Determine available settlement currencies based on Partner’s contract legal entity and settlement configuration.
6 min read
Overview
Klarna supports settlement in a range of major global currencies. Partners need to set up bank accounts in the currencies they will be settled in, whether that currency comes from like-for-like settlement (settling in the same currency as the Payment Transaction) or from requesting a specific settlement currency in the transaction. This reference lists all currencies Klarna supports for settlement.
Why this matters:
Set up the right bank accounts - Ensure you have bank accounts configured in the settlement currencies you need to avoid unnecessary conversion fees
See Request settlement currency to learn how to request a specific settlement currency different from the Payment Transaction currency.
What settlement currencies are available
The diagram below illustrates how a Partner's available settlement currencies are determined:
graph TD
AllCurr[All Supported Currencies]
Partner[Partner]
KLE[Klarna Legal Entity]
SC[Settlement Configuration
Bank accounts, currency pairs]
Final[Partner's Settlement Currencies]
Partner -->|contracts with| KLE
AllCurr -->|limited by| KLE
KLE -->|further restricted by| SC
SC -->|determines| Final
class KLE,Final primaryEntity
class Partner,AllCurr,SC secondaryEntity
Key factors:
Klarna Legal Entity - The legal entity the Partner contracts with determines which currencies from the full list of supported currencies are available
Settlement Configuration - Registered bank accounts, supported currency pairs, and other configuration settings further restrict the available currencies to those the Partner can actually use for settlement
Supported currencies
Klarna supports settlement in the following currencies:
Currency Code
Currency Name
AUD
Australian Dollar
CAD
Canadian Dollar
CHF
Swiss Franc
CZK
Czech Koruna
DKK
Danish Krone
EUR
Euro
GBP
British Pound Sterling
HUF
Hungarian Forint
MXN
Mexican Peso
NOK
Norwegian Krone
NZD
New Zealand Dollar
PLN
Polish Zloty
RON
Romanian Leu
SEK
Swedish Krona
USD
United States Dollar
Currency groupings
Klarna assigns each major currency to one of three currency groups. The table below shows the group assigned to each currency.