Amazon Associates payout

[Pillman]

I don't know how Payoneer would work out, but I'm glad you're asking before you make any decisions. That way you will hopefully avoid the school fees I incurred getting my Google AdSense earnings deposited.

That particular problem has gone away now that Google is paying to SA via EFT nowadays, thank goodness.

Was that back before Google started paying out in local currency? I've only ever had cheques in ZAR, and FNB hasn't ever put a foreign draft fee on any of my cheque deposits. Just the regular cheque deposit fee of R15. But yes, thank goodness we can now just EFT it into an account!

Do you know how Amazon Affiliates pays out to SA - i.e. does it use an international bank with a local presence to pay out in ZAR or will the transfer be sent in USD?

I'm not entirely sure seeing as I haven't been paid out by them yet, but I think it would most likely be in dollars.

I use Payoneer and recommend them highly (in part because their fees are very low), but their minimum withdrawal is $500 so it wouldn't be a worthwhile option if you are only looking to bring over $80.

Okay, so withdrawing it to a bank wouldn't be an option for such a little amount. And you'll get shafted with withdrawal fees at an ATM. What about using a Payoneer card at a point of sale, or online?

I've asked around (mainly Payoneer) and I've received mixed responses, but is Payoneer regulated the same way as PayPal is in SA, i.e. do we have to withdraw funds to a bank account within 30 days? If that's the case, I could get Google AdSense earnings paid into Payoneer as well as the Amazon earnings, making sure the total is over $500, so then I could just get all of it into my account.

[Dave A]

Was that back before Google started paying out in local currency?

No, it was in ZAR.
And it was only Standard Bank that raised the extra fee on the cheque.

From the post I linked to -

Another three opinions.
Armed with my Google cheque I go visiting ABSA Bank, First National Bank and Nedbank to see if they would charge a foreign draft fee should I choose to deposit my cheque there and if the cheque posed any particular problems to process. The result of this survery revealed:

• All three have a foreign draft fee.
• All three would not charge a foreign draft fee if I deposited this cheque with them.
• All three saw no problem with processing this cheque through the local (South African) interbank clearing system

[Greig Whitton]

I've asked around (mainly Payoneer) and I've received mixed responses, but is Payoneer regulated the same way as PayPal is in SA, i.e. do we have to withdraw funds to a bank account within 30 days? If that's the case, I could get Google AdSense earnings paid into Payoneer as well as the Amazon earnings, making sure the total is over $500, so then I could just get all of it into my account.

Payoneer is less regulated than PayPal. You don't have to withdraw funds within 30 days. You may still need to declare the nature of the funds to your bank when you bring them over (as you would with PayPal), however, this hasn't been a consistency in my experience.