Supported Currencies
A list of currencies supported across Rapyd Collect, Disburse, Issuing, and Wallet.
Rapyd processes payments using over 100 currencies, allowing you to collect and send payments to your customers or beneficiaries in their local currency.
Supported currencies are used in a few different ways:
Presentment currency - the currency the customer is presented and charged in.
Settlement currency - the currency that is deposited into your bank account.
Withdrawal currency - the currency that the beneficiary bank receives, also known as Payout currency.
Holding currency - the currencies that the Rapyd Wallet can hold funds in.
If the presentment currency is different from your settlement currency, Rapyd will convert your funds to the settlement currency.
Supported Currency Workflow
You charge your customer in the presentment currency of your choice.
The presentment currency you collect is transferred to your Rapyd Wallet as a holding currency.
Rapyd converts the funds to your preferred settlement currency, or disburses the funds to a beneficiary.
Collect
Rapyd Collect is a global payment acceptance platform that allows businesses to transact with their locally preferred payment methods.
All supported currencies below are represented by their ISO currency code. Rapyd can collect payments using the following supported currencies:
Presentment Currencies
AMD | KRW |
BAM | MDL |
BOB | MXN |
BRL | MYR |
BYN | NOK |
CAD | NZD |
CHF | PAB |
CLP | PEN |
CNY | PHP |
COP | PLN |
CRC | PYG |
CZK | RON |
DKK | RSD |
COP | RUB |
EUR | SEK |
GBP | SGD |
GEL | THB |
GIP | TRY |
GTQ | TWD |
HRK | UAH |
HUF | USD |
IDR | UYU |
INR | VND |
ISK | ZAR |
JPY |
Disburse
Disburse is a global payout platform that incorporates a broad range of payout methods.
Funds are sent or disbursed to a beneficiary, usually for payroll purposes or remittance. Transactions can be cross-border or local.
The list below represents the withdrawal or payout currency, which is sent to the beneficiary bank. This differs from the sender currency, which are the funds the sender provides when initiating a payout.
All currencies below are represented by their ISO currency code. Rapyd can send payouts using the following supported currencies:
Withdrawal Currencies
AED | LKR |
ARS | MXN |
AUD | MYR |
BDT | NGN |
BGN | NOK |
BHD | NPR |
BRL | NZD |
CAD | OMR |
CHF | PEN |
CLP | PHP |
CNY | PKR |
COP | PLN |
CZK | RON |
DKK | RUB |
EUR | SAR |
GBP | SEK |
GHS | SGD |
HKD | THB |
HRK | TRY |
HUF | TWD |
IDR | UAH |
ILS | UGX |
INR | USD |
ISK | UYU |
JPY | VND |
KES | XOF |
KRW | ZAR |
KWD |
Wallet
The Rapyd Wallet is an important hub for your business that allows you to digitally hold funds. These funds can then be used for payments and payouts through Rapyd Collect, Disburse, and Issuing cards.
All currencies below are represented by their ISO currency code. Rapyd can hold funds in the Rapyd Wallet using the following supported currencies:
Holding Currencies
AED | ISK |
ARS | JPY |
AUD | KRW |
BDT | KWD |
BGN | KZT |
BND | LBP |
BOB | LKR |
BRL | MDL |
BYN | MXN |
CAD | MYR |
CHF | NOK |
CLP | NZD |
CNY | PEN |
COP | PHP |
CRC | PKR |
CZK | PLN |
DKK | PYG |
COP | RON |
EGP | RSD |
EUR | RUB |
FKP | SAR |
GBP | SEK |
GEL | SGD |
GIP | THB |
GTQ | TRY |
HKD | UAH |
HUF | USD |
IDR | UYU |
ILS | VND |
INR | ZAR |
Settlement Currencies
If the presentment currency differs from the settlement currency, the presentment currency will be converted into one of the settlement currencies using standard foreign exchange rates.
Rapyd settles in a wide range of currencies. For a more detailed list of the settlement currencies that Rapyd offers, see the Rapyd Merchant Agreement.
Note
A list of settlement currencies from the Rapyd Merchant Agreement.
Settlement Country | Settlement Frequency | Settlement Currencies |
|---|---|---|
Singapore India US EU Countries UK | Subject to the listed Minimum Settlement Amount in the Rapyd Merchant Agreement. Rapyd will settle for each completed transaction within seven (7) days after a transaction is completed. | Singapore - SGD India - INR US - USD UK - GBP Iceland - ISK EMEA (non UK, Iceland) - EUR All other countries - USD |
Virtual Accounts
Virtual Accounts allow you to collect payments, while being linked to a Rapyd Wallet. Learn more about Virtual Accounts.
All currencies below are represented by their ISO currency code. Rapyd can move funds in Virtual Accounts using the following supported currencies:
Virtual Account Supported Currencies
AED | JPY |
AUD | MXN |
CAD | NOK |
CHF | NZD |
CZK | PLN |
DKK | RON |
EUR | SSAR |
GHP | SEK |
HKD | SGD |
HRK | TRY |
HUF | USD |
IDR | ZAR |
ILS |