What are the charges for using Payoneer in Bangladesh?
Payoneer is a popular payment system in Bangladesh, especially among freelancers and small businesses. The charges for using Payoneer in Bangladesh vary depending on the type of transaction. For receiving payments from another Payoneer customer, it’s free. However, for receiving payments from customers via credit card, there’s a 3% charge. If you’re receiving payments via eCheck (USD), there’s a 1% charge. Withdrawing funds to your local bank in BDT (Bangladeshi Taka) has a 2% conversion rate above the mid-market rate. Additionally, there’s an annual maintenance fee of $29.95. Please note that these charges can change and it’s always best to check the latest fees on the Payoneer website.