Set-up multiple bank accounts for landlord payments (joint landlords)

This guide has been reviewed against our global client base and classed as relevant to all regions

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 bank accounts are set up through the tenancy record

From the tenancy, Details tab:

Under the landlord name, click Accounts

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

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

50/50 split on landlord record

Set-up multiple bank accounts for landlord payments (joint landlords)

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