Best Way to Withdraw From 99designs Bangladesh (2026)

Last Updated: January 15, 2026

A Journey of Withdrawal: My Experience with 99designs

When I first discovered 99designs, I was both excited and apprehensive. As a Freelancer from Bangladesh, I was eager to tap into the global market for design work, especially since I had already experienced the power of platforms like Fiverr and Upwork. I remember my first project on 99designs vividly; I won a logo design contest and earned $300. But then came the challenge of withdrawing that money. Would I be able to access my hard-earned cash in Bangladesh? Would I face the same obstacles that often plague freelancers in our region?

After some research and experimentation, I found the best way to withdraw from 99designs, and I’m here to share my experience with you.

Understanding 99designs Withdrawal Options

99designs offers several payment options, but the best and most reliable way for Bangladeshi freelancers is through Payoneer. You might be familiar with PayPal, but unfortunately, it doesn’t work in Bangladesh. Thus, Payoneer becomes our lifeline for receiving payments from international platforms like 99designs.

Payment Methods Available on 99designs

Here are the withdrawal methods available on 99designs and how they compare for us Bangladeshi freelancers:

• PayPal: Not an option for us, as it is not available in Bangladesh.
• Payoneer: The most efficient choice. It allows you to withdraw your earnings directly to Bangladeshi banks like DBBL, MCB, UBL, or Meezan.
• Wire Transfer: This can be slow and may incur high fees, making it less favorable.

Payoneer stands out because it integrates seamlessly with 99designs. Once you connect your Payoneer account, you can withdraw your funds with just a few clicks.

How to Set Up Payoneer for 99designs Withdrawals

Setting up Payoneer is straightforward. Here’s a step-by-step guide:

1. Create a Payoneer Account: Sign up on the Payoneer website. You may need to provide identification and banking details.
2. Link Payoneer with 99designs: In your 99designs account settings, navigate to the payment methods section and choose Payoneer.
3. Withdraw Funds: Once you have funds in your 99designs account, select the option to withdraw to Payoneer.
4. Transfer to Bangladeshi Bank: After the funds arrive in your Payoneer account, withdraw them to your local bank account, like DBBL or MCB.

My personal experience with Payoneer has been mostly positive. Initially, it took about 3-5 business days for funds to transfer from 99designs to my Payoneer account. But after that, transferring to my local bank was almost instantaneous.

Banking and Currency Considerations

As a Bangladeshi freelancer, it’s crucial to understand how currency conversion and banking fees impact your earnings. When I first started withdrawing from international platforms, I faced unexpected deductions due to currency conversion fees and bank charges. Here’s what I learned:

Understanding Currency Conversion

When withdrawing funds:

• Exchange Rate: Payoneer typically offers a competitive exchange rate, but always check to compare with local bank rates.
• Bank Fees: Banks like DBBL and UBL often charge around BDT 200-500 for international transfers.
• Withdrawal Limits: Some banks may impose limits on how much you can withdraw from your Payoneer account at once.

For example, if you withdraw $300, the conversion at a rate of BDT 105 per dollar will give you about BDT 31,500. After bank fees, you might end up with around BDT 31,000. Knowing this will help you plan better and avoid surprises.

Tax Considerations for Freelancers

As a BASIS-registered freelancer, it's essential to be aware of tax obligations. The National Board of Revenue (NBR) in Bangladesh has guidelines regarding freelance income.

• Tax Registration: Ensure you are registered with NBR to avoid penalties.
• Income Tax: Freelancers are typically taxed at a rate of 10-15%, depending on your total income.
• Documentation: Maintain records of your earnings and transactions for tax filing.

I learned this the hard way when I faced penalties for not being aware of my tax obligations during my initial freelancing years.

My Experience: Learning the Ropes

When I began my freelancing journey, I was naïve about many aspects, especially regarding money management. I remember my first withdrawal from 99designs. I was thrilled to see that $300 in my account, but the reality of withdrawing it was eye-opening.

I initially opted for wire transfer, thinking it would be straightforward. However, after a week of waiting, I was hit with high fees and an unfavorable exchange rate. It was a frustrating experience that taught me to prioritize Payoneer for future withdrawals.

Through trial and error, I learned that patience and thorough research are key. Each withdrawal became a lesson, and I soon discovered the best practices to minimize fees and maximize my earnings.

Practical Tips for Successful Withdrawals

To ensure your experience withdrawing from 99designs is smooth and beneficial, consider the following tips:

• Use Payoneer: Always opt for Payoneer for its convenience and reliability.
• Stay Informed: Keep track of currency rates and bank fees before withdrawing.
• Plan for Taxes: Be proactive about your tax status and keep records of your earnings.
• Build a Relationship with Your Bank: Speak to your bank about their policies regarding international transfers and any fees.
• Network with Other Freelancers: Join online communities of Bangladeshi freelancers to share experiences and tips.

Next Steps for Bangladeshi Freelancers

If you’re a Bangladeshi freelancer looking to withdraw from 99designs or any other platform, start by setting up your Payoneer account if you haven’t already. Make sure to link it with your 99designs account and familiarize yourself with the withdrawal process.

Remember, the key to successful freelancing is not just about getting clients; it’s also about managing your money effectively. With the right strategies, you can maximize your earnings and achieve financial freedom.

In conclusion, withdrawing from 99designs in Bangladesh may seem complicated at first, but with the right tools and knowledge, it becomes a straightforward process. I hope my experiences and tips help you navigate your freelancing journey with confidence. Let’s continue to support each other as we build a thriving freelance community in Bangladesh!