How to Withdraw Money from Upwork?

Introduction

As a beginner on Upwork, understanding how to withdraw your earned money is one of the most important steps. It’s a straightforward process and there are several methods for withdrawing funds that you can choose from depending on your preference.
Below is a step-by-step guide on how to do it.

Select a Payment Method

Your first step is to choose a withdrawal method. Upwork offers several withdrawal methods:

• Direct to U.S. Bank (Free)
• Wire Transfer ($30 fee)
• Instant Pay for U.S. Freelancers ($2 fee)
• Direct to Local Bank ($0.99 fee)
• Payoneer ($2 fee)
• Paypal (free withdrawal, although PayPal may charge a fee)

Steps to withdraw your funds:

1. Log in to your Upwork account.
2. Go to the Settings section and click on Get Paid.
3. Click on the Add Method button to add your preferred withdrawal method.
4. Fill in the necessary details for the selected payment method and save your information.

Initiating a Withdrawal

Now that you’ve set up your payment method, you can initiate withdrawal:

1. Click on your profile picture at the top-right corner of your account.
2. Select Withdraw from the dropdown menu.
3. Select your set payment method.
4. Enter the amount you wish to withdraw and click on the Get Paid Now button.

In Conclusion

Remember, it’s important to check the fees and transaction times associated with each payment method to ensure it suits your needs. Also, the timing and frequency of withdrawals may be subject to Upwork’s Terms and Conditions, so ensure you’ve read and understood this document as well.