Dec 21, 2020 12:53:59 PM Edited Dec 21, 2020 01:00:26 PM by Aleksandar D
Hi, I'm Muhammad **Edited for Community Guidelines** from Pakistan. I need your help! which payment withdraw method is best and cheap Direct to local bank or Payoneer?
Dec 24, 2020 08:34:14 PM by Mst Mymuna K
Hi Muhammad, I will suggest you for local bank. Maybe it's very savefuly and low cost. I hope you can understand.
Dec 25, 2020 09:26:41 AM by Muhammad S
but some freelancer says Aprox. $70 dollars will be cahrged in "direct to local bank" method.
Jan 11, 2021 11:32:12 AM by Muhammad H
Hey I am from Pakistan (Karachi).
Direct to local bank charges are $0.99 / each transaction (if you withdraw $20 or $200, same per transaction)
I have been using this since the beginning. I used SCB and Meezan.. both worked fine. Usually payment I receive payment in a couple of hours (although it says 4-5 working days)
But the currency exchange rate is poor. As of posting date today (11thJan)
$1 = 161.22 pkr (google)
$1 = 154.17pkr (upwork)
Hope this will answer your question.
I have never used Payoneer, if you or someone else have used it, kindly tell me how much difference there is in exchange rate.
Mar 4, 2021 06:44:31 AM by Sohail M
Hi Muhammad,
Thanks for elaborating it for us. I just need to know that for local bank transfer & particularly in case of Meezan Bank, do we have to notify bank about foreign remittance? What is the procedure to have this setup.
I just joined today, your feedback will help me set up my account.
Thanks.
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