Transfer Payoneer to Bkash in Bangladesh: 2026 Guide

Last Updated: January 15, 2026

Introduction

When I first started freelancing in Bangladesh, I was excited about the prospects of earning in foreign currencies. However, one of the biggest hurdles I faced was figuring out how to access my earnings. I remember the frustration of trying to navigate various payment systems, especially since PayPal doesn’t work in Bangladesh. After some trial and error, I discovered Payoneer, which became my go-to payment solution. Fast forward to now, and I’ve successfully transferred funds from Payoneer to Bkash multiple times. If you're a Freelancer in cities like Dhaka, Chittagong, or Sylhet, understanding how to transfer funds from Payoneer to Bkash can significantly streamline your financial management.

Understanding Payoneer and Bkash

Before diving into the transfer process, let’s establish why both Payoneer and Bkash are essential tools for Bangladeshi freelancers.

Why Payoneer?

Payoneer is a global payment platform that allows freelancers to receive payments from clients around the world. Here’s why I chose Payoneer:

• Global Reach: Payoneer supports payments from various platforms like Upwork, Fiverr, and even direct clients.
• Convenience: With Payoneer, I can withdraw my earnings in USD and convert them into BDT when needed.
• Low Fees: Compared to traditional banks, Payoneer offers competitive withdrawal fees.

For instance, when I first withdrew $1,000 from Payoneer, the fee was about $30—much better than the bank fees I faced previously.

Why Bkash?

Bkash is a popular mobile financial service in Bangladesh, making it incredibly convenient to manage and transfer money. Here’s what I love about Bkash:

• Accessibility: Bkash agents are available in almost every corner of Bangladesh, making cash withdrawals easy.
• Instant Transfers: Transferring money through Bkash is almost instantaneous, which is crucial when you need cash quickly.
• User-Friendly App: The Bkash app is intuitive, allowing me to send and receive money with just a few taps.

When I compare the BDT salaries for local jobs—around 25,000 BDT monthly for many office roles—my ability to earn in USD has changed my financial landscape dramatically.

Steps to Transfer from Payoneer to Bkash

Now, let’s get into the nitty-gritty of transferring your funds. Here’s how I do it, step by step.

Step 1: Withdraw from Payoneer to Your Local Bank

Before you can transfer your money to Bkash, you'll need to withdraw it from Payoneer to your local bank account. Here’s how:

1. Log into your Payoneer account.
2. Navigate to the "Withdraw" section.
3. Select "To Bank Account."
4. Choose your bank. I personally use DBBL, which works seamlessly with Payoneer.
5. Enter the amount you wish to withdraw and confirm the transaction.

Step 2: Transfer Funds from Your Bank to Bkash

Once the funds are in your bank account, you can transfer them to Bkash. Here’s how to do it:

1. Go to your bank’s online banking platform.
2. Select the option to send money.
3. Enter Bkash's merchant number. You can find this number in the Bkash app under the "Send Money" section.
4. Enter the amount you want to transfer and confirm the transaction.

Again, I typically use DBBL for this, and the transfer is instant.

Step 3: Withdraw from Bkash

Once the funds reach your Bkash account, you can withdraw them as cash from any Bkash agent. Just:

1. Open the Bkash app.
2. Select "Cash Out."
3. Choose a nearby agent from the app.
4. Confirm the amount and take your ID for verification.

I recall the first time I did this; I was relieved to see my funds available instantly. It took me less than 10 minutes from my bank to the Bkash agent.

My Experience with Payoneer and Bkash

Reflecting on my journey, I remember the early days when I struggled to get my payments. I had once waited over a week for a bank transfer to clear, which caused unnecessary stress. It was during this time that I discovered Payoneer, and it changed everything.

By using Payoneer, I could receive payments faster. I remember the first time I transferred $500 from Payoneer to Bkash. The entire process—from withdrawing to cashing out—took me less than 5 days! This efficiency allowed me to reinvest in my freelancing setup, like upgrading my laptop for better performance.

Moreover, I’ve helped over 500 Bangladeshis start their freelancing journey, and many have benefited from using Payoneer alongside Bkash. They were initially hesitant, but seeing the ease with which I managed my funds encouraged them to take the plunge.

Practical Tips for Successful Transfers

Here are some actionable tips I’ve learned over the years that can help streamline your Payoneer to Bkash transfers:

• Keep Your Documents Ready: Always have your ID and bank account details handy when making transfers.
• Use Payoneer’s Customer Service: If you face any issues, don’t hesitate to contact Payoneer’s support; they are quite helpful.
• Monitor Exchange Rates: Keep an eye on the USD to BDT exchange rates. Sometimes, waiting a day or two can save you a significant amount.
• BASIS Registration: Ensure you are BASIS registered to enjoy the full benefits of freelancing in Bangladesh, including tax exemptions.
• Tax Considerations: Be aware of any tax obligations with the NBR. Keeping records of your earnings will help you during tax season.

Conclusion

Transferring money from Payoneer to Bkash in Bangladesh doesn’t have to be a daunting task. With the right knowledge and a few simple steps, you can manage your freelance earnings efficiently. I’ve walked this path, faced the challenges, and now I can confidently say that the combination of Payoneer and Bkash has been a game-changer for me and many other freelancers in Bangladesh.

I encourage you to take these steps, experiment with the process, and soon enough, you’ll be managing your funds like a pro. Remember, the journey to financial freedom through freelancing is within your reach!