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kamran_developer
Community Member

Upwork Bank Transfer SCAM With a Proof Eaten Billions of Freelancer's Money

What Upwork has to say about this?

 

Their Exchange rate is lieing on openly.

3 Sep Upwork 1 USD = 149.21 PKR Ruppees

3 Sep Everywhere in the World 1 USD = 156.75 PKR Ruppees

 

4 Days ago Everywhere 1 USD Rate was 158 PKR and Upwork 148 or 149 i am viewing this for about a year and what Upwork shows exactly at that rate i have received all my payments so upwork can not say that this is wrong display of exchange rate but it was sent on real rate. Don't Lie i can show bank statment too.

6 REPLIES 6
g_vasilevski
Retired Team Member
Retired Team Member

Hi Muhammad,

 

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.

~ Goran
Upwork

Why is this big rate difference?

 

And Is there an option to transfer USD direct in a USD Bank Account in Pakistan direct from upwork instead of converting to local currency?


Muhammad Kamran K wrote:

Why is this big rate difference?


Because banks are not charities and buy and sell currency at a profit, the same as supermarkets do not sell goods at the same price they buy them at.

You have quite a nerve to accuse the platform of being a scam on a public forum, be grateful if they don't come after you for libel or kick you off the site.

 


Muhammad Kamran K wrote:

And Is there an option to transfer USD direct in a USD Bank Account in Pakistan direct from upwork instead of converting to local currency?


Yes, wire transfer at $ 30 (because banks are not charities and don't work for free)

Tolerating negative remarks and giving satisfactory answers is the best solution instead of kicking off someone. This will show that the realness and if kicking off then it will show that there is something realy wrong.

When we transfer money to payoneer and transfer to local bank via it, then why payoneer does not do business and deduct a huge rate from currency exchange if the currency exchange rate is 158 then they give 158 too but on the second line the direct transfer from upwork never gives a closer rate there is very big difference everytime and this is not first complaint there are other users too on the community form that have shown this issue. and other issues too, but they are never told to be kicked of the platform.

 

this is not an accusation on upwork but the transfer service they have given to a company or bank or money exchanger is doing but what ever they do wrong it is behind the label of upwork.


Muhammad Kamran K wrote:

When we transfer money to payoneer and transfer to local bank via it, then why payoneer does not do business and deduct a huge rate


Use Payoneer then.

Problem solved.

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