FAQ

Transfers and Currencies

Can I have a transfer between accounts with different currencies (exchange rate)?

Yes, you can make transfers between accounts with different currencies. The system automatically applies the appropriate exchange rate for the transfer date:

• The outgoing transaction uses the source account’s currency and amount
• The incoming transaction is converted to the destination account’s currency using the latest available rate
• If no exchange rate is found, it falls back to a 1:1 rate, which may result in incorrect amounts until rates are synced
• Foreign exchange metadata is also recorded for auditing purposes

For best results, make sure your exchange rates are up to date to avoid conversion errors.

Sources:

• Transfer Creator Implementation
• Issue #124