After the student pays to book the homestay, the host needs to confirm the booking. Once the booking is confirmed, contract will be finalized electronically between the student and the host on Homadorma. The payment schedule can be found on the last page of the finalized contract. Here is an example of the payment schedule:
The student is responsible for making monthly payments directly to the host according to the payment schedule.
Our recommended payment method is interac e-transfer, supported by all major banks in Canada. Interac e-transfer leaves a clear trace of record in the bank account of the student and the host. There is little chance of payment misunderstanding down the road.
The student needs to set up a local bank account, and then transfer the fund from overseas to their local bank account. Interac e-transfer is possible after the fund clears in their bank account.