Setting Up Direct Deposit for Your Rental Proceeds
PPM disburses rental proceeds to owners via ACH direct deposit. Setting up your banking information is one of the first steps in onboarding and ensures you receive your funds on time every month.
How to Set Up ACH
Provide your banking information by either:
Completing the banking section of the Owner Onboarding Form
Emailing a voided check or a bank-issued letter with your account and routing numbers to [email protected]
PPM accepts checking and savings accounts at any US bank or credit union.
When Will I Receive Funds?
PPM initiates ACH transfers on the first business day after the 5th of each month. Once initiated, funds typically arrive in your account within 3–5 business days depending on your bank. All disbursements are made before the 15th of each month.
See When Do I Receive the Rental Proceeds? for the complete disbursement timeline.
Updating Your Banking Information
To change your bank account, email [email protected] with your new banking details and a voided check. Changes must be received by the 1st of the month to take effect that same month.
Questions?
Contact us at [email protected] or (973) 646-4422.