Payoneer to AB Bank Transfer in Bangladesh (2026) Guide

Last Updated: January 15, 2026

Getting Payments from Payoneer to AB Bank in Bangladesh: My Journey

When I first started my freelancing journey back in 2018, I remember the excitement of receiving my first payment. I had just completed a project on Upwork, and the amount—$200—felt like a small fortune to me. However, that excitement quickly turned into confusion when I faced the challenge of transferring those funds to my local bank in Bangladesh. At that time, PayPal didn’t work in Bangladesh, and I had to find a viable solution. Fast forward to 2026, and the process has become much smoother, especially with Payoneer and AB Bank.

In this article, I’ll share my experiences and practical advice on how to efficiently transfer funds from Payoneer to AB Bank, as well as alternative options like Wise. If you’re a Bangladeshi Freelancer navigating the world of online payments, you’re in the right place!

Understanding Payoneer for Bangladeshi Freelancers

Payoneer has become the go-to payment solution for freelancers in Bangladesh. Unlike PayPal, which doesn’t operate here, Payoneer allows us to receive payments from clients worldwide and then transfer them to local banks. Here’s how it works:

• Receive Payments: You can receive payments from various platforms like Fiverr, Upwork, and direct clients in multiple currencies.
• Withdraw Funds: Once the funds are in your Payoneer account, you can withdraw them to Bangladeshi banks like AB Bank, DBBL, MCB, and UBL.

One of the standout features of Payoneer is the option to withdraw your earnings directly to your bank account in BDT. This has made it much easier for freelancers like me to manage and access our funds.

Linking AB Bank to Payoneer

To successfully transfer funds from Payoneer to AB Bank, you first need to link your AB Bank account to your Payoneer account. Here’s how I did it:

1. Log in to Payoneer: Go to the Payoneer website and log in to your account.
2. Navigate to Settings: Click on the “Settings” tab, then go to “Bank Accounts.”
3. Add a New Bank Account: Choose “Add a Bank Account” and select Bangladesh from the dropdown menu.
4. Input Details: Fill in your AB Bank account details, including your account number and the bank’s SWIFT code (which is ABBLBDDH).
5. Verification: Payoneer may require some verification, so be prepared to provide any additional information they may need.

Once your account is linked, transferring funds becomes a breeze.

Transferring Funds from Payoneer to AB Bank

Now that you’ve linked your AB Bank account to Payoneer, let’s discuss the actual transfer process. Here’s a step-by-step guide based on my experience:

1. Log into Payoneer: Start by logging into your Payoneer account.
2. Go to Withdraw: Click on “Withdraw” and select “To Bank Account.”
3. Choose Your Bank Account: Select your AB Bank account from the list of linked accounts.
4. Enter Amount: Specify the amount you wish to withdraw. Keep in mind that Payoneer has a withdrawal fee, which is generally around $3, depending on the amount and currency.
5. Confirm Transaction: Review the transaction details and confirm the transfer.

Timeframe and Fees

One of the things I appreciate about Payoneer is the speed of transactions. Typically, funds take about 2-3 business days to reach your AB Bank account. Here’s a breakdown of the costs involved:

• Withdrawal Fee: Approximately $3 (around BDT 300)
• Exchange Rate: Payoneer applies a conversion fee, which can be about 2% over the mid-market rate.
• Minimum Withdrawal Amount: The minimum is usually $50 (around BDT 5,000).

These fees are considerably lower than what I faced when I first started freelancing, making it more profitable for us Bangladeshi freelancers.

Considering Wise for Transfers to AB Bank

While Payoneer is an excellent option for receiving payments, some freelancers also consider Wise (formerly TransferWise) for transferring funds. Wise is particularly useful if you need to send money internationally or if you want to convert currencies at more favorable rates.

Here’s how Wise can work alongside your Payoneer account:

1. Transfer from Payoneer to Wise: You can withdraw funds from Payoneer to your Wise account.
2. Convert Currency: Wise often offers better exchange rates compared to traditional banks, allowing you to save money on conversions.
3. Transfer to AB Bank: Finally, you can transfer the converted amount from Wise to your AB Bank account.

The transfer time through Wise can be as fast as 1-2 business days, which is comparable to Payoneer. However, be aware of the fees involved, which can vary based on the currencies involved.

My Experience: Challenges and Triumphs

Throughout my freelancing career, I’ve faced my fair share of challenges. One such instance was when I tried to withdraw funds to a local bank that wasn’t linked to Payoneer. I learned the hard way that having the right bank account is crucial. After several failed attempts and unnecessary delays, I finally switched to AB Bank, which turned out to be the best decision I made.

AB Bank offers efficient service, and their customer support was incredibly helpful when I had questions about the withdrawal process. I also found that their ATM services made it easier to access my funds whenever I needed them.

I’ve now successfully transferred over $50,000 to my AB Bank account, and I can confidently say that the process has become smoother over the years.

Practical Tips for Bangladeshi Freelancers

Here are some actionable tips to help you navigate the payments landscape as a Bangladeshi freelancer:

• Choose the Right Bank: Make sure you select a bank that collaborates well with Payoneer for seamless transactions. AB Bank, DBBL, and MCB are good options.
• Stay Informed on Fees: Keep track of any withdrawal fees and currency conversion rates to maximize your earnings.
• Use Payoneer for Most Transactions: Since PayPal is not an option, rely on Payoneer for receiving payments and transferring to your local bank.
• Consider Wise for International Transfers: If you need to send money abroad or convert currencies, Wise can be a better option for lower fees and better rates.
• BASIS Registration: If you’re a freelancer, consider registering with BASIS. This can provide you with additional resources and networking opportunities.

Next Steps and Conclusion

As a freelancer in Bangladesh, finding the right payment solution can truly impact your financial journey. Payoneer has been a game-changer for me, allowing me to receive payments reliably and transfer them to my AB Bank account with ease.

If you haven’t already, I highly recommend setting up a Payoneer account and linking it to AB Bank. As a bonus, new users can enjoy a $25 reward when they receive their first payment!

With the right tools and knowledge, financial freedom is within reach. Embrace the world of freelancing, and don’t let payment challenges hold you back. Remember, you’re not alone in this journey; we’re all in it together, striving for success.