Receiving account in Payoneer

[migueljuan]

I opened an account with Payoneer and need USD and EUR accounts. In order to open the USD account I needed to link an existing USD with the same company name, which I have and it all worked out. However, I don’t have another EUR so it looks like I can’t open a EUR receiving account. Basically what this means is that I won’t have an IBAN.
However, I am able to convert USD to EUR and have Euros (which I can spend with the EUR debit card).

My question is, if I don’t open a EUR receiving account with an IBAN, where do the Euros that I converted exist or go to? Is there a dedicated bank account with my name on it in the background or are they part of a big pool of money? I need to be able to print out a bank statement for the Euro account that shows a real bank account number.

 

[apres777]

I opened an account with Payoneer and need USD and EUR accounts. In order to open the USD account I needed to link an existing USD with the same company name, which I have and it all worked out. However, I don’t have another EUR so it looks like I can’t open a EUR receiving account. Basically what this means is that I won’t have an IBAN.
However, I am able to convert USD to EUR and have Euros (which I can spend with the EUR debit card).

My question is, if I don’t open a EUR receiving account with an IBAN, where do the Euros that I converted exist or go to? Is there a dedicated bank account with my name on it in the background or are they part of a big pool of money? I need to be able to print out a bank statement for the Euro account that shows a real bank account number.

I don't think you actually need an EUR Bank Account to receive an EUR IBAN. (I have US Details / GBP Details and so on and don't have any other US Bank Account linked.)

Reach out via Live Chat to Support they are "mostly" supportive, unless you run into "funds freeze".

Here's the link it's sometimes not showing when your in the payoneer support center, you can also google it.

https://payoneer.custhelp.com/app/chat/chat_launch

 

[yngmind]

Hey guys, is there any good solution for this?

I'm trying to open a bank account for my friend's UK company, but the company doesn't have any bank accounts yet, got rejected by mostly all EMI's.

 

[Forester]

Hey guys, is there any good solution for this?

I'm trying to open a bank account for my friend's UK company, but the company doesn't have any bank accounts yet, got rejected by mostly all EMI's.

A solution for what? For doing magic with a Payoneer account or for getting some account opened for your friend's company?
If the former, I am not sure but I think there is no good solution ; if the latter, it depends but rather open a new thread for this discussion...

 

[kokunut]

Did you try with Revolut, Zen, Wise, Currenxie and many of the other EMI's mentioned in tons other threads?

 

[yngmind]

Did you try with Revolut, Zen, Wise, Currenxie and many of the other EMI's mentioned in tons other threads?

All rejected.

A solution for what? For doing magic with a Payoneer account or for getting some account opened for your friend's company?
If the former, I am not sure but I think there is no good solution ; if the latter, it depends but rather open a new thread for this discussion...

The solution to bypass business bank account verification

I know one that worked for my friend.
It’s a Payoneer personal manager. They give you a special link to apply that doesn’t require business bank account verification. But to have the link, you should have some other payoneer account with a big volumes

I think the whole idea of that verification is stupid. It used to be much easier with Payoneer. Most people apply to Payoneer because they don’t have any other option. If they did, they definitely wouldn’t use a service like Payoneer.