How much does Payoneer charge
Payoneer's charges are based on the type of transaction. For receiving payments, it's usually free from another Payoneer customer, but local receiving accounts and credit card payments carry a 1% and 3% to 3.20% + $0.49 fee respectively. If you're withdrawing funds or converting currencies, fees can range from a $1.50 flat fee for same-currency withdrawals to up to 2% above the mid-market exchange rate for cross-currency withdrawals. There's an annual account maintenance fee of $29.95, which is waived if you receive a certain amount within a year. Additionally, ATM withdrawals come with a $3.15 per transaction fee, plus up to 3.5% if foreign currency conversion is needed.