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Message: <blockquote data-quote="apr80" data-source="post: 27218006" data-attributes="member: 564211">As per my experience, being a remote worker I can give you the answers as follows. But please do your own research as well. What is the type of Account I need to create myself?Create a PFCA account if you are getting paid in US dollars. I'm not sure it's available for SG$ though - Please check with the bank whether you can open PFCA for receiving SGDs.What are/is the best bank for this and why (right now I work with HSBC, Combank, Sampath and HNB)?I am getting the best rate with HNB. Not sure about other banks. Please check their buying rates for the corresponding currency that you getting paid and select the bank that provides a higher rate. What do I need to set up the above account?Job contract if you have or any other similar proof. How can I withdraw money and what sort of charges will apply?You can ask the SG employer to wire transfer money to your PFCA account. After that, you convert the money to your rupee account as needed. When you receive money from a wire transfer there will be a small amount deducted as charges. That's the only charge you have to worry about. What do I need to consider with the current exchange issue in SL?Better if you can find out whether you can maintain an account in SG bank and receive the salary to that account. Or else, you can ask your employer to send money through a service like Payoneer so that you have more control over your dollars. Any idea about paying payee tax?As I know when you receive your salary from the foreign currency you will not be needed to pay payee taxes. But I'm not an expert in giving advice about this. Please do your own research or ask from a tax adviser. Any other advice?Find out the digital nomad visa scheme if you wish to travel and work. Good luck with your new role!</blockquote>

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