Which option is NOT one of the three best practices to avoid conversion fees?

Which option is NOT one of the three best practices to avoid conversion fees?

• A. Use transfer_data[amount]
• B. Use alternative currency payouts
• C. Choose your account structure (unified or regional Stripe platform accounts)
• D. Enable automatic currency conversion on payouts

Answer: (D)

Minimizing currency conversion fees when paying out to connected accounts hinges on keeping funds in the recipient’s currency whenever possible and controlling when Stripe performs any currency exchange. Using transfer_data[amount] lets you specify the payout amount in the connected account’s own currency, so funds aren’t automatically converted at the payout stage. Opting for payouts in alternative currencies supported by Stripe further reduces conversions by delivering in a currency that aligns with the recipient. Choosing the right account structure—whether unified or regional Stripe platform accounts—helps ensure the payout flows and currency handling match your business geography and the connected accounts’ currencies. In contrast, turning on automatic currency conversion would trigger conversions and add fees, so it’s not a best practice for avoiding conversion costs.

Minimizing currency conversion fees when paying out to connected accounts hinges on keeping funds in the recipient’s currency whenever possible and controlling when Stripe performs any currency exchange. Using transfer_data[amount] lets you specify the payout amount in the connected account’s own currency, so funds aren’t automatically converted at the payout stage. Opting for payouts in alternative currencies supported by Stripe further reduces conversions by delivering in a currency that aligns with the recipient. Choosing the right account structure—whether unified or regional Stripe platform accounts—helps ensure the payout flows and currency handling match your business geography and the connected accounts’ currencies. In contrast, turning on automatic currency conversion would trigger conversions and add fees, so it’s not a best practice for avoiding conversion costs.