#riptired_api
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- riptired_api, 27 minutes ago, 29 messages
- riptired_connect-sct-crossborderpayout, 2 hours ago, 27 messages
Hello can you show me the CLI call that you are making? It looks like it ended up sending us something as a string that should have been an object https://dashboard.stripe.com/test/logs/req_XMGWk2LKhJMrtK
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Hey sorry I just ended up using the API -- can I transition this to a different question
When making a transfer to a connected account, I want the amount they receive to be post Stripe fees i.e. I want to pay the connected account $100 post stripe fees
If I am doing this via Stripe transfers how would I accomplish that? / is there some configuration I need to do for that
If you transfer $100, that will transfer them $100 without any Stripe fees involved. That would mean that $100 leaves your account's balances, so you would be at a loss if the total payment is $100, but the fees are taken on the payment itself, we don't have a fee on transferring funds between accounts as far as I am aware.
Including for international connected accounts?
Ah you are talking about foreign exchange fees. Is your platform account a non-USD account?
No my platform is a USD account but a connected account I am dealing with is Canadian
ah so I need to factor in foreign exchange?
Canadian accounts can either have CAD or USD bank accounts connected to them. We convert the currency if the connected account does not have a bank account in that currency. https://docs.stripe.com/connect/currencies
Checking to see if we have a way to estimate the exchange rate
Based on those docs though my platform account should be eating all of the fees?
the balance that is showing up on that test connected account is $96.73 for a transfer of $100 acct_1Ps804D89fwhEmIb
Can you link to the transfer itself? (tr_1234)
tr_1Ps8NPDkBFIupQ29kdwMHwg3
Still trying to figure this out. For that transfer it looks like the the account got 133.37 CAD added to its balance. Where are you seeing $96.73?
which doesn't make sense because its not translating to 133.37 CAD
The main question I have is just around transfering out the whole $100 USD to CAD / USD connected accounts post fees
If you go to the account's specific dashboard page or retrieve its balances via the API, do they also say $96? I think that page may show you things in USD, as far as I can tell the CA account should have 133 CAD on it. I think the FX fee may have come out of the transfer when the FX happened but am having trouble finding specific proof of that. I will talk to my colleagues and see what we can find.