Supported Currencies for Conversion of Payments

Understanding Currency Conversion

Curve Royalty Systems' payment partners support a wide range of global currencies for conversion, allowing clients to facilitate payments efficiently. However, some currencies have restrictions, and availability may vary based on regulations, Brexit-related limitations, or market conditions.

Key Considerations

  • Not all currencies are available to all clients. Regulatory constraints may apply depending on your location and licensing.
  • Restricted currencies cannot be funded directly. They must be converted from another supported currency and can only be sold back in exceptional cases.
  • Russian Ruble (RUB) transactions are currently unavailable. Due to the ongoing conflict in Ukraine, RUB transactions are not supported at this time.
  • Brexit restrictions apply to certain currencies. Clients operating in the EEA under the European e-money license may have limited access to specific currencies.

Common Issues & Solutions

  • Restricted Currencies: INR, IDR, MYR, and PHP can be paid out when converted from another currency, but a balance can not be held in these currencies.
  • Brexit Limitations: Some currencies cannot be offered to EEA-based clients.
  • Chinese Yuan (CNY) Payments: Payments must first convert from CNH before being sent in CNY.
  • Regular/Local Mexican Peso (MXN) Availability: Currently closed to new customers, but clients can reach out if it’s of particular interest.

Supported Currencies

Currency

Code

Notes

Australian Dollar AUD
Bahrain Dinar BHD Brexit restriction applies
Canadian Dollar CAD
Chinese Yuan CNH Must be converted before CNY payments
Czech Koruna CZK
Danish Krone DKK
Euro EUR
Hong Kong Dollar HKD
Hungarian Forint HUF
Indian Rupee INR Restricted currency
Indonesian Rupiah IDR Restricted currency
Israeli Shekel ILS Brexit restriction applies
Japanese Yen JPY
Kenyan Shilling KES
Kuwait Dinar KWD Brexit restriction applies
Malaysian Ringgit MYR Restricted currency
Mexican Peso MXN Local payments are closed to new customers
New Zealand Dollar NZD
Norwegian Krone NOK
Omani Rial OMR Brexit restriction applies
Philippine Peso PHP Restricted currency
Polish Zloty PLN
Qatari Rial QAR Brexit restriction applies
Romanian Leu RON
Russian Ruble RUB Currently unsupported
Saudi Riyal SAR
Singapore Dollar SGD
South African Rand ZAR
Swedish Krona SEK
Swiss Franc CHF
Thai Baht THB Brexit restriction applies
Turkish Lira TRY
Ugandan Shilling UGX Brexit restriction applies
UK Sterling GBP
United Arab Emirates Dirham AED
US Dollar USD

Notes

  • Restricted currencies (*): INR, IDR, MYR, and PHP can only be acquired through conversion and are subject to sell-back limitations.
  • Brexit restrictions apply to clients under the European license, affecting BHD, CNH, ILS, KWD, OMR, QAR, THB, and UGX.
  • Russian Ruble (RUB) is currently not supported due to geopolitical restrictions.

If you have any questions about currency availability or conversions, please contact your client manager or email [email protected].

We sourced this article using information provided by our financial partner. Please find the original article for more raw information.

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