#gregory-cross-border-payout

1 messages · Page 1 of 1 (latest)

late zephyr
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I would expect Stripe to use the my USD balance for the transfer?
That's not how it works today unfortunately. You have to transfer USD since you have USD and then it will convert to AUD in their Stripe account if it's an AU-based Stripe account and then you can payout that amount

glass glade
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Thanks @late zephyr , only US based account supports cross-border payout.

late zephyr
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Not sure what you mean by that

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That doesn't change my answer here

glass glade
late zephyr
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just to clarify: I work for Stripe

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I just don't understand what part of my answer made you reply with that

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You have a US-based Stripe account, you do a topup, you get a USD balance. You want to do cross-border payouts to Australia, so you have a connected account that is based in Australia and expects AUD

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You transfer $X USD and it converts to $Y AUD

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and then you payout $Y

glass glade
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Let's say I want to send $20 AUD to a service provider in Australia, in the Transfer API, I set the currency to "aud", it failed with insufficient fund even though I have $1000 USD in my balance. So do you mean my app needs to convert the $20 AUD to $X USD, and call Transfer API with USD?

late zephyr
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yes

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We don't support the ability to say "hey transfer $20AUD and pull whatever you need in USD". It's something we might do one day but it's not supported today unfortunately