So now, you’ve started working at home. Got a good paying client. Agreed to the working conditions and everything. Next question is how to get paid?
There are a number of options you can use to get paid. Aside from the standard wire transfer between banks. Usually, employers who use work at home personnel don’t do wire transfers.(based on my experience.) Here are the usual methods they like to use.
Paypal -https://www.paypal.com/ – unfortunately it’s not that easy. You can receive and send money with paypal. But you can’t withdraw the money to you bank account until you have verified your paypal account. To verify, you would need a credit card. Withdrawing money from your bank usually takes 2-4 business days.(not counting weekends and holidays. Based on my experience with BDO – transfer funds from paypal to my account wednesday night, the funds usually are deposited friday night (might be different with other banks.)
Note: make sure your account name in paypal and your bank is the same. If not, you get charged 250php for return fees and it takes about a month to turn around.
Moneybookers – http://www.moneybookers.com/app/ – moneybookers.com – works almost the same as Paypal. Not sure about withdrawal methods as i haven’t used this. Most Filipinos who work at home use Paypal as to my knowledge.
Debit cards – if you dont have one – website partners will give you one for free(usually) like odesk, if you are members. There are maintenance fees a transaction fees. But good thing is you can use it like a credit card or atm.(as long as you have funds available.)
xoom money transfer – https://www.xoom.com/sendmoneynow/home?receiveCountryCode=- bank transfer. direct to your bank of choice. usually takes just a couple of hours at most. Unless you run into their security checks which turns out into a couple of days. Also, they made some changes with their policies. check out their website for updates.
Did i miss anything else???