Check contractor payout coverage for every country

We initiate contractor payments on the day we receive your funds. Most payments reach contractors’ bank accounts within 2 days of Remote receiving your invoice payment. You can also view the payment timeline for each invoice on your dashboard.

Remote cannot process payments to your contractors until we have received your payment. Kindly note that some payments may take 2 – 5 days to reach Remote’s bank accounts.

Once we receive your payment, we coordinate with our payments partners to convert the funds into your contractor’s withdrawal currency. For payments routed via Wise, Remote provides an FX rate guarantee period to ensure your contractors obtain the full invoiced amount in their local currency.

If you pay your contractors locally (for example you are both located in the US and transact in USD) there are no fees.

If currency conversion is required, contractors have the choice to invoice in their currency to get a fixed amount, which means the exchange and payment fees are included within our Remote conversion rate, or they can opt to invoice in a fixed billed amount meaning they pay the fees. This can be arranged directly between companies and contractors on which arrangement is best for them.

We don’t add any costs for direct debits or bank transfers, however we do add a surcharge for card payments to cover card interchange costs.

Yes – a contractor can choose the currency to invoice in; this depends on their withdrawal currency or the billing currency you have set for your company on Remote.

Remote must receive funds from your employer before processing your payment. If your payout has not been initiated within 7 days of invoice approval, please check with your employer to confirm they have remitted funds to Remote.

If you do not receive the funds on the estimated date, please allow 1 – 2 business days before contacting Remote at [email protected].

You have the option to set your desired invoice amount in your local withdrawal currency, or your employer’s billing currency. Depending on your choice, Remote will automatically convert the funds received from your employer to your local withdrawal currency. For payments processed via Wise, Remote will guarantee that you receive the full invoiced amount in your local currency and protect you from currency fluctuations.

For payments processed via SWIFT (”wire” payments), our payment partners may charge a small amount that will be deducted from your payment ($5-$15 depending on the bank). Additionally, your local bank may charge additional fees. Please check with your bank for additional details.

Remote does not charge any additional fees for same currency payments facilitated via local payment networks.