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What are the fees, limits, and timing of Direct to Local Bank payments?

Learn more about Upwork’s Direct to Local Bank option, including transfer times, fees, and withdrawal limits by country.



How long does it take to receive a payment through the Direct to Local Bank option?

Once you have Direct to Local Bank set up as your withdrawal method on Upwork, any withdrawals should arrive within four business days. If not, contact your bank for the status. After eight business days, we can attempt to trace the payment.

Note: There is a 12:00 pm (noon) UTC cutoff time for same-day processing. After that, transfers will be processed the following business day. Bank holidays in the U.S. or your country can delay your funds.


What's the fee for Direct to Local Bank payments?

The cost per withdrawal direct to your local bank is $0.99 USD (plus incoming fees at some banks). Sending funds in your local currency may reduce or eliminate incoming bank fees.


What is the minimum and maximum amount I can withdraw when I use Direct to Local Bank?

The minimum withdrawal limit for all currencies is $5 USD or higher, depending on your location. Please refer to your country’s details below to see your minimum and maximum limits, if they apply.

Argentina

Limit: $3,000 USD

Argentinian authorities may apply some income tax retention to incoming remittances as follows:

  • AFIP Income Tax Retentions (Administración Federal de Ingresos Públicos): Taxes are withheld based on your AFIP tax category.
  • ARBA (Agencia de Recaudación de la Provincia de Buenos Aires): Recently, Argentinian authorities have introduced ARBA tax withholdings. The ARBA tax is gross income withholdings of electronic commerce specifically in Buenos Aires, the rates vary between 0.20% and 3.5%. You may see some taxes being withheld.
Bangladesh

Minimum: $5 USD
Limit: $10,000 USD

Barbados

Minimum: $101 USD

Benin

Limit: $20,000 USD

Bosnia and Herzegovina

Minimum: $5 USD
Limit: 10,000 BAM 

Brazil

Minimum: $12 USD
Limit: $3,000 USD

Bulgaria

Minimum: $5 USD
Limit: $1,000,000 USD

Chile

Limit: $5,000 USD

Colombia

Minimum: $5 USD
Limit: $10,000 USD

Costa Rica

Minimum: $5 USD
Limit: $10,000 USD

Czech Republic

Minimum: $5 USD
Limit: $1,000,000 USD

Ethiopia

Limit: $10,000 USD

Ghana

Limit: $20,000 USD

Guatemala

Limit: $500 USD

Indonesia

Minimum: $5 USD
Limit: $10,000 USD

Japan

Limit: $8,500 USD

Jamaica

If you are in Jamaica, you may need to file a deposit authorization form.

Kenya

Limit: $5,000 - $20,000 USD

Malaysia

Minimum: $5
Limit: $50,000 USD

Morocco

Minimum: 100 MAD

Nepal

Limit: $4,500 USD

Nigeria

Limit: $3,000 USD

Norway

Minimum: $5 USD
Limit: $10,000 USD

Pakistan

Min: $5 USD
Limit: $8,999 USD

Romania

Minimum: $5 USD
Limit: $1,000,000 USD

Saudi Arabia

Minimum: $5 USD
Limit: $10,000 USD

Senegal

Minimum: $5 USD
Limit: $2,000 USD

Serbia

Minimum: $5 USD
Limit: $10,000 USD

Sri Lanka

Limit: $13,000 USD

Thailand

Minimum: $5 USD
Limit: $10,000 USD

Togo

Limit: $20,000 USD

United Arab Emirates

Minimum: $5 USD
Limit: $10,000 USD

Uruguay

Minimum: $5 USD
Limit: $10,000 USD

Vietnam

Limit: $11,000 USD

 

Frequently Asked Questions

How do I edit my withdrawal method?
  1. Go to SettingsGet Paid
  2. Under Withdrawal methods, find the one you want to edit
  3. Choose Edit or Remove
  4. Edit your information and save

Email addresses, bank account numbers, and bank codes can't be edited. You must add a new payment method if these change. Don't forget to remove the old payment method at that time, too.

What if I don't know my bank code?

Find more information on the common bank codes for each country here. If you need help, reach out to your local bank or contact Upwork Support.

 

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