Exchange rates

When a mandate is created, it is associated with a currency, e.g.  Pound Sterling (GBP) or Euros (EUR). Before a new payment or subscription can be set up, the price taken from the form must be translated into the relevant currency for the mandate. This translation is carried out using the exchange rates set here. You can set your own exchange rates for each of the eight currencies.

Enable automatic exchange rates

You can also enable automatic exchange rates. If you do so, the rates will be updated twice daily. The rates are obtained from GoCardless, whose rates are supplied by TransferWise.

We provide a shortcode that you can use to display the exchange rates or a converted price on your web page. See the shortcodes documentation if you wish to use it.