TRANSACTION CURRENCIES: SEK, NOK, DKK, EUR
SETTLEMENT CURRENCIES: SEK, NOK, DKK, EUR
CURRENCY CONVERSION (FX) WITH QLIRO
Qliro enables you to accept orders in local transaction currency and get paid in your preferred settlement currency (see above). Conversions are handled at market exchange rates added plus the at any time applicable conversion fee according to the merchant agreement.
Qliro collects payments in the transaction currency. When we settle the funds to you, they are converted into your chosen settlement currency (from our supported options) using the market exchange rate plus the agreed conversion fee.
The applied exchange rate is available in the settlement report.
LIKE-FOR-LIKE SETTLEMENTS WITH QLIRO
Qliro also offers like-for-like settlements, meaning the settlement is done in the same currency as the transaction (no conversion). This applies to all supported settlement currencies offered by Qliro.
DOMESTIC LIKE-FOR-LIKE SETTLEMENTS
Qliro offers settlements to your local bank account in the same currency as the transaction. All you need is a settlement account in the same country as the transaction currency. The benefit of this setup is that no cross-border fees are applied.
- You can take orders in NOK and get paid on a NOK account, based in Norway
- You can take orders in SEK and get paid on a SEK account, based in Sweden
CROSS-BORDER LIKE-FOR-LIKE SETTLEMENTS
For added flexibility, Qliro can also settle funds in the transaction currency to a settlement account in any country approved by Qliro. The benefit is that you can centralize the management of your bank accounts. Due to the cross-border nature of these transactions, additional fees may apply.
Example:
- Take orders in NOK and get paid on a NOK account, based in Sweden.