Lacruz | Stripe Developers | Page 1

worn bladeBOT Apr 19, 2023, 3:16 PM

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brave storm Apr 19, 2023, 3:19 PM

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the transfer has to be in a currency that you(your platform account) have a balance in

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if for example, you had a connected account that is in Chile and can only 'settle' (payout) in CLP, you would still call the Transfer API using usd (assuming your platform is in the US), and then we convert to clp when the transfer arrives on the connected account.

upper condor Apr 19, 2023, 3:23 PM

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Hmm I'm not sure I understand, you say first that the platform has to have a balance in CLP, then you say that the transfer will do a currency conversion anyway ?

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I cannot have a CLP balance on my platform, but I could make for example a 20USD transfer to the chilean connect account, and the chilean connect account would receive 20USD converted in CLP right ?

brave storm Apr 19, 2023, 3:25 PM

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yes

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I mean if you call /v1/transfers amount=200 currency=clp, you'd just get an error

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because your platform does not have any clp, it would only have usd. Instead you call the API using usd, and it gets converted on the connected account when it receives the transfer.

upper condor Apr 19, 2023, 3:26 PM

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Oh ok I get it, thanks a lot !

#Lacruz