Busy Landlord
If you let a few homes yourself, due-date reminders go out and Pay by Bank marks the row when it executes. You are told only about a charge that did not execute.
Core Features
Rent tracking
Tenants pay your IBAN with Pay by Bank. When it executes, the row is received and a digital receipt goes out.
Last updated 19 September 2026
What this tool does
Track rent on the homes you already let. Tenants pay your IBAN with Pay by Bank. Money never sits in a SmartRent wallet. When that payment executes, the row is received and a digital receipt goes out. You get an alert when rent is late. Optional Direct Debit names you as the creditor and is not the default. Houseshare splits stay on the same file.
What you can do
- Tenants pay your IBAN — no SmartRent wallet
- Pay by Bank marks the row when it executes
- A digital receipt goes out with that execution
- Alerts when rent is delayed or overdue
- Reminders you configure
- Optional Direct Debit names you as creditor
- Houseshare splits you record
How Pay by Bank marks rent
01
Save your IBAN and reference
Save the account Pay by Bank pays. You do not mark the row by hand.
02
Tenant pays from the portal
A due-date reminder opens Pay by Bank. They pay your IBAN. Copying the account does not mark the charge received.
03
The payment executes
When Pay by Bank executes, the row is received and a digital receipt goes to the tenant. You do not confirm it.
04
Late rent is the alert
A charge Pay by Bank has not executed is late after the 3-day window. Optional Direct Debit names you as the creditor and is not the default.
How landlords use it
Letting from abroad
Tenants still pay your IBAN. When Pay by Bank executes, the row is received without you sitting on a spreadsheet.
Houseshare
Each housemate’s share is its own Pay by Bank charge to your IBAN. The webhook marks only that share.
Questions
What payment methods do you support?
Pay by Bank to the landlord’s IBAN is how rent is paid. When it executes, the row is received. Optional Direct Debit names the landlord as creditor and is not the default.
What are the fees for payment processing?
Bank transfers to your IBAN have no SmartRent fee. We do not take a cut of rent. Any bank charges are between you and your bank.
What happens if a payment fails?
A Pay by Bank payment that does not execute leaves the charge unpaid. The tenant can try again. There is no SMS.
Can I offer payment plans?
Each instalment is its own Pay by Bank charge to your IBAN. The webhook marks only that share. You do not mark it received.
Questions: support@smartrent.ie
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