Why Payoneer Is Popular Among Freelancers
Payoneer is one of the most trusted global payment platforms for freelancers, remote workers, and online businesses. It allows users to receive international payments from platforms like Fiverr, Upwork, Amazon, and others directly into their Payoneer account.How to Withdraw Money from Payoneer to Pakistani Bank Account .
For Pakistani freelancers, Payoneer is especially useful because it connects seamlessly with local bank accounts, enabling easy withdrawals in PKR.
Key benefits of Payoneer include:
- Fast international transfers
- Low currency conversion fees
- 24/7 access to funds
- Multi-currency support (USD, GBP, EUR, etc.)
Supported Pakistani Banks for Payoneer Withdrawals
Payoneer supports almost all major banks in Pakistan for local withdrawals. Here are the top banks compatible with Payoneer:
- Habib Bank Limited (HBL)
- United Bank Limited (UBL)
- Allied Bank Limited (ABL)
- Meezan Bank
- Bank Alfalah
- MCB Bank
- Faysal Bank
- Standard Chartered Bank
💡 Tip: Always ensure your bank account is active and under your own name (matching your Payoneer account name) to avoid withdrawal failures.
Step-by-Step Process to Transfer Funds
Follow these simple steps to withdraw money from your Payoneer account to your Pakistani bank:
- Log in to your Payoneer account at payoneer.com.
- Go to “Withdraw” → “To Bank Account.”
- Select your linked Pakistani bank account.
- Enter the amount you want to transfer.
- Review the conversion rate and fees.
- Click “Withdraw” to confirm the transfer.
- Wait for Payoneer’s confirmation email indicating the transaction is processed.
💸 Typically, funds arrive in your local bank within 2 to 4 business days.
Fees, Limits, and Processing Time
Here’s what you should know about Payoneer withdrawal charges and timing in Pakistan:
| Detail | Information (2025) |
|---|---|
| Minimum Withdrawal | $50 |
| Currency Conversion Fee | 2% above mid-market rate |
| Processing Time | 2–4 business days |
| Receiving Currency | PKR |
| Maximum Withdrawal (per day) | Depends on your account type |
⚠️ Note: Some banks may charge a small incoming remittance fee depending on your account type.
Common Errors and How to Avoid Them
Many users face delays or failed transactions due to incorrect details. Here’s how to avoid them:
- Ensure your bank name and Payoneer name match.
- Use correct IBAN and SWIFT/BIC codes.
- Do not use joint or business accounts for personal Payoneer profiles.
- Verify your Payoneer account before initiating withdrawals.
- Avoid withdrawing on weekends or public holidays.
FAQ Section
Q1: Which banks are best for Payoneer withdrawals?
A1: HBL, Meezan Bank, and Bank Alfalah are considered the most reliable for fast Payoneer withdrawals in Pakistan.
Q2: How long does Payoneer transfer take?
A2: Usually, it takes 2 to 4 business days for the funds to appear in your Pakistani bank account, depending on your bank’s processing time.
Q3: Can I receive USD payments directly in Pakistan?
A3: No, Payoneer automatically converts your USD funds into PKR before transferring to your local bank account.
