Last Updated: January 14, 2026
TL;DR (Quick Summary)
This guide covers everything you need to know about payoneer: standard - pakistan guide 2026. Includes practical steps and tips for Pakistani freelancers.
Payoneer: The Standard - Pakistan Guide 2026
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 |
Using Payoneer with Standard Chartered Pakistan
Payoneer has become the go-to payment solution for many freelancers in Pakistan. The ability to receive payments from platforms like Fiverr, Upwork, and Toptal using Payoneer has opened doors for many, including myself.Setting Up Your Payoneer Account
To get started with Payoneer, you will need to create an account. Here’s how I did it: 1. **Sign Up**: Visit the Payoneer website and sign up for an account. Make sure to use your real information to avoid any issues later. 2. **Verify Your Identity**: Upload the required documents for verification. This usually takes a few days. 3. **Link Your Standard Chartered Account**: Once verified, link your Standard Chartered account to your Payoneer account. This is important for smooth withdrawals.Receiving Payments
Receiving payments with Payoneer is straightforward. After completing a project on any of the platforms, you simply request a withdrawal to your Payoneer balance. Here’s a quick breakdown: - **Payment Platforms**: You can receive payments from Upwork, Fiverr, Toptal, and others directly to your Payoneer account. - **Currency**: Payments can be received in USD, which is beneficial when converting to PKR later.Withdrawing to Standard Chartered
Once your funds are in your Payoneer account, you can withdraw them to your Standard Chartered account. The process is simple: 1. **Log into Payoneer**: Navigate to the 'Withdraw' section. 2. **Select Your Bank**: Choose Standard Chartered as your withdrawal method. 3. **Enter the Amount**: Specify how much you want to withdraw.Understanding Withdrawal Charges and Times
One of the most critical aspects of using Payoneer with Standard Chartered is understanding the associated charges and withdrawal times. Here’s what I’ve learned from my experience:Withdrawal Charges
Payoneer has a fee structure that varies based on the amount you withdraw. Here’s a breakdown of typical charges: - **Withdrawal Fee**: Generally, Payoneer charges a fee of $1.50 to $3.00 per withdrawal, depending on the amount. - **Currency Conversion Fee**: If you're converting from USD to PKR, expect a conversion fee of around 2% to 3%. This means that if you withdraw $500, you might end up paying approximately $15 in fees. However, considering the convenience, I find it worth it.Transfer Times
When I first started using Payoneer, I was anxious about how long it would take for my funds to reach my bank account. Here’s what I’ve experienced: - **Standard Withdrawal Time**: Typically, it takes 2-5 business days for the funds to appear in your Standard Chartered account. - **Faster Options**: If you opt for a local bank transfer, funds can be received more quickly, often within 1-2 business days.Minimum Withdrawal Amount
Payoneer has a minimum withdrawal limit that you should be aware of: - **Minimum Amount**: The minimum withdrawal amount to your Standard Chartered account is usually around $50. This is crucial to know if you are just starting or if you’re working with smaller projects.My Experience with Payoneer and Standard Chartered
I remember my early days freelancing in Lahore. I would often struggle to gather enough funds to reach the minimum withdrawal amount. It was a bit frustrating because I was eager to transfer my hard-earned money to my bank account. However, once I got the hang of it, I started receiving larger payments from clients on platforms like **PeoplePerHour** and **Guru**. One month, I managed to earn around $1,200. I withdrew $500, and after accounting for fees, I received about PKR 150,000 in my Standard Chartered account. This was a game-changer for me, and it enabled me to reinvest in my business.Practical Tips for Using Payoneer with Standard Chartered
Based on my experience, here are some practical tips to make the most of using Payoneer with Standard Chartered:- Keep Track of Fees: Always calculate the fees before withdrawing. Knowing how much you’ll receive helps in planning your finances.
- Use Payoneer’s Currency Converter: It's handy for understanding how much you’ll get in PKR before making a withdrawal.
- Create a Payment Schedule: If you have multiple small payments, try to wait until you reach the minimum withdrawal amount to save on fees.
- Stay Updated on Regulations: As a freelancer, it’s crucial to stay informed about any changes in regulations regarding foreign income, especially with the FBR and PSEB.
Next Steps: Getting Started Today
If you’re a freelancer in Pakistan, I highly encourage you to set up a Payoneer account if you haven’t already. Here’s a quick checklist to get started:- Visit the Payoneer website and sign up.
- Complete the verification process.
- Link your Standard Chartered account.
- Start receiving payments from your freelance platforms.
- Withdraw to your Standard Chartered account and enjoy your hard-earned money!
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.