Add or update your owners' payout method and bank details. The bank detail fields change based on the payout method you select.
Payout method options
- ACH/NACHA
Available for Accounting by Guesty users based in the US.
Generate NACHA (National Automated Clearing House Association) bank files. This enables efficient ACH transfers for owner payouts. Learn more about creating a NACHA file payout.
In pilot: Learn more about making ACH transfers directly from Guesty.
- ABA
Available for Accounting by Guesty users based in Australia and New Zealand.
Generate ABA (Australian Bankers' Association) bank files. This enables efficient Direct Entry transfers for owner payouts. Learn more about creating an ABA file payout.
- Check
Use this option to record a payment made by check to an owner for your Guesty accounting reports. Post a single payout, or post several payouts at once in bulk. Learn more about creating a payout.
Available for Accounting by Guesty users in the US, Canada, and Australia: Process payments through direct check printing. Learn more about Printing checks in Accounting.
- SEPA
Enter bank information for owners who use SEPA (Single Euro Payments Area) bank files.
Please note that this information is for your records only in the owner profile. Creating a payout in Guesty for a SEPA payment is not available.
Limitations
Only one payout bank account per owner is supported. If your owner receives funds in different bank accounts per property, the best option is to create two separate owner profiles, one per property. Each profile gets its own payout bank account.
Add payout method and bank details
Step by step:
- Sign in to your Guesty account.
- In the side navigation menu, click
Operations to open the dropdown menu. - Under Portfolio, select Owners.
- Click the relevant owner.
- Scroll down to "Payout details".
- To enter the bank details for the first time, click Add payout details. Otherwise, click Edit to change the details.
- In the right side panel, select the payout method.
- Enter the relevant bank information, then click Save.
Direct owners to add their own payout details
Owners can also update their own payout details in the Owners Portal, under My profile, in the "Payout details" section.
Send owners this PDF instruction manual.
