What are foreign currency fees on my Bird Payments?

Two types of foreign currency fees can be charged on the relevant transactions, applicable to both card and local payment methods.

What are the types of foreign currency fees?

These two fees are mutually exclusive, so you will only be charged for either:

1. a foreign currency settlement fee or

2. a foreign currency conversion fee

When are these fees incurred?

Your home currency also determines these fees, the transaction currency and the settlement currency.

1. Local currency: The currency based on your account region and location. More details on the list of countries and their local currency can be found here

2. Transaction currency: This is what your customers see, transact and pay in at the checkout (e.g. on Payment Links)

3. Settlement currency: This is the currency that will settle into your Bird wallet

• Where like-for-like is supported, this will be the same as the transacting currency.

• Where like-for-like is not supported, the transaction will be converted into your settlement currency.

What currencies can I settle like-for-like?

The available settlement currencies depend on the payment method used.

For the full list of available settlement currencies, see the list here.