I do some Amazon affiliate work and needed a European bank account for Euro transfers. Right now, I receive payments in USD and pay the $29 annual service fee to Payoneer.
Since I’ll also be receiving small amounts in Euros now, will I have to pay an additional €29 service fee for that account, or does the existing fee cover both currencies?
The Euro account doesn’t have the $3 monthly fee that Payoneer applies to USD receiving accounts.
As for the $29 annual service fee, I’m not 100% sure. It might still apply since it’s an account maintenance fee. You may want to check with Payoneer support to confirm.