Once logged in to your account, in the upper right corner click Account > Payout Preferences > Add Account (pictured below).
From there, you will be prompted to include information we're required to collect for the government. This information includes the name on the account, account type (checking, savings), account number, routing number, your billing address for all payment related communications and birthday. Once you have entered all the above information, click “Save” in the bottom right corner. You can edit your bank account settings anytime.
Payments are processed 24 hours after the start of the rental period and will be deposited directly into the bank account you provide via Stripe. When we release a payout, you will receive an automated email confirming that the payout was successful. Remember, all refunds or payment adjustments take 1-3 business days to reflect in the listed bank account.
Remember: Boatbound takes 35% for Geico Marine insurance and 5% for self-insured boats. See the service fees article for more information.