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Business · Merchant payments · Fees

Will I be charged for foreign currency exchange fees?

Payments from your Merchant account are settled in their corresponding currency account. So if you made a sale in GBP, your transaction will be settled in your GBP account.

Once money is settled in the same currency, the business owner can decide whether to exchange money for a different currency.

When it comes to foreign exchange (FX) fees, allowances and fees apply based on your Business account plan.