What happens when balances from multiple currencies are paid out?

What happens when balances from multiple currencies are paid out?

• A. Stripe automatically sends funds to the associated account for each currency, avoiding exchange fees.
• B. Stripe converts all balances to the base currency before payout.
• C. Payouts are delayed until all currencies are settled.
• D. Payouts are only in the base currency.

Answer: (A)

When you have balances in multiple currencies, Stripe treats each currency separately for payouts. It sends the funds in that currency directly to the connected account, so you don’t have to convert everything to a single base currency just to payout. This means you avoid exchange fees on those payouts because the money stays in its original currency rather than being swapped during the payout flow. Payouts occur per currency as funds are available, rather than waiting to consolidate everything into one currency.

When you have balances in multiple currencies, Stripe treats each currency separately for payouts. It sends the funds in that currency directly to the connected account, so you don’t have to convert everything to a single base currency just to payout. This means you avoid exchange fees on those payouts because the money stays in its original currency rather than being swapped during the payout flow. Payouts occur per currency as funds are available, rather than waiting to consolidate everything into one currency.