As the official currency of 20 out of 27 European Union countries, the EUR connects over 350 million people across the continent. and Globally, more than 200 million rely on it daily for different transactions, such as buying goods online, sending money back home, and paying bills.

The Philippines has over 1.5 million freelancers working with different clients in Europe. From marketing to programming, the country has established itself as a top destination for European clients looking for freelancers to hire on both a short-term and long-term basis.

This interaction between Philippine freelancers and European clients has led to the growth of the need for a secure, reliable and faster payment solution to facilitate cross-border transactions between these two parties.

This article will explain how Grey can send and receive EUR in the Philippines.

Also read: The best digital nomad jobs in the Philippines.

What challenges do Philippine freelancers face when sending and receiving EUR payments?

• High conversion rates: Traditional banks charge high rates when the Philippines exchanges from EUR to PHP.
• Hidden fees: Transactions from traditional banks aren’t transparent, so Philippine freelancers are burdened with paying hidden fees.
• Slow transactions: Transactions via traditional banks take a long time, making it difficult for freelancers in the Philippines to pay their expenses on time.
• Endless paperwork: While opening a foreign bank account through Grey requires only a valid ID and a few documents, opening an account with a traditional bank requires physical presence in a long queue and a lot of paperwork.

Also read: Budget-friendly destinations to visit in the Philippines in 2024.

Why is Grey a better solution for sending and receiving EUR in the Philippines?

Grey is a platform that helps freelancers, remote workers, and digital nomads send and receive payments from around the world.

With Grey, you can create free bank accounts in currencies like EUR, GBP and USD. Freelancers in the Philippines can receive EUR from their accounts and send it to these mobile wallets: Paymaya, GCash, Coins, Grabpay, Starpay, Tayocash, Palawaypay, Cbic, Lulu, Ussc, Zybi, etc.

Below are reasons why Grey is the best solution for freelancers in the Philippines.

• Global reach: You can send and receive money from over 170 countries and platforms through Grey.
• Multi-currency accounts: Grey allows you to hold your funds in multiple currencies and withdraw/convert them at your own convenience.
• No hidden fees: All fees in Grey are transparent, and there are no mysterious charges.

Also read: How to receive payments from Upwork in the Philippines in 2025.

How to start receiving EUR with Grey

• Sign up at grey.co or download the Grey app.
• Verify your identity (upload a valid ID and proof of address).
• Get your EUR account details instantly.
• Share your account info with your international clients or platforms.
• Receive payments and manage your money globally.

Also read: How to get an instant USD debit card in the Philippines.

How to send money to the Philippines?

• Log in to your account.
• Proceed to “Accounts” and select your EUR balance.
• Click “Send Money”.
• Select “Send via bank transfer” or “Send via mobile money.”
• Fill in the recipient’s details.
• Enter the transaction amount.
• Click “Continue”.

With Grey, freelancers in the Philippines can send and receive EUR payments from their clients.

Create your Grey account today or download the app to enjoy inclusive global banking, designed to help you carry your dreams across borders.

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