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Bank Transfers for Villa Rentals...

Vancouver, BC
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562 posts
7 reviews
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Bank Transfers for Villa Rentals...

Hi All,

for those that have rented villas/condos, etc...is it common to have to send a deposit via bank transfer? Most of the time, we've chosen only properties that have paypal or ability for credit card payment - mostly so we can protect our costs!!

Is there anything I should/can do to research the legitimacy of the transaction?

thanks,

lwbc

San Jose, Costa Rica
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46,017 posts
32 reviews
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1. Re: Bank Transfers for Villa Rentals...

That is a hrad question to answer...some prperties take only bank transfers...that is not very nice...but they do it...maybe try to send some kind of deposit and bring cash to pay the rest...

The problem with bank transfers is that in case of a dipute they will not give you a penny back!

roadadvisor

Vancouver, BC
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562 posts
7 reviews
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2. Re: Bank Transfers for Villa Rentals...

Yes, that is exactly my concern. I don't feel great about having zero protection. Even paying via paypal would be better. Many of the other properties we have reserved have requested credit card to hold and we pay in full upon arrival.

Hmmm...might take a pass on this property...

lwbc

Grecia, Costa Rica
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916 posts
15 reviews
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3. Re: Bank Transfers for Villa Rentals...

Always treat your transactions as confidential and secure, and if either priority feels challenged, step away. There are many legitimate companies in CR willing to work within your security requirements. And yes, as you suggest, when in doubt, take a pass. Have a safe and fun holiday.

Cahuita, Costa Rica
Destination Expert
for Cahuita
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2,615 posts
27 reviews
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4. Re: Bank Transfers for Villa Rentals...

Paypal is becoming more and more common here so you are right to expect it., rather than a deposit. Are you booking through a trustworthy site? Many visitors to Costa Rica use www.vrbo.com to find houses to rent while on vacation here.

Good luck with the rest of your vacation planning!

Do let us know which hotel in Arenal is good too!

Puerto Viejo de...
Destination Expert
for Puerto Viejo de Talamanca
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2,234 posts
9 reviews
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5. Re: Bank Transfers for Villa Rentals...

It is probably more common than you think. Paypal has only very recently been introduced for Costa Rican bank accounts with the Banco Nacional. Before all Paypal payments went to accounts outside Costa Rica. If you can find reviews on the property/house/hotel etc. you should be fine if nothing came up in these reviews.

Vancouver, BC
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562 posts
7 reviews
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6. Re: Bank Transfers for Villa Rentals...

Allowing renters to use credit card is a good idea for villa owners if paypal is not available...it gives everyone protection...and would put my mind (as a renter) at ease...

just an idea...

lwbc

Puerto Jimenez...
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354 posts
3 reviews
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7. Re: Bank Transfers for Villa Rentals...

For a long time Paypal did not allow withdrawls to Costa Rican bank accounts, so many Tico businesses had no way to accept Paypal. I'm glad to hear Banco Nacional and Paypal are now partners, but it might take some time for businesses to set up on Paypal.

Pura Vida, Ballardo

Edited: 23 July 2012, 02:34
8. Re: Bank Transfers for Villa Rentals...

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