mtncr | Stripe Developers | Page 1

charred sparrowBOT Jun 5, 2023, 11:57 AM

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grim chasm Jun 5, 2023, 11:57 AM

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Hi there!

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Yes a Stripe account can have multiple bank accounts for payouts. You can learn more about this here: https://stripe.com/docs/payouts#multiple-bank-accounts

shrewd flame Jun 5, 2023, 11:58 AM

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Ahh great, thank you @grim chasm

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I assume Stripe automatically selects payout account depending on the payment currency. Or do we need to create a condition to accomplish this?

grim chasm Jun 5, 2023, 12:00 PM

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No this is automatic.

shrewd flame Jun 5, 2023, 12:04 PM

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Thank you 🙂

grim chasm Jun 5, 2023, 12:05 PM

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Happy to help 🙂

shrewd flame Jun 5, 2023, 12:21 PM

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Hi again @grim chasm

I have follow up questions after talking to finance and things look a bit complicated.

So, we receive USD payments for several countries (Japan, USA, Canada and Puerto Rico) and receive EUR payments for the rest of the world.

We'd like to have USD payments coming for US go to USD payout account and the other payments (Japan, Canada, Puerto Rico and RoW) go to our EUR account. Ofc, here for USD payments there will be exchange when making a payout to EUR account.

And if this works, how does it work with verification documents? The finance department states that Stripe asks for verification documents (I don't know what they are) and they want to make sure such split does't cause issues with those documents.

grim chasm Jun 5, 2023, 12:23 PM

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For this types of questions I recommend to ask Stripe support directly: https://support.stripe.com/contact

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