Bitwage Logo
๐Ÿ‡ฎ๐Ÿ‡ช
EUR ยท

How to Pay Contractors
in Ireland

Pay Ireland-based contractors via SEPA Instant, SEPA Credit Transfer. Average settlement: < 10 seconds.

Ireland Payment Overview

Euro ยท EUR

SEPA Instant
EPC SEPA Instant Credit Transfer โ€” 24/7 euro payment acโ€ฆ
< 10 seconds
0โ€“0.3%
SEPA Credit Transfer
Standard SEPA Credit Transfer processed during TARGET2 โ€ฆ
1 business day
0โ€“0.3%
Avg settlement< 10 seconds

How You Pay in Ireland

You fund in USD, stablecoin (USDC/USDT), or BTC. Your contractor in Ireland chooses how they receive it. Bitwage handles the conversion and routing.

You Send
USD
Wire ยท ACH ยท FedNow
Stablecoin
USDC ยท USDT
BTC
Bitcoin
Bitwage
Converts & Routes
FX locked at approval
Compliance screened
Optimal rail selected
๐Ÿ‡ฎ๐Ÿ‡ช They Receive
SEPA Instant
SEPA Credit Transfer
USDC / USDT
Bitcoin
Contractor chooses their method
You never need to worry about local rails
Fund your Bitwage Balance in USD, stablecoin (USDC/USDT), or BTC โ€” one time. When you run a payment batch, each contractor in Irelandreceives funds via their preferred method automatically. You don't configure rails, manage FX, or send individual wires.

How Bitwage Works in Ireland

Bitwage connects your USD balance to Ireland's local payment infrastructure. You fund once, we route to each contractor via their preferred rail.

01

Fund Your Balance

Deposit USD into your Bitwage Balance. No need to pre-convert to EUR.

02

Add Contractors

Enter each contractor's payment details โ€” CLABE, IBAN, wallet address, or local account number. Or upload a CSV.

03

Execute & Settle

Bitwage locks the FX rate, converts, and routes via SEPA Instant. You get a settlement confirmation for every payment.

Compliance Notes

Irish contractors must register with Revenue Ireland and issue invoices for self-employed income. Many US tech companies have Irish subsidiaries; Bitwage handles both US-parent and EU-entity payroll flows.

FX Considerations

Ireland uses the Euro. For USD-funded payments, Bitwage locks USD/EUR at execution. Ireland is a major EU tech hub, and many companies pay Irish contractors from USD treasury.

Key Terms

Paying Contractors in Ireland FAQ

Common questions about EUR payments, local rails, compliance, and FX.

US companies fund their Bitwage Balance in USD. When paying Irish contractors, Bitwage converts USD to EUR using our fx rate lock and delivers via sepa transfer. See contractor payments for entity setup.

Yes. If your company has an EU entity, you can fund from EUR directly โ€” eliminating the USD/EUR conversion. Bitwage supports both USD and EUR funding via our fbo custody account structure.

Yes. masspay handles cross-currency batch payment โ€” Irish contractors receive EUR via SEPA and UK contractors receive GBP via Faster Payments, all from one CSV upload.

Irish IBANs start with "IE" followed by 20 characters. Bitwage validates IBAN checksums before the first payment. The most common Irish banks are AIB, Bank of Ireland, and Ulster Bank.

Yes. Bitwage supports dual approval workflows. Two authorized signers can review and approve a payroll run before funds are released โ€” useful for US companies with Irish subsidiaries subject to SOX or internal audit requirements.

Ready to Pay Contractors in Ireland?

Fund your Balance once. Pay via SEPA Instant in < 10 seconds.