Paying Shopify bills in your local currency
In countries and regions where local currency billing is supported, Shopify issues bills in a local currency instead of in USD. When your bills are issued in your local currency, it can reduce the amount that you pay in currency exchange fees. In addition, you can predict some recurring expenses, such as your Shopify subscription, more easily because they're priced at a set cost in your local currency.
Countries and regions where local currency billing is supported
Local currency billing is available for merchants who are located in the United Kingdom (GBP), India (INR), and European Union countries where the Euro is the official currency (EUR).
For all other countries and regions, Shopify bills are issued in USD.
Determining which billing charges are converted to your local currency
After local currency billing is enabled for your store, all the bills that you receive from Shopify are issued in that currency. Some of the charges are converted from USD to your local currency, and others are issued at a set price in your local currency.
Charges without conversion fees
Shopify subscription charges are priced directly in your local currency and not converted from USD.
Charges with conversion fees
The following charges are issued in your local currency after they're converted from USD:
- App charges (one-time fees, usage fees, and subscription fees)
- Shopify POS subscriptions
- Shipping labels
- Third-party transaction fees
The conversion rates that Shopify applies to each charge are based on up-to-date currency exchange rates and include a 1.5% currency exchange fee (except for third-party transaction fees, which are exempt). You can view the conversion rates for each charge on your bills in your Shopify admin.
Change your billing currency
If you're eligible for local currency billing, then you can change your billing currency. Changes to your billing currency are applied on your next billing cycle. Any outstanding charges are billed in your original currency and any remaining credits are converted to your new currency.
From your Shopify admin, go to Settings > Billing.
In the Payment methods section, under Billing currency, click the ... button, and then click Change billing currency.
In the Change billing currency dialog, select your new billing currency from the drop-down menu.