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Etsy applies a 2.5% currency conversion fee whenever your shop’s listing currency is different from the currency of your payment account. This fee is deducted automatically from the total sale amount before it’s deposited into your account. It covers the costs associated with converting the sales funds from the listing currency to your local bank account currency.
Want a stress-free Etsy bookkeeping experience? Let Synder automate your sales, fees, and taxes, automatically syncing them right into QuickBooks, Xero, or Sage Intacct. Book a call with our automation specialist, and we’ll find the best solution for your needs.
