Hemlane makes it easy to manage separate bank accounts for each of your rental properties. You can add as many bank accounts as you need at no additional cost and route deposits to the appropriate account for each property.
Set Up Your Bank Accounts
Step 1: Hover over your account name in the upper right-hand corner.
Step 2: Select Banks and Cards from the dropdown menu.
Step 3: Click + Account to add a new bank account.
Step 4: Give each account a nickname to help you identify which property or portfolio it belongs to.
Request Online Payments
Once your bank accounts are set up, you can request online payments under the Financials tab. Click Request Money and select the recurring option to automatically invoice tenants each month until their move-out date.
Select the Correct Deposit Account
When creating a payment request, after selecting the property and payment details, you will be asked where you would like the funds deposited. This is referred to as the Deposit Account. Simply select the bank account associated with that particular property or portfolio.
keywords: add bank, multiple banks, different bank per property