Interesting Payoneer payout insight! 💡

Hey all,

I’ve noticed an interesting issue that hasn’t been mentioned anywhere. I think it would be great to share it with all Payoneer users who receive Envato and Elements payouts. If you have an old Payoneer account (5-7 years old) that was created when Payoneer used “Bank of America” accounts instead of the new “First Century Bank,” you might encounter a problem. I noticed that the “Bank of America” account stopped working without any warning, notice, or email from Payoneer. This could explain why I haven’t received my Elements/Envato payouts, even though I have updated and corrected all my personal account details. Once I updated my payout receiving account to the “First Century Bank,” everything went smoothly. Therefore, I highly suggest you check your Payoneer account and see if this resolves your payout issue. I’m still investigating this, so please let me know if you have experienced similar issues.

Best,
Adi

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I don’t have any problems with Payoneer (account 10 years old) “Bank of America”… when Elements/Market payouts Payoneer transfer money as in short period, in this case the next day, on to the old system almost immediately.
This month was a problem in the period which the money reaches to Payoneer.

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