Depending on the chosen method of receiving payments, freelancers have several currencies available for withdrawals.
In cases where funds are withdrawn in one currency and arrive as a payment in another, the amount is automatically converted at Mellow's internal rate.
The current conversion rate is displayed on the right of the Finances section, as well as in the confirmation window upon withdrawal.
To learn more about the available withdrawal currencies, see Payouts in three currencies
Conversion rate
Starting June 20, 2024 we have updated the conversion rules. This is due to the latest US sanctions.
Before: Daily updates to conversion rates based on the official rates of the the Bank of Russia / European Central Bank, +/- 1.5% spread.
Now: Manually set conversion rates based on partner banks' exchange rates. The rate will update daily, at around 00:00 UTC.
You will be able to see the current rate in the Finance page of your account.
Got questions? Contact Mellow support via online chat or at [email protected].