Host Payment currency options now not available

Dean22
Level 2
Singapore

Host Payment currency options now not available

A couple of weeks back Airbnb said they are holding on to payments as they cannot pay us.

When we have looked at our historical setting receiving payments in USD$ (we live in another country) was no longer allowed - even though we hold a USD$ savings account in the country of residence.

We do not want Airbnb to convert our payments at redicously FX rates (which they will do as it's a huge revenue generator - I am a banker and know this gey area to the normal man on the street.

Can anyone share with me is this happening across board and is their anything legally that can be done to allow a currency of choice to be allowed when detailing the bank account to be credited?

Thank You

2 Replies 2
Ian89
Level 1
Cambridge, United Kingdom

Dean, yes it most definitely is happening in the UK.

I booked an apartment for the weekend  in Spain and following advice from other users, selected price display in Euros which should have resulted in payment in EUR. I use a credit card with zero conversion fee and good exchange rates.

I was invoiced in pounds. I was charged GBP31 extra for the rental because of poor exchange rate and GBP16 extra for Airbnb's lovely 3% conversion fee. This, added to the very high Airbnb charge of GBP71, meant I paid over GBP100 to them. This is completely unacceptable and it may be illegal in  European law because I am being charged more than a customer in Spain or another Eurozone country.

This is my first time using Airbnb and may be my last

Luis129
Level 1
Santiago de Compostela, Spain

I have the same problem, i want to pay in euros a stay in Spain but the payement system forced me to pay in my card currency (pounds).

I agree this must be illegal to force you to pay in another currency  and not giving you the option at least to opt out. 

 

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