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Individual payment to Card/ Withdraw funds to Indonesian bank (USD currency account)/ Taxation

lizz
lizz Member Posts: 2 ✭
in Ask The Community
Hi, I have a few general questions to my card:

1. I have a couple rental properties in Indonesia and use airbnb to receive funds from renters. If I have other renters who booked directly (via email) not using airbnb, is there any way of individuals/renters to pay to my payoneer card? If so, how?
2. My billing address is in Indonesia. Currently, I am not withdrawing the funds and use the payoneer Mastercard (USD) at POS. If I have an Indonesian bank account that is in USD currency, will I be able to withdraw it to my Indonesian USD currency account?
3. Will I be sent any tax forms? If yes, when and how do I do the tax reporting?

Hope to get some answers. Thank you very much :)

Comments

  • Nissim
    Nissim Administrator Posts: 3,602 ✭✭✭✭✭✭✭
    Hi!

    To answer your questions:

    1) You can try using our Credit Card Loading service, however in general I recommend advising the renters to go through Airbnb: https://load.payoneer.com/LoadToPage.aspx

    2) Yes, you can use our Withdraw to Bank Service to withdraw funds from Payoneer to your local bank account in Indonesia. The withdrawal would need to be in your local currency, however, and not in USD.

    3) Tax reporting would be managed with Airbnb, as they are the company paying you.

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