When should I pay the placement fee?

The worker shall pay the placement fee to the licensed recruitment agency only after signing the POEA-approved contract and the agency must issue a BIR-registered receipt stating the date of payment and the exact amount paid.

Source: Source: Revised POEA Rules and Regulations Governing the Recruitment and Employment of Landbased Overseas Filipino Workers of 2016, Rule V. Fees, Costs and Contributions, Section 51.