💰 How Your Project Payment Works

Your project earnings follow a structured process:

01 — Client Funds the Project

The client adds the agreed project amount to their FreelanceERP Wallet.

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02 — Funds Are Secured

The agreed amount is held in the client's wallet according to the project's payment terms.

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03 — You Complete the Work

You work on the project and deliver the agreed requirements.

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04 — Client Approves the Work

Once the client confirms the completed work, the applicable funds are released.

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05 — Earnings Reach Your Wallet

The released amount becomes available in your FreelanceERP Wallet.

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06 — Request a Withdrawal

You can request a withdrawal from your available wallet balance.

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07 — Processes the Payout

The payout and transfers the funds to your connected bank account.

🏦 Your FreelanceERP Wallet

One place to manage your project earnings

Your FreelanceERP Wallet provides a central place to view your available project earnings and withdrawal activity.

Depending on your account and project status, your wallet may include amounts that are:

• Available
• Pending
• Allocated to an active project
• Available for withdrawal

🌍 Currency & International Payments

FreelanceERP manages your platform balance in EUR (€).

When a withdrawal is processed, Bank (Wise - Revolut ) may convert the funds into the currency supported by your connected bank account.

Currency conversion and the final amount received in your local currency may depend on:

• Currency exchange rates
• Bank applicable fees
• Your bank
• Your country
• The payout method
• The currencies supported by your account
• *commission fee*

Your bank may also apply additional fees or charges.

⏳ Withdrawal Processing Time

After you request a withdrawal, the time required for the funds to reach your bank account can vary.

Depending on your country, currency, bank, and payout conditions, payouts may take several business days.

Always check the payout information shown for your account for the most accurate processing estimate.

🔄 Milestone & Hourly Projects

Payments can follow the structure of your project

Different project types can use different payment structures.

Milestone Projects

For milestone-based projects, the client can allocate the amount associated with each milestone according to the agreed project terms.

When a milestone is completed and approved, the corresponding amount can be released.

Hourly Projects

For hourly projects, payment can be based on the hours agreed with the client.

For example, if 30 hours are agreed but only 10 hours are completed and approved, the applicable amount for those 10 hours can be released according to the project's terms.

🛡️ Keep Your Payment Information Updated

To avoid unnecessary delays, make sure your account information remains accurate and up to date.

If your bank account, address, legal information, or other important account details change, update them through the appropriate account settings.