You realize you are using the right document editor when such a simple task as Initiate currency settlement does not take more time than it should. Modifying papers is now a part of a lot of working processes in different professional areas, which is the reason convenience and simplicity are crucial for editing instruments. If you find yourself studying guides or searching for tips about how to Initiate currency settlement, you might want to get a more intuitive solution to save your time on theoretical learning. And this is where DocHub shines. No training is required. Simply open the editor, which will guide you through its principal functions and features.
A workflow gets smoother with DocHub. Take advantage of this tool to complete the paperwork you need in short time and get your efficiency to the next level!
[Music] hello David here at merchant accounts dot CA I wanted to tackle the topic of settlement currencies for multi currency transactions this is something that confuses everyone every merchant that touches multi currency transactions at least at the start Erlik how do I set this up what you need to know at a high level is when you process a transaction you can process it in your domestic currency so if youre a Canadian merchant obviously you can process transactions in Canadian dollars if youre targeting our customers in the United States yes you can build them in US dollars so a merchant accounts CA as an example we would give you a US currency merchant account and any time you ran a transaction through your US currency merchant account the customers card is billed in u.s. dollars but this raises a question how do we pay you because youre a Canadian merchant but you billed someone in u.s. dollars what happens next well theres control in fact the obvious thing is we could either
