A housing association's basic account is a payment account for receiving maintenance charges and other receivables, and for paying out invoices.
Identification of charges by reference numbers is a good and inexpensive way of expediting the transfer and supervision of payments. The use of a bar code on account transfer forms makes the use of automatic payment machines easier. Direct debit is the most efficient way of collecting maintenance charges.
Paying invoices electronically is simple and inexpensive. Sampo Bank provides suitable methods of payment for housing associations of all sizes. eBanking is a natural solution for a small housing association. eBanking software is most efficient for large housing associations and real estate management firms. It can also be linked to the accounts ledger. Sampo Bank offers the Sampo Linkki eBanking software.