A new feature from Google Adsense announced today, AdSense reports in currencies other than U.S. Dollars.
If you’re located in one of these five countries (France, Germany, Italy, the Netherlands, or Spain), AdSense will convert your earnings to Euros on a daily basis using the prevailing market rate from the previous day. With earnings converted daily, you’ll avoid the risk of currency exchange fluctuations between USD and the Euro. You can still choose to receive payments in either Euros or U.S. Dollars and select from a range of payment methods as well.
To make the switch to local currency reports, you’ll need to agree to a new set of Terms and Conditions. Here are the main changes involved:
- The party that publishers are contracting with changes from Google Inc. to Google Ireland Limited.
- Publishers are responsible for paying any local taxes in their jurisdiction. Google will only issue VAT refunds to publishers with an address in Ireland.
- The governing law changes from California law to either English or local law.
You can view the full text of these new Terms and Conditions by logging in to your account and looking for the green prompt, “See your daily earnings reported in Euro amounts!” on your Reports Overview page.
Have a great day!
[Source – Reports have gone international]