#imaliveagain - multi-currency
blissful path
If you don't have a matching settlement currency the default of your account will used:
https://stripe.com/docs/payouts#multiple-bank-accounts
spice sinew
So does that mean its the default of the platform account? Seems like it would be one of the two connected account settlement currencies?
In the example if my platform account GBP it will use GBP even when the connected account doesn't have a GBP?
blissful path
It will depend on the settlement account, if youre doing destination payments then yes your platform
FOr direct charges it would be the connected account
spice sinew
bummer so then it would get converted twice?
blissful path
You can read about the various way this will settle & convert here: https://stripe.com/docs/connect/currencies#example-scenarios
spice sinew
If we are using Destination charges with on_behalf_of
Seems to says it is converted to the default currency. So then on the account object for the connected account whatever we set as the default_currency it will convert to that?
https://stripe.com/docs/api/accounts/object
blissful path
It will be driven by the default currency of the connected account, yes
spice sinew
ok and just to confirm
Destination charges with on_behalf_of
if my Presentment is CAD and connected account settlement default is USD but there is also a connected settlement account that is CAD will it use the CAD or still FX to USD?
blissful path
If the connected account also has a CAD settlement account I'd expect that to be used like the multiple payout accounts doc indicates, but if you have an example payment not doing that please do share for us to investigate!
spice sinew
Ok thanks for your help
blissful path
NP!