If you're a remote worker or freelancer, chances are you're losing a chunk of your salary to excessive withdrawal charges and bad exchange rates.

But here's the good news: with the right platform to receive your salary, you can keep more of your money where it belongs in your wallet. In this guide, we’ll break down how to avoid high withdrawal fees, explore how to receive your remote salary, and spotlight why using Grey is a game-changer.

Also read: Earning in USD? Here’s how to receive your salary as a remote worker

3 ways to avoid high withdrawal fees

1. Use multi-currency accounts: Receiving your salary in a local currency bank account (like Naira) often means you're stuck with poor   exchange rates and forced conversions. But with multi-currency accounts  in USD, GBP, or EUR, you can  receive payments like a local and convert your money when it suits you.
2. Time your conversions: Exchange rates fluctuate daily. Avoid converting during weekends, public holidays, or periods of high market volatility. Platforms (like Grey) even show daily rates, so you can wait for the most favourable day to convert and withdraw.
3. Negotiate payment channels: Employers may prefer PayPal or bank wire by default. Ask them if they can pay through Grey instead, especially if you’re bearing the charges. A short conversation can save you long-term losses.

Also read: Avoid these costly mistakes while applying for remote jobs worldwide

Platforms for receiving remote job salaries

1. Grey: Grey offers multi-currency accounts in USD, GBP, and EUR, making it easy to receive international payments. With competitive currency exchange rates, you can convert and monitor payments seamlessly. Grey also allows hassle-free withdrawals to local banks
2. Western Union and MoneyGram: These services are useful for receiving cash quickly, but may not be ideal for regular transactions due to their fees and in-person pickup requirements.
3. PayPal: PayPal is a popular option for freelancers and e-commerce businesses, but its high fees and currency conversion rates can be a drawback.
4. Payoneer is a popular platform for receiving payments from marketplaces like Upwork, Fiverr, and others. It provides you with local receiving accounts in multiple currencies, making it easy to get paid from international clients. You can withdraw your funds to your local bank account, although the fees for withdrawals may vary depending on your country and the amount being transferred.

Also read: 10 fun remote jobs that pay surprisingly well (and how to get them!)

Why Grey is best for remote salary withdrawal

1. Foreign currency accounts: Grey gives you access to real foreign bank accounts in USD, GBP, and EUR. This means you can receive payments from international clients or employers just like someone living in those countries.
2. Fast withdrawals: Tired of waiting 3–5 business days for your money? Grey typically processes withdrawals within hours (sometimes instantly), making it easier to access your funds in emergencies.
3. Transparent exchange rates: Grey shows you the exchange rate upfront before you convert. This avoids the frustrating guesswork (and hidden deductions) many platforms come with.
4. One financial dashboard: Whether you're managing multiple clients or income streams, Grey simplifies everything. Track balances, convert currencies, and withdraw—all in one clean, easy-to-use mobile or web app.

Say goodbye to high withdrawal fees

As remote work grows, high fees on international payments can quickly add up. Grey helps you avoid  these costs with multi-currency accounts, competitive exchange rates, and fast withdrawals to your local bank. No more hidden charges or bad conversion rates. Sign up on Grey today or download the app to start receiving your international payments without the hassle.

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