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Payoneer disabled my Make Payment, I decided to withdraw through ATM. I was surprised when i found out that Fidelity Bank ATM exchange rate is N410/$ as at yesterday.

chisom83:
Payoneer disabled my Make Payment, I decided to withdraw through ATM. I was surprised when i found out that Fidelity Bank ATM exchange rate is N410/$ as at yesterday.

Madam, hope you are not here to mislead the sons of men?

Tell us how much you withdrew and the total money deducted from your payoneer account including charges, and I can bet you that the rate was not more than ₦330/$

Fingerprinter:


Madam, hope you are not here to mislead the sons of men?

Tell us how much you withdrew and the total money deducted from your payoneer account including charges, and I can bet you that the rate was not more than ₦330/$

I don't know why people like arguing, I withdrew N20,00 yesterday, when i checked my Payoneer ,I was charged about $52.2. I think they charged about $3.2 per withdrawal. I don't think you have withdrew through ATM this days, No ATM exchange rate is below 350/$. I just checked now. you can confirm yesterday exchange rates here : naijaquest dot com / nigerian-bank-exchange-rate-today/

chisom83:


I don't know why people like arguing, I withdrew N20,00 yesterday, when i checked my Payoneer ,I was charged about $52.2. I think they charged about $3.2 per withdrawal. I don't think you have withdrew through ATM this days, No ATM exchange rate is below 350/$. I just checked now. you can confirm yesterday exchange rates here : naijaquest dot com / nigerian-bank-exchange-rate-today/

Wow, that is impressive

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Fingerprinter:


Wow, that is impressive

I will try Fidelity Bank tomorrow too. I won't be happy is they turn out to be just the same

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@Awoofawo
@Fingerprinter
@Mrphysics
@Chisom83

Dis present ATM offer don sweet my belle!


Please I do really need some clarification about this withdrawal through ATM.

Is there any way I can know(at the ATM) the naira value of the money I have in my Payooner master card before making a withdrawal? I am asking lest I should type a particular amount and the ATM would say "you have insufficient balance."

I have Payooner for long but I have not used it for once.

Thank you

room089:
@Awoofawo
@Fingerprinter
@Mrphysics
@Chisom83

Dis present ATM offer don sweet my belle!


Please I do really need some clarification about this withdrawal through ATM.

Is there any way I can know(at the ATM) the naira value of the money I have in my Payooner master card before making a withdrawal? I am asking lest I should type a particular amount and the ATM would say "you have insufficient balance."

I have Payooner for long but I have not used it for once.

Thank you

The calculations has been done on this page and the preceding page. I think if you go through it you will understand. If you have $100 and you want to withdraw through Access Bank ATM, their exchange rate including their charge is N330. Therefore, $100 * 330 = N33,000.

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Igunnu:

Withdraw the Fiverr funds to the Payoneer account. Or how do you intend to have at least 30$ in your payoneer if you do not withdraw funds to it? Once you withdraw at least 30 dolls to the account, then you can request for the card. Case closed.

Tanx bro, didn't know i could withdraw to my payoneer directly from my fiverr without a payoneer mastercard cus i've bin told otherwise, that was what actually got me confused.

room089:
@Awoofawo
@Fingerprinter
@Mrphysics
@Chisom83

Dis present ATM offer don sweet my belle!


Please I do really need some clarification about this withdrawal through ATM.

Is there any way I can know(at the ATM) the naira value of the money I have in my Payooner master card before making a withdrawal? I am asking lest I should type a particular amount and the ATM would say "you have insufficient balance."

I have Payooner for long but I have not used it for once.

Thank you

Just check your balance like you normally do with your regular ATM card. Note that for every balance enquiry you initiate, you will be charged $1.

ranson:


Just check your balance like you normally do with your regular ATM card. Note that for every balance enquiry you initiate, you will be charged $1.

I swear, this payoneer people na thieves. Even to check my balance na problem.

Grupo:


I swear, this payoneer people na thieves. Even to check my balance na problem.

That's what it's like leaving in America. Lol. I just tire for this people called payoneer and MasterCard

548$ payoneer available, 345/$ last

548$ payoneer available,

Grupo:


I swear, this payoneer people na thieves. Even to check my balance na problem.

To check your balance just login into your Payoneer account....don't use ATM for that oga!

mrphysics:

I will try Fidelity Bank tomorrow too. I won't be happy is they turn out to be just the same

So they charged you $52.2 to withdraw #20,000 Iropo 1 of Nairaland


Kunkun break you Payoneer ATM you no need am or Exchangers

Awoofawo:
So they charged you $52.2 to withdraw #20,000 Iropo 1 of Nairaland


Kunkun break you Payoneer ATM you no need am or Exchangers

Maybe you didn't read the comment you quoted well. I am yet to use Fidelity Bank. So why sound the way you do.

I will be using it today. Secondly, access bank charges $60.15 or so for N20000, Firstbank is the worst. So if Fidelity Bank will charge $52 for N20,000, then it's a good deal

mrphysics:

Maybe you didn't read the comment you quoted well. I am yet to use Fidelity Bank. So why sound the way you do.

I will be using it today. Secondly, access bank charges $60.15 or so for N20000, Firstbank is the worst. So if Fidelity Bank will charge $52 for N20,000, then it's a good deal

Did you realize that the amount charged on your Payoneer account is the sum of naira equivalent you wish to withdraw at ATM + Payoneer ATM fee?

for every #20000 you withdraw (Nigeria ATM withdraw limit is #20000 per transaction on Payoneer ATM, card up to #100000 or #150000 daily limit)

For any amount under #20000 you are charged $3.5 and for another amount above #20000, divide the amount by 20000 and multiply the result by $3.5 to know how much Payoneer will charge you.

The most important thing is finding Bank that you comfortable, running from one bank to another may expose you to compromised ATMs

All the same best wish to you and goodluck in your favorable rate hunting !

Awoofawo:
Did you realize that the amount charged on your Payoneer account is the sum of naira equivalnt you withdraw at ATM + Payoneer ATM fee?

for every #20000 you withdraw (Nigeria ATM withdraw limit is #20000 per transaction on Payoneer ATN card up to #100000 or #150000 daily limit)

For any amount under #20000 you are $3.5 and for another amount, divide the amount by 20000 and muiltply the result by 3.5 to how much Payoneer will charge you.

The most important thing is finding Bank that you comfortable, run from one bank to another may expose you to compromised ATMs

All the same best wish to you and goodluck in your favorable rate hunting !

What you wrote didn't make any sense and your calculations were just very weak that I didn't understand any calculation you made.

mrphysics:

What you wrote didn't make any sense and your calculations were just very weak that I didn't understand any calculation you made.

And i thought i was the only one battling with the spirit of confusion on that post. The post just weak me, abeg no mind that post. Hw did the fidelity experience go? Also what do you think of Ecobank rates.

mrphysics:

What you wrote didn't make any sense and your calculations were just very weak that I didn't understand any calculation you made.

okay

Read it again with open mind, don't have time correcting typo errors.....some of you are just being plain greed that all........ You don't want to use exchangers here because of very low rate and bank rate is also not favorable to you......get it into your heads, no free money online. The Exchangers and Banks are all in business of making profit just like you. Just find what work for you and stay with it. Running around will only expose you to fraud. If you know exchanger that is trustworthy stay with him or her and find reliable Bank ATM to use regularly.

Hungarriman:
And i thought i was the only one battling with the spirit of confusion on that post. The post just weak me, abeg no mind that post. Hw did the fidelity experience go? Also what do you think of Ecobank rates.

I tried so hard to understand the content of that post but didn't it.

I am yet to try fidelity bank. When I am done with what I am writing, I will go out there and look for a Fidelity bank. I will withdraw N20k and see their rate.

mrphysics:

I tried so hard to understand the content of that post but didn't it.

I am yet to try fidelity bank. When I am done with what I am writing, I will go out there and look for a Fidelity bank. I will withdraw N20k and see their rate.

Ok.

Awoofawo:
okay

I am serious, explain better, I want to get your point.

Also the issue of a compromised ATM is what I do not understand. If people can trust their money with sendvalu and the rest, I find it hard trying to see the reason while I won't use any ATM of my choice. With my Nigerian ATM, I use any banks ATM including Wema bank, so I won't I trust Payoneer ATM.

mrphysics:

I am serious, explain better, I want to get your point.

Also the issue of a compromised ATM is what I do not understand. If people can trust their money with sendvalu and the rest, I find it hard trying to see the reason while I won't use any ATM of my choice. With my Nigerian ATM, I use any banks ATM including Wema bank, so I won't I trust Payoneer ATM.

Read the post again, with open mind!

When you withdraw #20k from at ATM what is total amount deduct from Payoneer account?

From what you said $52.2 for #20K withdraw. Okay now substract $3.5 from $52.2 = 48.7

Exchange rate from google now is #360 to $1

the appropriate amount you should get is $48.7 X 360 = 17532 appro. #17000

This only apply if total amount in your Payoneer account is $52.2.


That's how I calculate amount I am likely to get from ATM transaction.

I don't rate calculating....only interest in nearest amount obtainable in thousand per transaction.


I like your spirit sha...risk taker.....abeg let us know the rate for Fidelity bank.....someone will alway be the fore-runner na!

mrphysics:

I am serious, explain better, I want to get your point.

Also the issue of a compromised ATM is what I do not understand. If people can trust their money with sendvalu and the rest, I find it hard trying to see the reason while I won't use any ATM of my choice. With my Nigerian ATM, I use any banks ATM including Wema bank, so I won't I trust Payoneer ATM.

Wema bank lol....Wema don't do mastercard ......Oga are you joking

Awoofawo:
To check your balance just login into your Payoneer account....don't use ATM for that oga!

I guess your balance in you payoneer account shows you the naira equivalent that the bank atm is going to dispense to you, especially when you are not sure of the exchange rate, right?