Payoneer now does transfers to local banks in 220 countries
Payoneer, known for their prepaid Master card, launched a new service: The Payoneer Local Bank Transfer Service allows our users to receive their payments directly to their local bank accounts in their local currencies
We transfer money to 220 countries with rates starting from $5.95.
Price varies according to the paying partner and your country. You can see your pricing and fees on the service sign up page.
You can find a list of countries and currencies here.
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