All you need to know about Direct Debit
What is Direct Debit?
A Direct Debit authorizes Booking.com to automatically collect payments from your account when they’re due. You give this authorization by completing a Direct Debit Mandate form. Once authorized, Booking.com can automatically take payments from you.
What are the benefits of Direct Debit?
Direct Debit is the safest and most cost-effective method of paying regular or occasional invoices.
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It saves money in transaction costs.
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It’s automated, so you don’t need to remember to make payments.
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It saves time, since there aren’t forms to complete with every payment.
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It’s safe, secure, and leaves no room for human error.
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It’s digitalized, with notifications available at all times with debiting amounts and times.
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It’s guaranteed, and you’re entitled to refunds for any incorrect debits. If your debit is with a SEPA Direct Debit, the funds can be recovered by your bank up to 8 weeks from the debit date without any reason, and up to 13 months with a legitimate reason.
How to activate Direct Debit
Booking.com accommodation partners can register online for Direct Debit by following the steps below:
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Log in to your Booking.com account.
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Go to the “Finance” tab and select “Bank details.”
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Register online for Direct Debit by clicking the “Set up a Direct Debit” button.
Register for Direct Debit here
When will my account be charged if I pay via Direct Debit?
After an invoice is issued, we’ll debit your bank account in 14 days. Keep in mind that Direct Debit takes 4 to 5 days to process.
The invoice will appear as paid (in green) on the Extranet after a payment request is sent to your bank.
If the Direct Debit doesn’t go through, the invoice will appear in red (i.e. unpaid) on the Extranet.
Note: If you want to change your bank details, read this article.
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Commission, Invoices & Tax
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