If your Stripe account supports multiple settlement currencies, how many bank accounts can you link?

Prepare for the Stripe Fundamentals Exam with comprehensive flashcards and multiple choice questions that include hints and explanations. Ace your exam with ease!

Multiple Choice

If your Stripe account supports multiple settlement currencies, how many bank accounts can you link?

Explanation:
Payouts in Stripe are currency-specific, so you need a bank account for each currency you settle in. If you support multiple settlement currencies, you link one bank account per currency to receive those funds in the respective currency. For example, you’d have a USD bank account for USD payouts and a separate EUR bank account for EUR payouts. If you only settle in one currency, you’d have just one linked bank account. This is why the correct option is that you can have one bank account per supported settlement currency. The other options would imply a single account for all currencies, a fixed small number, or unlimited accounts, which isn’t how per-currency payouts are handled.

Payouts in Stripe are currency-specific, so you need a bank account for each currency you settle in. If you support multiple settlement currencies, you link one bank account per currency to receive those funds in the respective currency. For example, you’d have a USD bank account for USD payouts and a separate EUR bank account for EUR payouts. If you only settle in one currency, you’d have just one linked bank account. This is why the correct option is that you can have one bank account per supported settlement currency. The other options would imply a single account for all currencies, a fixed small number, or unlimited accounts, which isn’t how per-currency payouts are handled.

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