Local Bank Transfer

Transfer money faster, for less

When you’re able to transfer money in local currency, costs are lower, processing is faster, and your business benefits. Discover how you could transfer money globally in half the time of a regular wire transfer with our Local Bank Transfer (LBT) Service.

LBT allows Payoneer partners to transfer funds directly to their payee’s bank accounts in their local currency – which keeps the cost of transferring money low, and efficiency high.

You can transfer money in 210 countries with rates starting from as little as $5.95.

The Payoneer Local Bank Transfer at a glance:

Cost-Effective - Cheaper than wires and checks. Great for large payments
Faster - Local transfer means funds are available in half the time
Secure - Backed by our industry-leading security and safety standards
Easy access and management - One time setup of account details with funds loaded directly to payee’s local bank account in the local currency
No monthly fees, payees pay only per transfer

Account holders can sign up for Payoneer prepaid debit MasterCard® or Local Bank Transfers.

View a complete list of countries and currencies here

Transform the way you pay

Discover the speed and economy of Local Bank Transfers with Payoneer. Become a Payoneer Partner now or, for existing Partners, sign-up for the LBT service by selecting the Worldwide Bank Transfer Service option from your account page. Contact us for more information.

Secure, fast and cost effective mass payouts to recipients around the world. Receive a tailored payout solution from one of our sales directors.

Get paid directly to your globally accepted prepaid MasterCard card.