Asking prospective employer to pay salary into another (EU) country account.

alexglobal24

Hi,

For some reasons I want my salary to be paid into another (EU) country accounts. I am a UK resident.

I wonder if its as simple as asking a manager/hr or?

Ayr_Rage

I doubt if that can be accommodated on a normal payroll system.

Your contract will most likely say that you will be paid by BACS to a UK bank account.

One option would be having the salary paid to a UK WISE account, they supply a UK sort code and account number, then you send as much as you want to the foreign account.

Ask your payroll people !

alexglobal24

Thinking of it well yes it depends on payroll system. Or bookkeeper would have to pay it manually They better be short of people to agree to push bookkeeper to do it

On a side note now some companies are paying via faster payments - hundreds of employees. Wonder which software they use

Brie

One concern their payroll would have is not being able to guarantee what amount would reach your offshore account.  Plus potentially there may be charges for them to pay or charges to you for the foreign exchange.  

So you may know you're getting paid £100 but might be annoyed at being charged 25euro each payday for your EU bank to translate £ to euros.  And this month you get just 40euro into your account and next month it's 41euro.  

Marcon

alexglobal24 said:

Hi,

For some reasons I want my salary to be paid into another (EU) country accounts. I am a UK resident.

I wonder if its as simple as asking a manager/hr or?

That's certainly your starting point. No good asking here with zero information about size of company/payroll system, destination country etc.

TELLIT01

It would be a question to ask at interview but I doubt you would get an immediate 'Yes' for the reasons outlined by others.  Just because it's possible to make payments to overseas accounts doesn't mean an employer would.

k12479

The obvious question for an employer is "why can't you transfer it yourself?", to which I can't really think of any good reasons, only nefarious ones, and is perhaps not a great message to be sending to a prospective employer.

SiliconChip

TELLIT01 said:

It would be a question to ask at interview but I doubt you would get an immediate 'Yes' for the reasons outlined by others.  Just because it's possible to make payments to overseas accounts doesn't mean an employer would.

There doesn't seem to be anything to suggest this is for a job that the OP doesn't have yet, I'd read it as them already working there but wanting to change the way they are paid. I'd be inclined to agree with @k12479 that there's no reason why the employer would agree to go along with this when it would be the OP's responsibility to do such a transfer.

k12479

SiliconChip said:

There doesn't seem to be anything to suggest this is for a job that the OP doesn't have yet, I'd read it as them already working there...

It's in the thread title - "Asking prospective employer..."

Marcon

Brie said:

One concern their payroll would have is not being able to guarantee what amount would reach your offshore account.  Plus potentially there may be charges for them to pay or charges to you for the foreign exchange.  

So you may know you're getting paid £100 but might be annoyed at being charged 25euro each payday for your EU bank to translate £ to euros.  And this month you get just 40euro into your account and next month it's 41euro.  

If the employer agreed (a VERY big 'if') then I'd expect it to be on the basis that payment was in sterling and OP would be responsible for any charges and also take the currency risk - which is what usually happens when a UK pension is paid to an overseas resident without a UK bank account. The big difference here, of course, is that OP is going to be a UK resident, not least for tax purposes.

SiliconChip

k12479 said:

SiliconChip said:

There doesn't seem to be anything to suggest this is for a job that the OP doesn't have yet, I'd read it as them already working there...

It's in the thread title - "Asking prospective employer..."

Whoops, so it is, that'll teach me to post after a long day out in the heat!