The account is managed in the name of the tenant and interest is also paid to the tenant. The balance of the tenancy deposit account is inaccessible until the account is closed down at the end of the tenancy, with the agreement of the landlord.
- Secure storage of the security deposit
As a tenant or landlord, you can open a BKB Tenancy Deposit Account at any BKB branch. You simply need a “Security Deposit Contract” which is signed by both parties. We are happy to provide you with the contract form. We look forward to your visit.