Payoneer Withdrawal Fees Calculator
Estimate Payoneer withdrawal fees and net bank payout in USD
Payoneer withdrawal fees calculator FAQs
What Payoneer fees does this calculator include?
This Payoneer withdrawal fees calculator models a variable percentage fee on your withdrawal plus a fixed USD fee per bank payout. It then estimates total Payoneer charges and your net bank payout based on the withdrawal amount or target net you enter.
How do I set the variable and fixed Payoneer fees?
Payoneer fees depend on currency, country, and payout type. Check your account’s Pricing & Fees section and a recent withdrawal to your bank, then split what you paid into a percentage piece and a flat fee. Use those numbers here so this tool mirrors your real-world withdrawals more closely.
Does this include Payoneer’s FX margin on currency conversion?
Not automatically. When you withdraw from one currency balance to a different currency bank account, Payoneer applies a conversion margin on the exchange rate. You can approximate that effect by increasing the Variable withdrawal fee (%) so the overall fee line matches examples from your withdrawal history.
Can I model the minimum fee on small withdrawals?
Payoneer may apply a minimum fee for smaller transfers. To approximate that, either set a higher Fixed withdrawal fee (USD) for low amounts, or run a separate scenario for small withdrawals so you can see how much they cost vs batching them into fewer, larger payouts.
How is this different from Wise or a regular bank transfer?
With Payoneer, you’re typically withdrawing earnings you already received from marketplaces or clients. Wise or a bank transfer usually sends money directly from your own bank. This calculator is focused on the Payoneer-to-bank leg so you can compare it against sending the same payout via Wise or a cross-border bank transfer.
Is this an official Payoneer withdrawal calculator?
No. This is an independent estimation tool for freelancers, agencies, and creators. Always double-check with Payoneer’s official pricing pages, your account’s fee table, and your actual withdrawal confirmation before making cash-flow decisions.
How to use this Payoneer withdrawal fees calculator
This Payoneer withdrawal fees calculator is built for people who get paid through marketplaces or direct clients and want to know what really lands in the bank each time they cash out. Instead of guessing from fee tables, you can plug in your withdrawal amount and fee assumptions and get an instant view of fees, net payout, and effective cost.
1. Enter the withdrawal amount from your Payoneer balance
Start with the withdrawal amount (USD) you plan to move from Payoneer to your bank. That might be a single payout from a marketplace like Upwork or Fiverr, a monthly batch of client payments, or a one-off test to compare with Wise or a direct bank transfer.
2. Add a target net if you budget from the bank side
If you care most about what shows up in your bank account, use the “You want to receive in bank” field. The calculator flips the math to show the minimum Payoneer withdrawal required so that, after modeled Payoneer fees, your bank still receives the target amount in USD.
3. Set variable and fixed Payoneer withdrawal fees
Use the Variable withdrawal fee (%) input for the fee that scales with your withdrawal amount, and Fixed withdrawal fee (USD) for the flat charge per payout. The defaults model a common pattern: a small fixed fee plus a couple of percent on the amount. You can refine those numbers using your own Payoneer fee table and recent bank withdrawals.
4. Read the withdrawal summary and effective fee rate
After you click Calculate, the summary highlights either your net bank payout on the withdrawal you entered or the required withdrawal to hit your target net. Underneath, you’ll see total modeled Payoneer fees and the effective fee percentage, making it easy to see how much each cash-out truly costs you.
5. Copy the summary to compare Payoneer against other options
Use the Copy summary button to paste a clean breakdown into your spreadsheet or client docs. Run parallel scenarios using Wise or direct bank fees, then compare net received instead of just looking at headline rates. That’s especially helpful if you’re choosing where marketplaces should pay you by default.
Keep in mind this calculator focuses on Payoneer withdrawal economics only. Your full profit also depends on platform fees, FX changes, ATM/ card charges, and tax. Treat this as a clear lens on the Payoneer-to-bank leg, then layer in your wider freelance or creator business costs on top.
How the Payoneer withdrawal fee math works
Under the hood, this Payoneer withdrawal fees calculator uses a simple model: a percentage fee on the withdrawal amount plus an optional fixed fee in USD. Let W be your withdrawal amount in USD, r the variable Payoneer fee rate as a decimal (for example 0.02 for 2%), and f any fixed fee you include.
Total modeled Payoneer fees are:
Payoneer fees = W × r + f
The modeled net payout to your bank is:
Net bank payout = W − (W × r + f)
When you enter a target bank amount, the calculator rearranges the equation to find the withdrawal needed. If N is your desired net bank payout in USD, then:
Required withdrawal = (N + f) ÷ (1 − r)
The effective fee percentage shown in the results is:
Effective fee % = modeled Payoneer fees ÷ withdrawal amount × 100
Outputs are estimates in USD, rounded to two decimal places. Payoneer’s real pricing can vary by country, currency, balance type, and changes to minimum fees, so always confirm important withdrawals against your live Pricing & Fees page and the withdrawal preview in your Payoneer account.
Payoneer withdrawal fees references and further reading
- Payoneer Fees: Low fees and no hidden costs – Official overview of Payoneer pricing, including local currency withdrawal fees for major balances.
- Payoneer Help: Withdraw to bank – FAQ – How withdrawals to bank accounts work, including fee logic and examples.
- Payoneer Help: What are the fees for each transfer? – Guide to viewing your specific account’s withdrawal fees by currency and destination.
- Payoneer Help: Pricing and fees – Details on minimum fees and country-specific withdrawal charges.
- Payoneer: Withdraw payments to your local bank – Product page describing supported countries, currencies, and withdrawal options.