Payment Methods & Transaction Fees
We offer a range of pay-out methods to ensure members of our community across the globe can get paid for delivering projects through Twine.
US Bank Transfer (ACH)
UK Bank Transfer (Faster Payments)
EU Bank Transfer (SEPA)
International Wire Transfer (SWIFT, wire)
Payoneer
PayPal
OutVoice
To use any of these payout methods you need to update it in your Settings under Payments & Subscriptions.
*
To enable different payout options, we've had to add payment transaction fees to some of the options:
US bank - $2.00 fee
UK bank - $1.25 fee
EU bank - $2.25 fee
PayPal - 6% fee *
Payoneer - $4.60 fee *
International Wire Transfer - $10.00 and 3% fee
OutVoice - 3% fee (Recommended for micro-projects)
US bank - £1.75 fee
UK bank - no fee
EU bank - £1.75 fee
PayPal - 6% fee *
Payoneer - £4.00 fee *
International Wire Transfer - £5.00 and 1% fee
OutVoice - 3% fee (Recommended for micro-projects)
*
Pro members have access to all of the same payout options and pay no fees for any of these options.
US bank - no fee
UK bank - no fee
EU bank - no fee
PayPal - no fee *
Payoneer - no fee *
International Wire Transfer - no fee
OutVoice - no fee (Recommended for micro-projects)
** PayPal and Payoneer may have their own fees in addition to Twine transaction fees.
*
You can receive USD to any bank account in the US that accepts ACH payments. We will need your name or company name, full address, bank account number, routing number (ABA or ACH), and account type (checking or savings). Account numbers are between 4–7 digits long. Routing numbers are 9 digits long. Find your routing number.
You can receive GBP to any bank account in the UK that accepts Faster Payments. We will need your name or company name, 6-digit sort code and 8-digit bank account number.
We can send to any SEPA country. We can also send EUR to countries outside of the SEPA zone, but this will incur International wire transfer costs. We will need to know your name or company name, and bank account number. In Europe, this is a code called an IBAN, and is between 14 and 34 digits long. Use this IBAN checker to make sure the IBAN you have is in the right format.
We can send payments to many countries around the world. We will need to know your name or company name, bank account number and SWIFT or BIC code.
Payoneer works all over the world in 200+ countries. It is free to get set up and has the benefit of being suitable for countries outside of the US and Europe. You can even get MasterCard payments, so any payouts get loaded onto your Payoneer MasterCard.
PayPal is a well known and trusted payment platform. It is expensive to use (they charge between 1.9% to 6%) as they have hidden transaction fees. It is free to sign up and you just need an e-mail address.
[OutVoice](http://help.twine.net/en/articles/6118011-receiving-payment-with-outvoice) Recommended for micro-projects
Twine has teamed up with OutVoice for micro-payments!
This way we ensure our community can participate in task-based micro-projects without getting hit with costly transaction fees associated with other pay-out methods.
There will be a 3% transaction fee applied to any pay-outs issued via OutVoice.
US Bank Transfer (ACH)
UK Bank Transfer (Faster Payments)
EU Bank Transfer (SEPA)
International Wire Transfer (SWIFT, wire)
Payoneer
PayPal
OutVoice
To use any of these payout methods you need to update it in your Settings under Payments & Subscriptions.
*
Transaction Fees
To enable different payout options, we've had to add payment transaction fees to some of the options:
For $ (USD) jobs:
US bank - $2.00 fee
UK bank - $1.25 fee
EU bank - $2.25 fee
PayPal - 6% fee *
Payoneer - $4.60 fee *
International Wire Transfer - $10.00 and 3% fee
OutVoice - 3% fee (Recommended for micro-projects)
For £ (GBP) jobs:
US bank - £1.75 fee
UK bank - no fee
EU bank - £1.75 fee
PayPal - 6% fee *
Payoneer - £4.00 fee *
International Wire Transfer - £5.00 and 1% fee
OutVoice - 3% fee (Recommended for micro-projects)
*
Pro members have access to all of the same payout options and pay no fees for any of these options.
Twine Pro for all jobs:
US bank - no fee
UK bank - no fee
EU bank - no fee
PayPal - no fee *
Payoneer - no fee *
International Wire Transfer - no fee
OutVoice - no fee (Recommended for micro-projects)
** PayPal and Payoneer may have their own fees in addition to Twine transaction fees.
*
Payment Methods
US Bank Transfer
You can receive USD to any bank account in the US that accepts ACH payments. We will need your name or company name, full address, bank account number, routing number (ABA or ACH), and account type (checking or savings). Account numbers are between 4–7 digits long. Routing numbers are 9 digits long. Find your routing number.
UK Bank Transfer
You can receive GBP to any bank account in the UK that accepts Faster Payments. We will need your name or company name, 6-digit sort code and 8-digit bank account number.
EU Bank Transfer
We can send to any SEPA country. We can also send EUR to countries outside of the SEPA zone, but this will incur International wire transfer costs. We will need to know your name or company name, and bank account number. In Europe, this is a code called an IBAN, and is between 14 and 34 digits long. Use this IBAN checker to make sure the IBAN you have is in the right format.
International Wire Transfer
We can send payments to many countries around the world. We will need to know your name or company name, bank account number and SWIFT or BIC code.
Payoneer
Payoneer works all over the world in 200+ countries. It is free to get set up and has the benefit of being suitable for countries outside of the US and Europe. You can even get MasterCard payments, so any payouts get loaded onto your Payoneer MasterCard.
PayPal
PayPal is a well known and trusted payment platform. It is expensive to use (they charge between 1.9% to 6%) as they have hidden transaction fees. It is free to sign up and you just need an e-mail address.
[OutVoice](http://help.twine.net/en/articles/6118011-receiving-payment-with-outvoice) Recommended for micro-projects
Twine has teamed up with OutVoice for micro-payments!
This way we ensure our community can participate in task-based micro-projects without getting hit with costly transaction fees associated with other pay-out methods.
There will be a 3% transaction fee applied to any pay-outs issued via OutVoice.
Updated on: 12/12/2022
Thank you!