How to transfer money from Payoneer to TransferWise

In this article, I have told Transfer Money from Payoneer to TransferWise account. I have told three methods to transfer money from Payoneer to wise. Hopefully, this is work for you. Most people want to transfer money from Payoneer to TransferWise But they are a little bit confused about how to set it up So if you want to know how it works stay with us we will provide you with all the complete information.

Payoneer to Wise transfer

In this article, we will guide you on how to add wise to your Payoneer account and then send money from
Payoneer to your wise account. The process is very simple and straight forward and this article will
be very helpful for you.

Introduction TransferWise

Wise is a London-based financial technology company That was established in 2011 by Kristo
Kaarmann and Taavet Hinrikus in London, England. Wise is a money transfer service that allows Businesses and freelancers to send money abroad without hidden charges. As we know, Banks add a markup to their exchange rate while
advertising low fees, which means you have to pay huge hidden charges.

Now people can easily move and manage international money with wise.TransferWise works
by connecting users to a network of local bank accounts in different countries.
It is a great choice for anyone who wants to send money abroad because the company’s platform
is fast, secure, and cost-effective. People can send money abroad quickly and securely.

Payoneer to Wise transfer time

1% transaction fee when clients pay you using Payoneer to wise the USA inside the bank. if you send money wise outside the USA bank then the fee charges 3%.

Note: Additional bank processing fees, landing fees, or intermediary fees may be deducted from the Amount Transferred by your bank or any other payment provider enabling the transfer.

Payoneer to Wise transfer time

The funds will be deposited in your bank account in 1 day. Withdrawals requested late in the day or outside business hours typically arrive in 2 days. (In certain cases, a transaction may take longer than estimated. If you experience a delay of more than 5 days, contact Payoneer spurt.

Introduction Payoneer

Payoneer is a secure and reliable payment platform. People can use Payoneer to receive
payments from companies outside of Pakistan. If you’re a freelancer and blogger, then
Payoneer is a great way. It is a secure and convenient way to send and receive money
internationally.

How to add a wise account in Payoneer?

1. Add your wise account just like a regular bank account to your Payoneer.
2. Log in to your Payoneer account.
3. Click on the banks and cards option on the left side panel.
4. Select the bank account for the withdrawal.
5. Click on add bank accounts.
6. Now here you will use your wise account. You have to add USD details .it is very
important that they match so the transaction will go smoothly.
7. If you have a wise personal account then select personal as the bank account type.
8. Then for bank county select the united states of America.
9. USD for bank account currency.
10. click on other option to select the bank name and select the type transfer wise
11. Here put your wise account holder name such as account number routing number
12. Select checking account
13. Click the box confirming the details above and click on the next button
14. You will enter your Payoneer detail such as date of birth and Payoneer password
15. Click on add bank account option.
16. The account approval usually takes up to 30 minutes
17. You will receive an email from Payoneer that the bank account is on the review
18. After a few minutes it will be confirmed.

How To Transfer Money From Payoneer To Wise

Transferring money from Payoneer to Transferwise is a simple and secure process. This
step-by-step guide will help you complete the transfer quickly and easily. You have to follow
some steps.

Step 1: Log in to your Payoneer account.
Step 2: Select the “Transfer” tab and then click on the “Send Money” button.
Step 3: Enter the amount you want to transfer and select “Transferwise” as the recipient.
Step 4: Enter the Transferwise account details, such as the recipient’s name, email address, and
bank account information.
Step 5: Review the details of the transfer and click the “Continue” button
Step 6: Enter your Payoneer account password to confirm the transfer.
Step 7: You will receive a confirmation email from Payoneer once the transfer is complete.
Step 8: Log in to your Transferwise account to view the funds.
Congratulations You have successfully transferred money from Payoneer to Transferwise.

Also Read How to Link Payoneer with JazzCash

How to withdraw funds?

Withdraw Payoneer funds to the wise account Here are some steps

1. Go to withdraw and transfer option
2. Click on withdraw to bank
3. enter the withdrawal details You will select the USD balance option
4. The minimum amount you can withdraw is 25 dollar
5. If you withdraw 10 dollars then a 2 percent amount will be charged on 10 dollars for
example 10.20 dollars
6. Click on the review button
7. Click on withdraw option
8. Complete the verification process from Payoneer to authorize the withdraw
9. Lastly, you will receive an email from Payoneer
Important suggestions:
Please keep in mind some important things
1. Payoneer and Transferwise both have transfer limits. You have to check transfer limits
before you transfer money.
2. it’s important to monitor Exchange Rates because Exchange rates can fluctuate.
3. Choose the Right Transfer Method because there are several transfer methods
including bank transfers, debit cards, and credit cards. Choose the one that best suits
your needs and budget.

Note :
If you have any queries or need help, you can contact Payoneer or Transferwise customer
service.

Conclusion:

Payoneer and TransferWise are great options for both businesses and freelancers who want to
send and receive money from abroad. It is a secure, fast, and cost-effective way and it offers a
range of features that make it easier to manage international payments. Especially For
freelancers, TransferWise and Payoneer are convenient and cost-effective ways to send and
receive money from abroad.No doubt, transferring money from Payoneer to Wise is a simple and
secure process.