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Updated 8 months ago on . Most recent reply

User Stats

42
Posts
22
Votes
Bhushan Shinkre
22
Votes |
42
Posts

Lending platform with no-fee direct ACH to Bank Accounts

Bhushan Shinkre
Posted

There are plethora of landlord platforms that force you to use their own 3rd party banks to deposit rent and charge $2.5-$5 per transaction to directly ACH into bank of your choice (ex: I love Chase Bank). I'm honestly fed up with these platforms because of limitations of their features and terrible banking practices. Have you come across a landlord / rent collection platform that does not charge fees to ACH your bank of choice? I'm open to other creative methods such as Cash App, Paypal, etc. ... but I believe that they charge for automatic ACH payments. Chase Bank does ACH collections, but they charge for it as well. 

Please advise your best practices to collect fee-free, auto-pay ACH to your bank of choice. Thank you! Please no promotions. 

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