cryptohunter
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Huge companies pay their offshore employees through various means, depending on the location of the employees and the company's policies. Some common methods include:
- Direct Deposit: This involves transferring salary directly into the employee's bank account. This is a secure and convenient method of payment and is widely used by many companies.
- Wire Transfer: Companies can send funds from their home country to the employee's bank account in the foreign country through a wire transfer.
- Payroll Cards: Some companies may provide payroll cards to their offshore employees, which work like debit cards and can be used for making purchases and accessing funds.
- Physical Checks: In some cases, companies may send physical checks to their offshore employees, who can then cash them at their local banks.
- Payroll Services: Companies can also use third-party payroll services, which handle payroll processing and payment of salaries to employees in foreign countries.