What are the fees for sending money through Payoneer?

Payoneer is a popular platform for sending and receiving money across different countries. The fees for sending money through Payoneer can vary depending on several factors. If you’re sending money to another Payoneer account, it’s usually free. However, if you’re transferring money from your Payoneer account to a bank account, you might be charged a fee of up to 2% above the market rate for currency conversion. Additionally, there’s a $1.50 charge for transfers within the same currency. It’s always a good idea to check the specific fees for your transaction on the Payoneer website or contact their customer service for detailed information.