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Cannot withdraw USD to my Revolut account using Payoneer. European account


dacritter

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Hello everyone, I hope someone can help me.
I live in Germany and seemingly I can't receive my money in USD to my REVOLUT account, although my account in this bank allows it.
When I set up the payment method through Fiverr, I have to give the location of my bank, and since the official Revolut address is in Lithuania, the exchange rate is only available for euro. What leads Payoneer to convert the amount to euros automatically when I transfer it to my bank account, even when I specify in Fiverr to withdraw the money in USD.
I have contacted both Payoneer and Fiverr customer service, both tell me that I have to contact the other party. I honestly think I have hit a wall, does anyone have any suggestions on how to set this up?

Screenshot 2023-07-18 at 16.57.17.png

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Why is this a problem? It will be converted to EUR on the receiving end anyway, as soon as you want to spend the money using your Revolut card in a EURO country. It happens in Paypal too, when I transfer to Revolut it automatically wants to transfer euros. Keep in mind that your account number is in the EU and connected to a EUR account, not a USD account. You might have a separate USD section in Revolut, but the account is in EUR, no matter what. You can keep USD in your account, but the moment you swipe your card in a store, it will convert to EUR anyway, unless you're in the US or you're paying in USD. 

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Hi! Thanks for taking the time to reply. The problem is that both PayPal and Payoneer, will have their own exchange rates, generally speaking, they tend to put the exchange rate at around 0.3 euro cents less than the current exchange rate, in addition to that, Payoneer has taken 30 USD as a transfer fee. If I could receive the amount directly in USD to my Revolut account, I could convert it there in the case at the "real" currency exchange rate or just keep the money as USD.

So overall, paying the 20% Fiverr fee, + the costs of converting the amount to EUR + the transfer fee, plus the 20% tax and social security (17%) leaves me with a very low margin of profit in the end. I am looking for a way to save these major expenses.

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