How to Withdraw Payments from Toptal Using Elevate Pay?

Mesan Ali

18 de ago. de 2025

18 de ago. de 2025

3 min read

3 min read

Freelancers and remote workers on Toptal aim for a fast and affordable payment method. However, in countries like Pakistan and Bangladesh, withdrawal options can be limited and expensive, especially when transferring funds to local banks.

Elevate Pay solves this problem. It provides a US-based USD account, which allows you to receive Toptal payments without high fees or forced currency conversions.

In this article, we’ll guide you step-by-step on setting up and using Elevate Pay as your Toptal withdrawal method so you can save more on every transfer.

Setting Up Elevate Pay as Your Payment Method in Toptal

Here’s how to add Elevate Pay to your Toptal account:

  1. Log in to your Toptal account.

  2. Go to your Pay Portal from the main dashboard by clicking “Transfer”.

  3. Click “Add New Transfer Method”.

  4. Select USD as the currency.

  5. Choose Bank Transfer as the method.

  6. Open your Elevate Pay app, tap Account Details, and copy your USD account number and routing number.

  7. Enter these details into the Toptal form exactly as shown in the Elevate Pay app.

  8. Save your changes.

Once added, Toptal will email you an activation link. Click on the link to start using your account. 

Also Read: How to Transfer Funds From Deel To Elevate Pay

Transferring Funds from Toptal to Elevate Pay

With Elevate Pay set up, withdrawing your Toptal earnings is simple:

  1. Log in to your Toptal account.

  2. Open your Pay Portal.

  3. Select Transfer to Bank.

  4. Choose your Elevate Pay account from the list of available withdrawal methods.

  5. Enter the amount you wish to withdraw and confirm.

Toptal will then process your payment and send you a confirmation once it’s on the way.

Benefits of Using Elevate Pay as Your Toptal Withdrawal Method

There's more! It's not just about a free USD account. Fees, savings, security, your entire experience is elevated.


No Deposit Fee

Receive payments into your USD account without incurring local bank fees or forced currency conversions.


Access to a USD Bank Account

Get a fully functional US-based USD account that works perfectly with Toptal, even if you’re in a country where PayPal or Stripe isn’t available.


Cost Savings

Avoid expensive withdrawal fees and poor exchange rates. Hold your earnings in USD and convert them when it’s most favorable for you. Send money home with a flat fee of $1.50 while maximizing your funds with the best exchange rates. 


Secure & Reliable

Your full payment amount arrives without hidden deductions, and you maintain quick access to your funds.

Why Bank With Elevate Pay?

Freelancers in emerging markets often face high withdrawal fees, poor exchange rates, and slow transfer times when getting paid from global platforms. Elevate Pay solves these challenges by giving you a secure, fully functional USD account that works just like a local bank account in the United States. This means you can receive payments directly in USD without mandatory currency conversion, allowing you to hold, spend, or convert your funds when it’s most profitable for you. With no hidden fees, competitive rates, and the convenience of instant account details in-app, Elevate Pay empowers you to keep more of your earnings and access them faster. Whether you’re a freelancer, remote worker, or small business owner, Elevate Pay makes global payments simple, affordable, and reliable.

By connecting Toptal with Elevate Pay, freelancers in emerging markets can withdraw in USD, cut costs, and keep more of what they earn.

Sign up for Elevate Pay on iOS or Android today and start withdrawing from Toptal the smart way.