For the payment of your earnings via our platform, we work together with the licensed payment provider Adyen. In order for us to transfer the guest's money automatically to your account, the creation of a payout account is necessary.
For regulatory and legal reasons (including money laundering prevention), certain information is required for the payout account. You can enter this information with the payment provider via your host profile.
As soon as certain revenue thresholds are exceeded, it may be necessary due to regulatory requirements that certain information provided by you is verified via verification documents (e.g. an ID document or a document from your bank that also contains the IBAN).
Usually there is no need for further action on your part after the first quick registration. If verification of the information provided requires verification documents, we will contact you at an early stage.
If automatic verification is unsuccessful when you reach the revenue threshold, you will have 42 days to re-enable further payouts to your account by providing the appropriate documents.