# Pool your funds

> **Note**
>
> Funds Pooling is only available in the following regions: Europe (Checkout SAS), United Kingdom (Checkout Ltd), and United States (Checkout LLC).

If you have insufficient _Available_ or _Pending_ funds in a sub-account for [Card Payouts](https://www.checkout.com/docs/payments/request-payouts/card-payouts.md), [Issuing payments](https://www.checkout.com/docs/card-issuing.md), and [refunds](https://www.checkout.com/docs/payments/manage-payments/refund-a-payment.md), Checkout.com automatically transfers funds from another sub-account for that entity.
This solution:

- Optimizes payment processing by reducing declines due to insufficient funds
- Reduces manual intervention by automatically transferring funds to the sub-accounts where they’re needed
- Uses idle funds efficiently

> **Information**
>
> To enable or disable Funds Pooling, contact your account manager or [request support](https://dashboard.checkout.com/support/new?topic=case_account_management_and_access&issue=issue_account_changes).

---

## How it works

If you initiate a card payout, issuing payment, or refund from a sub-account that has insufficient _Available_ or _Pending_ funds, Checkout.com automatically transfers funds from another sub-account in the same pool to fund the payment.

We transfer funds from the pooled sub-account that has the highest _Available_ or _Pending_ balance at the time of the transfer. If the transfer requires a currency conversion, we apply an FX markup as specified in your pricing schedule. For more information, see [Currency conversions](#Currency_conversions).

For example, you make payouts from `USD` and `EUR` sub-accounts that are part of a pool.
You begin the day with positive balances on both sub-accounts.
At midday, you’ve used up your `USD` balance and it hits zero.
At 12:05 PM, there's a card payout request in `USD`, but you’ve not yet added funds to your `USD` balance.

With Funds Pooling enabled and sufficient funds in your `EUR` sub-account, we convert the required amount from the `EUR` sub-account and transfer it to the `USD` sub-account.
This enables the payout to be made without manual intervention.

---

## Create and structure pools

You can create multiple pools for your entity and structure them to match your operational and reconciliation needs.
You can choose which sub-accounts to include in a pool, as long as they are:

- Owned by the same entity
- Held in a [supported currency](#Supported_currencies)
- Not already in another pool

> **Information**
>
> To update the sub-accounts in your pools, contact your account manager or [request support](https://dashboard.checkout.com/support/new?topic=case_account_management_and_access&issue=issue_account_changes).

---

## Currency conversions

If the sub-accounts are in different currencies, Checkout.com applies the live industry-standard interbank foreign exchange (FX) base rate to convert the amount transferred between your sub-accounts.
We also apply an FX markup for each currency conversion, as specified in your Pricing Schedule.

### Supported currencies

Funds Pooling supports the following currencies in the Eurozone, the United Kingdom (UK), and United States (US).

| Currency | Region |
| --- | --- |
| `CHF` Swiss franc | Eurozone and UK |
| `DKK` Danish krone | Eurozone and UK |
| `EUR` Euro | Eurozone and UK |
| `GBP` Pound sterling | Eurozone and UK |
| `NOK` Norwegian krone | Eurozone and UK |
| `PLN` Polish zloty | Eurozone |
| `RON` Romanian leu | Eurozone |
| `SEK` Swedish krona | Eurozone |
| `USD` US dollar | Eurozone, UK, and US |