How to Transfer Money to a Payoneer Account

Learn to access your Payoneer funds from other accounts

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Key notes

  • Payoneer is a popular financial services company.
  • You can transfer money from your Payoneer account to another Payoneer account or to your bank account.
  • Alternatively, you can also make a payment request through your Payoneer account.
payoneer how to transfer money

If you are looking for a company that provides online money transfer and digital payment services and working capital solutions, then Payoneer is a go-to solution.

This service is similar in many ways to other well-known services, such as Revolut, PayPal, or Monese.

Of course, since a major part of using Payoneer revolves around your sending and receiving money, knowing how to make transfers is a must.

As such, for those of your new to Payoneer, we’ve assembled a step-by-step guide on how to transfer money via Payoneer efficiently.

How do I transfer money from my Payoneer account?

1. Transfer money to another Payoneer account

  1. Go to the official Payoneer Website.
  2. Sign in to your Payoneer account.
  3. Hover your mouse over the Pay button.
  4. Select Make a Payment in the dropdown menu under Pay.
  5. Complete the form with your recipient’s details:
    • This includes the recipient’s email address
      • The recipient’s email address needs to be registered to a Payoneer account
    • The amount you wish to send
    • The type of transfer (purpose of the transfer)
    • Add a note
      • This is purely optional and acts as a side-note for both you and the recipient
  6. Click Make a Payment.
  7. The payment is sent to your recipient’s Payoneer account.

2. Transfer money from your Payoneer account to your bank account

1. Go to the official Payoneer Website.

2. Sign in to your Payoneer account.

3. Go to Withdraw.

4. Select To Bank Account.

5. Choose the currency balance or the card you want to withdraw funds from.

6. Enter the specific withdrawal details:

  • Choose the bank account you want to withdraw to
  • Write down the amount of money you want to withdraw

7. Click Review. You will receive a final overview of the transfer you are about to make. Read it and ensure that everything is in order.

8. If you want to make any changes to the money transfer, click on Edit. Otherwise, simply skip this step and go straight to step 9.

9. Finally, press on Withdraw.

If you have money in your Payoneer account that you want to use from your bank account, you can simply transfer them from one place to the other.

Basically, you withdraw money from your Payoneer account using your bank account. Do remember to make a last-minute check and ensure that the withdrawal details are in order before you proceed with the transfer.

3. Make a Payment Request through your Payoneer account

A Payment Request is Payoneer’s version of receiving money from an institution that owes you, similarly to an invoice.

  1. Go to the official Payoneer Website.
  2. Sign in to your Payoneer account.
  3. Go to Receive.
  4. Select Request a Payment.
  5. Complete the form with your recipient’s details:
    • This includes the individual or company’s email address
      • The individual or company needs to be registered to a Payoneer account
    • The amount you wish to send
    • The type of transfer (purpose of the transfer)
  6. Add a Payment due by date.

By following these steps you’ll know exactly how to send and receive money using Payoneer.

We hope you managed to transfer money to a Payoneer account using our guide. If you have any other Payoneer-related guides you want to ask of us, do not hesitate to do so in the comments section below.

More about the topics: Payoneer