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How do I withdraw money from Upwork after Payoneer closes?
Hello!
Payoneer is closing, what other options are there for receiving dollars in Russia?
Receipts from freelance exchanges; customers who pay directly; other companies that pay with PayPal.
Thank you.
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I would like to clarify that users in Russia can continue to use their account to receive payments, but they will only be able to withdraw them to a bank account. We support transfers to an account in three currencies - USD/Euro/local.
Withdraw directly Direct to Local Bank. The dollar exchange rate will be slightly lower, the money comes quickly (1-3 business days maximum), the withdrawal fee is $1. Initially, that's how it worked. Actually, if you have an IP, you can display IP on a business card in the same way.
For small amounts, withdraw to PayPal.
With a stable income, open an individual entrepreneur, sign contracts, withdraw bucks to a bank account and sleep peacefully (after paying taxes).
Open IP, currency account. Look at the patent taxation system (there is a calculator for each region). Or the USN (as far as I remember, only 6% tax).
Draw up such an agreement so that something like “the receipt of funds is an act of acceptance” is written in it (check this point with lawyers / accountants, they will help).
Get yourself some kind of Elba and sleep peacefully.
By default, I have a withdrawal to Paypal, because. Upwork sends money forcibly every 3 months, sometimes it’s not profitable to send money directly to the bank when you see that the ruble is making another rally, then when you need to send it to a bank account, it takes 2-3 days.
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