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Tips and Tricks

How to Recieve Money Via Wire or Bank Transfer in Pakistan

Paypal is something, but it’s not everything. There are many international payment options out there for Pakistani users. If you ever wanted to get a payment from an online company then you can use several options to receive your payments.

Wire Transfer?

bank transfer or credit transfer is a method of electronic funds transfer from one person or entity to another. A wire transfer can be made from one bank account to another bank account or through a transfer of cash at a cash office.

How It works?

In order to recieve money via bank tranfer, you need to provide IBAN (International Bank Account Number), SWIFT Code and other details such as Bank Name, Address etc.You can find these details easliy If you use online banking.IF not you can ask your Bank Manager.Provide the exact details of your account, because any small mistake can create delays in processing.

Payoneer

You also use your payoneer bank account in order to recieve money via bank transfer.There are some companies who only supports USA Bank Account, So payoneer is the right choice.

How Much it Cost?

It depends on companies you work with.Some of USA companies offer free wire transfer.When you select payout method, the payout charges will shown on your account.