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Freelancing

Batch-08
Exercise No. 2

Task 1

Read the payment related terms and policies of the freelance


platforms given below (links of which are given in the
guidelines). Provide the screenshots of pricing and fees for
all of the withdrawal options available from each respective
freelance platform.

 Fiverr
 Upwork
 Freelancer
Task 2

List down the names of withdrawal options


available on the above-mentioned freelance
platforms for Pakistani freelancers. (Write
content in a solution file*)

Available methods for Pakistan

1.Fiver
 Fiverr Revenue Card
 Local Bank Transfer (LBT)

2.Upwork
 Direct to Local Bank
 U.S. Dollar Wire Transfer
 Payoneer

3.Freelancer
 (Bank) Express Withdrawal
 (Bank) Wire Transfer: minimum

Task 3

Choose your preferred withdrawal option and write


down the basic requirements to add that
withdrawal method. (Write content in a solution
file*)

preferred withdrawal option is : Express Withdrawl


1. From the Express Withdrawal page, select your country from
the dropdown list, and indicate the amount that you wish to
withdraw. The currency field will be automatically updated.
Since the withdrawal will be to a local bank account, you can
only withdraw funds in your bank’s local currency.
 
2. Enter the information of the bank account where you want to
send the funds:
 •  Bank Name
 •  Routing Number
 •  Bank City/State
 •  Account Number
 •  Account Type
 •  Country
 
3. Enter the account details exactly as it appears on your bank
account:
 •  Account Name
 •  Address line 1
 •  Address line 2
 •  Country
 
4. Click Withdraw Funds.
 
Depending on how quickly your financial institution processes
withdrawals, you can get your hard-earned money in 2-3 business
days with no intermediary fees.
 
Some institutions may take longer than others, such as those in
Bangladesh where it usually takes 3-5 business days of
processing. We recommend contacting your bank or financial
institution to find out how quickly withdrawals are processed.
 
Please allow up to 5 business days. If it has been more than 5
business days, scroll down and click Contact Us so we can
assist you immediately.
 
First-time withdrawals will still go through the 15-day delay
before processing.

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