yobar | 08-13-2020 02:08 PM | Re: UK shopify account,another country bank for payouts The currency that your customers use to pay for their orders can be different from the currency of your payouts from Shopify Payments. That is, your store currency can be different from the currency of your bank account.
Suppose that your store is located in Europe, but the majority of your customers are in the United States. Because you sell to a lot of Americans, you set your store currency to United States dollars (USD). And because you need to pay your suppliers and employees in Euros, you set your payout currency to Euros (EUR). Alternatively, you can open a separate bank account that accepts USD currency, but then you have to manage both accounts and move your funds between them. |