New Payoneer feature for 8 countries: Local Bank Transfer Service!

Payoneer has announced a new Local Bank Tranfer service for 8 countries! The Payoneer Local Bank Transfer Service allows their users to receive their payments directly to their local bank accounts in their local currencies at a very competitive fee. 

Currently this service is supported in Romania (RON and EUR), Hungary (HUF and EUR), Czech Republic (EUR), Canada (CAD) and Spain (EUR). Malaysia (MYR) and South Africa (ZAR) will follow shortly. In addition India is open for USD transfers. 

Payoneer will constantly add more countries to this service over time.



How do I sign up?
To sign up your existing Payoneer card for this service, contact Payoneer customer service at: http://www.payoneer.com/contactUs.aspx

Local bank transfers service benefits

• Faster than wire transfers and checks
• Funds are loaded directly to your local bank account in your local currency
• Cheaper than wires
• One time setup of account details
• No maintenance fees

Pricing
The price per transfer is $10.95 or $14.95 depending on the bank account country* ($5 vworker payment fee + $5.95 or $9.95 Payoneer fee). Minimum transfer amount is $50. Any smaller payments will be aggregated and once the total reaches the threshold of $50, the funds will be transferred to your bank account.
For more information or any questions, contact Payoneer support at: http://www.payoneer.com/contactUs.aspx

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