Multi-Currency Expenses#
When submitting an invoice or reimbursement, you can choose to submit in the currency of the Collective or the currency of your payment method.
Supported Currencies#
- Wise: Collective currency or payout method currency, with the limitation of the currencies that are supported by Wise
- PayPal: Any currency supported by PayPal
- Other: Any currency accepted by the Fiscal Host. Please contact the host admin if you're unsure about whether it will be accepted.
When making a payment you will receive the full amount in the currency you selected, regardless of fluctuations in currency rates.
How do we calculate our Exchange Rate?
- We rely on the payout provider (Wise, PayPal) whenever possible
- Otherwise, we fall back on internal caching and third-party APIs, mostly https://fixer.io