#ednonstop-currency-conversion
wanton sierra
bitter loom
Hi 👋 can you elaborate a bit on what you're referring to or what you're trying to accomplish that is giving you trouble?
scenic summit
The functionality i need is:
- To convert currencies amount with actual exchange rate (maybe stripe has such api)
- To pay and transfer in different currencies (gbp, eur, usd) directly to owner account without additional conversions and fees
bitter loom
This is the page that we have for estimating what we consider the current conversion rate to be for two currencies:
https://dashboard.stripe.com/currency_conversion
There are also additional fees if we perform currency conversions on your behalf, which can be seen here:
https://stripe.com/en-gb-us/pricing#pricing-details
We aren't too familiar with the specifics of fees in this forum, so if you have further questions on that topic our Support team is likely best suited to help:
https://support.stripe.com/?contact=true
The big limitation with currencies, is what currencies your Stripe account is allowed to settle funds in (known as settlement currencies).
It also sounds like you're planning to use this in conjunction with Stripe Connect, which adds an additional layer of complexity as Connected Accounts could have different settlement currencies based on their location. Can you confirm whether you were looking at using Connect?
scenic summit
Ok, i see exchange rate estimate api but looks like to receive it i need to retrieve transaction. And i need to convert some currency to another via actual exchange rate before transaction
Yes i'm using Connected Accounts
My flow is the next: user pay -> company receives funds -> company transfer funds to stripe connected accounts
bitter loom
ednonstop-currency-conversion