Ari Kohn
Ari Kohn | Payoneer Team
0:55

Local receiving accounts act just like local bank accounts which makes it easy for international clients and marketplaces to pay you via local bank transfer in USD, EUR, GBP, CNH, JPY, AUD, CAD, SGD and MXN.

What’s in it for you?

Bring home more income

Eliminate international wire transfer costs so you keep more of what you earn.

Grow your business globally

Get paid in multiple currencies from international marketplaces

Delight your clients

Give your direct customers a simple way to pay in a currency that suits them

How does it work?

Get paid by marketplaces and international clients as if you had your own local account! And it’s so easy to use too.

  • Step 1

    Register to Payoneer
    to get your local receiving accounts

  • Step 2

    Send customers your account details
    or use them in a marketplace

  • Step 3

    Automatically receive payments
    to your Payoneer account

What can you do with your funds?

Withdraw to your local bank account

Convert your hard-earned funds to your local currency. We support over 150 countries.

Learn More

Make business payments

Pay any of your suppliers, contractors, and business partners directly from your Payoneer balance.

Learn More

Pay your VAT as a seller

Online seller? Pay VAT in multiple countries from your Payoneer balance for FREE!

Learn More

Convert funds to different currencies

Need dollars but getting paid in euros? Easily convert your funds for your business needs.

Learn More

Get answers in our FAQs

How do local receiving accounts work?

  1. Payoneer provides you with the details of a receiving account in a specific currency.
  2. You provide these details to the company or marketplace with which you work.
  3. The company uses these details to send you a bank transfer.
  4. You receive the payment to your Payoneer account.

Please note that while the Global Payment Service has some functions of banking, it is not a bank account. Companies can transfer payments using your receiving account details, but you cannot charge your receiving account. Any charge attempts will be declined.

What countries can I receive payments from and in which currencies?

Companies in the following countries can pay you in local currency to your local receiving account, in accordance with the Terms & Conditions of the Global Payment Service:

CountryCurrencyTransfer methodNotes
United StatesUSDACH
European UnionEURSEPA
United KingdomGBPBACS or FPS
JapanJPYZengin
AustraliaAUDBECS
CanadaCADEFT
MexicoMXNSPEI or TEFOnly payments from the following marketplaces are currently supported: Amazon, Google Payments, Paypal, MercadoLibre
SingaporeSGDGIRO/ACH, FAST, or MEPS

Where can I view my receiving account details?

To view the details of your receiving accounts, please follow the steps:

  1. Sign in to Payoneer.
  2. Click on the Receive tab and select the Global Payment Service.
  3. Select the relevant receiving account.

Are there any Payoneer fees associated with this service?

There is a 0-1%* fee for each payment received via local bank transfer in USD. Payments received in all other currencies are free of charge.

*Receiving payments via Global Payment Service in USD is free for customers from the following countries: Japan, India, South Korea, Thailand, UK, and USA.

For wire transfers in USD, there may be fees taken by intermediary banks that participate in sending funds from one bank to another. These are not within Payoneer’s control nor does Payoneer know in advance what those fees might be.

How do I add my details to Amazon Seller Central?

For step by step instructions, please choose the relevant Amazon platform:

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