In this digital and technologically revolutionary era, there are several ways to earn money online. If you have any skills that you can get the opportunity to sell and make money from it then today, there are numerous platforms available. The most valuable and common platform among them is YouTube and blogging or websites.
From these two platforms, you can earn passive income. If you are a blogger or writer, then you must be aware of the Google service that is Google AdSense. Google AdSense is a free service that paid you for your achievements on your websites.
Today we are going to discuss the different means that are available in Pakistan in the form of banking to withdraw money from Google AdSense and also will discuss which are the best banks in Pakistan to withdraw cash from Google AdSense.
What are the Best Banks in Pakistan for AdSense Payments? (Personal Experience)
There are different commercial banks that have been working for many years in Pakistan. Each bank has its own policies and interest rates. If you are curious about the best bank you can choose for your AdSense payment, then here we will tell you about the different banks.
- Meezan Bank Chartered Bank
- Allied Bank
- Bank Al Habib
All these above banks are convenient in terms of transaction charges there may be other options also available that might be considerable. You can choose any of them according to your area or convenience.
Note: These are the best banks for payments for Google AdSense. According to our search, you may take others’ reviews as well.
Best Bank for YouTube Payment in Pakistan with Tax Details
Receiving Google AdSense payments in Pakistan can be confusing due to varying tax regulations and banking procedures. In this guide, we will explore the best banks in Pakistan for AdSense payments and provide an overview of the withdrawal process and tax details.
- Meezan Bank Chartered Bank
Meezan Bank Chartered Bank is one of Pakistan’s top choices for receiving AdSense payments. They offer a swift and hassle-free process for receiving international payments. With branches in major cities, they also provide excellent customer support.
Withdrawing Tax Details: Meezan Bank Chartered Bank automatically deducts a withholding tax of 15% on AdSense payments for Pakistani residents. This tax applies to income generated from digital advertisements.
- MCB Bank Limited:
MCB Bank is another popular bank for AdSense payments in Pakistan. They have a widespread network of branches and ATMs, making it easy to access your funds.
Withdrawing Tax Details: MCB Bank deducts a 15% withholding tax on AdSense payments for Pakistani residents. Like Standard Chartered Bank, this tax applies to income from digital advertisements.
- United Bank Limited (UBL):
UBL is known for its efficient and reliable banking services in Pakistan. They offer a simple process for receiving AdSense payments through wire transfers.
Withdrawing Tax Details: UBL also deducts a 15% withholding tax on AdSense payments for Pakistani residents. This tax applies to digital advertisement income.
- Habib Bank Limited (HBL):
HBL is one of the largest banks in Pakistan and is well-equipped to handle international transactions, making it a suitable choice for AdSense payments.
Withdrawing Tax Details: HBL deducts a 15% withholding tax on AdSense payments, similar to other banks in Pakistan. This tax applies to income generated from digital advertisements.
- Allied Bank Limited (ABL):
Allied Bank Limited is another well-established bank in Pakistan, with a history dating back to 1942. The bank has a vast network of branches across the country, making it accessible for customers to receive their AdSense payments.
Withdrawing Tax Details: Allied Bank Limited also deducts a 15% withholding tax on Google AdSense payments for Pakistani residents. This tax applies to income generated from digital advertisements.
What Factors Should You Consider Before Choosing a Bank for Payments?
There are a few factors that you must consider before choosing your bank as a payment channel. Some of these critical factors we will discuss here.
The very first factor on the list is bank fees. The lowest bank fee and the best bank will be for your payment. Few banks can charge more than other banks. Ensure the bank you choose for your payment channel has low fees.
Many banks in Pakistan lack customer service, and once you open your account, you will regret choosing them, so consider customer service before choosing your bank. Try to take reviews from others about banks and payment channels so that you will make the correct choice for your payments.
The exchange rate is the most critical factor in choosing your bank account. Some banks charge more than 20% on each transaction, which means if you withdraw $100, you have to pay more than 20% of your account balance, which is far higher.
Online banking is one of the most imperative features nowadays. Try to choose the bank that provides all new and online banking services to make the banking process easy. One of the most beneficial online banking services is apps that nearly all banks nowadays offer, so the transaction and withdrawal options become easy for you.
Note: These are all the essential factors you must consider before choosing your payment gateway for Google AdSense payments in Pakistan.
How to Make Transactions from Google AdSense to Your Bank Account?
Here, we will describe the complete method for sending your money from Google AdSense to your bank account so that you can easily withdraw your earnings.
First, to send your transaction to your bank account, you must log in to your Google AdSense account to begin the transaction process. If you have $100 in your account, then you will be able to continue the transaction.
After successfully logging into your Google AdSense account, choose the payment option from the menu at the top left side of the screen. As you click on the payment option, go to the payment setting under the payment menu and click on the Add payment method to add your payment channel.
- Add Bank Account Details:
The following steps are to choose the wire transfer to bank account option as a payment method. Now, enter your bank details, including your name, account number, and other details needed. And then click on the save button.
You will receive the test deposit from Google AdSense to verify your bank account as you add your bank details. After completing the verification process, you can choose the payment method automatically.
- Login to your Google AdSense account by providing credential
- Choose the payment option from the menu and then choose to add a payment method.
- Add your bank details, name, address, account number, etc., and save the details by clicking on the save button.
- Verify the details on receiving the test deposit from AdSense. Your automatic choosing payment method is now save, and you can directly choose it to receive payments in your bank account.
How Many Google AdSense Payment Methods Are Available in Pakistan?
Different payment methods are available in Pakistan for Google AdSense accounts. In Pakistan, you can receive payment through direct bank deposit, wire transfer, Western Union, and cheque. You can receive or withdraw money from Google AdSense using all these options.
It is a direct receipt of money into your bank account. In this type of method, an amount of money is directly deposited into your bank account from your Google AdSense account.
Wire transfer is one of the safest forms of transaction. In this type of PF method, payments are transferred electronically using the banks’ SWIFT code.
In this type of fund transfer, the amount can be received in your account or collected from the Western Union partner banks and agents. This is another most accessible form of receiving money from AdSense.
A cheque is one type or method to get paid from AdSense. In this payment method, the user submits the cheque to the bank with correct information like address, date, etc. After submitting the cheque, the customer can receive the cash.
Is there any limit to making transactions from AdSense?
Yes, you can make a transaction if your account reaches the threshold of $100, and the bank charges will also be detected from this payment.
What factor must be considered before choosing a bank account for payment?
There are a few factors that are important to consider before choosing your bank for payment for Google AdSense:
What are the five best banks in Pakistan for Google AdSense payment?
According to our search, there are five different banks in which you can open your account and use it as your payment channel:
Bank Al Habib.
How many days does it take to receive payment from AdSense?
After the completion of every month and as you apply for the payments, you will receive your payment in your accounts within seven working days. Google releases payment each month on the 22nd. You will receive a payment within 7 working days, and if payment is delayed, you have to contact the bank and get info about payment.
This post will tell you about the best banks in Pakistan that offer fantastic services to the freelancer community by which they can get unlimited services and low exchange rates. I hope this post will be helpful to you. Thanks for visiting.