If you selected 'Bank Account'
- Enter your BSB and account number
- A small deposit will verify your account. This will be a few cents to make sure details for receiving payouts are correct.
- Daily transaction limit is $50,000 USD
- The bank account used for payouts must be in the same country as the address provided during setup
If you selected Paypal.
- Ensure your PayPal account is active before adding it
- Fees may apply
- Daily transaction limits vary by location
You would have accepted and nominated one of Airbnb's designated payout methods and as I stated above, a verifying small sum of money would have been deposited in that account for you.
If you are having trouble with a new payout method it may be one of the following reasons.
Here are some common issues and how to fix them:
- Info doesn’t match. Make sure the name on your payout method matches the name on the payment account. Avoid using special characters, apostrophes or hyphens in the name field.
- Phone verification delays. If you’ve recently added a new phone number, you may not receive verification text messages right away. It can take up to 14 days for the new number to fully link to your account.
- Too many attempts to add a payout method. There’s a limit to how often you can try adding a payout method. If you exceed these limits, you’ll need to wait 24 hours (for daily limits) or seven days (for weekly limits) before trying again.
- Maximum 10 attempts per day
- Max 40 attempts per week
In other words you are confusing the system, not giving it time to analyse and appropriately respond!
When to expect your payouts.
When a guest books your property they pay immediately and Airbnb holds that payment in a trust fund and release it to you 24 hours after the guest arrives.
Your very first payout could be held for up to 14 days because you do not have a 'track record' and Airbnb needs to know that you honoured the guest stay and you fulfilled your part of the contract satisfactorily. After that 1st payout every subsequent payout will be released to you 24 hours after each guest arrives.
If the guests payment to Airbnb was not successful you will be notified and the reservation rejected by Airbnb and your booking calendar opened again.
Generally the only times when there is ever an issue over payouts is if.........
A/......The guest cancels at the beginning of the stay because the listing was not as described.
B/......The guest has lodged a refund claim which Airbnb has decided was legitimate and refunded the guest.
In most instances the non receipt of a payout will be because of something you have done wrong Zee.
And lastly, if I can give you one major piece of advice......don't 'bounce' Airbnb consultants! They may seem unprofessional, they may frustrate the hell out of you but, they are there to help and they are only human! Nobody likes to get their head ripped off call after call. Be pleasant and ask them for their help, not demand it!. When somebody comes to them who is nice and pleasant it is like a breath of fresh air to them and they will go that extra yard to try and resolve the complaint.
Zee, I know I am sounding like I am taking Airbnb's side and defending them, I am not, I can only go by what I and millions of other hosts experience. I am trying to be constructive. Missing payouts is not a normal occurrence, it does at times happen.....but not often, and when it does there is a logical reason for it and that logical reason is not that Airbnb are a bunch of cheats, you just need to calmly and rationally ask them for help!
I hope this sorts out and your payout arrives promptly for you. All the best.
Cheers........Rob.