I don't know about Philippines, but at least for me when I withdraw the fee is only 0.9US. It used to be $30 some years ago, but luckily they have changed the provider or something. Earlier I used Payoneer. That is cheaper than $30 was, but still a bit expensive – but they deposit in USD, which is good for the cash.
I sincerely hope that the withdrawal methods develop, since many peole, including me, are loosing huge amounts because we need to withdraw using wire, debit card or just the heavy local ATM charges for foreign currency withdrawals. I think the lower charges for local bank deposit is a good way to go, but seriously, you need to get rid of that $30 fee. That is what some old banks charge – it does not make sense for small transfers like these most people have here.
Have a good day.
@Mary Mae M wrote:
Is there any other way to receive it in dollar? How about withdrawing it from Upwork to Paypal? Will it be received as USD in my Paypal account?
Yes, you can receive USD in your Paypal account, at least it is the case for me. However, if you would like to transfer money from your Paypal account to your bank account, the funds would also be converted to your local currency.
Hi, I would like to ask if you have tried transferring your earnings from Upwork to your USD Account in the Philippines (Wire Transfer). If so, how much did it cost you? Thank you!
I'm from Sri Lanka. We don't have paypal in our country. So I made a foreign currency account for USD. I want to know in which payment method shall I save my new account details to tranfer money in USD. Thank you.
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