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Exercise 2

This document discusses withdrawal options and requirements for freelance platforms Fiverr, Upwork, and Freelancer. It lists the available withdrawal methods for each platform for Pakistani freelancers, including Fiverr Revenue Card, Local Bank Transfer, Direct to Local Bank, U.S. Dollar Wire Transfer, Payoneer, Express Withdrawal, Wire Transfer, and Skrill. It also provides the basic requirements to add a preferred withdrawal method of Direct to Local Bank on Upwork, Skrill on Freelancer, and Payoneer on Fiverr.
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0% found this document useful (0 votes)
98 views5 pages

Exercise 2

This document discusses withdrawal options and requirements for freelance platforms Fiverr, Upwork, and Freelancer. It lists the available withdrawal methods for each platform for Pakistani freelancers, including Fiverr Revenue Card, Local Bank Transfer, Direct to Local Bank, U.S. Dollar Wire Transfer, Payoneer, Express Withdrawal, Wire Transfer, and Skrill. It also provides the basic requirements to add a preferred withdrawal method of Direct to Local Bank on Upwork, Skrill on Freelancer, and Payoneer on Fiverr.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Course Title: Freelancing

Exercise No.2
Submitted by: Kiran Fatima
Task 1:
Read the payment related terms and policies of the freelance platforms given below (links of
which are given in the guidelines). Provide the screenshots of pricing and fees for all of the
withdrawal options available from each respective freelance platform.
 Fiverr

1. Pioneer
2. Fiverr Revenue Card™

3. Local Bank Transfer (LBT)


4. Direct Deposit (ACH)
 Upwork

 Freelancer

Task 2:
List down the names of withdrawal options available on the above-mentioned freelance
platforms for Pakistani freelancers.
1. Fiverr:
 Fiverr Revenue Card™
 Local Bank Transfer (LBT)
2. Upwork:
 Direct to Local Bank 
 U.S. Dollar Wire Transfer 
 Payoneer
3. Freelancer:
 Express Withdrwal:
Note:Pakistan (PKR) - only for personal bank accounts (withdrawal to company bank accounts is not available due to
local restriction)
 Wire Transfer
 skrill
Task 3:
Choose your preferred withdrawal option and write down the basic requirements to add that
withdrawal method.
 Upwork
Preferably, choose Direct to Local Bank  as it is easy to set up. You just need a local bank account in your country.
Withdrawal requires:
 Swift code
 IBAN
 Personal Information (Name, address, city, contact No., Post code etc)

 Freelancer
Preferably, choose skrill method to transfer money to local bank as it is easy to use, easy to connect with any other
account.
Firstly, make an account (register) in skrill. Then, I go to freelancer.com and integrate skrill in it going on “Withdrawal
funds” and clicking on skrill option at “withdrawal request”. Add skrill account information there. Go back to skrill.com,
goto withdrawal, add following local bank account information.
 IBAN
 Account type
 Account Holder name
 Government ID Number
 Post code
 Country Name
 City etc
 Fiverr
Preferably, choose Payoneer as it is easy to use and can be populated in fiverr or any other freelance platform.
Make an account (Register) in payoneer by adding basic personal information and account related information and submit
your details for verification. It takes 2-3 days for verification. After verification populate this account in fiverr,com and
withdrawal money. Note: Minimum payment required for payoneer withdrawal is 20$.

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