Complete Guide to Withdrawing Money from Fiverr – As I discussed in the previous article that there is an easy way to make money online by joining (https://www.fiverr.com/) and sell the Gig of your service. Now that you’ve registered as a freelancer on Fiverr and put in the hard work of offering your services and now of course you’ve got your first income from Fiverr.
Then when you have earned income from Fiverr, then you will think and wonder how you can withdraw income or money to your bank account from Fiverr. To make a withdrawal, Fiverr provides you with three transfer methods that you can use to withdraw your earnings.
- Bank transfer
- Fiverr Revenue Card
The most recommended option to use is Bank Transfer. In this article, I will provide you with a step by step guide on how you can arrange a withdrawal of funds or money from fiverr using the Bank Transfer method to withdraw your hard-earned income on Fiverr.
First, please open the dashboard Fiverr You and click the “Earned In” option as shown in the screenshot below.
On the next screen, you will be shown with the three available options that Fiverr offers for withdrawing money.
Withdraw money from Fiverr Using PayPal
First is to use a PayPal account, and this is very easy because you only need to select the PayPal Account button and you just need to enter your PayPal address and the funds in Fiverr will be sent to your PayPal account.
However, why Fiverr recommends using Payoneer is because the lower discount fee is $ 1 and for PayPal is $ 3. In addition, the process of withdrawing funds from PayPal to your local bank account tends to be bigger than with Payoneer.
Using Bank Transfer
The second is Transfer to your bank account, please click on the “Bank Transfer” option. If you have a Phone number attached to your account, Fiverr will ask for verification before you can set up a payment method. Fiverr will send a 4 digit verification code to your phone number for security. Enter the verification code in the box provided and click “Send”.
You will receive an email with further instructions from Fiverr at the email address you used to register.
After you click on the link above, you will be taken to the Payoneer Registration page. Payoneer is an online payment system website that provides online money transfers and digital payment services.
Click “Get Started” to continue.
If you already have a Payoneer account, you can sign in to link your Payoneer account to Fiverr to process your payments or you can register for a new account. If you don’t have a Payoneer account then you can register directly on the official website here -> https://www.payoneer.com/ or read the complete guide here → Complete Guide How to register Payoneer.
Registering a Payoneer account is free of charge, however Paynoeer has an account fee of $ 30 per year. You can also see how much discount Payoneer charges in full here → Payoneer Administrative Discount Fee .
Provide all details when registering a new account. Make sure you provide the correct details. The most important point when registering a new account is that you must have an account Bank Indonesia such as BRI, BNI, BCA, Mandiri and others. Payoneer will ask for your local bank account details. You will need the following information. You can get all this information from your bank, this information is very important for a successful wire transfer from Payoneer to your local bank account. And here is the information needed:
- Your Bank Name
- Account name
- Account number
- Branch Code
Fill in the information above and check the box below to agree to the terms and conditions, then click “Next”. You will receive a confirmation email from Payoneer. Your account will be reviewed and it will take approximately 3 to 4 working days before your account is verified.
Once your account has been verified, it will be automatically linked to your Fiverr account. Next time you want to withdraw funds, you can do so by clicking the “Bank Transfer” option, which will transfer your money from Fiverr to Payoneer. A $ 1 fee will be charged for that normal processing. And a $ 5 fee will be charged for urgent processing.
After your Payoneer account is verified and your balance has reached $ 100 then Payoneer will issue a Debit Master Card which can be used to withdraw money through any ATM in the world that supports “Master Cards” Transactions. The card will arrive at your address within a month after your account is verified, and it may take longer depending on your geographic area.
From your Payoneer account, you can also transfer money to the local bank account that you provided during registration. You can do this by logging into your Payoneer account. On the main homepage, you will see an option “Withdraw to Bank Account”. Click “Continue” to continue.
You will have the option to choose what funds you want to withdraw. Select the account from which you want to withdraw funds.
You will be asked for withdrawal details. Select your bank and enter the amount you have to withdraw. Click the “Review” button. It will take a maximum of 2 days until you have the amount at your local bank.
And that’s the complete guide on how to withdraw money from Fiverr to your local bank via Payoneer and also PayPal. Hopefully this article was useful for you and survived as a freelancer Fiverr.