#Equilibrium
1 messages · Page 1 of 1 (latest)
Hi 👋 it is expected to receive funds in other currencies when leveraging on_behalf_of, you do not need to add a new bank account for those currencies, and can use the approach described here to trigger payouts of those funds:
https://stripe.com/docs/connect/currencies#application-fees-for-destination-charges-and-converting-balances
I'm looking into the article, thank you for sharing it
"Destination charges are converted to the connected account’s default currency from the presentment currency. The application fee remains in the connected account’s currency, whether application_fee_amount or transfer_data[amount] is used.
For example, the connected account accepts a charge in USD but settles in EUR. The charge is converted to EUR and sent to the connected account in EUR. The application fee is collected in EUR."
so switching between transfer_data[amount] and application_fee_amount wont matter
// Set your secret key. Remember to switch to your live secret key in production.
// See your keys here: https://dashboard.stripe.com/apikeys
const stripe = require('stripe')('sk_test_yQSpfDpYWhTLTZC0uU6C6U8O');
const payout = await stripe.payouts.create({
amount: 1000,
currency: 'xaf',
});
it's saying here that I can using this API call, is it possible to do via the dashboard?
and let's say that I have automatic payout enabled. will this cause issues in our case?
I'm not certain whether that can be done from the dashboard (we primarily focus on the API side of integrations in this forum). The page where I would have expected it to be an option in the dashboard if it was, pointed me back to the article I linked above, so it may not be possible to trigger those from the dashboard.
No worries, I'll check with the support directly about this
thank you for pointing me in the right direction
feel free to mark this discussion are done
Any time, always happy to help!