Umbrella recommendations

[LostCause]

Hoping to tap into the collective wisdom here as I'm struggling to find an umbrella that fits my setup for a new contract.
My situation:

UK tax-resident, working fully remote from the UK
Agency / fee-payer for the new contract is based in Ireland
Agency will only pay in EUR (non-negotiable on their side)
Looking for an umbrella that will deal with an existing SIPP

Where I've got to so far:

NASA, declined, won't handle EUR payments
PayStream, looking unlikely based on initial signals

Any other suggestions given the situation outlined above?

[eek]

Clarity is one of very few who deal with overseas payments as exchange rate changes are a continual risk

[jamesbrown]

Clarity is one of very few who deal with overseas payments as exchange rate changes are a continual risk

I doubt they actually accept an exchange rate risk, i.e., a forward or fixed rate. You will get what you get at the point of currency exchange (i.e., when it hits Clarity's GBP account, which may be a poor fx rate if they are using a high street bank), surely...

[LostCause]

Clarity is one of very few who deal with overseas payments as exchange rate changes are a continual risk

I'll give them a try, thanks

[LostCause]

I doubt they actually accept an exchange rate risk, i.e., a forward or fixed rate. You will get what you get at the point of currency exchange (i.e., when it hits Clarity's GBP account, which may be a poor fx rate if they are using a high street bank), surely...

I’m hoping the exchange rate won’t be as bad as my local high‑street bank’s, but I get your point.

[jamesbrown]

I’m hoping the exchange rate won’t be as bad as my local high‑street bank’s, but I get your point.

Using an umbrella takes pretty much everything out of your control, unfortunately, including the ability to use a decent FX service with low fees and ~interbank FX rates, like Wise or MoneyCorp or Revolut (yuck). If Clarity is able to leverage one of those, great, but I would've thought they have a GBP account with a high-street bank that applies an FX rate probably ~2% worse than the interbank rate, plus fees, so you will get what you get when the Irish agency pays Clarity.

[Protagoras]

Although not usually very attractive, is this one of these situations where making the payment to one's 'PSC' could actually be beneficial - assuming that the fee payer in Ireland will pay a LtdCo?

On the grounds that this gives control of currency conversions and SIPP payments.

[LostCause]

Although not usually very attractive, is this one of these situations where making the payment to one's 'PSC' could actually be beneficial - assuming that the fee payer in Ireland will pay a LtdCo?

On the grounds that this gives control of currency conversions and SIPP payments.

Unfortunately the fee payer does not want to deal with a LtdCo, that was the initial and preferred approach.