GBP and EUR Payouts in 2026: Flat $10 Fee and 1-2 Day Delivery
Updated 6 October 2026: The team at Rise refreshed this guide with current GBP and EUR withdrawal fees, delivery times, the latest dashboard steps, and live pricing.
Paying people abroad by bank wire is still costly. Globally, sending remittances costs an average of 6.36% of the amount sent, per the World Bank's Remittance Prices Worldwide database (Q3 2025 data, checked 6 October 2026).
Key Takeaways
Rise pays out GBP and EUR to local bank accounts.
Local-currency bank withdrawals arrive in 1 to 2 business days.
Rise charges a flat $10 per local-currency withdrawal.
Convert inside Rise first to avoid paying FX twice.
Book a Rise demo to pay UK and EU contractors.
Rise supports GBP (British Pound Sterling) and EUR (Euro) payouts, so contractors can withdraw earnings straight to a UK or European bank account. The option launched to give a global user base a smoother payout experience.
What's the fee?
As of 6 October 2026, the Rise Help Center fee table lists a flat $10 fee for each local-currency (ForEx) bank withdrawal, which covers GBP and EUR. The final fee always shows before you confirm.
How does it work?
Here is the current flow in the Rise dashboard, per the How to Withdraw Funds guide:
Open Withdraw Options: Log in, click Withdraw in the left sidebar, and open the Withdraw Options tab.
Add a bank account: In External Accounts, click Add, then choose Bank Account in the guided wizard.
Choose your currency: Enter your country, pick GBP or EUR as the currency to receive, and confirm the currency you hold on Rise.
Receive the payout: Rise creates the right bank account type, usually a Local Bank Account for a USD balance, and sends funds to your bank.
How to Avoid Paying FX Twice on GBP and EUR Withdrawals
Rise gives you two valid ways to convert, and the Rise Help Center warns to use only one. Path A: convert your USD balance to GBP or EUR with the Currency Conversion tool, then withdraw to a Domestic Bank Account with no FX fee at withdrawal.
Path B: keep your balance in USD and withdraw to a Local Bank Account, which converts automatically. Mixing the two paths can charge FX twice.
Why it matters?
GBP and Euro payouts are not just about more currency options. They give contractors the flexibility they need, whether they're based in Europe, the UK, or anywhere else in the world.
Faster Payout Time: Speed matters in freelancing. The Rise Help Center lists 1 to 2 business days for local-currency bank withdrawals such as GBP and EUR, versus 3 to 5 business days for international USD over SWIFT.
Rise built GBP and Euro payouts to simplify the financial side of freelancing, and keeps adding payout options as its user base grows.
Stay tuned for more updates, and here's to a brighter, more flexible financial future with Rise!
How Companies Pay UK and EU Contractors on Rise
Companies fund payroll once, and each contractor picks GBP, EUR, another local currency, or stablecoins at withdrawal. As of 6 October 2026, the Rise pricing page lists Global Contractor at USD 49 per contractor per month, Agent of Record at USD 299, and Employer of Record at USD 399 per employee per month.
Comparing models? See AOR vs EOR and EOR pricing, or fund in stablecoins with USDC payroll.
Rise's take: Let contractors choose GBP or EUR for rent and bills, and keep USDC as an option for savings. Teams that need both rails can run hybrid fiat and crypto payroll from one dashboard.
GBP and EUR Payouts FAQ
How long does a GBP or EUR withdrawal take on Rise?
A GBP or EUR withdrawal from a USD balance to a Local Bank Account usually arrives in 1 to 2 business days. Withdrawals from a GBP or EUR balance to a Domestic Bank Account take 3 to 5 business days, per the Rise Help Center.
How much does it cost to withdraw GBP or EUR from Rise?
As of 6 October 2026, the Rise withdrawal fee table lists $10 per local-currency (ForEx) bank withdrawal, $25 for international USD over SWIFT, and free US domestic transfers. The final fee shows before you confirm.
Can contractors get paid in USDC instead of GBP or EUR?
Yes. USDC withdrawals carry a flat network fee, listed at $2.50 on Ethereum, Base, Optimism, and Polygon and $2.90 on Arbitrum in the Rise fee table on 6 October 2026.
Is a stablecoin payout cheaper than an international bank transfer?
Often, yes, because stablecoins skip correspondent bank hops. The World Bank puts the global average cost of sending remittances at 6.36% of the amount sent, though off-ramp and FX fees still apply when you convert to local currency.
Can a company pay UK or EU contractors without a local entity?
Yes. Contractors can be paid on Global Contractor or Agent of Record without a local entity. For full-time employees, Rise's EOR pricing page lists owned EOR entities in the United States, United Kingdom, and Canada as of 6 October 2026.
Pay UK and EU Contractors With Rise
Book a demo with Rise to map your countries, payout currencies, and worker types onto one payroll flow.