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Which currencies can I pay out in?

Fynex pays out in EUR, GBP, and USD. EUR goes over SEPA; GBP and USD go cross-border. Every payout account needs an IBAN. You can still collect payments in more currencies than you can pay out in.

Fynex pays out in EUR, GBP, and USD. EUR payouts go over SEPA; GBP and USD go cross-border. Every payout account needs an IBAN, whatever the currency. Note that you can collect payments in more currencies than you can currently pay out in — collection and payout are separate.

The details

  • EUR — paid via SEPA to an IBAN.
  • GBP and USD — paid cross-border to an IBAN; a BIC/SWIFT code is usually optional.
  • Other currencies — not supported for payouts today. A payout in an unsupported currency is rejected before it’s sent.

Matching currency to wallet

A payout has to be in the same currency as the wallet it comes from — you can’t pay out USD from a EUR balance directly. If you hold a balance in a currency you can’t pay out, you’d convert it first. See What are wallets and how does money move between them?

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PayoutsHow do I add a bank account for payouts?Add a payout account with its IBAN in the dashboard. Every new bank destination is reviewed once before its first use, as a security check against fraud.Accepting paymentsWhich payment methods and currencies can my customers use?Cards with 3-D Secure, Apple Pay and Google Pay, plus popular local methods across Europe. Charge in GBP, USD, EUR and other European currencies depending on your account.Split paymentsWhat are wallets and how does money move between them?A wallet is a balance inside Fynex, held per currency. Payments and splits move money into wallets; payouts move it out to a real bank account. Every movement is recorded, so balances always reconcile.
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