In a nutshell, this is what you need to know: Paying contractors through Remote is easy, free and we support contractors virtually anywhere in the world. This is how it works: 1. Your contractors submit their invoices through Remote which you then review and approve. 2. We issue a payment request to you for the approved contractors' invoices. 3. You make payment via your chosen method: wire, SEPA direct debit, ACH direct debit or a credit/debit card. 4. As soon as we receive the payment from your company, we payout the funds to the contractors. In summary: Instead of sending many payments to several contractors, you only make one payment to us and we handle the rest.
Wondering what countries we are available in? Visit: remote.com/countries
- For companies
- Do you support contractors?
- What countries & currencies do you support contractors in?
- How do I pay contractors through Remote?
- How do I review my contractors' invoices?
- What payment methods are available?
- How do I set up a payment method for my contractors' invoices?
- How do I pay the invoice via SEPA, ACH or Card?
- How do you ensure my contractor’s payout is not adversely affected by the currency exchange rate or transfer fees?
- What currency do I have to pay the invoice in?
- For contractors
- How do I submit an invoice through Remote?
- What currency will I be paid in? Can I choose?
- What currency should my invoice be in?
- What exchange rate is used to pay out funds to me?
- Why is the amount I received, less than what I was expecting?
- Can I be reimbursed for an expense?
- You don't support my currency, what can I do?
Do you support contractors?
Yes, we do have support for contractors or independent consultants through Remote.
What countries & currencies do you support contractors in?
We currently support adding bank accounts in any country that is a SEPA member, the UK, the US, Canada, Australia, India, South Africa, New Zealand, Mexico, United Arab Emirates, Japan, Argentina, Chile, Egypt, Georgia, Ghana, Indonesia, Israel, Singapore, South Korea, Vietnam, Thailand, Malaysia, Philippines, Turkey, Sri Lanka, Nigeria and Morocco.
Note that for now, payouts are restricted to SEPA members' native currencies, EUR, USD, GBP, CAD, AUD, INR, NZD, MXN, AED, JPY, ZAR, ARS, CLP, EGP, GEL, GHS, IDR, ILS, SGD, KPW, VND, THB, MYR, PHP, TRY, LKR, NGN, MAD, BYN, PKR, RUB. We will add more currencies over time.
How do I pay contractors through Remote?
Paying contractors through Remote is easy. This is how it works: your contractors submit invoices through Remote that you then review and approve. We issue you a payment request which contains the sum of all contractors' invoices. Once we receive the payment from you, we pay out to your contractors. Instead of sending many payments to several contractors, you only make one payment to us and we handle the rest.
How do I review my contractors' invoices?
Contractor invoices will appear under the "Contractors" tab when logged into your company's account. Here you can review the invoice amounts and date and decline or approve them.
What payment methods are available?
You can make payment for your contractors' invoices via bank wire, SEPA direct debit, ACH direct debit and all major credit or debit cards.
How do I set up a payment method for my contractors' invoices?
Adding a payment method will allow you process your invoice faster and allow us to pay your contractors much quicker. When you log onto Remote, under "Payment Methods" you'll be able to set up any of the following: SEPA direct debit, ACH direct debit or Cards. Once you input the details and authorize this payment method, it is saved for future payments making it easier to pay invoices. You can also set up more than one payment method.
How do I pay the invoice via SEPA, ACH or Card?
Once you have set up a payment method, go to the "Pay Contractors" tab on the Remote platform. Select the contractors' invoices you'd like to make payment for. Once you've been able to review and approve them, you will be prompted to make payment via your chosen method.
How do you ensure my contractor’s payout is not adversely affected by the currency exchange rate or transfer fees?
To provide a buffer because of the currency exchange rate, it’s advisable for contractors to add a very small fee in their invoice (depending on the size) to cover potential transfer fees (if any) and FX risk.
What currency do I have to pay the invoice in?
The payment request issued for approved contractors' invoices will be in your company billing currency.
How do I submit an invoice through Remote?
You can submit invoices by clicking on "Create invoice" on the "Invoices" section of your account. You then enter the invoice date the invoice amount and upload your own invoice file for the company to review, preferably a PDF.
What currency will I be paid in? Can I choose?
Yes! You can add multiple bank accounts and you can set a default bank account to have your salary paid into it. Click below to learn more.
What currency should my invoice be in?
Your invoice should be in the currency of your employer. You can do the conversion calculation yourself when invoicing.
What exchange rate is used to pay out funds to me?
If the currency of your bank account is different from your company's billing currency, we use Wise's exchange rate to disburse funds to you.
Why is the amount I received, less than what I was expecting?
This could depend on several factors. One, may be because of the the currency exchange rate used when disbursing funds to you. We use the Wise’s currency exchange rates for this. The second factor could be the transfer fees (which are usually very low) of sending the funds to your account. To hedge against these, it’s advisable to include a very small fee in your invoice.
Can I be reimbursed for an expense?
Although we currently don't support specific expense reimbursements for contractors, you can include the expense in an invoice and submit this on the platform. Once the invoice is approved, we will disburse the funds to you.
You don't support my currency, what can I do?
Want to learn more about employing with Remote? Speak to our team today: https://remote.com/contact-us