Xendit automatically converts all funds from payments into the default currency of your account. The default currency across all Xendit global accounts is USD.

You may set up your account to maintain balances in other currencies and reduce the need for currency conversions. When you open a currency balance, payments with a matching presentment currency will no longer be converted into your default currency, and will settle to that currency balance instead.

For example, if you are a Xendit user in Singapore with only a USD balance open, all payments with a different presentment currency (e.g., IDR, PHP) will be automatically converted and settled into that USD balance. When you add an IDR balance, any future IDR payments will automatically settle into the IDR balance without conversion.

Multi-country and multi-currency withdrawals

Your global Xendit account supports settlement withdrawals in multiple currencies and countries.

In general, Xendit supports 3 types of settlement withdrawals:

• Same-currency local withdrawals: Withdrawing to a bank account in the same currency and country
• Same-currency cross border withdrawals: Withdrawing to a bank account in the same currency in a different country
• Different currency cross border withdrawals: Withdrawing to a bank account in a different currency in a different country