How to withdraw money from my Priyo Pay account to Bangladeshi Bank account?
You can easily withdraw your funds from your Priyo Pay account to your Bangladeshi Bank account. Here are the steps to follow:
After registering on PriyoPay, you must first create a US Dollar (USD) bank account.
Once the bank account is created, you can receive dollars from any US bank, online marketplace, Payoneer, Wise, PayPal, or other Priyo Pay users. Dollars can also be received in the Priyo Pay account via international wire transfers from banks outside the United States (excluding Bangladesh).
Create a Bangladeshi Taka (BDT) account just like you have created the USD account. When you have sufficient dollars in your Priyo Pay USD account, you can convert them to Bangladeshi Taka (BDT) in your Priyo Pay account. The Bangladeshi Taka account will appear on your dashboard alongside the USD account. The conversion from the USD account to the Taka account will be instant and you will see the conversion rate while converting.
After funds are deposited in the BDT account, it can be withdrawn to any bank account in Bangladesh. However, before doing so, you’ll need to add your Bangladeshi bank account through the ‘Contact’ option on the dashboard. The funds will be transferred from your Priyo Pay BDT account to your Bangladeshi bank via the Bangladesh Electronic Funds Transfer Network (BEFTN), and this usually takes one business day.
You can send USD from your Priyo Pay account to another Priyo Pay user’s BDT account. Additionally, you can transfer funds from your Priyo Pay Taka account to another Priyo Pay user’s Taka account.
This is the USD-BDT flow in graphics:
Here is a step-by-step guide:
1. Log in to your Priyo Pay Dashboard and navigate to the 'Account' section.
2. Select your Priyo Pay BDT account
2. Click on 'Transfer Money'
3. Choose the option 'Withdraw to Bank (Bangladesh)'
4. Select your destination contact. If no contact has been added previously, click the 'Add' button to create a new one. Once the destination contact is selected, the contact's information will appear. Enter the transfer amount and click the 'Transfer Money' button at the bottom of the page
5. Carefully review the information and click 'Continue'
6. An OTP will be sent to your email. Enter the OTP in the provided field
7. You will see a successful transaction status on your screen
After registering on PriyoPay, you must first create a US Dollar (USD) bank account.
Once the bank account is created, you can receive dollars from any US bank, online marketplace, Payoneer, Wise, PayPal, or other Priyo Pay users. Dollars can also be received in the Priyo Pay account via international wire transfers from banks outside the United States (excluding Bangladesh).
Create a Bangladeshi Taka (BDT) account just like you have created the USD account. When you have sufficient dollars in your Priyo Pay USD account, you can convert them to Bangladeshi Taka (BDT) in your Priyo Pay account. The Bangladeshi Taka account will appear on your dashboard alongside the USD account. The conversion from the USD account to the Taka account will be instant and you will see the conversion rate while converting.
Watch the full process here:
After funds are deposited in the BDT account, it can be withdrawn to any bank account in Bangladesh. However, before doing so, you’ll need to add your Bangladeshi bank account through the ‘Contact’ option on the dashboard. The funds will be transferred from your Priyo Pay BDT account to your Bangladeshi bank via the Bangladesh Electronic Funds Transfer Network (BEFTN), and this usually takes one business day.
You can send USD from your Priyo Pay account to another Priyo Pay user’s BDT account. Additionally, you can transfer funds from your Priyo Pay Taka account to another Priyo Pay user’s Taka account.
This is the USD-BDT flow in graphics:
Here is a step-by-step guide:
1. Log in to your Priyo Pay Dashboard and navigate to the 'Account' section.
2. Select your Priyo Pay BDT account
2. Click on 'Transfer Money'
3. Choose the option 'Withdraw to Bank (Bangladesh)'
4. Select your destination contact. If no contact has been added previously, click the 'Add' button to create a new one. Once the destination contact is selected, the contact's information will appear. Enter the transfer amount and click the 'Transfer Money' button at the bottom of the page
5. Carefully review the information and click 'Continue'
6. An OTP will be sent to your email. Enter the OTP in the provided field
7. You will see a successful transaction status on your screen
Updated on: 01/09/2024
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