Best Withdrawal Method for Pakistan

After receiving payments, you can either use them online or withdraw them to your local banking account. Now there are few options available for you to withdraw your money in every freelancing website. Talking about oDesk, they give us the following ways to withdraw our money,

•          PayPal
•          Moneybookers(Skrill)
•          Payoneer Master Card
•          Wire Transfer(USD)
•          Wire Transfer(PKR)

Now the question is which one is best for us to withdraw money in Pakistan? Unfortunately PayPal isn’t available in Pakistan; otherwise PayPal is good for those who wish to use their money online for shopping purposes as payment via PayPal option is available in almost every online shopping website. Moneybookers which is now known as Skrill is a good option for those who want to withdraw their money to their local banking account in minimal withdrawal fees, but your money takes almost 7-10 days to reach your local banking account. Unfortunately Skrill don’t offer any means to keep track of our withdrawal. Talking about my own experience with Skrill, first payment took much longer time to reach my bank account almost 20 days. There are many rumors on net, that either Moneybookers (Skrill) payments never reach your bank account – it just stuck somewhere in between, or they deduct much more amount from the payment as mentioned in their withdrawal fees. Actually the solution to former problem is just to wait wait and wait, actually Skrill don’t have good customer support and they don’t help us much rectify the issues. Actually the later problem is that some intermediary bank deducts your payment for routing it, in short Moneybookers is not so much reliable for withdrawing money in Pakistan. Now Payoneer Debit card method is good for those who want their payments available immediately but the problem with this method is that their withdrawal fee is very high also activation fee is required which is almost $50. 

At last but not least the wire transfer method, it’s the best method I have experienced. It gives both less withdrawal fees as well as minimal transaction time. Moreover oDesk wire transfer helps us keep track of our payments, even then if our payments don’t reach our bank accounts they got reverted back to our oDesk account. Wire Transfer are further divided into PKR and USD wire transfer. Now a days PKR wire transfer is closed for few days but hopefully it will be opened very soon, till then you can use USD wire transfer. For that you’ll need a foreign currency account which can be easily opened in any bank. In short, Wire Transfer is best method from all mentioned above. I am having a good experience with both PKR and USD wire transfers, so I ‘ll suggest you all to go for wire transfers.