Short-Term & Vacation Rental Discussions
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago,
VRBO Withdraws on bank account
Am I the only one being bothered by the VRBO's banking policy which consists in withdrawing money from your bank account without formal approval case by case? I mean this is just un-acceptable. Is it because I have an "advanced payment" setup? Or everyone else is in the same situation?
I remember when I signed the bank authorization paper a few years ago when I started with VRBO, there was a provision small caps at the bottom saying I also authorized them to take money out not just in. I barred that section and sent them the authorization and they refused to set me up for direct deposit. So I signed . Now they "mistakenly" took out money twice since the beginning of the year, and refunded back in one case without me calling and another case I had to call, but the concept of them having access to my bank account for withdrawals is just anti-business.
How do you guys deal with this?