Reviewed and updated April 2026 by Rahim Ahmed (FDH editorial team). Data verified against official sources and real-world testing.
Withdraw Money from Truelancer in Bangladesh: A Guide
Rahim Ahmed
Published: April 06, 2026 7 min read
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Last Updated: January 15, 2026
TL;DR (Quick Summary)
This guide covers everything you need to know about how to withdraw money from truelancer in bangladesh. Includes practical steps and tips for Bangladeshi freelancers.
How to Withdraw Money from Truelancer in Bangladesh
Payment Methods: Bangladesh
Recommended:Wise (recommended)
Also available: bKash, Nagad, Bank Transfer
When I first started freelancing, I remember the excitement of landing my first job on Truelancer. It was a small graphic design project worth $50, and I couldn’t wait to get paid. However, when it came time to withdraw my hard-earned money, I faced a challenge that many Bangladeshi freelancers encounter: navigating the banking landscape to access those funds. If you’re like me, living in Bangladesh and working on platforms like Truelancer, you might be wondering how to withdraw your earnings efficiently. Let me walk you through the process, sharing my personal experiences along the way.
Understanding Truelancer Withdrawals
Truelancer is an excellent platform for freelancers in Bangladesh. It’s user-friendly and offers a wide range of job categories, from writing to design. But the real question is, how do you get your money from Truelancer to your local bank account?
Withdrawal Methods
Payoneer: This is the most recommended method for Bangladeshi freelancers since PayPal does not operate here. Payoneer offers a seamless way to withdraw money from Truelancer.
Bank Transfers: Some banks allow direct transfers, but they often come with hefty fees and delays.
Local Payment Processors: Various services can help you convert your funds, but they may not always be reliable.
Let’s dive into how you can withdraw money specifically to some popular Bangladeshi banks.
If you’re currently using Payoneer, you might want to consider switching to Wise, which offers lower fees — saving you approximately ৳1,200 per $1,000 withdrawn compared to Payoneer.
Withdrawing to BRAC Bank
To withdraw funds from Truelancer to your BRAC Bank account, follow these steps:
Log into your Truelancer account.
Navigate to ‘Withdraw’ and select Payoneer as your withdrawal method.
Link your Payoneer account if you haven’t already done so.
Request a withdrawal specifying your desired amount. Payoneer transfers typically take 2-3 business days.
Withdraw from Payoneer to BRAC Bank: Once the money is in your Payoneer account, you can transfer it to your BRAC Bank account.
I remember the first time I withdrew to BRAC Bank; it took about three days, and I received BDT 4,250 for a $50 job after conversion fees.
Withdrawing to City Bank
The process is similar if you choose City Bank:
Log into Truelancer and select Payoneer.
Request your withdrawal.
Transfer from Payoneer to City Bank. The same 2-3 business day timeframe applies.
In my experience, City Bank is reliable but may charge a slightly higher fee for international transfers.
Withdrawing to Eastern Bank Limited (EBL)
Withdrawing to EBL involves these steps:
Go to Truelancer and select Payoneer.
Initiate the withdrawal.
Transfer to EBL. The time frame remains the same, and fees are typically comparable to other banks.
I had a friend who faced issues with EBL once, but it turned out to be a minor glitch on the bank’s end.
Withdrawing to United Commercial Bank (UCB)
For UCB, the withdrawal process looks like this:
Access your Truelancer account.
Choose Payoneer for withdrawal.
Transfer to UCB.
The experience has been smooth for me, and I’ve found UCB to have good customer service, which is crucial when you face any issues.
Withdrawing to Prime Bank
Lastly, if you’re using Prime Bank:
Log into Truelancer.
Select Payoneer as your withdrawal method.
Initiate the transfer to your Prime Bank account.
In my case, Prime Bank was excellent in processing my funds quickly. I’ve noticed that some banks can take longer than others, so it’s worth checking with your bank ahead of time.
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My Experience with Withdrawals
When I first started withdrawing my earnings, I faced a few hurdles. I remember one particular withdrawal where I was waiting for over a week because I used a lesser-known local payment processor, thinking it would save me money. I ended up losing more due to hidden fees and poor communication.
In my experience, Wise not only streamlines the withdrawal process but also provides transparency in fees. Unlike Payoneer, which can charge you high fees for USD transactions, Wise makes it easier to manage your funds in a cost-effective way. If you want to maximize your earnings from platforms like Truelancer, it’s worth exploring Wise for efficient money management.
When it comes to withdrawing money from Truelancer, I highly recommend considering Wise for receiving USD. Not only does it allow you to withdraw your earnings directly to your bKash or local bank account, but the fees are significantly lower than Payoneer. For instance, you can save around ৳1,200 for every $1,000 you receive compared to using Payoneer.
Additionally, while working as a freelancer, I realized the importance of securing my online activities. Using a VPN like NordVPN not only protects your data but also allows you to access services that might be restricted in Bangladesh. It’s crucial for maintaining privacy and security, especially when managing your finances online. Consider enhancing your online safety by using NordVPN while you work on Truelancer.
As I navigated the withdrawal process, I discovered that using a reliable service like Wise can make international transfers smoother. With Wise, you can send money at the real exchange rate and with lower fees, often around 0.5% to 1% compared to traditional banks. This means more of your hard-earned BDT reaches your local account. Try Wise for free and experience the ease of transferring your earnings.
After that experience, I decided to stick with Payoneer. Not only do they offer reliable service, but they also have a $25 bonus for new users that you can use to offset initial fees. Withdrawing has since become a straightforward process. Now, I can easily transfer my funds to banks like DBBL or MCB without worrying about delays.
Practical Tips for Bangladeshi Freelancers
Use Payoneer: Since PayPal is not an option, Payoneer is the best choice for Bangladeshi freelancers. It’s easy to set up, and their integration with Truelancer is seamless.
Choose Your Bank Wisely: I recommend banks like BRAC, City Bank, and UCB, which have good international transfer facilities. Always check their fees for incoming foreign currency.
Be Aware of Fees: Each bank has its own fee structure. Make sure you understand how much you’ll receive after conversion and withdrawal fees.
Consider Currency Conversion: Keep in mind that currency fluctuations can affect how much you receive in BDT.
Stay Informed: Regulations around freelancing and taxes can change. Staying updated will save you from unexpected surprises.
Join a Community: Engaging with other freelancers can provide insights and tips that are invaluable. I found my local BASIS community to be incredibly supportive.
Document Everything: Keep records of your earnings and withdrawals for tax purposes. As a BASIS registered Freelancer, I have to report my income to the NBR, and good documentation makes this easier.
Next Steps
If you’re just starting out on Truelancer or any other freelance platform, I recommend you set up your Payoneer account as soon as possible. It will save you a lot of time and potential headaches. Also, pick a reliable bank that meets your needs.
As you build your freelance career, remember to take advantage of the resources available to you, whether it’s online forums, local workshops, or guidance from experienced freelancers. Freelancing can be a rewarding journey, and with the right tools and knowledge, you can navigate it successfully.
In conclusion, withdrawing money from Truelancer in Bangladesh is straightforward when you use Payoneer and choose a reliable bank. It’s all about understanding the process and being aware of your options. I hope my experiences and tips will help you on your freelancing journey. Happy earning!
Freelancing Platform Comparison
Platform
Commission
Popularity in BD Best For
Fiverr 20% Very High
Design, Writing
Upwork 10-20% High Web Development
Freelancer 10% Medium
Various projects
Key Points
Freelancing from Bangladesh is completely legal and safe
Payoneer is the most popular payment method
DBBL and BRAC Bank offer the fastest transfers
Fiverr is the best platform for beginners
Disclaimer: This article is for informational purposes only. Payment platform terms, fees, and exchange rates change frequently. Always verify current information directly with the payment provider. We are not financial advisors and this is not financial advice.
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Frequently Asked Questions
How much can I earn from freelancing in Bangladesh?
Bangladeshi freelancers typically earn $500 to $5000+ monthly depending on skills and experience.
Why doesn’t PayPal work in Bangladesh?
PayPal hasn’t officially launched in Bangladesh. Use Payoneer instead - it works with all major platforms.
What do I need to start freelancing?
You need a computer, internet, a skill, Payoneer account, and profiles on Fiverr or Upwork.
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Rahim Ahmed
Bangladeshi Freelancer & Digital Earning Expert
Rahim is a top-rated freelancer from Dhaka helping Bangladeshis navigate the world of online earning and remote work.
Sources & further reading
For more depth on these topics, these authoritative sources are worth bookmarking:
- Google SEO Starter Guide — authoritative reference.
- Search Engine Journal — authoritative reference.
- Ahrefs Blog SEO — authoritative reference.
Last verified April 2026.