#Harpreet-CurrencyFee
fluid cairn
It is listed public here, be sure to choose your country https://stripe.com/pricing/local-payment-methods
You can write to our friend at Support and they can clarify fee models for you
polar ravenBOT
:question: Have a non-technical question, account issue, or need one-on-one support?
We wish we could help, but this community is focused on developers and technical discussions. Our support team will be able to assist you better than we can: https://support.stripe.com/contact
dreamy jackal
It is listed public here, be sure to choose your country https://stripe.com/pric...
just want to confirm, if card is in USD and i charge in another currency in that case conversion happen or when charge in another currency and platform is in another currency ..?
when it happen ..?
fluid cairn
I think it's the latter, but I (and my team here) is not the best resource for this question. Please reach out to Support!
dreamy jackal
ok
dreamy jackal
is there any currency conversion api on stripe end, where i can calculate the conversion fee ..?
dreamy jackal
i want to check direct conversion rate via providing currency and amount, something like that ..?
like other currency rates API
fluid cairn
There are 2 things, currency conversion fee and currency conversion rate. Fee is outlined as 1% (US) is the pricing page, and rate can be estimated here https://dashboard.stripe.com/currency_conversion. But we don't provide an API to "preview" the rate, should it determined at the time transaction happens. However after transaction happens you can view its used exchange rate inside Balance Transaction: https://stripe.com/docs/api/balance_transactions/object#balance_transaction_object-exchange_rate
dreamy jackal
which API stripe uses for conversion or something else..?
want to know about currency conversion rate..?
i mean: 1USD = x CNY ..? only conversion rate
rocky sonnet
https://stripe.com/docs/currencies/conversions#foreign-exchange-rates is the answer to that
dreamy jackal
i want some API, so can avoid currency conversion while charging a customer
i mean, when customer going to charge in any currency , at run time i will convert to USD as per rate to avoid the conversion charges..?
please suggest
rocky sonnet
we don't publish the conversion rate through any API so you can't know it ahead of time
orakaro said that.
dreamy jackal
what should i do here ..?
rocky sonnet
depends what you're asking exactly and what the use case is.
in general the way to avoid currency conversion is to be able to settle in that currency on your Stripe account
so for example if you do a lot of payments with your customers in USD you should use a Stripe account that has a USD-denominated bank account, so that money is paid out without any conversion. That can mean having multiple Stripe accounts for different geographies or adding multiple bank accounts to your Stripe account for the countries your business operates in. https://stripe.com/docs/payouts#supported-accounts-and-settlement-currencies
dreamy jackal
no my platform is in USD, my client can pay in any currency they want. If that is non-USD then conversion will happen then, how can i aviod this. I am using separate charge and transfer option.
rocky sonnet
I explained above how it can be avoided
loud gate
as my colleague explained, you could either create multiple Stripe accounts depending on the geography or you could add multiple bank accounts, each in a different currency
allowing you to get paid directly in that currency
dreamy jackal
as my colleague explained, you could either create multiple Stripe accounts depe...
here is you taking about platform account right..?
loud gate
yes
dreamy jackal
is my connect id will remain same, after adding multiple account . I means same for all accounts and stripe manage it accordingly.
loud gate
no each account will have its own account id and is manage separately