How much does it cost to lodge rents to your bank

Bank charges may affect your revenue

Is your letting agency collecting monthly rental payments? Are you aware of what your bank charges on cash deposits are?

It is eating into your profit margins. Even if you are managing only 10 units with a rental of 1,000 per month per unit, it’s going to cost your agency a whopping €600 per year. Below is an infographic of what Irish banks are charging their business customers for dealing with cash.

bank-charges-on-cash-deposits

So you want to streamline the rent collection service you are offering within your agency? Read this blog.

Stop this headache, administration nightmare and cost by moving your agency to Rentview.

Letting Agency Software

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by Andreas Riha

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