can please confirm the fees you were charged when you transfered money from Upwork to your Revolut card:
1. upwork->Payoneer - $2/withdraw
2. payoneer->Revolut : 3% from your amount (when you are using the payoneer card to "top up" money to your Revolut account)?
(I am not sure if I am right about the fee on the second step)
Thank you for your time,
Hi, sorry for the late answer.
So I transfer once a month.
– I pay 2 USD to transfer from Upwork to Payoneer
– Payoneer charges a 1 USD maintainance fee (if you have min. three transactions per month, so you can split the amount you transfer to Revolut in 3)
– And nothing more. I transfer to my Revolut in USD and then do the exchange in Revolut as I spend, which is at market rate. I don't know where you get those 3 % from.
In total I pay 3 USD each month and get the best exchange rate on the market. This is saving me a lot of money in exchange rates and transfers, since the "transfer to local bank" option has such a bad exchange rate that, in my case, it costs me way more than 30 usd just in losses from bad exchange rates.
Hope this helps.
When you added Revolut as a bank account on Payoneer, what currency did you choose when they ask you to enter bank details? USD or your country's currency? Thanks in advance!
Venetia D wrote:
Also once I choose country "UK" (which is where revoluts bank is) then I
only have Euro and pound option to choose. So I will choose to add "euro".
Also any idea what Bank name I should add?
You will likely not be able to add a UK based bank account when you are in Greece. The bank account you add must be in the same country you are in. It's not possible to add one from a different country because the part of the IBAN that defines the country is fixed,
Sorry, Local Funds Transfer to this bank is not available
There was an old topic about this, thought a maybe a new one was needed to raise the issue...
On that thread it was meantioned that: it was Revolut error when it is not accepted by Upwork?
Working on other sites but not here...
It is unfortunate not to work on this site as there are some interesting jobs, but one wants to be sure to get paid as well...
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