What conversion rates are used when invoicing?

Article author
Nneka
  • Updated

All the elements on the payslip that are in a different currency than the billing currency are converted using the Remote FX Rate.

This rate will vary from month to month with transaction volume, the volatility of the currency pair, and conversion cost and risks associated with holding and transacting in foreign currencies.

See also: How does Remote handle currency conversions and foreign exchange rates for Employer of Record (EOR) services ?

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