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Payments

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In a nutshell, this is what you need to know: We use direct debits to bill your company, either via ACH in the United States or SEPA in the Eurozone. Total cost of employment (TCE) and our fee will be charged as soon as you approve payroll for the month. You will be billed in the local currency of your bank account. We send salary payments using local bank transfers when possible and in the local currency of your employee.

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Wondering what countries we are available in? See: remote.com/countries

For employers

What payment methods are available?

We currently support direct debits via ACH in the United States and via SEPA in the Eurozone. You have to link your company's bank account to your account with us to enable this.

When will I be charged?

The total cost of employment (TCE) and our fee will be charged as soon as you approve payroll for the month. If you have not approved payroll by the 18th of the month, we process it on the 19th and charge your bank account for the amount of the TCE and our fee.

Are there any payment fees?

No, we do not charge payment fees. Our only fee is the percentage we charged over TCE per month. See our pricing FAQ for more details.

What currency will I be billed in?

You will be billed in the local currency of your bank account. We handle everything related to converting to the local currency of your employee.

For employees

How will I get my salary?

We use local bank transfers when possible to transfer your salary to you. If local bank transfers are not available to us in your country and your local currency, you will receive your salary via international wire transfer (SWIFT).

In general, the following applies:

  • If your local currency is Euro (EUR) and your bank account has access to SEPA, you will receive it via SEPA.
  • If your local currency is any other than Euro, you will receive your salary via local bank transfer or international wire transfer (SWIFT).
  • If your local currency is US Dollar (USD), you will receive it via US domestic wire transfer or ACH.

What currency will I receive my salary in?

You will receive your salary in the local currency that your contract is denominated in. If you are already an employee through Remote, your account has these details.

When will I get my salary?

We process bank transfers for salaries on the 25th of each month. If the 25th does not fall on a business day, we will send the bank transfers the next business day or the business day before the 25th.

When you receive the bank transfer with the salary from us depends on what payout method is used. In general, this is the estimated time it takes for the money to arrive to your bank account:

  • US ACH: same-day
  • US wire transfer: 1-3 business days
  • SEPA: 1-3 business days
  • Local bank transfer: 0-3 business days

Note: the above are estimates and there are a number of factors we do not have control over that may result in delays.

Why is my salary payment in the name of "Remote"?

"Remote" will be the name appearing in your payout details because we are your employer of record, and therefore every salary payment will be made by us.

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Interested in employing through Remote? Contact us: https://remote.com/contact-us