# Currencies

MoneyCollect supports processing payments in [all the world's major currencies](#presentment-currencies), allowing you to charge customers in their native currency while [receiving funds in yours](#presentment-currencies-1). This is especially helpful if you have a global presence, as charging in a customer’s native currency can increase sales.

The currency used comes into play in three places:

* The customer’s credit card currency
* The currency of the charge, called the *presentment currency* or the *transaction currency*
* The currency accepted by your destination bank account or debit card, called the *settlement* currency

If the charge currency differs from the customer’s credit card currency, the *customer* may be charged a foreign exchange fee by their credit card company.&#x20;

If the charge currency differs from your settlement currency, Moneycollect converts the charge to your settlement currency and an [Exchange Rate Markup](/docs/business-operation/pricing.md) is applied.&#x20;

### Supported presentment currencies <a href="#presentment-currencies" id="presentment-currencies"></a>

You should provide the three-letter [ISO code](https://en.wikipedia.org/wiki/ISO_4217) in all **uppercase letters** when making the charge request.

MoneyCollect users can process charges in the following list of currencies **(ISO 4217)**：

<table><thead><tr><th>Currency</th><th width="162" align="center">Code</th><th>Currency</th><th align="center">code</th></tr></thead><tbody><tr><td>Won</td><td align="center">KRW*</td><td>Russian Ruble</td><td align="center">RUB</td></tr><tr><td>Yeni Türk Liras</td><td align="center">TRY</td><td>Convertible Marks</td><td align="center">BAM</td></tr><tr><td>Rand</td><td align="center">ZAR</td><td>Bulgarian Lev</td><td align="center">BGN</td></tr><tr><td>UAE Dirham</td><td align="center">AED</td><td>Croatian Kuna</td><td align="center">HRK</td></tr><tr><td>Mexican Peso</td><td align="center">MXN</td><td>Forint</td><td align="center">HUF</td></tr><tr><td>Chilean Peso</td><td align="center">CLP*</td><td>Lithuanian Litas</td><td align="center">LTL</td></tr><tr><td>Belarussian Ruble</td><td align="center">BYR*</td><td>Latvian Lats</td><td align="center">LVL</td></tr><tr><td>Malaysian Ringgit</td><td align="center">MYR</td><td>Leu romacircnesc</td><td align="center">RON</td></tr><tr><td>Denar</td><td align="center">MKD</td><td>Serbian dinars</td><td align="center">RSD</td></tr><tr><td>Serbian Dinar</td><td align="center">CSD</td><td>Brazilian Real</td><td align="center">BRL</td></tr><tr><td>Pakistan Rupee</td><td align="center">PKR</td><td>Baht</td><td align="center">THB</td></tr><tr><td>Hryvnia</td><td align="center">UAH</td><td>New Israeli Sheqel</td><td align="center">ILS</td></tr><tr><td>Iranian Rial</td><td align="center">IRR</td><td>Yuan Renminbi</td><td align="center">CNY</td></tr><tr><td>Tanzanian Shilling</td><td align="center">TZS</td><td>US Dollar</td><td align="center">USD</td></tr><tr><td>Armenian Dram</td><td align="center">AMD</td><td>Pound Sterling</td><td align="center">GBP</td></tr><tr><td>Iceland Krona</td><td align="center">ISK*</td><td>Euro</td><td align="center">EUR</td></tr><tr><td>Azerbaijan Manat</td><td align="center">AZN</td><td>Australian Dollar</td><td align="center">AUD</td></tr><tr><td>Lek</td><td align="center">ALL</td><td>Canadian Dollar</td><td align="center">CAD</td></tr><tr><td>Taka</td><td align="center">BDT</td><td>Yen</td><td align="center">JPY*</td></tr><tr><td>Saudi Riyal</td><td align="center">SAR</td><td>Singapore Dollar</td><td align="center">SGD</td></tr><tr><td>Lari</td><td align="center">GEL</td><td>Hong Kong Dollar</td><td align="center">HKD</td></tr><tr><td>Zloty</td><td align="center">PLN</td><td>Malaysian Ringgit</td><td align="center">MYR</td></tr><tr><td>New Zealand Dollar</td><td align="center">NZD</td><td>Philippine Peso</td><td align="center">PHP</td></tr><tr><td>Norvegian Krone</td><td align="center">NOK</td><td>New Taiwan Dollar</td><td align="center">TWD</td></tr><tr><td>Danish Krone</td><td align="center">DKK</td><td>Indian Rupee</td><td align="center">INR</td></tr><tr><td>Swedish Krona</td><td align="center">SEK</td><td>Czech Koruna</td><td align="center">CZK</td></tr><tr><td>Swiss Franc</td><td align="center">CHF</td><td></td><td align="center"></td></tr></tbody></table>

{% hint style="info" %}
Currencies presented with \*s are [*zero-decimal*](#zero-decimal) currencies, explained below.
{% endhint %}

#### *Zero-decimal* currencies <a href="#zero-decimal" id="zero-decimal"></a>

All API requests expect amounts to be provided in a currency’s smallest unit. For example, to charge 10 USD, provide an `amount` value of **1000** (that is, 1000 cents).

For zero-decimal currencies, still provide amounts as an integer but without multiplying by 100. For example, to charge JPY ¥500, provide an `amount` value of **500**.

*Zero-decimal* currencies：

* JPY
* KRW
* CLP
* BYR
* ISK

### Supported settlement currencies: <a href="#presentment-currencies" id="presentment-currencies"></a>

* USD
* JPY
* HKD
* EUR

{% hint style="info" %}
Associated settlement bank/virtual account in selected currency is required.
{% endhint %}


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