Money you earn on freelancing sites stays in your account on that website until you withdraw it. Earning money is the hard step , withdrawing is easy.
You can withdraw money
You can withdraw money
Directly to your account
Some websites such as UpWork and PeoplePerHour allow you to withdraw money directly to your bank account. When you withdraw money or receive money from international source you need BIC/Swift Code and International Bank Account Number(called IBAN). You can easily get these details from your bank. Call phone banking or manager of your branch to get these details. Bank transfers can take 1-5 working days. Websites have differet fees for withdrawal. This method is recommended when you are withdrawing large amount such as more than $1000.Withdraw money in Skrill account and then in your account
You need to create a free account at Skrill. They will ask your bank details and personal information and your Skrill account is ready to receive money. Some websites such as UpWork and PeoplePerHour allow withdrawals to Skrill. Then you can withdraw money in your bank account. There are some fees deducted when you withdraw. This method is recommended if no other option is available.Withdraw money in your Payoneer *Recommended*
Payoneer is an quick and easy way to get money from freelancing websites and companies from abroad. First if all you need to create and account here and keep login details at a safe place. They might ask you t provide scanned copy of ID card or passport. Payoneer allows you to order a MasterCard debit card. Your account is useless without that so go ahead and order a card. Make sure you use an address that can easily accept post as Card will be delivered using normal post. Card will be delivered in 10-15 days. One you receive card activate it. When you go to withdraw options on your freelance website, select Payoneer. Select you already have Payoneer account and login. Load money in Payoneer account. It takes 1-3 days. Immediate withdrawal costs money so select 3 days. Once money is in your Payoneer account you can either withdraw using Payoneer ATM card withdrawal to bank account. To add bank account to Payoneer, you need BIC/Swift Code and International Bank Account Number(called
IBAN). You can easily get these details from your bank. Call phone
banking or manager of your branch to get these details. Bank transfers
can take 1-5 working days. If your account is in rupees , conversion rate is decided by Payoneer so it does not matter where you have bank account. This method is cheaper than ATM withdrawal.
Another bonus is that you can use Payoneer card to make purchases at Shopping malls, Petrol pumps and online websites.
Comments
Post a Comment