#olli - Connect

1 messages · Page 1 of 1 (latest)

civic warren
pseudo narwhal
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the actual pi used: pi_3KjmalHvwzyLKnAV1HrLW8TU

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well i guess that answers my question. i dont know why this error wasnt thrown when creating the checkout session. but it really should be

civic warren
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Ah yes, OBO is required to indicate settlement in the currency of the Connected Account.

pseudo narwhal
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would it still not be possible if the transaction currency is the same as the one for transfer_data.destination?

civic warren
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The destination parameter does not have the same effect on determining the settlement currency.

pseudo narwhal
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so we have no other option than to use on_behalf_of?

civic warren
pseudo narwhal
civic warren
pseudo narwhal
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req_Tisgjgo6Kd0Twb req_YsSYw0idFlwG8X

civic warren
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But on_behalf_of was not used in this case?

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I thought you were going to try that since, as the doc I linked suggested, it is the only way to settle in the connected account's currency

pseudo narwhal
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i havent used OBO at all

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yeah but we cant use OBO as it would make the connected account the MoR

civic warren
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Then unfortunately you cannot settle in the connected account's currency

pseudo narwhal
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and there's no other way apart from OBO?

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even if we added the currencies as a settlement currency in our platform account?

civic warren
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Hmmm 🤔

pseudo narwhal
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otherwise we'll have to do payouts outside of stripe

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which thinking about it sounds like a real pain lmfao

civic warren
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I think that would be difficult to maintain but you could test it out. But now we are getting into an area that has more to do with international banking regulations. Honestly Support is much better equipped to advise you there.
https://support.stripe.com/contact/email

pseudo narwhal
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we could use https://wise.com 's api. we use them for our financial accounts instead of having a bank account

Wise

Banks sting you with hidden charges when you send money abroad. But that’s yesterday’s problem. Say hello to Wise, the clever new way to move your money.

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would still be really annoying though

pseudo narwhal
# pseudo narwhal well i guess that answers my question. i dont know why this error wasnt thrown w...

as far as transfers go, i feel stripe really needs to make https://stripe.com/docs/connect/cross-border-payouts at least somewhat available outside the us. without it, businesses like mine are unable to use stripe. it doesnt make business impossible, but its just weird that companies like paypal and wise are able to provide cross-border transfers but stripe isnt, especially seen as stripe has a lot more information than those companies would have regarding SOF.

civic warren
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Sorry for the delay, it got really busy just now

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The issue with cross-border payouts is another situation where we are dependent on banking regulations AFAIK. That is another good question for Support as that feedback does filter back to feature/product designers.