β Settlement Account
- You can check the account where settlement payments will be made.
- Settlement account registration:
- Individual Guide: Can register account under your own name
- Individual Business: Can register account under business representative's name
- Corporate Business: Can register account under corporate name
β‘ Final Settlement Amount
- Booking Settlement: Revenue generated from product bookings (amount after MyRealTrip commission deduction)
- Cancellation Settlement: Cancellation revenue from bookings canceled at the time of fee imposition
- Traveler Compensation: Compensation costs paid to travelers due to partner responsibility
- Other Adjustments: Costs manually adjusted due to MyRealTrip errors or system issues
- Previous Withheld Amount: Settlement costs that could not be paid/deducted previously due to special circumstances
- Advance Payment: Settlement costs that MyRealTrip advanced to partners due to special circumstances
- Product Discount (Partner): Costs from partner-burden coupons registered and used for bookings
β» How is settlement cost calculated?
Booking Settlement - Traveler Compensation - (+)Other Adjustments - Product Discount - Advance Payment + Cancellation Settlement + Previous Withheld Amount - Wire Transfer Fee
β’ Exchange Rate & Exchange Rate Reference Date/Wire Transfer Fee
- Exchange Rate & Exchange Rate Reference Date
- Only displayed for overseas accounts.
- Shows the exchange rate applied when calculating settlement costs.
- When is the trading reference exchange rate applied? Go to link
| Settlement Cycle | Collection Date | Exchange Rate Application Time |
| Weekly Settlement | Β· Collected weekly Sunday~Saturday | Friday closing trading reference rate applied weekly |
| Bi-weekly Settlement | Β· 1st~15th collection |
15th closing trading reference rate applied |
| Β· 16th~end of month collection | End of month (30th or 31st) closing trading reference rate applied | |
| Monthly Settlement | Β· 1st~end of month collection | End of month (30th or 31st) closing trading reference rate applied |
- Wire Transfer Fee
- Wire transfer fees vary by currency but usually range from 31,000 to 35,000 KRW.
Wire Transfer Fee
β» (Example) How is overseas remittance calculated?
[(1,000,000 KRW (settlement target amount) - 31,000 KRW (overseas wire transfer fee)) Γ· 1,292 KRW (trading reference exchange rate)] = $750 (settlement amount)
β£ Individual Details
- You can check the total number of booking cases included in the settlement.
- Detailed booking lists can be checked directly from the settlement menu screen.
- For each booking, you can check sales commission, partner-issued coupons, partner cancellation fees, and traveler compensation amounts
β€ Other Adjustments
- You can check the number of booking cases with other adjustments.
- By clicking on other adjustments, you can check the adjusted booking number and detailed reasons.
β₯ Download Complete Details in Excel
- You can download the settlement details list as an Excel file.