The gig economy in the Philippines continues to grow. From graphic designers in Manila to virtual assistants in Cebu, many professionals are building careers by offering their skills to international clients. Working with clients abroad can bring diverse projects and the flexibility to work from home — or anywhere you choose. While the opportunities can be rewarding, planning how you will receive payment is just as important.
Managing international payments involves understanding exchange rates, transaction fees, and processing times. Many freelancers feel excited when they secure a client in the United States or Europe, but they also have practical questions: How will I receive my payment? How will the funds be converted into Philippine pesos (PHP)?
Today, there are several ways to request and receive international payments. This guide outlines common options and key considerations to help you make informed financial decisions.
Getting Paid Globally: A Guide for Filipino Freelancers
The gig economy in the Philippines continues to grow. From graphic designers in Manila to virtual assistants in Cebu, many professionals are building careers by offering their skills to international clients. Working with clients abroad can bring diverse projects and the flexibility to work from home — or anywhere you choose. While the opportunities can be rewarding, planning how you will receive payment is just as important.
Managing international payments involves understanding exchange rates, transaction fees, and processing times. Many freelancers feel excited when they secure a client in the United States or Europe, but they also have practical questions: How will I receive my payment? How will the funds be converted into Philippine pesos (PHP)?
Today, there are several ways to request and receive international payments. This guide outlines common options and key considerations to help you make informed financial decisions.
Understanding Your Payment Options
When starting out, you may use the payment method preferred by your client or rely on your existing bank account. However, understanding how different payment channels work can help you manage your earnings more effectively.
Bank Transfers (SWIFT)
Direct bank-to-bank transfers are a traditional method for sending money internationally. These transactions are typically processed through the SWIFT network, which connects banks worldwide.
Pros:
- Widely used and recognized by banks and businesses globally.
Considerations:
- Transfers may pass through intermediary banks that deduct additional fees.
- The exchange rate applied upon conversion may affect the final amount you receive in PHP.
Digital Wallets
Digital wallets are commonly used for online payments and cross-border transactions.
Pros:
- Convenient for managing online payments.
- Often include mobile apps for tracking transactions.
Considerations:
- Transferring funds from a digital wallet to your local bank may involve withdrawal or currency conversion fees.
- Costs and features vary by provider.
Remittance and Payment Request Tools
Some services are specifically designed for international payments. These platforms aim to simplify sending and receiving funds across borders and may offer features tailored for freelancers and remote workers.
Introducing Remitly for Freelancers
Remitly offers a payment solution designed for freelancers, contractors, and remote workers who need to get paid by international clients.
Remitly for Freelancers allows users to create payment requests and share them securely with clients. Once a payment is processed, funds become available in the user’s account. Users have the option to hold or withdraw funds anytime or when exchange rates work for them
How It Works
The general process includes:
| Steps | Description |
| Make a Request | Create a payment request through the Remitly platform and send the payment request link to your client. |
| Client Payment | The client completes the transaction using the secure payment link. |
| Funds Availability | After processing, the funds appear in your account according to standard timelines and applicable rules. In some cases depending on your client’s payment method, you may receive the funds instantly. |
| Manage Funds | Choose to hold funds in USD until you are ready to convert or withdraw to a local bank account, cash pickup, mobile wallet or home delivery. |
| Fees & Rates | Applicable fees and exchange rates are displayed during the transaction process so you can review the details before confirming. |
Best Practices for Requesting Payments
Regardless of the platform you use, maintaining a clear and consistent payment process helps you and your clients work more smoothly together.
Be Clear About Payment Details
Include project milestones, hours worked, invoice numbers, and the total amount due in your payment request. Clear documentation reduces confusion and supports timely payment.
Understand the Costs
International payments may include transaction fees and currency conversion costs. Review pricing details and terms carefully so you understand the total impact on your earnings.
Consider Timing
Exchange rates fluctuate. Some platforms may allow you to choose when to convert funds, depending on availability and applicable rules.
Frequently Asked Questions (FAQs)
Do I need a business bank account to receive payments in the Philippines?
Requirements differ by provider. As your freelance business grows, separating business and personal finances may help with organization and recordkeeping. However, setting up a business account is not required.
How do my global clients pay me?
With Remitly for Freelancers, you can generate a payment link and share it with your client. The client completes payment using the available options.
Is it safe to receive money this way?
When choosing any financial service, review the provider’s security practices and terms. Use official websites or apps and never share your login credentials.
Are there fees for receiving money?
International payment services may charge transaction or currency conversion fees. Review pricing information displayed during the transaction and consult the provider’s terms.
Taking Control of Your Freelance Finances
Managing cross-border payments is an important part of running a freelance business in the Philippines. Understanding available payment methods, fees, and exchange rates can help you select the most suitable option for receiving and managing your income.
Remitly for Freelancers is one option for requesting and receiving payments from international clients. Reviewing product features, eligibility requirements, and applicable terms can help you determine whether it aligns with your workflow and business needs.