#jrubensson.currency-conversion
pure peak
Hey. Do you have a EUR balance/external account on your account? Or only SEK?
There's details on this here: https://stripe.com/docs/currencies/conversions
Specifically:
When the presentment currency differs from your settlement currency—that accepted by any of your bank accounts or debit cards—or you have disabled the currency on the settlement currencies page, we’ll automatically convert the payment to your default settlement currency before transferring the funds.
thorn salmon
We only have accounts in SEK right now.
pure peak
Yep, then we'll handle the conversion before it's paid out to your account
Will appear like so in your Dashboard
thorn salmon
Ah alright. So just to be clear, it is converted during payout to our bank account, not at the event of the transaction itself?
pure peak
No, it's converted by Stripe after the payment and before the payout
- You're accepting EUR payments
- You have an SEK balance/bank account
- The EUR is converted by Stripe to SEK and credits your SEK balance
- SEK is then paid out
thorn salmon
Ah okey, so that 3rd step, when is that done? Just before the payout, or just after the payment has been successful? The timing is crucial here.
pure peak
At the time of the payment
thorn salmon
Ah alright, perfect. Does this exchange rate that stripe used come with the charge.succeeded webhook, or do we have to look it up elsewhere?
pure peak
Good question! Let me check
It's ava'lable on the balance transaction object: https://stripe.com/docs/api/balance_transactions/object#balance_transaction_object-exchange_rate
thorn salmon
Ah alright, perfect. Then we'll just tap into that. That answers all of my questions, thank you!
pure peak
Np!