Skip to main content

How to Set Up a Rent Collection Account

Rytche allows Property Managers to configure accounts that can be used for collecting rent from occupants.

A configured account can then be displayed to tenants when they access their estate dashboard.

Open Rent Collection Accounts​

  1. Open the relevant estate.
  2. Select Setup Rent Collection Accounts.
  3. Review the existing accounts.
  4. Add a new account when required.

Add a payment account​

Enter the account information requested by Rytche.

Depending on the current form, this can include information such as:

  • Account name
  • Account number
  • Bank name
  • Bank branch
  • Bank code
  • Account type
  • SWIFT code
  • RIB key

Only provide accurate account information.

Add the account​

After entering the required information:

  1. Review the account details.
  2. Select Add Account.
  3. Confirm that the account appears in the list of existing accounts.

Managing existing accounts​

The account-management area can display existing rent collection accounts.

Depending on the account state, available actions can include:

  • Editing an account.
  • Deactivating an account.
  • Setting an account as the default.

Default payment account​

The default account is the account presented to the tenant for the estate's rent payment instructions.

warning

Before making an account the default payment account, verify the account number, bank information, and account ownership carefully.