Understanding the Flow of Funds
Odybook utilizes Stripe Connect 'Express' accounts. This means you are the 'Seller of Record.' When a guest pays, the money is split: your revenue goes into your balance, and the platform fee is deducted. This is the cleanest model for tax auditing.
KYC (Know Your Customer) Checklist
To prevent payout pauses, ensure your documentation is flawless:
- ID: High-resolution, non-expired, and matches your account name.
- Address Verification: A utility bill or bank statement from the last 3 months.
- Tax ID: Your VAT or EIN number for automated invoicing.
Managing Currency Exposure
If you are a French guide charging in EUR but your bank is in the UK, Stripe handles the FX (Foreign Exchange). However, we recommend opening a local currency account (e.g., via Wise) to minimize FX fees.