There is an increase in Peruvian freelancers tapping into international markets, particularly in the UK, US, and EU, where demand for remote talent continues to rise.

However, one of the biggest challenges remains getting paid. Traditional banking systems often come with high fees, slow transfers, and complex processes, making it difficult to manage global earnings effectively. With Grey, freelancers in Peru can enjoy multi-currency accounts, low fees, and fast transfers, making it easier to receive payments from clients.

Also read: Benefits of online global bank accounts for remote workers in Latin America

Why Peruvian Freelancers need to open US, UK, and EU bank accounts

• Faster payments – Holding a foreign account ensures faster transactions and reduces the risk of payment issues.
• Lower conversion costs – Exchanging USD, GBP, or EUR to Peruvian sol (PEN) through banks can result in unnecessary losses. A foreign account helps keep more of your hard-earned money.
• Credibility with clients – Many businesses feel more comfortable working with freelancers who have established accounts in major financial hubs.
• Increased access to freelance jobs – Some platforms favour freelancers who can receive payments in international currencies, expanding work opportunities.

Also read: How to receive and convert foreign currencies to USDC in Peru

Steps to receive payments in US, UK, and EU bank accounts in Peru

Step 1: Sign up for a Grey account

• Visit Grey’s website or download the Grey mobile app.

• Click "Sign Up" and provide your email address, phone number, and password.
• Verify your email and phone number to activate your account

Step 2: Complete identity verification

• Upload a valid ID (passport, national ID, or driver’s license).
• If required, provide proof of address (e.g., utility bill or bank statement).
• Grey will review and approve your identity within a short time.

Step 3: Open a foreign currency bank account

• Once verified, log into your Grey dashboard.
• Navigate to "Create Account" and choose the preferred currency (USD, GBP, or EUR).
• Grey will generate a foreign bank account number and details for you.

Related: How to open US bank accounts remotely in Peru

Step 4: Share your payment details with clients

• Copy your newly created US, UK, or EU bank account details.
• Send the details to your clients via invoice, email, or contract agreement.
• Clients can transfer funds directly as if sending to a local account in their country.

Step 5: Convert and withdraw to your Indonesian account

• Convert your funds from USD, GBP, or EUR to PEN at competitive exchange rates.
• Withdraw your money to any Peruvian bank account quickly and securely.

Conclusion

With Grey, Peruvian freelancers can get paid faster, reduce transaction costs, and manage global earnings effortlessly. Create your Grey account today and enjoy seamless cross-border payments

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