Keep up to 8% more of your international earnings compared to PayPal
The allure of freelance and self-employed work is obvious. You can decide when and with whom you want to work. As a result it’s not uncommon to have clients overseas. But when you choose to work internationally, there are a lot of financial considerations to make – one of which is finding the best way to receive foreign payments.
Popular methods include being paid via bank transfer or PayPal. But typically you’ll get bad exchange rates, meaning the amount your client sends in one currency ends up getting converted to less in your home currency. Even worse, with PayPal business you get charged an additional fee just for receiving money into your account from abroad.
Luckily there’s another way to get paid - with a TransferWise multi currency account.Start saving now