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Best way to withdraw money in India

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Community Guru
Ramesh K Member Since: Oct 25, 2015
41 of 52
How long it will take while you withdraw funds using LFT in upwork and Payoneer transfer?

Paypal I am getting in one or two working days maximum.
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Community Guru
Ashish K Member Since: Mar 1, 2016
42 of 52

LFT takes 2 days at the least. So, wednesday deposit if requested on Monday.

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Community Guru
Ramesh K Member Since: Oct 25, 2015
43 of 52
Thanks!
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Active Member
Sayon S Member Since: Mar 22, 2016
44 of 52
Thank you for your suggestion, I will try Payoneer. However to keep another option as PayPal, do you have any idea how can I stop getting that 4.4% charge from PayPal? I got this charge when I withdrew my 1st upwork earnings.

I had earlier used PayPal with Elance but never got this charge and I never changed my PayPal account settings.

Thanks again for all helpful tips and suggestions.

Sayon
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Active Member
Dnyaneshwar G Member Since: Oct 21, 2015
45 of 52

Hi Sayon,

I will suggest you to use Payoneer and Local Fund Transfer. PayPal not seems good payment option for Upwork. I don't think you can skip PayPal charges.

 

Lets try Payoneer first for experience.

Thanks & Regards,
Dnyaneshwar Ganage
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Active Member
Sayon S Member Since: Mar 22, 2016
46 of 52

Hi once again,

 

Do I need to select the currency as INR or USD? And is it ok to use Savings Account?

 

waiting for your reply.

 

Thanks,

Sayon

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Moderator
Vladimir G Moderator Member Since: Oct 31, 2014
47 of 52

Hi Sayon,

 

It's your decision whether you want to receive your funds in dollars or your local currency. Please consult your bank about possible incoming fees and the account type you need to use.

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Active Member
Upama G Member Since: Jan 21, 2017
48 of 52

 

How do I withdraw money using Payoneer and Local Fund Transfer? Please mention the steps.

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Moderator
Vladimir G Moderator Member Since: Oct 31, 2014
49 of 52

Hi Upama,

 

Would you like to get more details about these two withdrawal options, which you can do by checking the Help article I lined in most earlier post, or to use Payoneer and eventually withdraw your funds to your bank account? Note that the Local Fund Transfer is now called Direct to Local Bank. We've also received confirmation in the Community that it's a more affordable method than withdrawing your funds to your bank account by going through PayPal or Payoneer first.

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Active Member
Sayon S Member Since: Mar 22, 2016
50 of 52
Ok, thank you for quick response. I'll go with Payoneer. However if you get any solution for PayPal, please let me know just for 2nd option.

Thanks
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