Withdraw Money from Truelancer in Bangladesh: A Guide

Last Updated: January 15, 2026

How to Withdraw Money from Truelancer in Bangladesh

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?

1. 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.

1. Bank Transfers: Some banks allow direct transfers, but they often come with hefty fees and delays.

1. 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.

Withdrawing to BRAC Bank

To withdraw funds from Truelancer to your BRAC Bank account, follow these steps:

1. Log into your Truelancer account.
2. Navigate to 'Withdraw' and select Payoneer as your withdrawal method.
3. Link your Payoneer account if you haven't already done so.
4. Request a withdrawal specifying your desired amount. Payoneer transfers typically take 2-3 business days.
5. 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:

1. Log into Truelancer and select Payoneer.
2. Request your withdrawal.
3. 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:

1. Go to Truelancer and select Payoneer.
2. Initiate the withdrawal.
3. 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:

1. Access your Truelancer account.
2. Choose Payoneer for withdrawal.
3. 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:

1. Log into Truelancer.
2. Select Payoneer as your withdrawal method.
3. 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.

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.

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

1. 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.

1. 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.

1. 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.

1. Consider Currency Conversion: Keep in mind that currency fluctuations can affect how much you receive in BDT.

1. Stay Informed: Regulations around freelancing and taxes can change. Staying updated will save you from unexpected surprises.

1. 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.

1. 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!

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