Getting paid in Italy, should I put directly my IBAN?

[frika]

Hi all,

I am starting to work on my first project and it's my first time as a freelancer.

I am concerned about putting my IBAN on the platform, since I've read about (even if rare) scams  happened using it. I dont' understand how is that possibile, anyway I ask you as for sure there will be a more expert professional knowing how to deal with this practical details.

I have read there's Transferwise to receive and make international payments. It also change your currency from dollars into euros. I have read bad things about this solution too (blocked bank accounts).

Could someone ( Iam asking especially to Italian professionals) give me information about it?

Thank you,

Federica

[petra_r · Accepted solution]

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Federica F wrote:

I am starting to work on my first project and it's my first time as a freelancer.

I am concerned about putting my IBAN on the platform, since I've read about (even if rare) scams  happened using it.

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You have? Where? About Upwork?

Personally I do not use direct to local bank any longer because the exchange rate used by Upwork's banking partners is shockingly bad and it takes days.

I use my PayPal (which then allows me to transfer to my bank account) or my US virtual bank account or Payoneer.  

[iwan-spillebeen]

Not sure where you are at, but PayPal costs (2 USD versus 0.99 USD for direct transfer) plus PayPal exchange rates are more expensive than UpWork direct transfer for me.

[tranluu]

Hello Federica,

I am new to Upwork and payment in Italy as well. I would like to ask if you had answer for your questions which I have the same now. Could you please share your experience with me?

Thanks a lot.

Luu T