How to open an overseas bank account from Pakistan, India, Bangladesh, Sri Lanka and Nepal
One of the toughest parts of being a freelancer from South Asia is the lack of payment option. I’ve personally come across many jobs/clients that specifically say they can only pay through US bank account or PayPal.
What options does that leave you with?
I my opinion best option is get paid in TransferWise. TransferWise work best one to one clients and google Adsense.
Step by Step Guide for open an overseas bank account
Don’t worry I’ll show you easy way to open an overseas bank account step by step.
Go to the transferWise website.
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Click on register an account than you have to fill out your personal details and click on signup.
After signup TransferWise ask you about how you want to use transferWise services. You have three options; selected all of them and continue.
TransferWise send you an e-mail for verification of your account. Go and check your inbox and verify yours account.
Now you logged in TransferWise account
click menu bar and select the balance option; than click on get started.
Now TransferWise gives you options for which currency would you like to receive and hold money in.
You’ll be able to hold more than 40 currencies. Local bank details are available for receiving money in GBP, EUR, USD, AUD or NZD
You can choose any currency to an overseas bank account. I selected GBP and EUR.
Click on open your EUR balance or what ever currency you choose.
Now your EUR balance is ready to use. Click on View EUR balance; you can check your bank account details.
Now you all think might be it’s fake or scam but I’m just trying to help our desi community. Here’s the proof. Can you see yourself.
You can also send your money to local bank account from TransferWise. Just you have to add your local bank account details in recipients page on TransferWise.
Most important thing is TransferWise service fees are minimum as compare to Skrill, Payoneer and Payza and other payment services. TransferWise also offers debit card. With that debit card you can verify your PayPal account easily.