There are many reasons why you would want to transfer your Payoneer funds from one balance to another. For example, maybe you have money in your USD balance but want to pay something with the GBP balance. Perhaps a client has paid you in EUR, but you want to have the funds in your USD balance so you can withdraw them.
No matter the reason, transferring between balances at Payoneer is quite simple. However, please note that conversion rates between currencies can vary and Payoneer charges a very small conversion fee.
How to transfer funds between balances on the Payoneer website
To transfer between balances, start by going to Payoneer and logging into your account. If your account is not already protected by two-factor authentication, make sure to enable 2FA in Payoneer to make it more secure.
Then select withdraw and transfer in the menu on the left side and then click on Manage currencies On the right.
Expand the Of drop-down menu on the right and select the balance with the funds you wish to transfer. In it TO dropdown on the left, expand it and select the balance you want to send those funds to. Enter how much you want to transfer in Amount and then click get rate.
You will then see how much Payoneer will send to the other balance. You will also see the exchange rate and the fees it will deduct. After reviewing the information, click Deliver.
Please note that it will take a few minutes for the transferred funds to appear in the other balance you sent them to.
How to transfer funds between balances on the Payoneer mobile app
You can also transfer between balances in the mobile app after you’ve received a payment through Payoneer. Go to the Payoneer app on your Android or iOS device and sign in to your account. In the bottom menu, tap Behaviorand then touch Manage currencies in the menu that appears.
In it Of drop-down, select the balance with the funds, and in the TO drop down menu, select the balance you want to deposit money into. Enter how much you want to send in the Amount text box, and then tap get rate.
Review the details of the transfer, including the amount to be received, the currency exchange rate, and the fee. If everything goes well, touch Deliver.
The funds will reflect on the balance you transferred them to after a few minutes.
Fund as much Payoneer balance as you like
If you need funds in another currency at Payoneer, you can easily transfer them to the corresponding balance. Payoneer will charge you a small conversion fee, but at least you can have your money where you want it. And if you transfer enough funds to other balances, you can even order a prepaid debit card for them.