How To Withdraw Money From Fiverr In Bangladesh

Introduction.

Fiverr has become one of the most popular platforms for freelancers around the world. From graphic design to writing, marketing to web development, Fiverr offers countless opportunities for freelancers to earn money from their skills.

However, one question that many people have is how to actually get that hard-earned money out of Fiverr, especially if you’re based in Bangladesh.

If you’re someone who has made money on Fiverr, you may have already encountered the challenge of withdrawing funds to your local bank account or e-wallet.

In Bangladesh, there are a few specific steps and methods you need to follow to make sure you can access your Fiverr earnings easily and without any hassles.

In this article, I’ll walk you through all the available options for withdrawing your Fiverr money in Bangladesh, explaining the pros and cons of each method, and helping you find the one that works best for you. Let’s dive right in!

Fiverr Withdrawal Methods for Bangladesh

Fiverr offers a variety of ways to withdraw funds, but not all options are available in every country. The good news is, Bangladesh is supported by most of Fiverr’s withdrawal options.

These include PayPal, Payoneer, Fiverr Revenue Card, and direct bank transfers. I’ll go through each option, step-by-step, so you know exactly what to do.

1. PayPal (Most Common Choice)

PayPal is one of the easiest and most popular methods for withdrawing money from Fiverr in Bangladesh.

It’s widely used and trusted worldwide. However, PayPal itself does not directly support Bangladesh in receiving payments, which can create some confusion.

But don’t worry. You can still use PayPal in Bangladesh if you create a PayPal account linked to a different country, such as the United States. Here’s how to go about it:

Steps to Withdraw via PayPal:

First, make sure your Fiverr account is linked to your PayPal account. You’ll need to verify your PayPal account by adding your email address and connecting it to your Fiverr account.
After your earnings are ready to be withdrawn on Fiverr, select PayPal as your withdrawal option.
Fiverr will then send your earnings to your PayPal account. You can then transfer the funds from PayPal to your local bank account in Bangladesh.

Pros:

PayPal is fast, with funds usually available within a few hours.
It’s a secure and trusted platform used by millions around the world.
Easy to use and set up.

Cons:

PayPal charges a fee for withdrawing money to your bank account (around 2.9% + a fixed fee).
You need to use a PayPal account based in a supported country, which may require additional steps.

2. Payoneer (A Reliable Alternative)

If PayPal seems tricky, Payoneer is a great alternative. Payoneer is widely used by freelancers across the world, especially in countries like Bangladesh.

The best part about Payoneer is that it allows you to withdraw money from Fiverr directly to your local bank account, and it even offers a prepaid MasterCard that you can use to withdraw cash from ATMs.

Steps to Withdraw via Payoneer:

First, you’ll need to sign up for a Payoneer account. The process is simple and requires basic details like your name, address, and bank information.
Once your Payoneer account is set up, link it to your Fiverr account.
After you’ve linked your Payoneer account to Fiverr, you can withdraw your Fiverr earnings to your Payoneer balance.
You can either withdraw the money from your Payoneer account to your local bank account in Bangladesh or use the Payoneer MasterCard to withdraw cash from ATMs.

Pros:

Payoneer is available in Bangladesh, and it directly supports local bank transfers.
It offers both bank transfer and ATM withdrawal options through the Payoneer Prepaid MasterCard.
The process is straightforward, and fees are generally lower than PayPal.

Cons:

Payoneer charges some fees for transferring funds to your bank account (usually around 1-2%).
You’ll need to wait a few days for the money to arrive in your bank account.

3. Fiverr Revenue Card (Prepaid MasterCard)

Fiverr also offers a prepaid card that you can use to withdraw your earnings. The Fiverr Revenue Card is essentially a prepaid MasterCard that you can use at ATMs worldwide. It works much like any regular debit or credit card, but the funds come directly from your Fiverr earnings.

Steps to Withdraw via Fiverr Revenue Card:

Apply for the Fiverr Revenue Card through your Fiverr account. The card will be mailed to your address.
Once you have the card, link it to your Fiverr account and select the Fiverr Revenue Card as your withdrawal method.
You can then withdraw your earnings directly to your card and use it to make purchases or withdraw cash from ATMs.

Pros:

Fiverr Revenue Card is easy to use and widely accepted globally.
You can access your funds quickly, often within a few hours.
The card works like any regular debit card and is easy to manage.

Cons:

Fiverr charges an annual fee for the card.
There are fees associated with withdrawing money from ATMs.
The card isn’t as widely available in all countries, though Bangladesh is supported.

4. Bank Transfer (Direct Bank Transfer)

Another option for withdrawing funds is through a direct bank transfer. While this is often the most straightforward method, it’s also the slowest, as it may take several business days for the funds to appear in your local bank account.

Steps to Withdraw via Direct Bank Transfer:

To use this option, you’ll need to link your local bank account to Fiverr. Fiverr will ask for your bank account details, including the account number, routing number, and bank name.
Once linked, you can withdraw your earnings directly to your bank account.

Pros:

No need for third-party services like PayPal or Payoneer.
Direct transfer to your local bank account.

Cons:

Bank transfers can take several business days (usually 3-5 days).
Banks often charge fees for international wire transfers.

Conclusion

So, there you have it – four main ways to withdraw your Fiverr earnings in Bangladesh: PayPal, Payoneer, Fiverr Revenue Card, and direct bank transfer.

Each method has its own set of benefits and drawbacks, so it’s up to you to choose the one that works best for your needs.

If you want a fast and easy option, Payoneer or Fiverr Revenue Card might be the way to go. On the other hand, if you don’t mind waiting a bit longer and prefer a direct route, bank transfers are always an option.

The important thing is to make sure your Fiverr account is set up correctly and that you choose the right withdrawal method based on your preferences and location.

Got any other questions about withdrawing money from Fiverr in Bangladesh? What method have you tried so far, and how’s it worked for you? Let me know!