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How much is the deposit?

Vincent avatar
Written by Vincent
Updated over 9 months ago

To secure your room with The Switch you will be required to pay two weeks' rent in advance as your 'holding deposit'. There are two ways to make this payment:

  • Set up direct debit through the room offer email and your deposit will be charged on the due date stated in the email.

  • Make a bank transfer using the bank details provided in your room offer email should you have chosen to pay this by bank transfer in your application form.

Once you are offered a room you will receive this email for you to set up direct debit for us to charge your 2 weeks' deposit:

Follow the steps to set up your card or bank account. Your deposit and bond will be deducted on the due date shown on this email and once payment is received you will receive a payment receipt from The Switch.

If you choose to do a bank transfer, please make sure you input the correct payment reference so our team can track and allocate your payment. We appreciate if you send through a payment proof with screenshoot of your deposit payment to The Switch team. You will receive a payment receipt once your payment has been allocated on our system.

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