Easy Security Deposit Management
ZDeposit controls the opening, funding, management and releasing of tenant security deposit accounts to your Norwood Bank account. It affords best-in-class transparency between tenants and landlords while facilitating compliance with state laws.
In addition to the technology, ZDeposit from Norwood Bank includes a complete package of enabling services:
- Conveniently open security deposit accounts online, invite tenants to eSign the W-9 form, and let ZDeposit take care of the rest.
- ZDeposit will automatically prepare the required disclosures for the tenant and remit annual interest accrued.
- Best of all, its free for landlords and tenants.
Contact Mike Kennedy, VP Business Development at 781-440-4223 or send an email.