Don’t see Withdraw option available in Payoneer [Help]

SeedPhrase · Sep 29, 2020

i want to Withdraw money from Payoneer to my local bank (India) but I don't see the withdraw option there,
i watched a few videos on youtube they have the option but i don't have...
my account is completely verified.
What could be the reason guys?? has anyone faced such issue??

FlipDime · Sep 29, 2020

In India, the amount is automatically deposited to your bank account within 24 hours. Due to RBI rules, Payoneer isn't allowed to hold the money in their wallet (which is possible for other countries)

And that's why you don't get the option for withdrawal (as that's the default)

So, you'll have to wait for Payoneer to release the funds automatically which will be deposited to your bank account in 24-72 hours. Gets faster as you start using it more.

SeedPhrase · Sep 29, 2020

FlipDime said:
In India, the amount is automatically deposited to your bank account within 24 hours. Due to RBI rules, Payoneer isn't allowed to hold the money in their wallet (which is possible for other countries)

And that's why you don't get the option for withdrawal (as that's the default)

So, you'll have to wait for Payoneer to release the funds automatically which will be deposited to your bank account in 24-72 hours. Gets faster as you start using it more.

Thanks for the helpful word mate...
I didn't know this rule, could you please link a reference.

indianmojojojo · Sep 29, 2020

It automatically gets credited to the registered bank. I had recent payout come in but takes more than 24hours.

Heiko · Sep 29, 2020

Thread locked (OP Request)

Don’t see Withdraw option available in Payoneer [Help]

SeedPhrase

Elite Member

FlipDime

Regular Member

SeedPhrase

Elite Member

indianmojojojo

Elite Member

Heiko

Super Moderator

Main Menu

Marketplace

Making Money

BlackHatWorld

Other