How to Withdraw Money from Upwork

First, congratulations on successfully finding work and completing tasks on Upwork! Now, let’s talk about one of the most critical aspects, that is, withdrawing your hard-earned money.

Setting Up a Payment Method

Before you can withdraw your earnings, you need to set up a Payment Method. Upwork offers payment withdrawal via several methods like Direct to Local Bank Service, ACH, Wire Transfer, PayPal, and Payoneer. Choose what suits you the best.To set up, follow this process:

• Go to ‘Settings’
• Choose ‘Get Paid’
• Click ‘Add Method’ button
• Select the payment method
• Fill up necessary details and click on ‘Set Up’ button

Depending on the chosen method, verification might be needed which includes confirming two small deposit amounts made by Upwork in your account.

Scheduling Your Upwork Payment

Post successfully setting up a method, choose when and how often you want to get paid from Upwork. You can choose the ‘Automatic Payment Schedule’ option or withdraw anytime manually (subject to minimum balance).

• Go to ‘Get Paid’
• Select ‘Automatic Payment Schedule’
• Select your preferences like threshold amount and frequency
• Click ‘Save’

Remember, Upwork has specific ‘withdrawal fees’ associated with each payment method.

Important Note:

Be aware that new sellers’ payments are subject to a 5-day security period after the contract ends. This allows both parties to review and ensure the work is completed as per agreed terms.
Your ‘Available Balance’ panel in Upwork dashboard reflects your approved earnings, ready for withdrawal.
Hope this information is useful and guides you through your withdrawal process on Upwork.