Can Salaries be paid in Foreign currency?



Modified on: Wed, 21 Jan, 2026 at 8:31 PM

Our standard practice is to pay salaries in the local currency of the country of employment, typically to a local bank account, to meet legal, tax, and payroll compliance requirements.

If you’d like us to consider payment in a different currency or to a foreign account, we can review it case by case. There is no single universal rule across countries, and approvals depend on local regulations, payroll capabilities, and compliance risk.

Where applicable, if invoicing occurs in another currency, we convert to the local payroll currency using our standard FX method. Please review How does Horizons handle currency conversion or foreign exchange rates?

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