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For some countries, although these tend to be the exception versus a general theme, payroll tax deductions and employer social charges must be paid from a bank account based in that country.
In practice it is more efficient to have a bank account locally for each country you have employees as this greatly reduces errors in foreign exchange and payments not reaching the bank accounts of recipients on a timely basis.
V-Sub International Payroll can cater for payments to employees in any currency.
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