Exercise 2
Exercise 2
Exercise 2
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™
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$.