Got questions about DepositLink? We are happy to help. Browse the topics, questions and answers below to learn more, or call us any time at 1-833-DEP-LINK.
In the residential real estate business, wire and check fraud are constant threats creating serious liabilities. DepositLink is a safe and secure solution for real estate companies and their agents to collect deposits and commissions electronically.
DepositLink is a simple, secure and efficient way for real estate companies and escrow agents to collect earnest money deposits and commissions electronically through the ACH network. Our mobile responsive website solution eliminates wire fraud and check handling liabilities for escrow holders. DepositLink increases efficiencies for both accounting staff and agents thereby enhancing service levels for their clients.
Any licensed real estate brokerage, attorney, or company authorized to hold escrow funds.
Yes. DepositLink features customized workflows for sales and rentals.
No. DepositLink utilizes the Automated Clearing House (ACH) network to transfer money.
No. DepositLink is not an app. It is a mobile responsive website compatible with any device you can access the internet with.
Yes. We have invested significant resources to ensure our clients' money is safe and secure. Our proprietary platform utilizes the ACH network and bank level security to eliminate check and wire fraud. We do not store any banking information, nor do we share any personal contact details. Read more about our security practices.
Yes. DepositLink is built to accommodate brokerages of any size, with any number of offices and agents.
DepositLink's admin-level reporting removes the uncertainty associated with unidentified checks, allows authorized company personnel to view the status of all transactions in real-time, and accurately reconciles bank accounts.
Yes. DepositLink carries a $1M per occurrence cybersecurity insurance policy.
DepositLink connects to 16,000 banks and credit unions.
DepositLink covers domestic transfers only.
DepositLink can transfer up to $100K Same Day ACH, and $101K-$250K Next Day ACH and $251-$500K Standard ACH.
Yes. With DepositLink you can request and send commission payments in minutes.
Yes. Payment requests can be sent to an unlimited number of buyers or tenants.
DepositLink generates a detailed PDF receipt for all transfers.
No. Buyer and renters are charged a $12 processing fee when making a payment through DepositLink.
Yes. To schedule a private demo and learn how DepositLink can help your business, please contact us today.