Payoneer is so far the best alternative to Paypal in Pakistan. After seeing a massive response from Pakistani users, Payoneer has decided to expand its services in Pakistan. The recent move was to allow Pakistani users to withdraw their funds to local banks in Pakistan. Before this, Payoneer master card holders could only withdraw money from selected ATMs in Pakistan. However, the bank withdrawal is still limited to $200 per withdrawal and basically it’s a Wire Transfer to Pakistan. If you don’t have a Payoneer card yet then click here to get one with $25 bonus, or click image on right side to order a card and get $25 free.
The Withdrawal service allows you to withdraw funds from your Payoneer account to your local bank account. To add your bank details to your Payoneer account, please follow the steps:
- Log in to your Payoneer account
- Go to the Withdraw menu and select To Bank Account
3.Click on Add New
NOw enter bank and account details then verify Security details to continue.
Add your correct bank account details in the above form, don’t make mistakes as that can lead your bank account to be disapproved by Payoneer, or you may not receive the money.
You will receive an email notification when your new bank details for withdrawal are approved.
It must be noted that Payoneer currently doesn’t support Pakistani Rupee as a currency, which means your local bank in Pakistan will charge 3.5% currency exchange fee out of these funds as well.