# Supported Settlement Currencies

**URL:** https://community.rapyd.net/t/supported-settlement-currencies/231
**Category:** ⚙️ API
**Tags:** plugins
**Created:** [May 5, 2021, 6:20pm UTC](https://community.rapyd.net/t/supported-settlement-currencies/231 "2021-05-05T18:20:57Z")
**Posts on this page:** 3
**Page:** 1

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### Author: ![Kristin](https://sea2.discourse-cdn.com/flex016/user_avatar/community.rapyd.net/kristin/32/93_2.png) [@Kristin](https://community.rapyd.net/u/Kristin)
#### Post date: [May 5, 2021, 6:20pm UTC](https://community.rapyd.net/t/supported-settlement-currencies/231/1 "2021-05-05T18:20:57Z")

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What currencies can be used for settlement? Are there any restrictions?

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### Author: ![Dev\_Macy1](https://sea2.discourse-cdn.com/flex016/user_avatar/community.rapyd.net/dev_macy1/32/59_2.png) [@Dev\_Macy1](https://community.rapyd.net/u/Dev_Macy1)
#### Post date: [May 5, 2021, 10:01pm UTC](https://community.rapyd.net/t/supported-settlement-currencies/231/2 "2021-05-05T22:01:22Z")

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@rochaib @joelyarbrough @ariks @irafridman could provide more details here.

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### Author: ![joelyarbrough](https://sea2.discourse-cdn.com/flex016/user_avatar/community.rapyd.net/joelyarbrough/32/22295_2.png) [@joelyarbrough](https://community.rapyd.net/u/joelyarbrough)
#### Post date: [May 6, 2021, 1:41am UTC](https://community.rapyd.net/t/supported-settlement-currencies/231/3 "2021-05-06T01:41:25Z")

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Kristin, thanks for the question.

For “self service” merchants, by default we settle in one of a few major currencies (USD, GBP, EUR, SGD, INR) - [https://www.rapyd.net/rapyd-services-agreement](https://www.rapyd.net/rapyd-services-agreement).

For merchants with negotiated contracts with Rapyd (e.g. slightly larger or more complex merchants), we can settle in any non-restricted currency, since the settlement is done worst case by wire transfer, and wires can generally be in an local currency.
