What are the fees for sending money through Payoneer?

Payoneer’s fee structure is quite straightforward. For receiving payments from another Payoneer customer, it’s absolutely free. However, if you’re receiving payments from clients or businesses, the fees can range from 1% to 3% depending on the source of the payment. For sending payments, it’s free if you’re sending to another Payoneer customer. But if you’re making a payment to a non-Payoneer bank account, there might be a fee of up to 2% above the mid-market rate. It’s always advisable to check the exact fees on the Payoneer’s website as they may vary based on the country and the type of transaction.