You may setup your payment method in the Get Paid section of your User Settings. Click on "Add a Payment Method" and click the setup button for the "Local Funds Transfer". Type-in the BRSTN code of your bank account (you may check for your local bank's code here), and enter your bank account details.
Make sure to type-in all the information correctly. Remember, your bank account name and the name of your Upwork account must match.
I've included here some articles that may help you setup your payment method
Leal Daniel P wrote:
So sad. The reply above was from Upwork, right?
No, it wasn't.
You can ONLY withdraw to a US Dollar account if you use wire transfer, and that costs $ 30 - it is worth it if you withdraw over $ 800 (ish) at a time. You can't do local funds transfer because that is, as the name suggests, done in "local funds" ie your own currency. If you withdrew to a US Dollar account it would either not go through at all, or get exchanged from local currency into US Dollars which would be insane as you would lose out twice in exchange rate losses, once when Upwork's bank changes the Dollars into local currency, and once more when the receiving back chages it back into US Dollars.
You will still be able to set it up. Regardless of whether or not it is a dollar, or Philippine-peso account, the BRSTN code of the bank is the same, and will still apply.
I hope that clarifies things. Let me know if you have further questions!
If I have a dollar account in a local bank here in the Philippines, whenever I transfer from Upwork to my dollar account, will I be receiving it directly in USD or will it be converted to PHP first and my local bank will convert it to USD?
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