Individual - International
(If you are a residing in Sweden, please toggle to the Swedish version of this post)
Overview
When choosing this option, you will receive your payment without having to raise an invoice or without a selfbilling invoice being raised. Instead you will be getting a payment statement. Under this setup Gigapay may, depending on the country you reside in, report taxes. However, it is your responsibility to adequately withhold and pay taxes in your local domicile.
Steps to Accept Your Payment:
1. Review Payment Details
Check the gross salary and see the breakdown of deductions (income tax and payroll tax).
2. Pick payment method
Choose your desired payment method from the options below:
a) Bank transfer
A regular bank transfer is done to your bank account via SWIFT, SEPA, or ACH depending on your location. Before accepting the payment, ensure your bank account details, including the clearing number and the account number, are entered correctly on the payment page. Confirm all details are accurate to avoid delays. Once you accept the payment, the net amount will be directly transferred to your account. Depending on your bank, the transfer may take anything from seconds to a few of banking days.
b) PayPal
Before accepting the payment, ensure your are using the correct PayPal email address and confirm all details are accurate to avoid delays. Once you accept the payment, will be processed to be sent to your PayPal account. The processing of this may take a couple of business days. Note! The amount available in you PayPal may be lower than the accepted amount due to charges made on PayPal’s end.
5. Agree to Terms
Confirm your agreement to the legal terms and the fixed-term employment agreement by checking the respective boxes.
6. Accept Payment
Once all details are reviewed, and you are in agreement, click on “Accept payment.” The payout will be processed and sent to your chosen payment method promptly.
After you have accepted the payment the payout process will be initiated. Normally the money will arrive in your account between anywhere from seconds to a couple of business days, depending on the chosen payment method, your bank, and your location.
Note! Once the payment has been accepted, it is not possible to change any details connected to the payment itself.