Easiest Tips On How To Withdraw Payoneer In Nigeria

September 28, 2021

Easiest Tips On How To Withdraw Payoneer In Nigeria

A lot of people have been asking how to withdraw their Payoneer funds in Nigeria, and I will talk about it in this post. Unlike PayPal, Nigerians are allowed to use Payoneer so this isn't a big issue.

I have been using both PayPal and Payoneer for over four years now, and I think I can answer the questions you'll be needing in them.

Can I Receive Money Via Payoneer In Nigeria?

Perfectly yes, you do not need a VPN or any hacks to create your account. In fact, if you have a VPN on please put it off to avoid clashes in IP address.

All you need is a phone number and email, then a Nigerian bank account. Visit Payoneer.com to get started immediately.

What Is The Best Bank To Withdraw Payoneer In Nigeria?

Almost every bank should successfully withdraw the funds, but in my case, I used a UBA domiciliary account.
I didn't risk using my normal account since CBN placed a restriction on receiving dollars into Naira account.

How Long Does Payoneer Take To Withdraw To Nigerian Account?

If you request for withdrawal on weekends, it will be received on Monday. Give it five working days and your money should be settled in your account.
The charges for withdrawal I think are around $10 (I'm not sure since it might vary from the amount you're withdrawing).

Payoneer Minimum Withdrawal To Bank Account

The minimum amount you can withdraw is $50. We will bother about the maximum when we get there hehe. To know the value in Naira, you can use our exchange rate calculator.

To withdraw smaller amounts of money, you can sell it to an exchanger or use the Payoneer Mastercard. If you want to fund your account also, an exchanger can come in handy.

How To Withdraw Your Payoneer Funds To Your Nigerian Bank Account

With screenshots, here are steps on how you can withdraw the funds to your Nigerian account.

- Log in to your Payoneer account and click on withdraw on the top right.

Easiest Tips On How To Withdraw Payoneer In Nigeria

- On the page you'll see the option to select the wallet (USD, EUR or GDP) to withdraw from, then select bank and enter amount. 

Easiest Tips On How To Withdraw Payoneer In Nigeria

The bank has to be verified first.

- Once the withdrawal request has been received, you will be notified via mail.

Easiest Tips On How To Withdraw Payoneer In Nigeria

Voila! You can expect your money to arrive anytime from then.

You Might Also Like