Three Ways to Withdraw Your funds from Deel
Santiago Coates
September, 23, 2024
4 min. reading
In an increasingly interconnected world, remote workers have become the cornerstone of the digital economy. The rise of global payment platforms has made it easier than ever for companies to hire international talent from anywhere in the world. Deel has emerged as one of the key platforms to ride this wave, allowing companies to manage global payrolls while enabling workers to receive payments securely and efficiently.
But after you’ve earned your money, the next question is: How can you withdraw your Deel balance in the fastest and most convenient way possible? Today, we’ll explore three effective methods for withdrawing your funds using Deel and Airtm, a platform that offers simple, accessible solutions for converting your earnings into local currency.
¿Qué es Deel y cómo funciona?
Deel is a platform that simplifies payroll management for contractors and freelancers across the globe. Ideal for remote workers and companies hiring global talent, Deel allows businesses to pay their collaborators efficiently and with full transparency. By using Deel, you can receive payments in your preferred currency, whether through bank transfers, digital wallets, or even cryptocurrencies.
Deel has gained popularity among freelancers, consultants, and remote employees due to its flexibility in accommodating the various payment needs of workers in different countries.
Who Uses Deel?
Deel is used by a wide range of professionals and companies. From startups looking to hire developers in other countries to large corporations managing international teams, Deel provides the infrastructure to make global payments smooth and hassle-free. If you’re a freelancer, consultant, or remote worker, you’ve likely come across Deel or a similar platform.
For these workers, the ability to receive and manage cross-border payments is crucial, and Deel delivers that solution with agility and reliability.
Now, let’s dive into the most efficient ways to withdraw your earnings from Deel.
Three Ways to Withdraw Your Deel Balance
If you’re already using Deel to receive payments, here are three quick and effective methods to transfer your balance to Airtm, a platform that allows you to convert your funds into your local currency and manage them according to your needs.
1. Airtm Virtual USA Account (USVBA)
This is one of the most direct and efficient methods for withdrawing your Deel balance. With Airtm’s Virtual USA Account (USVBA), you can input the banking details provided by Airtm directly into Deel and transfer your funds from Deel to your virtual U.S. dollar account.
Here’s how to do it:
- Log in to your Deel account and select bank transfer as the withdrawal option.
- Input the details of your Airtm Virtual USA Account, including the account number and ABA Routing Number.
- Confirm the transfer. The funds will arrive in your Airtm account in U.S. dollars, and from there, you can easily convert them to your local currency using Airtm’s P2P network, always securing the best exchange rate available.
This method is ideal for those who prefer to receive funds directly in U.S. dollars and then decide when and how to convert them.
2. Deel → Payoneer → Airtm
Another efficient way to withdraw your balance is by leveraging the integration between Payoneer and Airtm. If you choose Payoneer as your withdrawal method in Deel, you can transfer your funds from Deel to your Payoneer account and then withdraw them directly to Airtm.
Here’s the process:
- Select Payoneer as your withdrawal option in Deel.
- The funds will be transferred to your Payoneer account.
- From Payoneer, use the direct integration with Airtm to transfer your balance to your Airtm account. This option provides a seamless connection between Payoneer and Airtm, allowing you to move your funds quickly and effortlessly.
This method is particularly useful if you already have an active Payoneer account and prefer to use it as an intermediary before transferring to Airtm.
3. Deel → BVNK → Airtm
For those who prefer using cryptocurrencies or stablecoins, Deel also allows you to withdraw your balance through BVNK, a platform that facilitates the conversion of funds into USDC or other stablecoins directly into your Airtm wallet.
Here’s how it works:
- In your Deel account, select BVNK as the withdrawal option.
- Transfer your funds from BVNK to your Airtm wallet in USDC or the stablecoin of your choice.
- Once the funds are in your Airtm wallet, you can convert them into your local currency using Airtm’s P2P network.
This method is ideal for those who prefer receiving their payments in cryptocurrencies or who are looking for a quick way to move international funds without relying on traditional banking systems.
Conclusion: Choose the Method that Best Suits You
Withdrawing your balance from Deel can be a simple and efficient process if you choose the right method for your needs. Whether you prefer traditional bank transfers using the Airtm Virtual USA Account, Payoneer integrations, or payments in USDC through BVNK, Airtm provides you with the tools to convert and withdraw your funds into your local currency easily and conveniently.
Explore these options and choose the one that best suits your needs. With Airtm, you’ll always have control over your funds, no matter where in the world you are.
