It is best for tranfering money under 1000$ otherwise go for the 30$ payment method. Wire Transfer (USD).
There are two ways for Pakistan. 1st is Payoneer which pays latest updated dollar to pkr rate but upwork charges 2$ and each ATM or POS transaction is 1$ each. 2nd option is direct bank transfer which pays less $ to PKR rate but there is only 0.99$ charges at upwork withdrawal.
Mezaan bank does the job best. In real both are same in sense of chages until unless you have withdrawal amount in thousands of $. For lesser amounts Direct bank transfer is best.
hi, I am using local bank transfer method, but unable to understand how to upwork is using exchange rate can you help me understand it? I have done some research on internet but there is no authentic information anywhere.
The difference in exchange rates is not something Upwork can control. When a bank converts a transaction, they will mark up the interbank rate to buy or sell a currency. Online calculators will not take into consideration the mark up that is applied. Since rates constantly change throughout any given day, the rate you received is the rate offered by our bank at the time your specific transaction was processed. Thank you.