Freelancing on Upwork offers immense opportunities for professionals across the globe, including Nigerian and Kenyan freelancers. However, one of the challenges that many freelancers face is finding the best, most cost-effective way to withdraw their hard-earned money. If you’re looking to maximise your earnings and minimise fees, this article will guide you on the best method to withdraw from Upwork—using a Geegpay U.S. bank account.
Why a U.S. Bank Account is the Best Option for Upwork Withdrawals
One of the best ways to withdraw your earnings from Upwork is through a U.S. bank account. Unlike other withdrawal methods such as wire transfers to local banks, which can incur hefty charges (up to $50) and take up to seven business days to process, withdrawing directly to a U.S. bank account on Upwork is completely free and much faster.
For Nigerian and Kenyan freelancers, Geegpay offers an ideal solution by providing a U.S. bank account in your name. This allows you to seamlessly connect your Geegpay account to Upwork, enabling you to receive your funds quickly and without any withdrawal fees.
How to Set Up Your Payment Method on Upwork Using Geegpay
For freelancers—especially those just starting out on Upwork—one of the important steps in setting up your profile is adding a payment method. This ensures that once you secure a client and complete your projects, you have an efficient way to receive your payments.
Here’s a step-by-step guide to setting up your Geegpay U.S. bank account as your payment method on Upwork:
1. Sign Up for a Geegpay Account:
If you don’t already have a Geegpay account, the first step is to sign up on the Geegpay app. The sign-up process is free and straightforward. Once your account is created, you’ll need to complete all necessary verifications, which should take about an hour if you have all your documents ready.
2. Log into Your Upwork Account:
Once your Geegpay account is set up, log into your Upwork account. Click on your profile icon in the top-right corner of the screen and select "Account Settings" from the drop-down menu.
3. Add a Payment Method:
Under "Account Settings," navigate to the "Get Paid" section. Click on "Add Method" to set up your withdrawal method. Select "Direct to U.S. Bank" as your payment option.
4. Enter Your Geegpay Bank Details:
You’ll be prompted to fill in your bank account details. Ensure that the account holder’s name matches exactly with the name on your Upwork profile to avoid any issues with name mismatches. Select "Individual Checking Account" as the account type.
5. Copy Your Geegpay Bank Information:
Go back to your Geegpay profile, tap "Accounts," and select your U.S. bank account details. Copy the routing number and account number, then paste them into the corresponding fields on your Upwork profile.
6. Complete the Setup:
After entering all the required information, click "Add Bank Account" to finalise the setup. Upwork will review your bank details, which may take up to three days. This is a security measure to ensure everything is in order.
7. Start Receiving Payments:
Once your bank account is approved, you can begin receiving payments from your clients directly into your Geegpay U.S. bank account. When it’s time to withdraw your earnings, simply go to "Account Settings," select "Get Paid," and choose your Geegpay account from the drop-down menu. Click "Get Paid" to initiate the transfer.
Why Geegpay’s US Bank Account is the Best Option for Freelancers
Using Geegpay as your payment method on Upwork offers several key benefits for freelancers in Nigeria and Kenya:
- No Withdrawal Fees: By using a U.S. bank account, you avoid the high withdrawal fees associated with other methods like wire transfers.
- Fast Access to Funds: Upwork transfers to your Geegpay U.S. bank accounts typically reflect in your account within 48 hours, allowing you to access your money faster.
- Market Rates for Currency Conversion: Geegpay offers competitive rates for currency conversion, ensuring that you get the most value when converting your dollars to your local currency.
- Versatile Use of Funds: With Geegpay, you can easily fund your virtual dollar card, pay for subscriptions, shop online, or use the funds for any other transactions that require U.S. dollars.
For freelancers in Nigeria and Kenya, Geegpay provides a simple, cost-effective solution to the challenges of receiving payments from Upwork. Whether you’re just starting out or you’re a seasoned freelancer, setting up a U.S. bank account through Geegpay allows you to focus on what really matters—delivering great work for your clients—without worrying about excessive charges or delays in receiving your earnings. Download the Geegpay app now and create your U.S. bank account today.