Managing Multiple Currencies

By creavio Team April 10, 2026 1 views

Managing Multiple Currencies

If you photograph destination weddings, work with international brands, or have clients outside your home country, you need to handle multiple currencies. creavio uses Stripe's multi-currency support to make this straightforward.

How Multi-Currency Works

When you create an invoice, you select the currency. Stripe processes the payment in the client's currency and converts it to your settlement currency (the currency of your bank account) at the current exchange rate.

Your client sees the price in their currency. You receive the payment in yours. Stripe handles the conversion.

Supported Currencies

Stripe supports 135+ currencies. The most common for photographers:

  • USD (US Dollar)
  • EUR (Euro)
  • GBP (British Pound)
  • CAD (Canadian Dollar)
  • AUD (Australian Dollar)
  • JPY (Japanese Yen)
  • CHF (Swiss Franc)
  • MXN (Mexican Peso)

Setting Invoice Currency

When creating an invoice in Money > Invoices, select the currency from the dropdown. The currency applies to the entire invoice. You cannot mix currencies within a single invoice.

For destination wedding clients, quote and invoice in their home currency. A European couple booking a photographer in Mexico appreciates seeing the price in EUR, not MXN.

Exchange Rate Considerations

Stripe applies the mid-market exchange rate plus a small conversion fee (typically 1%). This is transparent and competitive with most currency conversion services.

Important: The exchange rate is applied at the time of payment, not at the time the invoice is created. If you send an invoice today and the client pays in 30 days, the rate may differ. For large invoices, consider requiring faster payment terms to reduce exchange rate risk.

Pricing in Foreign Currencies

Two approaches:

  • Quote in your currency: Simpler for you. The client bears the exchange rate risk. This works when your brand is strong enough that clients expect to pay your local rate.
  • Quote in the client's currency: Better client experience. You bear the exchange rate risk but can build a buffer into your pricing (add 3-5% to your converted rate).

Reporting and Taxes

creavio's financial reports convert all foreign currency invoices to your home currency using the exchange rate at the time of payment. This gives you accurate revenue figures for tax reporting.

Keep records of the original invoice currency and amount alongside the converted amount. Your accountant may need both for international tax reporting.

Contracts and Currency

Always specify the currency in your contract. "Total fee: 3,000" is ambiguous. "Total fee: EUR 3,000" is clear. Use the currency code (USD, EUR, GBP) in your contract templates.

Tips for International Clients

  • Confirm the currency before sending the proposal. Do not assume.
  • Explain that Stripe handles conversion so they do not need to worry about wire transfers or international bank fees.
  • For very large payments (over $10,000 equivalent), some clients prefer wire transfer. Stripe supports this via ACH and SEPA, though processing times are longer.
  • Factor travel expenses into your destination pricing separately from the photography fee.