The number of freelancers in Bangladesh is increasing day by day. Payoneer is one of the most popular ways to bring money home through freelancing. Money can be easily transferred to any bank in the country through Payoneer. Payoneer has partnered with various mobile banking services in Bangladesh to bring instant freelance payments to mobile banking. Although this facility was first introduced in Bikash, this time Payoneer also introduced this facility through UCB Bank’s mobile banking service. As a result, freelancers can instantly withdraw their earned money through the means.

Peoneer is also facilitating freelancers to easily open an account with Peoneer by entering into this agreement with official means. As a result, freelancers can open an account on Payoneer very quickly without providing any additional documents. The way to bring money from abroad to the country became easier through this new facility.

Additional benefits you will get

Payoneer has been a familiar name to freelancers for years. Payments can be easily accepted through Payoneer in different currencies. Payments from Payoneer were till now withdrawn through various banks. However, it took some time to withdraw Payoneer money through the bank. As a result, there was no system to get money immediately in case of an emergency. With the launch of Ways and Payoneer’s new benefits, freelancers will enjoy several additional benefits.

Now it will be possible to withdraw money through the freelancing method instantly. This service will be available 24 hours a day. That means you don’t have to worry about getting money in hand even on bank closure or any holiday.
It will be added to the account balance instantly on withdrawal. After paying only a 1% charge, you will get this money in any way from an agent or UCB Bank booth. There is no extra worry in getting the money at the lowest cost and in the fastest time.
Through this, you can get money from the payment of only 500 rupees. Earlier, only a minimum transaction of 20 dollars was required to withdraw this money from the bank. As a result, you can easily get a smaller amount of money.
No need to go to the bank to get money. This will save on travel costs and you can withdraw money at any time of the day.
As a result, Payoneer is now becoming the most reliable way to receive money.

Spending and transaction limits

There are several fees associated with withdrawing money through Payoneer. However, this fee is negligible compared to the benefits. Payoneer and Waya will charge separately for withdrawing money from Payoneer. Peoneer will charge a 2% fee for converting from other currencies to Taka. Payoneer accepts payments in about 10 currencies, including dollars, euros, etc. Payoneer charges 2% to bring this currency to rupees from Peoneer. Payoneer will automatically deduct this amount for each transaction through the channel.

There is no extra charge for taking remittances. While the general cash-out charge from agents is 1.4%, the charge for accepting remittances through Payoneer is only 1%. That is, if you cash out through an agent, you will have to multiply the 1% charge. And if you withdraw this amount directly from the UCB Bank ATM booth, the method will not charge any charges. That is, money received from Payoneer is completely free to withdraw from UCB Bank ATM.

A number of restrictions have also been imposed on money transactions through Payoneer. You can make a maximum of 5 transactions per day through Payoneer. Can be done a maximum of 30 times per month. Besides, the amount of withdrawal through any foreign currency has also been limited. You can withdraw up to $400 per day through the method. The maximum monthly transaction limit is $3000.

1% Cash Reward Offer

With the launch of this new facility, Avaya and Payoneer are offering Cash Rewards. As a result, you will get an additional 1% cashback from Payoneer. The offer will run from 23 February 2023 to 22 March 2023. During this time you can enjoy a certain amount of cash rewards.

You will get a maximum cash reward of up to 100 takas per transaction under this offer. You will get this cash reward instantly on any transaction amount. You can take the offer multiple times. However, during this campaign, you can get a cash reward of up to a total of 200 takas. You can do any amount of transaction to get a 200 taka cash reward. To be eligible for this Cash Rewards offer, withdrawals must be made from Payoneer using the Waya app. This cash reward will be added to your balance every time the money transfer is successful.

Thousands of freelancers in the country will be benefited by way and Peony bringing this facility. As a result, from now on it will be possible to easily withdraw money from abroad and save money. So if you are a freelancer you can enjoy this service by using the way app today.

By Nogor24