#msms - destination OBO

1 messages · Page 1 of 1 (latest)

fallow cradle
#

Hello, catching up on this question. Will get back to you shortly

royal crown
#

Thank you!

fallow cradle
#

From that doc, it sounds like you will always receive the application fee in the connected account's settlement currency when using destination + OBO. I will see if there is a way around that but I am not immediately thinking of one.

royal crown
#

Sorry what is OBO?

fallow cradle
#

Is there a reason here other than just not wanting to accumulate balances in multiple currencies?

#

On behalf of

#

Wait, you said without on behalf of

royal crown
#

Yes we are not using OBO right now

#

Is there a reason here other than just not wanting to accumulate balances in multiple currencies?

I am not completely sure actually. I guess I was wondering if currency conversions were costly. Since the charge gets converted to USD first, I thought it would make sense for the application fee to be taken out directly, instead of being taken out after double conversion

fallow cradle
#

So that paragraph seems to say that if you use transfer_data[amount] that your application fee will be retained in USD. Which is what you are looking for here, correct?

royal crown
#

are there any implications to using transfer_data[amount] rather than application fee, aside from the fact that the amount will be retained in USD?

fallow cradle
#

Looking in to this. I know there are but I am not immediately remembering them

royal crown
#

Sure take your time, thank you

fallow cradle
#

Hey apologies, the server got very busy but I have not forgotten about this question. I've asked a colleague to assist and one of us should be able to help you shortly

fair wave
#

Hello 👋
Stepping in for Pompey here
Catching up on the thread