Tom-transfers | Stripe Developers | Page 1

keen tree Jul 7, 2022, 5:11 PM

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Hi there!

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What type of Connected Accounts are you using?

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There really is no way to transfer later from UK to US. You would really need to use Destination + OBO here and transfer immediately, then you would reverse the transfer later if you need to pull the funds back.

thorny edge Jul 7, 2022, 5:13 PM

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Hey! Using Express accounts

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Whats OBO please?

keen tree Jul 7, 2022, 5:15 PM

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OBO = on_behalf_of.

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We discuss it here: https://stripe.com/docs/connect/destination-charges

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It makes the Connected Account the Merchant of Record

thorny edge Jul 7, 2022, 5:15 PM

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Oh ok yeah I know what you mean, ive read pretty much all the docs today trying to figure this out 😂

keen tree Jul 7, 2022, 5:15 PM

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And allows you to make cross border transfers

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Yeah this is a tough issue for a UK platform

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Due to the fund flow regulations

#Tom-transfers