#seyyedam7

1 messages · Page 1 of 1 (latest)

dim craneBOT
rotund grail
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Hello

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Are you a US-based platform?

green aurora
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Nope, it's AU based for now.

rotund grail
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Then the above isn't really possible.

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And there would still be an FX involved upon the transfer to the affiliate.

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No real way around that

green aurora
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We will make the application US-based in the future. Is there currently an alternative solution that is not automatic and does not include FX?

rotund grail
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You can't Transfer cross border from an AU platform

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So you would only currently be able to support AU Express Accounts with this current model

green aurora
rotund grail
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Yes I understand. But if you want to use the application fee you take from your Standard Accounts to fund the Transfer to the Express Accounts then that involves making a Transfer like we discuss here: https://stripe.com/docs/connect/charges-transfers - as you can see in that doc, there are cross border regulations that prohibit you from doing this outside of Australia