Is it advisable to pay in local currency when using resource from outside RSA

[intengu]

Hello

I would like to make use of software and web development resources from India or Indonesia.

Is it possible to pay in their local currencies / is it a good idea and which banks provide for this?

Thank you.

 

[CamiKaze]

Probably better to pay in South African Currency.
What needs to be developed?

 

[Corelli]

Use a system called freelancer

Hello

I would like to make use of software and web development resources from India or Indonesia.

Is it possible to pay in their local currencies / is it a good idea and which banks provide for this?

Thank you.

Try freelancer.com. And best to use paypal

 

[abvrnd]

Use PayPal as suggested by Corelli.

We have a regular development team in India. Just be warned, it is tough to find a good Indian architect and in most instances, you would be better off finding good people locally. Price wise, it is similar.

 

[zippy]

You would probably need to agree this with the developers. I am sure most Indian developers would opt to be paid in US instead of their local currency, so maybe they wouldn't mind being paid in SA rands. It depends on which direction the exchange rate is declining. If you can negotiate to pay in rands that would make it easier for your as your cost predictions become easier, but if a fluctuating exchange rate makes their revenue reduce, you could have a problem going forward and lose the supplier, and this type of work is not the type that you want to switch suppliers on a regular basis.

Generally sellers of goods and services prefer to be paid in their local currency, unless their economy is in the toilet.