Last Updated: January 14, 2026
TL;DR (Quick Summary)
This guide covers everything you need to know about how to withdraw money from payoneer in pakistan. Includes practical steps and tips for Pakistani freelancers.
How to Withdraw Money from Payoneer in Pakistan
Payment Methods Comparison for Pakistani Freelancers
| Method | Withdrawal Fee | Transfer Time | PKR Support | Rating |
|---|---|---|---|---|
| Payoneer | 1% | 1-2 days | Yes | Best Overall |
| Wise | 0.5-1% | 1-3 days | Limited | Best Rates |
| Bank Wire | $25-50 | 3-5 days | Yes | Large Amounts |
| Western Union | $10-20 | Minutes | Cash | Urgent Only |
The Basics of Payoneer Withdrawals in Pakistan
Let’s break down the essential information regarding Payoneer withdrawals for Pakistani freelancers.Minimum Withdrawal Amount
One of the first things I needed to know was the minimum withdrawal limit. As per my experience, Payoneer has a minimum withdrawal threshold of **$50**. This means I need to have at least this amount in my Payoneer account before I can initiate a withdrawal. In Pakistani Rupees (PKR), that translates to roughly **PKR 14,000**, depending on the current exchange rate. Here’s a quick reference for the minimum withdrawal amounts:- Payoneer Minimum Withdrawal: **$50** (around **PKR 14,000**)
- Payoneer Withdrawal Fee: Approximately **2%** of the amount
Getting Your Payoneer Card in Pakistan
Having a Payoneer Mastercard can significantly ease the withdrawal process. I remember applying for my Payoneer card online, and it arrived at my doorstep within **3-4 weeks**. Having the card allows you to withdraw cash directly from ATMs across Pakistan, including major banks like HBL, MCB, and UBL. To get your Payoneer card, follow these steps:- Create a Payoneer account if you don’t already have one.
- Verify your account by submitting required documents.
- Request a Payoneer Mastercard from your account dashboard.
- Wait for the card to arrive, usually within **3-4 weeks**.
Using the Payoneer Card at ATMs
Once you have your Payoneer card, withdrawing cash is straightforward. I often use ATMs from banks like HBL and MCB, as they tend to have lower transaction fees. Here’s how it typically works: 1. Insert your Payoneer Mastercard into the ATM. 2. Select the language and enter your PIN. 3. Choose the withdrawal amount (keeping in mind the minimum $50 requirement). 4. Complete the transaction. I usually withdraw **PKR 10,000** (which is about **$35**) at a time, ensuring I keep my Payoneer balance above the minimum withdrawal threshold.Understanding the Withdrawal Process
Withdrawing money from Payoneer can be done in various ways, but I’ll focus on the two most common methods: ATM withdrawals and bank transfers.1. ATM Withdrawals
As I mentioned, using the Payoneer card at an ATM is one of the easiest methods. However, be mindful of the fees! - **Transaction Fee:** Payoneer charges about **2%** for ATM withdrawals. - **ATM Fees:** Banks may charge additional fees, usually around **PKR 200-500**.2. Bank Transfers
Another option is transferring funds directly from your Payoneer account to your local bank account. I often prefer this method when I need larger amounts. Here’s how to do it: 1. Log in to your Payoneer account. 2. Go to the "Withdraw" section and select "To Bank Account." 3. Enter the amount you wish to withdraw (minimum $50). 4. Confirm the transaction. The typical processing time for bank transfers is **3-5 business days**. I usually see the funds reflected in my local account with HBL, MCB, or UBL without any issues.My Experience with Payoneer
When I first started using Payoneer, I faced my share of challenges. I remember the anxiety of waiting for my card to arrive, and there were moments when I contemplated using alternative methods. However, after receiving my card and realizing its benefits, I felt much more secure in my transactions. One of my most memorable experiences was when I completed a project for a client in the USA and received $1,500 through Payoneer. I remember the thrill of withdrawing that money from an HBL ATM and feeling a sense of accomplishment. With the exchange rate, I ended up with around **PKR 425,000**! This moment solidified my faith in freelancing and the financial freedom it can bring.Practical Tips for Using Payoneer in Pakistan
To make the most out of your Payoneer experience, here are some practical tips:- Stay Updated on Exchange Rates: Keep an eye on the USD to PKR exchange rates to maximize your withdrawals.
- Use Local ATMs: Opt for ATMs affiliated with banks like HBL, MCB, or UBL for lower transaction fees.
- Keep Your Balance Above Minimum: Always maintain a balance above $50 to avoid issues with withdrawals.
- Prioritize Security: Use strong passwords and enable two-factor authentication for your Payoneer account.
- Consider Tax Implications: If you are PSEB registered, be mindful of FBR tax regulations when withdrawing large amounts.
Next Steps for Aspiring Freelancers
If you are just starting your freelancing journey or are considering using Payoneer, here are some next steps you can take: 1. **Create a Payoneer Account:** If you haven't already, head over to Payoneer's website and sign up. 2. **Apply for Your Payoneer Card:** Get your card to facilitate easier withdrawals. 3. **Familiarize Yourself with the Platform:** Take some time to explore the features of your Payoneer account. 4. **Network and Build Your Client Base:** Leverage platforms like Upwork and Fiverr to find clients. 5. **Stay Informed:** Keep learning about payments and financial management to make informed decisions. In conclusion, Payoneer has been a game-changer for me and many other freelancers in Pakistan. By understanding the withdrawal process and utilizing the Payoneer Mastercard, I was able to achieve financial independence and help countless others do the same. Remember, while it may take some time to navigate the system, the rewards are well worth the effort.Frequently Asked Questions
Does Payoneer work in Pakistan?
Yes, Payoneer works perfectly in Pakistan. You can receive payments from Fiverr, Upwork, and other platforms to Payoneer and transfer to your Pakistani bank.
How do I transfer from Payoneer to Pakistani bank?
Log into Payoneer, select Withdraw > To Bank Account, choose your Pakistani bank, enter amount. Funds arrive in 2-5 business days.
What are Payoneer fees?
Payoneer charges about 2% for withdrawal to Pakistani banks. ATM withdrawal costs $3.15. Currency conversion has a 2% fee.