If you're a Filipino freelancer or remote worker, getting paid in USD is the best way to maximize your earnings. However, most Philippine banks require a high initial deposit and maintaining balance to open a USD account—making it difficult for freelancers and online workers to manage their payments efficiently.
Fortunately, there’s a better alternative: Opening a USD account with no initial deposit using Parallax.
Many local banks offer USD accounts, but they come with limitations:
❌ High initial deposit (e.g., $500 or more in some banks)
❌ Monthly maintaining balance required
❌ Slow processing times for international transfers
❌ Expensive withdrawal and conversion fees
Freelancers and remote workers need a hassle-free solution to receive USD without the burden of maintaining large balances.
✔ No initial deposit required to open a USD account.
✔ No maintaining balance—keep as much or as little as you need.
✔ Receive USD from clients globally via ACH, wire, and card payments.
✔ Withdraw to local banks, GCash, Maya, or even stablecoins like USDT and USDC.
✔ Better exchange rates compared to traditional banks and PayPal.
1️⃣ Sign up for a free account on Parallax.
2️⃣ Complete identity verification (KYC) to activate your USD receiving account.
3️⃣ Share your USD account details with clients for payments via ACH, wire transfer, or card.
4️⃣ Withdraw your USD to PHP via bank transfer, Maya, or GCash—or keep it in USDT/USDC for better flexibility.
💡 With Parallax, there’s no need to visit a bank or meet deposit requirements—you get a fully functional USD account instantly.
Parallax allows you to withdraw your USD earnings directly to:
✔ Philippine banks (BPI, BDO, Metrobank, etc.)
✔ E-wallets like GCash and Maya
✔ Crypto wallets (USDT, USDC, DAI)
1️⃣ Choose your withdrawal method (bank transfer, GCash, Maya, or crypto).
2️⃣ Convert USD to PHP at competitive exchange rates.
3️⃣ Receive funds within minutes (for e-wallets) or same-day processing (for banks).
💡 No excessive fees, no delays—just fast and efficient withdrawals.
Yes! Your Parallax USD account can receive payments via ACH, wire transfer, and card payments from global clients.
No. Unlike banks, Parallax does not require a maintaining balance.
ACH and wire transfers usually take 1-2 business days, while card payments are often instant.
If you’re a freelancer or remote worker in the Philippines, opening a USD account with Parallax is the best way to receive international payments easily—without the high fees and strict requirements of local banks.
