How does Stripe handle payouts when your account holds multiple currencies?

How does Stripe handle payouts when your account holds multiple currencies?

• A. It aggregates to base currency before payout.
• B. It pays funds to the associated account for each currency, avoiding exchange fees.
• C. It withholds all funds until conversion.
• D. It only supports single currency accounts.

Answer: (B)

When you deal with more than one currency, Stripe keeps separate currency balances for each connected account and settles funds in the same currency they were received. This means USD payments stay in USD, EUR payments stay in EUR, and each currency can be paid out without converting the money first. In practice, payouts flow to the connected account in the currency of the funds, avoiding exchange fees at the payout stage. This per-currency handling helps you preserve the value of funds in their native currencies. If a bank or withdrawal path doesn’t support a given currency, a conversion might happen later, but the standard payout flow itself avoids immediate FX costs by not mixing currencies.

When you deal with more than one currency, Stripe keeps separate currency balances for each connected account and settles funds in the same currency they were received. This means USD payments stay in USD, EUR payments stay in EUR, and each currency can be paid out without converting the money first. In practice, payouts flow to the connected account in the currency of the funds, avoiding exchange fees at the payout stage. This per-currency handling helps you preserve the value of funds in their native currencies. If a bank or withdrawal path doesn’t support a given currency, a conversion might happen later, but the standard payout flow itself avoids immediate FX costs by not mixing currencies.