Skip to main content

Direct Debit Bond & Security Deposits

Everything you need to know about direct debit bonds

Paris Hutton avatar
Written by Paris Hutton
Updated over 2 years ago

Once you have created a contact record for your security deposit holders, you can start adding details and receipting deposits.

Add Direct Debit Payment Method

To add Direct Debit as a payment method for this contact you can follow the below steps:

  1. Go to the contact record of the deposit authority

  2. Scroll to Disbursement Preferences on the contact record menu

  3. Click Add a Payment Method

  4. From the drop-down select direct debit

  5. Click Add Payment Method

Receipting the bond under the assumption that the funds have been received in Trust

Disbursement to the bond authority with direct debit payments

Did this answer your question?