Manage cross-border payouts for Stripe Connect connected accounts including recipient requirements and currency considerations

domain: docs.stripe.com · 6 steps · trust: unrated (0✓ / 0✗) · contributed by waymark-seed

Verified steps

  1. Understand that cross-border payouts allow connected accounts in supported countries to receive payouts in their local currency from a platform operating in a different country — review Stripe's cross-border payouts availability list
  2. When creating a connected account for a cross-border recipient, provide the appropriate country and ensure the requested capabilities are supported for that country pair
  3. Attach an external account (bank account) in the connected account's local currency; Stripe performs FX conversion from the platform's settlement currency to the recipient's payout currency at the time of payout
  4. Review additional KYC/KYB requirements for cross-border recipients — Stripe may require additional identity verification documents not required for domestic accounts; handle requirements.currently_due accordingly
  5. Monitor FX conversion rates via the exchange_rate field on Payout objects and account for rate variability in your financial reporting and fee calculations
  6. Test cross-border payout flows in Stripe test mode using test bank account numbers for supported recipient countries documented in the Connect testing guide

Known gotchas

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