songbirdcottage Posted March 13, 2023 Share Posted March 13, 2023 News outlets say that Payoneer was a depositor with Silicon Valley Bank - which just failed on Friday 03.10.2023. It may be too early to tell what the outcomes will be. Here are 3 articles I found about the situation: Payments players caught in SVB fallout | Payments Dive, Payoneer CEO Comments, Payoneer, Unity Software, BILL disclose exposure to Silicon Valley Bank | Seeking Alpha 11 5 Link to comment Share on other sites More sharing options...
gongor32 Posted March 13, 2023 Share Posted March 13, 2023 Wow didn't know such a big bank could go under. 11 Link to comment Share on other sites More sharing options...
smashradio Posted March 14, 2023 Share Posted March 14, 2023 It's not the last one to go, that's for sure. Bank mismanagement gave us the 08 crisis. Government mismanagement gave us the inflation crisis. And now, bank mismanagement AND government mismanagement is working together to kick people in the butt. Go for gold. The physical stuff. Perhaps we can ask Fiverr to start paying us in gold nuggets. 💰 13 Link to comment Share on other sites More sharing options...
songbirdcottage Posted March 15, 2023 Author Share Posted March 15, 2023 I'm wondering, has anyone has had any issues depositing their funds via Payoneer? 8 Link to comment Share on other sites More sharing options...
ridwansugi Posted March 15, 2023 Share Posted March 15, 2023 6 minutes ago, songbirdcottage said: I'm wondering, has anyone has had any issues depositing their funds via Payoneer? Not Depositing. But got problem with receiving. I got trouble receiving my money from client (outside fiverr): "We need some additional information from you to process the following payment: "Please provide a document that shows email correspondence or a chat transcript with your client, in which the services provided are clearly stated." So i provide them with screen shot of my whatsapp chat + project invoice from email. It solve the problem 🙂 Didn't have any problem when withdrawing money from Fiverr though. 9 Link to comment Share on other sites More sharing options...
smartdezigns Posted March 15, 2023 Share Posted March 15, 2023 4 hours ago, songbirdcottage said: I'm wondering, has anyone has had any issues depositing their funds via Payoneer? No. I have successfully transferred the funds from Payoneer to my Local Bank Today (an hour ago) and faced no issue. Everything seems fine to me! If you are still in doubt, then you can contact Payoneer via Live Chat and confirm it! 8 Link to comment Share on other sites More sharing options...
harshidvasoya Posted March 15, 2023 Share Posted March 15, 2023 No, I think payoneer and silicon valley bank are both different things. I recently withdraw my payment and I get very smoothly. But if any one faces the problem kindly put here more details so other community member gets more idea. 8 Link to comment Share on other sites More sharing options...
jeromae Posted March 15, 2023 Share Posted March 15, 2023 5 hours ago, songbirdcottage said: I'm wondering, has anyone has had any issues depositing their funds via Payoneer? I just withdrawn mine and no issues. 8 Link to comment Share on other sites More sharing options...
michmikaia Posted March 15, 2023 Share Posted March 15, 2023 Payoneer's CEO has already said that there is SVB failure is no impact to Payoneer business. 8 1 Link to comment Share on other sites More sharing options...
olyasr Posted March 17, 2023 Share Posted March 17, 2023 On 3/15/2023 at 3:58 AM, ridwansugi said: I got trouble receiving my money from client (outside fiverr): "We need some additional information from you to process the following payment: "Please provide a document that shows email correspondence or a chat transcript with your client, in which the services provided are clearly stated." I got the same email - basically, this is not because of some problem with them or something - later I got a reply, that they just need to check that you are not getting money for some illegal activity. I believe they are very careful and want to protect their reputation 8 Link to comment Share on other sites More sharing options...
olyasr Posted March 17, 2023 Share Posted March 17, 2023 On 3/15/2023 at 9:23 AM, michmikaia said: Payoneer's CEO has already said that there is SVB failure is no impact to Payoneer business. Where do you read it? Is it some article, or social media post? 7 Link to comment Share on other sites More sharing options...
michmikaia Posted March 18, 2023 Share Posted March 18, 2023 15 hours ago, olyasr said: Where do you read it? Is it some article, or social media post? It's on Payoneer blog website, and payoneer custom help. 8 Link to comment Share on other sites More sharing options...
songbirdcottage Posted March 19, 2023 Author Share Posted March 19, 2023 So, I went ahead and withdrew with no problems. Thank goodness! 9 1 Link to comment Share on other sites More sharing options...
Recommended Posts
Please sign in to comment
You will be able to leave a comment after signing in
Sign In Now