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This page outlines how to set-up multiple bank accounts in order for landlord payments to be paid into separate bank accounts

1. Access tenancy record

Designated Individual bank accounts are set up through the tenancy record

From the tenancy, Details tab:

  • Under the landlord name, click Accounts

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2. Select/enter bank details

Click any link to display bank accounts already entered on the landlord record

  • Select an existing account or click Enter new account

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Tip

When individual payments are set-up, AgencyCloud will split payments based on their ownership percentage, as set in the landlord record

  • For example:

  • In this example, payments will be split evenly between the two owners as they have 50/50 ownership, as set on the landlord record

3. Example

In this example, payments will be split evenly between the two owners as they have individual bank accounts set up and 50/50 ownership set on the landlord record

  • Individual payments set-up via tenancy

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  • 50/50 split on landlord record

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