Bank Accounts & Location

[ianmk]

Hi all, 

Is the option for payouts dependent on location? I currenty get paid in USD to my US bank account because my location is in the US. Would I have to use a European bank account if I moved to Europe, or can people living abroad still be paid to a bank account in a country other than their location? I have student loans and US credit cards that need to be paid in dollars so that's a important factor for me.

Thanks in advance for your input!

[prestonhunter]

re: "Is the option for payouts dependent on location?"

Yes and no.

Some payment withdrawal methods are not available in some locations. But Upwork has no restrictions on withdrawing money to a U.S. bank account.

re: "Would I have to use a European bank account if I moved to Europe?"

No.

If you have a U.S. bank account that you withdraw money to, you are welcome to continue doing so regardless of where you are physically located.

[petra_r]

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@Ian K wrote:

Hi all, 

Is the option for payouts dependent on location? I currenty get paid in USD to my US bank account because my location is in the US. Would I have to use a European bank account if I moved to Europe, or can people living abroad still be paid to a bank account in a country other than their location? I have student loans and US credit cards that need to be paid in dollars so that's a important factor for me.

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 That should be fine, I still have my UK bank account on file as well. You can't set up a bank account located in a country that is different to where you are, (EXCEPT, actually, for a US account funnily enough) but you can continue to use yours when you move, even add a new bank account from where you move to. (In Europe life becomes difficult without a local bank account)

[ianmk]

 Thanks for your quick answers! Good to know.