How do the rates work?

It is a certain monetary amount that banks or platforms charge since they facilitate the sending of money to any account or place in the world.


Why are these rates?

These fees are charged by your bank or the government, in the case of taxes, because they facilitate the sending of money and this is a commission that they always have for international shipments.


What is the fee in cryptocurrencies?

They work like banks, to make transfers specific networks are used for cryptocurrencies, which depending on how much they are used, charge a certain commission on your payment.


What is the rate that banks handle?

They work like banks, to make transfers specific networks are used for cryptocurrencies, which depending on how much they are used, charge a certain commission on your payment.


What is the fee handled by Payoneer?

There are no fees when making transfers on the platform, however, when you withdraw your money, you are charged a fee of around 2%.


What is the fee handled by PayPal?

The fee is around 5% of the value consigned to the account bank.


If you have further questions, please feel free to contact us via chat (friendly reminder if you want to contact us login to your account or create one).😊

Did this answer your question?