Reviewed and updated April 2026 by Rahim Ahmed (FDH editorial team). Data verified against official sources and real-world testing.
Withdraw Money from Upwork in Bangladesh: Easy Guide
Rahim Ahmed
Published: April 06, 2026 7 min read
This article contains affiliate links. We may earn a commission at no extra cost to you.
Last Updated: January 15, 2026
TL;DR (Quick Summary)
This guide covers everything you need to know about how to withdraw money from Upwork in bangladesh. Includes practical steps and tips for Bangladeshi freelancers.
How to Withdraw Money from Upwork in Bangladesh
Payment Methods: Bangladesh
Recommended:Wise (recommended)
Also available: bKash, Nagad, Bank Transfer
When I first started my freelancing journey on Upwork, the excitement of landing my first client was undeniable. I had finally stepped into a world where I could earn in USD instead of the local BDT. However, the thrill quickly turned into confusion when it came time to withdraw my earnings. Back then, I had no idea how to get my hard-earned money from Upwork to my bank account in Bangladesh. After some trial and error, I figured it out and I’m here to share my experience with you.
As freelancers in Bangladesh, we face unique challenges, especially when it comes to payment methods. With PayPal not available for us, I discovered that Payoneer is the best solution for withdrawing money from Upwork. In this guide, I’ll explain how you can withdraw money from Upwork to various banks in Bangladesh, including BRAC Bank, City Bank, Eastern Bank Limited (EBL), United Commercial Bank (UCB), and Prime Bank.
While Payoneer is a common option, I encourage you to consider Wise as a more cost-effective solution for receiving your Upwork payments.
Setting Up Your Upwork and Payoneer Accounts
Before diving into the withdrawal process, let’s make sure you have everything set up correctly.
Sign Up on Upwork: Create your Upwork account if you haven’t already. Make sure to complete your profile and get verified.
Register with Payoneer: Go to the Payoneer website and sign up for an account. Once you are approved, you will receive a Payoneer prepaid Mastercard.
Link Upwork to Payoneer: In your Upwork account settings, navigate to the “Get Paid” section. Select Payoneer as your payment method. You’ll need to enter your Payoneer account details.
After linking your accounts, it usually takes about 1-3 business days for Upwork to process your payment to Payoneer.
Withdrawing Money to BRAC Bank
BRAC Bank is one of the most popular banks for freelancers in Bangladesh. Here’s how to withdraw your funds:
Log in to your Payoneer account.
Click on “Withdraw” and select “To Bank Account.”
Choose your BRAC Bank account from the list or add it if you haven’t done so.
Enter the amount you wish to withdraw and confirm the transaction.
The withdrawal process typically takes 2-5 business days. For example, if I withdrew $500, the amount would be converted to around BDT 53,000 (based on an exchange rate of 106 BDT to 1 USD), which I could access in a few days.
Withdrawing Money to City Bank
If you have an account with City Bank, the process is similar:
Log in to Payoneer.
Select “Withdraw” and then “To Bank Account.”
Choose your City Bank account.
Enter the amount and confirm.
City Bank is known for its quick processing, often completing transactions within 1-3 business days.
Withdrawing Money to Eastern Bank Limited (EBL)
EBL has a solid reputation among freelancers. To withdraw money:
Access your Payoneer account.
Click on “Withdraw” and select “To Bank Account.”
Choose your EBL account.
Specify the amount and confirm.
The withdrawal timeframe is similar to that of BRAC Bank, generally taking 2-5 business days.
Withdrawing Money to United Commercial Bank (UCB)
As a Freelancer, UCB offers a reliable way to access your funds:
Log into Payoneer.
Click on “Withdraw” and choose “To Bank Account.”
Select UCB from your linked accounts.
Enter the amount and confirm.
UCB also takes about 2-5 business days for processing.
Withdrawing Money to Prime Bank
If you’re banking with Prime Bank, the steps are as follows:
Open your Payoneer account.
Click on “Withdraw” and select “To Bank Account.”
Choose your Prime Bank account.
Enter the amount and confirm your transaction.
Like the others, expect this to take around 2-5 business days.
Open Wise Account — First Transfer FREE
Save on international transfers. Used by 16M+ people.
Verified April 2026★★★★★Verified April 2026★★★★★
My Experience: Overcoming Challenges
I remember my first withdrawal from Upwork. After finishing a project, I was eager to access my earnings. I initiated a transfer of $300 to my Payoneer account, which took about three business days. Once the money was in Payoneer, I quickly withdrew it to my BRAC Bank account. I was thrilled when I saw the BDT equivalent deposited—around 31,800 BDT.
For those who are just starting their freelancing journey, ensuring you have a reliable method to receive payments is crucial. I highly recommend using Wise, as it not only offers lower fees than Payoneer but also allows you to easily withdraw your earnings to local banks or mobile money services like bKash. This convenience can make a significant difference in managing your finances effectively. Consider Open Wise Account Free — Experience Seamless Withdrawals for your Upwork earnings.
In my experience, while Payoneer has been a popular choice among many freelancers for withdrawing their Upwork earnings, I found a cheaper alternative in Wise. With Wise, you can save up to ৳1,200 for every $1,000 you receive compared to Payoneer. This means more money in your pocket, which is essential for freelancers looking to maximize their earnings. I recommend you Open Wise Account Free — Save ৳1,200 per $1,000 and withdraw directly to your bKash or Nagad account.
One of the best ways to ensure your earnings from Upwork are handled smoothly is by using services like Wise for international transfers. With Wise, you can convert your USD to BDT at a competitive exchange rate, often saving you money compared to traditional banks. I’ve found it incredibly efficient, and you can start using it for free. Try Wise for free and see how it can simplify your withdrawals.
However, the journey wasn’t entirely smooth. There were times when I faced delays, and I had to contact Payoneer’s customer service. They were quite helpful, but I realized the importance of keeping track of transaction times.
Another hurdle was understanding the currency exchange rates. Fluctuations can affect how much BDT you ultimately receive. I learned to keep an eye on the rates, especially during times of economic shifts in Bangladesh.
Practical Tips for Successful Withdrawals
Here are some actionable tips based on my experience:
Choose the Right Bank: Not all banks process payments the same way. Do your research on which bank gives you the best rates and fastest processing times.
Keep Track of Fees: Payoneer charges fees for withdrawals. Make sure to check their fee structure so you know how much you’ll actually receive.
Have a Backup Plan: Sometimes, transactions can get delayed. Always have alternate payment methods or accounts ready.
Stay Informed: The financial landscape can change rapidly. Keep yourself updated on any changes in withdrawal processes or bank policies.
Next Steps
If you’re just starting out on Upwork, make sure to set up your Payoneer account as soon as possible. Aim to build a strong Upwork profile to attract clients and maximize your earning potential.
Once you start receiving payments, regularly monitor your withdrawal transactions to ensure everything is functioning smoothly. If something feels off, don’t hesitate to reach out to customer service—either from Upwork or Payoneer.
In conclusion, withdrawing money from Upwork in Bangladesh can be straightforward if you know the right steps. With Payoneer as your payment solution, you can successfully transition your earnings into your local bank account seamlessly. Remember, the road may have bumps, but with patience and persistence, you can achieve financial freedom through freelancing.
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
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.
Learn New Skills on Udemy
200,000+ courses. Start learning today.
Verified April 2026★★★★★Verified April 2026★★★★★
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.
Related Articles
R
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:
- Upwork Freelance Forward Report — authoritative reference.
- Statista Freelance Market — authoritative reference.
- McKinsey Future of Work — authoritative reference.
Last verified April 2026.