Withdrawal money from Payoneer in Pakistan?

Hey guys I am Wajahat, and I’m back with an amazing tutorial on how to withdraw money from Payoneer and which bank is best to withdraw Payoneer’s Money from ATM or which bank supports Payoneer’s Master Card!
Payoneer is one of the best online bank which offers it's users a free Master Card. This bank can help people in Pakistan to get a Paypal account. And through this, you get a "free Bank Account" in US, which would be a real account and you can use it to do online transactions!


After you have received your Payoneer Master Card and it is now loaded with enough money to withdraw from it then you must know some important key points to do your task.

Now you have to keep this in your mind that approx. of about $5.15 will be charged to you when you will withdraw money. This means when you would be withdrawing $3.15 will be the charges of Payoneer itself & remaining $2 will be deducted from your account when you use it to withdraw from ATM. This is explained further (keep on reading!).

Now the thing is which banks in Pakistan support Payoneer's Master Card? Few banks supports Payoneer which are Citi Bank (CS), Muslim Commercial Bank (MCB), Standard Chartered Bank (SCB) & United Bank Limited (UBL).

I personally use MCB because of its online banking support. Others banks including, SCB is also good as its tax are low approx. $1. MCB deducts $2 but it offers it users a wide range of amount to be withdraw more than Rs.20, 000!

Now these are some other key points you should now:

• If you entered your card into the ATM and then suddenly changed your mind and cancelled the withdrawal then an amount of $1 will be charged.
• You want to check your current balance in ATM then again $1 will be charged.
• Every year $29.9 are deducted from user’s balance which is card maintenance fee, so never make your card go above $29.9 if it does then quickly withdraw your money!
• Whenever you will withdraw money Payoneer will deduct $3.15 from your balance and the Bank you are using will also deduct (it varies).
• When you are going to withdraw money you should have an extra balance of $5-6, this will be the transaction charges which would be applied (Payoneer + Local Bank). For example: You want to withdraw Rs. 1000 then if $1=Rs. 100 then you should have approximately $18 to withdraw Rs.1000. Because you should never empty your card it’s against Payoneer’s Policy!