Withdrawal Accounts i.e. Bank Account

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Maya

• March 26, 2018 12:33

What is the "Withdrawal fee" associated with payment method i.e. Bank Account

--Country is Pakistan

Please help!

 

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• Official comment

  

  Permanently deleted user

  • March 28, 2018 09:57

  Hi Maya,

  Please see section 8:

  https://www.peopleperhour.com/static/terms

  regarding seller fees and withdrawal fees:

  • When a Seller withdraws funds from their PPH User Account, PPH pass on any fees incurred to process the payment by third parties as a withdrawal fee, as follows:

    Withdrawal Currency	Withdrawal Method	Fee
    GBP	UK bank transfer	No charge
    GBP	SEPA/Local Currency*	£1.99
    GBP	International bank transfer	£19.99
    USD	US bank transfer (ACH)	No charge
    USD	SEPA/Local Currency*	$2.99
    USD	International bank transfer	$29.99
    EUR	SEPA/Local Currency*	€1.99
    EUR	International bank transfer	€19.99
    GBP | USD | EUR	Paypal	1.9%
    GBP	Payoneer	£2
    USD	Payoneer	$3
    EUR	Payoneer	€2.5

    *SEPA / Local currency bank transfer: - If your country is included in the SEPA/Local Currency countries list and you choose the local currency bank transfer option, our banking partner will automatically convert (at wholesale foreign exchange rates) and pay your withdrawal directly to your local bank account

  • Bank transfer reversal fees - If your bank transfer gets reversed due to incorrect banking information, wrong bank account type or foreign currency bank account settings limitation, you will be charged a reversal fee of £2 | €3 | $3 as well as the currency exchange difference (if applicable).
  • If a Seller decides to purchase optional features to further increase their chances of winning work on PPH they will pay a feature fee. The latest fees for these features can be found here.
  • If Seller decides to raise a dispute as per section 7, they are required to pay a non-refundable fee equal to 10% of the invoice or refund amount, subject to a minimum charge of £5 (or €7 or $8) per dispute.

  • Bank transfer investigation fee - Please note that if there is a delay in payment from the banking institution, a formal investigation can be initiated with the bank to determine transaction issues. There is a 25 GBP fee that is issued which must be applied by the customer in order to initiate this process.

  • Chargeback or RFI (Request for Information) fee - A chargeback is a disputed card transaction filed by a buyer with their card issuer when they dispute a payment or when their card is being used without their authorization. An RFI is a Request for Information the bank raises asking PPH for additional information regarding a particular transaction, which may be in dispute or unauthorized. The buyer’s bank charges PPH a fee in both of these instances and as a result, we are passing these fees to sellers whose buyer filed a Chargeback or RFI with their bank for a particular job/payment. The Fee per Chargeback is £15.00 and £7 per RFI.
    In case of chargebacks, if the buyer’s credit card company decides in the seller’s favor, the seller will be refunded the money to their PPH User account. If the decision is in favor of the buyer, the transaction will be cancelled, the buyer will receive a full refund, and the Fee amount will be deducted from the seller’s PPH User account.

  • Fast Track Fee - Once your Seller application is submitted and/or your Account/ID documents uploaded, you have the option of paying a fee of £10 / €11 / $13 , in order to have your application and documents reviewed within 24 hours (1 working day).The Fast Track Fee will provide you the Fast Track service for as long as PPH provides such service or similar.

  • Feature Hourlie Fee -For a fee of £9.95 / €11.95 / $14.95 Sellers can promote their Hourlie on the listings either daily, every three days, every 7 days or only once. For an extra £3 / €3 / $3 Selelrs will be able to promote their featured Hourlie via specific newsletters sent to Buyers searching for similar Hourlies with theirs.

    Featured Profile Fee - Users are permitted to submit bids to feature their profiles in the freelancer listings. Such bids are placed upon specific skills of the users choosing, and upon PPH acceptance of that bid, PPH shall make available upon payment of an optional daily fee (determined by the bid) a Featured Profile Upgrade. The daily fee (determined by the users bid at time of bidding) will feature the profile for 24hrs. Users are permitted to setup bids in advance for 1, 3 or 7 days where winning bids will incur the daily fee each day the bid is successful. Said fees are not refundable and includes the profile being highlighted and placed prominently on the freelancer listing page. The exact number of profiles that can be featured, the likelihood of a bid winning is represented, and which bids are accepted by PPH is entirely at PPH’s discretion.

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