guillaume-applicationfee-currency | Stripe Developers | Page 1

potent flickerBOT Jan 30, 2023, 6:40 PM

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leaden cloak Jan 30, 2023, 6:40 PM

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guillaume-applicationfee-currency

sick grove Jan 30, 2023, 6:40 PM

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Hi!

leaden cloak Jan 30, 2023, 6:41 PM

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Hey @sick grove ! When you take an ApplicationFee, it's always in the currency of the payment itself. So if you take a $100CAD payment with a $10CAD it'll be in CAD. And it will stick to CAD to avoid double currency conversion I think
https://stripe.com/docs/connect/currencies covers this in details

sick grove Jan 30, 2023, 6:45 PM

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Okay, let's say i wanna take 20% of payment made using my platform. The charge is made in USD and the destination account is in EURO. Stripe will transfer the money in euro and transfert it to the destination account, meaning my application fees are recorded now in euro, would it be possible to specify that the application fees should be in USD?

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My account balance is in multiple currency now and i can't make a payout from most if the account because i dont have an active account on those currency

leaden cloak Jan 30, 2023, 7:22 PM

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sorry, Discord got busy for a sec

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My account balance is in multiple currency now and i can't make a payout from most if the account because i dont have an active account on those currency
You can. It will convert to your preferred currency when you payout

sick grove Jan 30, 2023, 7:29 PM

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This is what i get from the UI

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Some of the charge were made is AUD and the fee deposited in a AUD account, but we do not have an active AUD account

leaden cloak Jan 30, 2023, 7:32 PM

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You might need to use the API for this. Sorry I don't really know much about the Dashboard flows

sick grove Jan 30, 2023, 7:34 PM

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Okay i'll keep looking and maybe try using a Direct charge

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This issue was raised by our accounting team and i'm kind of lost on the solution to apply. Thank you for the help 🙂

leaden cloak Jan 30, 2023, 7:35 PM

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what kind of connected accounts do you use?

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Standard, Custom or Express?

sick grove Jan 30, 2023, 7:36 PM

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Express

leaden cloak Jan 30, 2023, 7:36 PM

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Then definitely do not move to Direct Charges at all. Stick to Destination Charges, that is the only viable integration path

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Really what you can do is call https://stripe.com/docs/api/payouts/create to create a Payout for that balance and it'll convert to USD automatically

sick grove Jan 30, 2023, 7:38 PM

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okay, this will still do

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Thank you for your time!

#guillaume-applicationfee-currency