Payoneer is a foreign payment institution that mainly provides MasterCard credit cards and bank collection accounts in the United States, Europe and other places. It is especially suitable for users with a large number of collections. Payoneer provides users with bank collection accounts in the United States and other places for free, which can be used directly to receive U.S. dollar transfers from foreign companies. At the same time, Payoneer supports withdrawals to China without occupying foreign exchange quota.
The whole process of Paypal withdrawal to domestic banks through Payoneer - New Paypal balance withdrawal method
It has always been inconvenient to withdraw Paypal balances to domestic banks. The official method has always been wire transfer. Unfortunately, the handling fee is too expensive. Regardless of whether it is successful or not, Paypal charges a handling fee of US$35 for a single wire transfer to the country. In China, different banks may charge additional fees.