Supported Currencies for Payment Conversions
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.
Our restrictions are based on the policies of our financial partner. For the most up-to-date list of currency restrictions, please refer to this article provided by our partner.
If you have any questions about currency availability or conversions, please contact your client manager or email [email protected].