Operating and Trust Accounts
Operating and trust accounts for property managers.
Keep operating and owner trust funds in separate accounts in your company's name. Pay by same-day ACH or mailed check, and every transaction syncs to your PMS and books.
First month money-back guarantee
Operating ••9974
$148,220.14
Owner Trust ••9318
$612,904.88
Payroll ••4410
$84,300.00
Owner Trust: Smokies ••2205
$39,880.42
Trusted by professional property managers
Separate operating and trust funds
Each account has its own account and routing numbers, so owner funds stay apart from company funds.
Same-day ACH
Pay owners, vendors and housekeepers by same-day ACH for payments submitted before the daily cutoff.
Mailed checks with tracking
Mail checks to anyone who wants paper, track them and void or reissue from the dashboard.
Books that reconcile themselves
Each account maps to its GL account, and activity syncs to your PMS and books with the same rules as card spend.
Get paid in, too
Receive ACH and wires from your PMS, payment processor or owners with your account and routing numbers.
Permissions and approvals
Control who sees each account and who moves money, with approval rules and a full audit trail on payouts.
Monthly statements
Download statements per account, ready for trust reconciliation and your accountant.
No minimums or overdraft fees
No balance requirements and no insufficient funds fees.
How it works
Open
Verify your business and open accounts in minutes.
Separate
Create operating and trust accounts for each entity.
Pay
Same-day ACH and mailed checks, with approvals.
Reconcile
Each transaction syncs to your PMS and books.
Accounts
- Unlimited operating and trust accounts
- Account and routing numbers for each account
- Multi entity support
- Eligible for FDIC pass-through insurance (see disclosures)
Money movement
- Same-day ACH before the daily cutoff
- Mailed checks with tracking, voids and reissues
- Transfers between your accounts
- Linked external banks
Control
- Role based permissions
- Multi step payout approvals
- Bulk owner payouts
- Accountable Visa® Commercial cards, virtual or physical
“Having Accountable's nimble solution translates into better experiences for guests, homeowners and vendors. The goodwill we generate by paying owners promptly with Accountable's same-day ACH builds loyalty.”
Navin Enand, Founder
B2 Vacations, Myrtle Beach, SC, 100+ properties
Is Accountable a bank?
No. Accountable is a financial technology company, not a bank or a money transmitter. Accountable partners with Stripe Payments Company for money transmission services and account services with funds held at Fifth Third Bank N.A., Member FDIC. See the disclosures below.
How fast is same-day ACH?
ACH payments submitted and approved before the daily cutoff are sent the same business day. Payments submitted after the cutoff go out the next business day.
Can I keep owner funds in a trust account here?
Many customers keep operating and owner trust funds in separate Accountable accounts. Each state sets its own rules for how property managers hold owner and guest funds, so confirm yours with your broker or advisor first.
Can I still use my existing bank?
Yes. Link your existing bank to move money in and out, and keep using it alongside Accountable.
Keep exploring
Accountable (Hostfi Inc.) is a financial technology company, not a bank or a money transmitter. Accountable partners with Stripe Payments Company for money transmission services and account services with funds held at Fifth Third Bank N.A., Member FDIC. Accountable Visa® Commercial cards are powered by Stripe and issued by Celtic Bank. Stripe Issuing balances are provided in the US by Stripe Payments Company, licensed money transmitter, with funds held at Stripe bank partners, Members FDIC.
USD balances in Accountable financial accounts can be eligible for FDIC pass-through deposit insurance if they meet certain requirements. The accounts are eligible only to the extent permitted by the rules and regulations of the FDIC, and if the requirements for pass-through insurance are satisfied. The FDIC insurance applies up to 250,000 USD per depositor, per financial institution, for deposits held in the same ownership category. Neither Accountable (Hostfi Inc.) nor Stripe is an FDIC-insured institution, and the FDIC's deposit insurance coverage only protects against the failure of an FDIC-insured depository institution.
Close your books 90% faster.
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First month money-back guarantee