Introducing our new member perk, DepositLink! DepositLink is a payment solution platform that replaces paper checks and wire transfers so you can focus on what matters—supporting your clients. The platform is a fast and secure way to request or send earnest money deposits, commissions and rental payments that are processed in less than one day.
Why should you use DepositLink?
- Fast and secure transfers
Transfer up to $250,000 per payment in one business day with bank-level security. - One solution for all payment types
Request or send earnest money deposits, rental payments, agent commissions, refunds and closing funds in a single platform. - Stay informed
Real-time status updates via email keep buyers, renters, agents, attorneys, mortgage providers and title companies informed as payments are processed. - Easy set-up
On-board quickly and add multiple bank accounts, offices and users to manage payments. - Robust reporting
Track payments in real time and download reports on demand. “Addenda records” are transmitted with each payment for easy reconciliation.
DepositLink is free to use. There is a $15 non-refundable processing fee charged to buyers and renters per transaction.
Find out more and get started here.
Interested In Learning More About DepositLink?
Attend DepositLink’s demo exclusively for Chicago REALTORS®. Join us on February 12th at 1:00 PM to learn how DepositLink will help you collect and send payments electronically at no cost to you. Sign up here.