Organizations may receive more submissions when they allow the submitter to pay in non-US currencies. When adding a fee to a submission form, you can choose from the following currencies:
New Zealand Dollar
Chinese Renminbi Yuan
When you accept a payment in a non-US currency, the system will charge the submitter in the currency specified. The money is immediately converted into USD when it is deposited into Submittable's account. The Submittable fee is calculated from the USD amount.
Submittable is unable to show the currency conversion rate at the time of a given transaction. Submittable uses PayPal and Stripe as payment processors, and they tend to use a less-favorable exchange rate than most banks. Because of this, in some cases, there may be a small penalty for accepting payments in non-USD currencies—especially if the money will be converted again when Submittable sends the monthly payment to your organization. Whenever possible, when sending earnings from submission fees to an organization, we try not to charge for fees incurred when converting the earnings from USD back to the organization's preferred currency.
For organizations located outside of the US, Submittable can send your submission fees via PayPal, direct deposit, or check. Money will be sent in USD and converted to your local currency by PayPal (if using that option) or your bank (when using direct deposit or accepting a check).
For more information, please see our help article on charging a submission fee.