How non-local currency salaries work for EOR team members

IIn some countries, team members hired through Remote's Employer of Record (EOR) can have their salary set in a non-local currency, such as USD or EUR. When this option is chosen, the salary will be paid in that same foreign currency.

This option gives companies more flexibility when managing compensation in markets with volatile local currencies or when aligning salaries with global benchmarks.

Foreign currency salary fee

When you choose a non-local currency salary arrangement, a recurring fee of 50 USD per team member per month applies. This fee reflects the additional operational complexity and compliance requirements involved in managing non-standard payroll setups across jurisdictions.

You’ll only be charged if you actively request this option for a specific team member in an eligible country. The fee will be clearly itemized on your reconciliation invoice.

What is a non-local currency salary?

A non-local currency salary means the salary is defined and paid in a foreign currency, such as USD or EUR, rather than the local currency of the country where the team member is employed.

For example, a team member employed in a country where the local currency is not USD will still have the salary set and paid in USD.

Countries where this setup is available

The table below shows where non-local currency salary arrangements are supported and how the salary is structured in each country.

This option may not be available in other countries due to local legal or currency regulations. Availability is subject to change.

Important information

• Denominated means the employee’s salary is defined in that currency, including in the employment agreement.
• Paid in refers to the actual disbursement currency.
• In some countries, specific legal or regulatory conditions must be met before a non-local currency salary can be approved.
• Additional requirements may apply based on the country and your employee’s specific case.

How to request this setup

If you want to set up a non-local currency salary for a new hire or existing team member, you can do this on the Remote platform (for a new team member) or through your Customer Success Manager.

If the salary is defined in a foreign currency but paid in local currency, refer to How linked salaries work for EOR team members instead.

Check also

• How to add an employee with a non-local currency on Remote
• How linked salaries work for EOR team members
• Understanding non-local currency payments vs. linked salary payments
• Understanding correspondent Bank Fees for Non-Local Currency salary payments for EOR employees