Ramesh K Member Since: Oct 25, 2015

Normally Direct to Local Bank transfer exchange rates are better than Payoneer.

Frequent Visitor
Anastasia N Member Since: Mar 22, 2018

Thank you! I will keep in mind when I open an account with a local bank Smiley Happy

But I'm still interested in information about Payoneer.

Community Guru
Petra R Member Since: Aug 3, 2011

You can not use the Payoneer Euro card for Upwork withdrawals because they are in US Dollars, not in Euro, and the Payoneer Euro card can only receive payments in Euro, so for Upwork withdrawals you have to get the Dollar card.

The withdrawal from Upwork is not like the bank transfers to the Euro card.

I have both. It is not possible to withdraw to the Euro card, you'd have to set the associated "bank account" up as a "local bank transfer" withdrawal method rather than as a Payoneer withdrawal, just as I have set up my virtual US bank account as a bank withdrawal direct to US bank.

 

 

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