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This guide has been reviewed against our global client base and classed as relevant to the following regions: to APAC only

This page explains how the process to use to transfer a deposit/bond to the bond authority

The Manage Deposit/Bond screen provides information regarding the details of the deposit/bond held and details of the authority holding the funds

1. Set the deposit Held By details

From the tenancy, Financial & Renewals screen:

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To continue to the next step, the deposit invoice needs to be raised and paid

2. Enter deposit details

From the tenancy:

In the Accounts panel, beside the Deposit field, click Manage

In Transferred Out panel, the option to transfer To Bond Authority will be highlighted
Click the To Bond Authority link and follow the on-screen prompts to confirm the amount to be transferred
Once completed, details of the transfer will be displayed

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Only cleared funds can be transferred

3. Make payment to third party via ABA and Cheque Run

Payment should be processed and the remittance printed and sent, along with any required bond lodgement forms.

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title	Electronic Bond Lodgement

If the bond is lodged electronically and debited from the trust account automatically, the payment should be processed as Manual

This will then create the debit entry on the bank reconciliation to reconcile against one the bond has been debited

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