best withdrawal method

[37d9b214]

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?

[mymunakhatun94]

Hi Muhammad, I will suggest you for local bank. Maybe it's very savefuly and low cost. I hope you can understand. 

[37d9b214]

but some freelancer says  Aprox. $70 dollars will be cahrged in "direct to local bank" method.

[mharisa]

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.

[sohail_85]

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.