Very low exchange rate.

[iasghar05]

Today's (09 Jan-2021) inter bank rate 1 USD = 160.59 PKR. 

And Upwork is offering 154.1600 for today.

Upwork is charging service fee and withdraw fee separately, then why this?

In 2020 they were giving 4 PKR less than actual rate and now increased difference to 6.43.

That means if I withdraw 1000 USD then I will lose my hard earned 6430 PKR (40 USD)  without any reason even after paying Upwork's comission and withdraw fee?

Please take some not on this and decrease this difference.

[AleksandarD]

Hi Ismail,

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.