Payoneer cards have been banned in Belarus. Payoneer Card: Pros and Cons

Working on foreign freelance exchanges, as well as directly with clients living in other countries, is always associated with a number of difficulties. First of all, financial in nature. Because you need to immediately decide for yourself the question of how to withdraw your earned money as efficiently and safely as possible. The solution suggested itself: it was necessary to create a banking product that would solve the everyday problems of freelancers around the world. So, in 2005, the Payoneer payment service appeared (in Russian it is often called “Pioneer” or “Pioneer”).

At the Pioneer payment system more than 2000 partners all over the world who pay directly to the card account!

Currently, a bank card from Paoneer is a universal means of payment that allows you to quickly carry out the process of paying earned money to freelancers. Plastic can be used to withdraw money worldwide from any ATM. In addition, you can pay with it in regular stores and online. For Russian freelancers, this solution is a real godsend, since it allows them to receive payments from American companies directly, as well as work with the largest freelance exchanges on the planet. In this case, there is no need to report to the state about the presence of a deposit abroad. The only negative is the commissions, but they can be leveled out, since earnings abroad, as a rule, are much higher, and this circumstance will help recoup most of the service costs.

These are commissions for replenishment transactions only from the Payoneer payment system (they will be debited from the recipient of the money).

Payoneer has implemented a cool feature for transferring payment to you for your work - the ability bill. This invoice can be sent, for example, by e-mail to the customer or employer. These can be both companies and individuals.

How to top up Payoneer by paying an invoice (the customer chooses the most optimal option for him from the proposed ones):

• from a bank card ( commission 3% , limit 2000$ for the operation);
• transfer from your bank account via Global Payments Service ( There is no commission for EUR (SEPA transfers), but for USD (ACH transfers) it is 1% , no limits);
• electronic check ( for US residents - 1% and limit 5000$ for the operation).

You can also pay any service to a supplier or customer directly from Payoneer by selecting the " Make a Payment“, indicating his E-mail as the recipient, even if the recipient does not yet have an account in Payoneer. After registration he will receive this payment. This transaction will no commission.

What is Global Payment Service?

For transfers from the USA

If previously interaction with the payment system was carried out directly through the company’s partners, because only they had the opportunity to top up Payoneer prepaid debit cards, then with the connection of the service US Payment Service(as mentioned just above) in 2012 you can now receive payments from any American company. Now they just need to send money by local bank payment through the system ACH (Automated Clearing House)- the largest clearing system in the United States.

Global Payment Service System

Global Payment Service: to an account in $ - ACH transfer (US interbank), account in euros - SEPA transfer (in euros).

Expanded possibilities US Payment Service. Significantly increased the geography of partners. Now you can receive money to your Payoneer account in euros (EUR) through SEPA (Single Euro Payments Area) from partners from the European Union and the European Economic Area (34 countries), from the UK and Ireland in pounds sterling (GBR) using BACS and FPS, Japan - in yen (JPY) according to Zengin. Since 2018, it has also become possible to receive money using the Chinese payment system CNAPS (China National Advanced Payment System) and in Canadian dollars through Canadian banks using EFT (Electronic Funds Transfer). In Australia - via BECS (Bulk Electronic Clearing System). The service is actively developing - more currencies and opportunities are promised in the near future.

As part of this opportunity, you can also issue an additional card for payments. In Euro. To perform this trick: through the support service, request the ability to accept payments in euros. And when will your euro account have more than 50 EUR, then a button will appear in your personal account Order Card, by which you can order an additional prepaid card Payoneer EUR.

It is important to note that local payment services of countries are used to make transfers, which avoids the use of the more expensive international Wire system. As a result, there are significant savings on commissions.

To issue an invoice and pay, it is enough to generate a payment order from your personal account and send it to your partner. This must be legal face. Transfers using this scheme between private individuals are prohibited.

If you do not have this option and it is limited, write to Payoneer support to enable this functionality. The system is the same - you are provided with bank account information to which you can transfer money. This account does not belong to you personally, but is linked to your account. It is common to everyone. All received money is distributed according to functional purpose and credited to the payee’s card account.

Payoneer and taxes in Russia

The most profitable way to withdraw rubles from Payoneer is at VTB and Alfa Bank ATMs!

In this case, we recommend looking for ATMs from VTB Bank that allow you to withdraw up to 100,000 rubles from “other people’s cards” per transaction. In the comments, people write that Raiffeisen ATMs can dispense up to 150 000 rubles (not checked!). Also, judging by the reviews, Alfa Bank can give you rubles at its ATMs using a Payoneer card ( from 200,000 to 450,000 rubles depending on the ATM model).

Information also appeared that since October 2017 up to 200,000 rubles can be withdrawn from ATMs " Tinkoff Bank" (Moscow). Withdrawal operation in rubles is carried out without commission. There is also information that you can withdraw money from Otkritie and Promsvyazbank up to 200,000 rubles.

For comparison (limits for withdrawing cash from “other people’s cards” at ATMs of other banks):

• Post Bank - up to 50,000 rubles per transaction;

Various ways to deposit and withdraw money from a Payoneer card. Relevance: 2018.

You can withdraw money from your account (not available for all!) to a bank account in Russia. The operation will be carried out in rubles. Commission: 2%. Interbank payment (from Russian partner banks). At the moment, payments in dollars are not made to Russian banks. Money comes from " Qiwi Bank» with the comment payment for provided services from Amazon.com, Inc. Private transfer, No VAT.

• Map directly replenish it is forbidden(C2C top-up is not possible).
• You can issue an invoice for payment to a specific person or company, send a link to it or via email to receive payment directly in different ways for the paying party: bank check(in USA), by bank card (commission 3%, limit $2000 per transaction) or transfer from a bank account via Global Payment System ( commission 1% in USD, EUR - 0%).
• You can “pull” money from the card, but only from those services for which it is not critical lack of 3DSecure according to Pioneer. A Payoneer card transaction will be processed as a regular card purchase, not counting the commission of third-party services.
• Transferring funds from one Payoneer card to another (may not be supported if there are restrictions from the partner or if funds have not been received in the standard way for a long time). The option is not available immediately, but after receiving payments in the “traditional way”.
• Private replenishment of Payoneer cards (bank cards of Russian banks can be used here). All transactions are carefully monitored; a payment may be refused (especially if it has not been replenished for a long time using the standard method - through partners or the US Payment Service). The commission fee is 3,75% and can be withheld from both the sender and the recipient.



Payment request» allows you to receive money from any customers around the world. Even from those who don't have a Payoneer account.

You can receive money on Payoneer by simply issuing an invoice (button " Payment Request"). In this case, the customer will not even need to be registered with Payoneer; he will have many opportunities to pay for your services or goods (via a payment card, bank transfer or electronic check).

• Top up from bank accounts located in the CIS, including through payment systems it is forbidden(including via SWIFT). However, through the system US Payment Service (by entering ACH information) you can top up your Payoneer balance through Skrill, PayPal and other services. In this case, the standard ACH fee is charged, equal to 1% of the transfer amount. For SEPA, BACS and Zengin commission not charged.
• You can receive money from any company registered in the US, UK, Japan and the European Union (euro area) by Global Payment Service. The commissions are the same as indicated in the paragraph above.
• You can release in addition to the main card in dollars and card with euro currency. To do this, you need to request from support the ability to accept payments in euros. After this, an item with the conversion of one currency into another will also appear in the “ Currency management«.
• You you can't link your Payoneer card to Paypal, registered on Russian resident
• There is no SMS notification, but you can download the official application from Google Play and AppStore to your gadget and monitor your balance.
• In stores or on the Internet, you can pay for something with a card no more than 9 times. The total limit is $2,500 (for purchases and withdrawals).
• With funds from Payoneer you can top up other bank cards. For example, through the service MoneySend. The card supports “pull” (that is, outgoing transaction: you can carry out the operation in the personal account of your bank, on whose card you want to receive funds).
• Payoneer debit may be blocked if no transaction is made on it within 6 months

  In the AdvCash system, you can issue both physical and virtual cards. And even link them to payment systems Google Pay, Samsung Pay. Cards with free service (payment only for issue).

To consider the issue of using payment cards and the Payoneer payment receiving service in the context of taxation, we will have to fully understand one of the most precarious aspects of freelancing, namely taxes and everything connected with them. We will try to give all the information available, and you will make the decision yourself.

The term “freelancing” does not have a clear equivalent in Russian, except for the bland “remote work”, which does not fully reflect the essence of the process. However, any freelancer who works remotely, communicating with a client via the Internet, becomes a “freelancer.” For some reason, many people believe that this type of employment is primarily the domain of IT specialists, although, in addition to programmers and designers, journalists and teachers also work remotely, and even doctors give consultations. The flywheel is gaining momentum and freelancing, which allows you to easily find employers around the world, is preferred by more and more people.

The specificity of freelancing, in addition to searching for orders on specialized exchanges, is that the employer transfers payment in any non-cash form that does not require personal contact. Moreover, any currencies, bank accounts, electronic wallets in various systems can be used - as agreed. Yes, and with all this, the relationship between the customer and the freelancer is not formalized in any way.

But what about freelance taxes? After all, sooner or later everyone will still have to think about this question. Receiving income involves entrepreneurial activity, on which taxes must be paid. However, there are a number of points here. Firstly, freelancing can be recognized as a business activity only if an individual receives income from it on a regular basis. Rare, one-time payments are not such.

Secondly, let’s be honest, at the moment, no effective methods for monitoring and collecting taxes from freelancing have been developed either in Russia (the site “All about Payoneer in Russia”), or in Ukraine, or in Kazakhstan. Everyone determines the work scheme independently, based on the specifics of the activity. The state, realizing that remote work implies an influx of funds into the country, and not vice versa, is not particularly active in the field of “hunting for freelancers.” Moreover, taxes are still collected from these funds directly and or indirectly.

However, you should always remember that tax evasion, that is, illegal business activity, without proper registration, entails administrative and sometimes criminal liability. Therefore, it is worth sorting out the question of whether to pay at all, and what taxes a freelancer pays.

If you don't pay at all

Many people do this - especially if remote work is not the main type of employment, and income from freelancing is small. Of course, from the point of view of the law, this is an obvious violation, but no one will come to you to check.

If there is no main place of work other than freelancing, problems may arise. Thus, a freelancer does not have contributions to the Pension Fund or other insurance contributions - with all the social insecurity that follows from this. In a bank, any institution, or a visa center, it’s somehow awkward to indicate “unemployed” - especially in this case, you would have to register with the employment center.

Much also depends on how exactly you receive funds. There are several options here.

• A bank account in a Russian or Ukrainian bank - that is, a financial institution in the country where you live. Banks, as a rule, are not eager to provide information to the fiscal authorities, unless large sums are involved. For example, in the Russian Federation they are required to report you if more than 600 thousand rubles are withdrawn from your account one-time, or the amount of withdrawals during the year reaches 3 million. If funds come from abroad and your bank accepts them without problems (and some may require documents explaining the origin of the funds), then while the amounts are small, they are of no interest to the fiscal authorities. They may be interested in you only if the amounts regularly received are significant. Or, when checking a customer who is located in your country, his expenses will reveal information about the transfer of large sums to you.
• Bank account in a foreign bank, electronic wallets. Information about the money that you receive into an account in a foreign bank - for example, using the most popular services Payoneer or ePayments - is completely inaccessible to your tax service. No one will even know about the existence of such an account. Until the funds arrive in the country of residence of the tax resident and are credited to his account, they are, in fact, not available to the fiscal authorities. As for the foreign bank where the account is opened, the owner here has non-resident status, so the local tax authorities are not interested in him. By linking a payment card (for example, Payoneer Mastercard) to such an account, you can easily pay with it in your country or around the world, withdraw cash from ATMs, in general, perform any action except withdrawing money to your account. The only thing worth remembering is that the increased attention of fiscal officials to large purchases has not been canceled and the question “where does the money actually come from?” they can ask.

Electronic money - Webmoney, Yandex Money and even PayPal for tax purposes are not money. Pay with them as much as you like. You can freely not pay taxes to a freelancer on them - however, until you cash them out by transferring them to your local bank account. Here, as they say, “see point one.”

What are the consequences of not paying taxes?

There is no information yet about precedents for bringing freelancers to justice, especially more serious ones. But it’s worth having the information just in case. Non-payment of taxes (also known as tax evasion) can result in the following troubles.

• fine plus collection of tax amount, but only for the period when your entrepreneurial activity is proven.
• criminal penalty. This strict option only applies to cases in which large sums are involved and the damage to the state is assessed as “large” or “very large”.

If you report yourself

As you can see, everyone can answer the question “do freelancers pay taxes” independently - depending on the chosen strategy for using the money they earn. If you want to act in the most legal paradigm, take into account the following information. Within the deadlines specified by law, you can independently submit a declaration on the income of individuals (in Russia - in form 3-NDFL), pay the required interest on it (the rate in the Russian Federation is 13%, in Ukraine - 18%) and continue to work with a clear conscience.

You determine the amount that will be included in the declaration yourself. There are no difficulties here.

But you will have to:

• Learn the rules for filling out the declaration and the deadlines for submitting it.
• Face a complete misunderstanding of tax officials regarding the type of your activity, even to the point of a conflict. On the Internet you will find a lot of funny and not so funny stories about “ seeking advice" Freelancing is something of a “dark territory” for the tax authorities, especially in small towns, and as advice you can get anything: from the fact that you need to register “a full-fledged legal entity and conduct foreign economic activity” to “stop it until you late". It is better not to mention income “from abroad”, electronic money, Payoneer etc. to the tax office. The point, again, is that the freelance market is not regulated by the state in any way and there are simply no transparent, understandable, uniform rules for everyone. But, of course, sooner or later these gaps will be filled, given the growing number of people who prefer to work remotely.

Registration as an individual entrepreneur

If your income starts from a thousand dollars a month, and freelancing is, in fact, the only and main source of income, then the best option would be to officially register as an individual entrepreneur.

The obvious advantages include the following:

• If there is no main place of work, you get a type of employment and become a “white person”.
• A completely legal way to register income received in your business account. And taxation here will be much more humane. In Russia it will be simplified tax system with a rate of 6%, in Ukraine 5% (FOP, group 3).
• Opportunity to work with large customers and projects.

We list the following disadvantages:

• Difficulties in receiving funds from abroad: international bank transfer via SWIFT is not cheap and not every customer will agree to send it, especially when it comes to small amounts.
• It is advisable to formally conclude contracts with customers, receive receipts, and certificates of work performed.
• Questions regarding electronic wallets. If they are registered to an individual, then all incoming funds are defined as income, although this may not be the case at all.
• Electronic money payments between individual entrepreneurs are not permitted by law.
• The need to keep a book of income and expenses, submit regular reports to the tax office and the likelihood of possible audits.

Payoneer and taxes

Among the frequently asked questions from those who are about to open a Payoneer card, taxes are certainly at the top. After all, the income that you receive from abroad, according to the legislation of Russia, Ukraine, Kazakhstan, and any other countries are subject to taxation and evasion of their payment entails liability. How to be? How does the tax office know about your income and will it find out? We hope we have already answered these questions above.

From an ethical point of view, no questions should arise. The Payoneer service brings the state considerable benefit, it allows you to receive much-needed currency, which you spend not just anywhere, but in your country of residence. With the payment of VAT, which no one has yet canceled, by the way. Without Payoneer, the big question is whether you would have received these funds or not. This is how you fundamentally differ from those who export this very currency from the country. Look at this issue from a different angle: if the state properly performed its functions and provided you with a simple, cheap and comfortable way to accept payments on fair terms, and also removed all the issues at the legislative level, would you open a Payoneer card? Most likely no. Therefore, Payoneer is more of a necessity, a working tool, rather than a way to minimize taxes.

It will not be possible to register as an individual entrepreneur and work in tandem with Payoneer. Unless you withdraw funds to your business account opened at a local bank, converting dollars or euros into national currency. There are also some nuances here: in particular, the conversion rate, which may differ from the market one, etc. Therefore, many freelancers who have registered as individual entrepreneurs usually distribute orders, reporting only those where the customer is ready to transfer funds to a local bank account. But there are not many foreign employers who are ready for such difficulties, therefore, in order not to lose clients, the Payoneer service is used as a means of receiving payment.

Information about your Payoneer account, of course, doesn't transmit anywhere, but the website states that any relationship with local tax authorities is solely your domain. This applies to any country of residence: whether we are talking about Payoneer in the Russian Federation or Payoneer in Belarus, taxes are only your choice and a headache.

Summary: While your funds are on the cards of a foreign bank, the question of whether to declare them or not and how to pay taxes with Payoneer depends only on your goodwill and conscience. If you feel an urgent need, at the end of the year you can easily submit a declaration at your place of residence and pay the required amount.

After the recent ban on the release new plastic and virtual MasterCard cards in systems AdvCash And Payeer, the payment system, along with becoming especially relevant for residents Russia, Ukraine and Belarus who need to somehow withdraw or spend funds earned on the Internet.

UPD. Attention, currently for Payoneer card holders!

At replenishment accounts for 100$ You you get 25$ to your own account For a present, without any additional conditions!

At the moment, a bank card from is a universal payment method that allows you to quickly carry out the process of paying earned money to freelancers.

The Prepaid MasterCard can be used to withdraw money worldwide from any ATM bearing the MasterCard logo. In addition, you can pay with it in regular stores and online.

For freelancers, this solution is a real godsend, since it allows you to receive payments from American companies directly, as well as work with the largest freelance exchanges on the planet. Wherein no need to report before the state about the presence of a deposit abroad.

The only negative is the fees, but they can be leveled out if you approach the funds on your card wisely.

The strength of the payment service is that the company’s specialists chose freelancers as their target audience, as well as other people who make money on the Internet (for example, photographers).

Accordingly, everything is done to simplify interaction with you - for example, the support service is very polite and qualified, these guys know their stuff!

The company constantly enters into agreements with the largest international exchanges where you can get work online. Among them: UpWork (formerly ODesk), Elance and others. The list of partners also includes photo stocks: iStockphoto, Dreamstime, Fotolia and others.

What is Global Payment Service?

Simply put, you are also given bank account details in an American bank, using which you can receive payments from your employers or partners around the world, i.e. in different currencies. This account does not belong to you personally, but is linked to your account. All received money is distributed according to functional purpose and credited to the payee’s card account.

The service is actively developing - more currencies and opportunities are promised in the near future.

To issue an invoice and pay, it is enough to generate a payment order from your personal account and send it to your partner. This must be a legal entity. Transfers using this scheme between private individuals are prohibited

If you do not have this option and it is limited, write to support to enable this functionality.

Payoneer and taxes

According to changes in legislation, citizens (individuals) are required to report information about open bank accounts abroad to the tax service.

In this regard, many people have a reasonable question: “And if I receive money using the details of a US bank account for replenishment, is this grounds for going to the tax office?”

The fact is that the system uses consolidated (general) accounts to accept payments via the Global Payment Service, that is, an account in a bank in the USA, Europe and Japan is not opened in your name, but belongs to Payoneer.

Bank transfers for all users merge into the “common pot”, and then they are simply recorded on the account and card balance for each user.

Therefore, you have nothing to fear: you have a prepaid card in your hands, which is not linked to any of your personal accounts in a foreign bank. This is just a payment card for withdrawing cash, making payments on the Internet, making purchases in stores, nothing more.

And yet, it's worth brag less that you have an American bank card - it will be more reliable in our turbulent times!

Features of a bank card from Payoneer:

Personalized, embossed (with raised symbols), there is an EMV chip on the front side, but no PayPass technology.
Valid for 3 years.
Delivered by regular mail (envelope directly to the mailbox without notification). Was sent from UK

Currency - US dollar ($).
The maximum amount on the card account is $10,000.

Tariffs and fees"Pioneer MasterCard" (2017):

Card production and delivery free Moreover, it is possible to reissue the card free of charge if it has not been received;
Collection for annual service $29.95 (debited only when money is received into the account) - i.e. There will be no debt to the bank if money has never been received into your account.
Reissue card in case of its loss (due to the fault of the client) is $12.95 (also debited from it if funds are available).
Commission for withdrawing money from an ATM or bank cash desk $3.15 for each operation (therefore it is profitable to withdraw large amounts at once) + an additional fee may be charged by the ATM owner.
All operations upon requesting a balance, as well as in case of refusal to issue funds, are paid. Currently it is $1 for each such transaction.
If you purchase a product or service outside the United States, the commission for a cross-border transaction. Moreover, when paying in dollars, it is approximately 1,62% of the payment amount, and in another currency it can reach 3.5% (taking into account conversion at the MasterCard rate).
Please also note that commissions may differ significantly from those presented here, since different partners offer their own terms of service. Please clarify this point in the appropriate section of your personal account.

It’s an expensive pleasure, of course, but there is a way to save on the first year of service - pay only $4.5

You just need to register your account using the link.

The conditions are as follows: you will give 25$ After you translate your first ones on the card 100$ .

Simply reach $100 in your account balance and you will receive your bonus immediately!

In any case, you do not lose anything and do not pay extra.

As I already noted, the card can be used to pay for purchases/services on the Internet and in regular stores, as well as to withdraw cash from ATMs.

As an alternative to Payoneer you can try card

Compared to Payoneer, its service is much cheaper (thanks to lower fees), but it is less widespread: not all companies accept this option for payments.

Nevertheless, you can simply register in the system “for the future,” since in the “light” version the service allows you to use even just a wallet for payments (you don’t have to pay for it!). There is no such possibility and, most likely, it is not even foreseen.

Is it legal to use Payoneer in Belarus? How and what taxes should I pay?

Such questions have been repeatedly asked by users on the Internet for a long time and, as a rule, they do not receive a clear and unambiguous answer to them. Despite the fact that Payoneer is an international payment system that allows you to accept payments from virtually all over the world and is one of the most popular and well-known global payment systems, its use is not very widespread in the Republic of Belarus.

Having analyzed the practice of using Payoneer in the Republic of Belarus, we can conclude that this payment system is extremely rarely used by legal entities and individual entrepreneurs due to the fact that most of them doubt its legitimacy and do not have information about what taxes should be paid in what order. pay when using it, and also do not fully understand what other nuances may arise in their work when using this system.

In order to eliminate uncertainty and establish a clear understanding of all the nuances of using Payoneer in the Republic of Belarus, “The Best Lawyer” LLC analyzed the legislation, sent requests and received responses from the tax authorities, as a result of which we can highlight main points and nuances that you should pay attention to when working with the Payoneer system:

1. Permission from the National Bank of the Republic of Belarus

There is a fairly widespread opinion that in order to work with Payoneer it is necessary to obtain permission from the National Bank of the Republic of Belarus to open an account abroad. However, obtaining permission from the National Bank of the Republic of Belarus is not required, since Payoneer does not open accounts for clients.

It should be noted that from March 1, 2019, individuals are completely allowed to open any accounts abroad without the permission of the National Bank of the Republic of Belarus. These changes to the legislation have been madeResolution of the Board of the National Bank of the Republic of Belarus dated December 19, 2018 No. 612 “On some issues of conducting currency transactions.”

For legal entities and individual entrepreneurs, the need to obtain a permit has not yet been canceled.

2. Value added tax

Belarusian companies join the offer and pay a commission to the American company Payoneer Inc., which is registered in the state of Delaware (USA). Payoneer Inc. provides payment service services and charges a commission for: receiving payments (including online platforms), transferring payments, using a Mastercard card, re-issuing a card, withdrawing funds.

In accordance with paragraph 1 of Art. 114 of the Tax Code of the Republic of Belarus (hereinafter - TC), when selling goods (work, services) on the territory of the Republic of Belarus by foreign organizations that do not operate in the Republic of Belarus through a permanent representative office and are not registered in this regard with the tax authorities of the Republic of Belarus, The responsibility for calculating and transferring value added tax to the budget rests with organizations and individual entrepreneurs that are registered with the tax authorities of the Republic of Belarus and acquire these goods (works, services) and property rights.

The place of sale of works, services, property rights is determined in accordance with the provisions of Art. 117 NK. The place of provision of services by Payoneer Inc. Belarusian organizations and individual entrepreneurs do not recognize the territory of the Republic of Belarus; accordingly, Value added tax is not calculated.

3. Tax on income of foreign organizations not operating in the Republic of Belarus through a permanent representative office

The object of taxation of the income tax of foreign organizations that do not carry out activities in the Republic of Belarus through a permanent establishment is recognized as income received by the payer from sources in the Republic of Belarus, named in paragraph 1 of Art. 189 NK. Fees charged by Payoneer Inc. is not subject to income tax.

4. Offshore tax

According to the provisions of Art. 263 of the Tax Code, the object of offshore taxation is, inter alia, the transfer of funds by a resident of the Republic of Belarus to a non-resident of the Republic of Belarus registered in an offshore zone, another person under an obligation to this non-resident or to an account opened in an offshore zone, unless otherwise provided by this article .

Based on the Payoneer Terms and Conditions, when using the company's services, the user agrees to pay all prices and fees based on the company's tariffs. To pay for services provided by Payoneer Inc., a user who is a resident of the Republic of Belarus grants this company permission to write off payments due to it. This permission is valid for the entire time you use the services of Payoneer Inc.

Payoneer Inc. registered in the state of Delaware (United States of America), which, according to Decree of the President of the Republic of Belarus No. 353 of June 25, 2006, is an offshore zone. Thus, there is a transfer of funds by a resident of the Republic of Belarus to a non-resident of the Republic of Belarus registered in an offshore zone.

In the current situation, based on the approaches defined in Art. 267 of the Tax Code, when the transfer is not made from the payer’s bank account, offshore tax is payable no later than the day following the day of the write-off, at the official rate established by the National Bank of the Republic of Belarus on the date of such write-off.

The tax base of the offshore fee is determined based on the amount of funds written off. The offshore tax rate is 15%.

5. Mandatory sale of currency

Mandatory sale of foreign currency canceled from August 3, 2018(Decree of the President of the Republic of Belarus dated July 31, 2018 No. 301 “On the abolition of the mandatory sale of foreign currency”).

Legal entities and individual entrepreneurs have the right to leave on the account any foreign currency they receive, including those received by them using the Payoneer Inc. system.

6. Completion of foreign trade operations in accordance with Decree of the President of the Republic of Belarus dated March 27, 2008 No. 178 “On the procedure for conducting and monitoring foreign trade operations”

It is worth noting that when using the Payoneer system when executing a contract with partners it is necessary to comply with the established deadlines for completing foreign trade operations.

As a general rule, when exporting (transfer by a resident of goods (including in transactions not related to the movement of goods across the State Border of the Republic of Belarus), protected information, exclusive rights to the results of intellectual activity, performance of work, provision of services on a reimbursable basis to a non-resident) funds from the counterparty must be received within no more than 180 calendar days from the date of shipment of goods (transfer of protected information, exclusive rights to results of intellectual activity), performance of work, provision of services.

As a general rule, when exporting, a foreign trade transaction must be completed by receiving funds for the transferred goods (protected information, exclusive rights to the results of intellectual activity), work performed, services rendered. At the same time, funds are received only to the accounts of exporters (with the exception of a list of some fairly specific cases).

Thus, within 180 days from the date of shipment of goods (transfer of protected information, exclusive rights to the results of intellectual activity), performance of work, provision of services, funds must be withdrawn to the exporter’s account in the Republic of Belarus.

There are situations in which the counterparty does not sign a document confirming the provision of services, performance of work (act) or other document and a resident of the Republic of Belarus has no opportunity to oblige him to do so.

Such cases are regulated by the legislation of the Republic of Belarus, in particular, by the Resolution of the Board of the National Bank of the Republic of Belarus dated July 9, 2009 No. 101 “On foreign trade operations”, according to which the date of completion of work (provision of services, receipt or transfer of protected information, exclusive rights to results intellectual activity) in cases that do not provide for the signing by the parties to the foreign trade agreement of acts of work performed, services rendered, or other similar documents, the date is considered:

Payment of obligations of one of the parties indicated in the payment instruction or cash document;

Issuance of an invoice or invoice by one of the parties;

Preparation of postal receipts, courier receipts;

Issuance of a certificate (certificate, certificate, diploma) of obtaining an education (assigning a qualification, obtaining a specialty);

Carrying out a cultural or sporting event indicated on the ticket;

Signing an agreement on the assignment (transfer) of rights to the results of intellectual activity, a license agreement.

Thus, when using Payoneer Inc. Residents of the Republic of Belarus still need to pay attention to and control the timing of the completion of foreign trade operations under the contracts they have concluded.

In conclusion, we would like to note that the use of the Payoneer system on the territory of the Republic of Belarus does not raise such a significant list of unresolved issues in practice as it might seem at first glance, and therefore, there is no need to be afraid of using this system.

The company "The Best Lawyer" LLC provides consultations on issues that arise when working with the Payoneer payment system. An undeniable advantage of our company is the ability to immediately communicate with representatives of Payoneer Inc. to get an answer to your question.

All users who register and receive more than $25,000 per account within 6 months of registration will be paid a fixed deduction of $250, and will also be given the opportunity to take advantage of Payoneer's privileged terms of use.

Payoneer is one of the options for withdrawing money from Upwork, and the registration process is not always obvious. I wrote step by step (with screenshots) how to register with Payoneer, indicate your address, order and activate a card in 2019, and also receive a bonus $50 to your Payoneer account.

Recently Payoneer has changed the registration rules for residents of Ukraine, Russia, Belarus and Kazakhstan, now required when registering o indicate information about your local bank account(for example, a bank in Ukraine), and You can order a Mastercard card will be only after your Any money will appear in your Payoneer account.

$50 bonus to Payoneer account

Let me remind you once again that the Payoneer affiliate program (https://jff.name/payoneerbonus) is one of the ways to make money on this blog, so below you will see detailed information on how register with Payoneer and then receive a $50 bonus.

Start of registration

Enter data:

• First and Last Name. In Latin, as in the international passport, if there is no international passport, then as in the license, if there are none, then look at how your name will be correctly transliterated (each country has its own rules) and indicate it. It is worth indicating a real name, since in the future you will be asked for scans of documents (a national passport will also do; you should not be afraid to send it, since the data is not transferred anywhere);
• Email must have actually existed;
• Date of Birth again it must be real. You must be over 18 years old. If you have not yet reached this age, then you should not provide incorrect information. It is better to ask your parents to create an account.

If you have already have a Payoneer account, then you shouldn’t make a duplicate (most likely both accounts will be banned), it’s better to write to support and restore the previous one (in most cases this is possible).

Contact details

Contact details:

• Choose your country of residence(in 99% of cases this is the country in which you have citizenship, the exception is the situation where you at least have a “temporary residence permit”, or better yet are in the process of obtaining citizenship). You must be ready at any time to provide documents to confirm your address (usually scans of rent payments, but other data may be required);
• IN depending on the selected country at the next stages of registration, additional data may be requested (for example, in the European Union countries you need to provide tax data). For Ukraine, Russia, Belarus, Kazakhstan there is no difference;
• We write the address in Latin. We write the name of the city and street in transliteration, but don’t bother too much, since this data will already be read by postmen in your country, which means you need to write it in a way that they can understand. That is, “Stroiteley street” and “Stroiteley ulitsa” do not matter.
• If the name of your city does not fit into the form, then you should contact support - https://payoneer.custhelp.com/. But before that, read, which tells you how to shorten the length of your address.
• It is important to indicate the correct zip code, since if your country has several cities with the same name, then the zip code will be decisive when choosing where to send the letter.
• I also recommend that you provide a real phone number, as this will help in the future in emergency situations to restore access to your account;

Security Details

Details:

• Username— this is the email you specified in the previous step;
• Password I recommend coming up with 16 characters with small and large letters and numbers, ideally adding various “@%#...” signs there, but they are inconvenient to type on mobile keyboards. It’s best to come up with a memorable phrase, write it in CamelCase style, that is, together and with different registers, and add numbers to it;
• Secret Question- a very important registration point, since without it it will be extremely difficult to restore access to your account if you forget your password or it is stolen by attackers. The answer to your security question is also often needed when communicating with Payoneer support. You can select a question from the list. The answer to the question should be clear to you. It is also desirable that as few people as possible know it.
• Naturally, you need to indicate reliable passport details. In the future, there is a good chance that you will be asked to provide scans of the documents you provided in this step.
• Count passport ID accepts only Latin letters and numbers (at the time of writing), so if you indicate a document - a national passport - then you will have to indicate the passport number without a series, and after registration, contact support to update this information.

Local bank account details

The last stage is devoted to information about your local (in your country of residence) bank account.

An innovation in registration from Ukraine, Belarus, Kazakhstan and Russia was mandatory entry of account information in a local bank.

Above At the moment, there is not a single case where Payoneer would transfer personal data of users to third parties, and, in my opinion, they will stick to this policy in the future in order not to lose their reputation, so the paranoid need not worry so much.

Generally, withdrawal to local bank is a good tool for quickly withdrawing funds from your Payoneer account and their correct execution for the tax office. But you can not use this tool (you will still have to provide bank details during registration), but order a Payoneer card after registration and use it only or together with withdrawal to a local bank.

Judging by the information from fellow freelancers, Payoneer does not check the data in any way when entering and after registration, but I still highly recommend providing real data. However, Payoneer employees say that in certain cases (when there are doubts about the correctness of information about a local bank account), Payoneer may require a certificate from a local bank account.

• Name of the bank. In this field you must indicate the full name of your bank in Latin letters.
• Account name
  In this field, you must indicate the full legal name under which your bank account is registered, which exactly matches what appears on your bank statement. The account name must contain only Latin letters and numbers, without special characters. If the account is not in your name or is registered to a company, you may be required to provide additional information or documents.
• Account number
  In this field you must indicate the account number that exactly matches the number on the bank statement or check
• SWIFT/BIC
  In this field you need to indicate your bank's SWIFT/BIC code in capital letters.
  Length – 8 or 11 characters. Data can be obtained in your personal Internet banking account, bank branch or through support.

Registration is now complete. All you have to do is wait for registration confirmation (after your details are verified, you will receive an email), and after that you can receive money into your account.

Order a Payoneer card

If you want to order a card, then you will need to earn at least $30 into your Payoneer account and then click on the following button in your personal account:

Order a card You can use dollars (USD), euros (EUR) and even pounds (under certain conditions), but I personally recommend a card in dollars. If the account owner receives a payment in euros, the funds will be credited to the euro balance, and in order to use the funds, you need a euro card; a dollar card will not work. You can order all 3 cards, the annual fee is charged only per dollar

You can order a card at address other than that, which you entered during registration. Moreover, you do not have to confirm the delivery address with any documents. All you need to do is get a card at this address. If the account owner orders a card to a country other than the one from which he registered, then Payoneer may request proof of residence (scans of documents with your name and address) for the new delivery address.

The card is delivered within 2-4 weeks(according to information from Payoneer). Sometimes it comes within a week, in the most problematic cases it takes a month or a month and a half. If the card has not arrived within this period, you can request that it be sent again (there is an option inside your account or you can write to support). They only resend a couple of times. If the card does not arrive again, you are out of luck, most likely the postal workers lose your letters (approximately 10% of cases) and then your only option is DHL delivery.

Delivery via DHL it is a little expensive ($40 regardless of location) and takes 3-7 days (but it is worth considering the additional time required to issue the card). You can arrange such delivery through Payoneer support service.

Not worth it be afraid that the card will be stolen: To use it, you must first activate it. And to do this you need to know the password for your account.