When will my Security Deposit be processed?

When will my Security Deposit be processed?

Security deposits for your booking are processed within 14 days following the stated departure date. To ensure a timely refund, please provide your banking details.

Timing of Security Deposit Processing

Upon your departure from the property, the process of refunding your security deposit begins. Please note that this process typically takes up to 14 days from your stated departure date. This timeframe allows us to conduct a thorough inspection of the property to ensure there are no damages or additional charges incurred during your stay.

Providing Banking Details

In order for us to process your security deposit refund efficiently, we require your banking details. These details include:
  1. Bank account holder's name
  2. Bank account number
  3. Bank name
  4. Branch address (if applicable)
Important Note: Please be aware that we can only process Security Deposits to Australian bank accounts.

How to Provide Banking Details

You can provide your banking details through the following secure methods:
  1. Secure Online Form: Visit www.sharesorted.com.au and submit a ticket to provide your banking details.
  2. Email: Send an email to support@sharesorted.com.au to provide your banking details

Important Notes:

  1. Accuracy: Please ensure that the banking details provided are accurate to avoid delays in processing your security deposit refund.
  2. Confidentiality: We take your privacy seriously and handle your banking details with utmost confidentiality. They are only used for the purpose of processing your security deposit.
  3. Notification: You will receive a confirmation email once your security deposit has been processed. Depending on your bank, it may take up to 3 business days for the funds to appear in your account.


Contact Us:

If you have any questions or need assistance with providing your banking details, please don't hesitate to contact our customer service team by visiting www.sharesorted.com.au to submit a ticket.

By following these guidelines, you can ensure a smooth and timely refund of your security deposit after your stay.
    • Related Articles

    • Why do I need to provide my banking details for my Security Deposit to be processed?

      Providing your banking details is essential for us to efficiently process and refund your security deposit after your stay. Please see below to reasons why you need to provide your banking details in order for your Security Deposit to be processed: ...
    • What to do If my Security Deposit has not been refunded yet?

      Your security deposit will be refunded within 14 days of your stated departure date. If the deposit was not refunded within this timeframe, please consider the following: Stated Departure Date: The 14-day timeframe begins from the agreed, stated ...
    • What is a Security Deposit?

      In Australia, a Security Deposit is a common requirement when renting properties. It serves as a financial guarantee for the landlord or property manager against potential damages or breaches of the rental agreement by the Occupant. Purpose of a ...
    • What is a Holding Deposit and why do I need to pay it to secure a property?

      A holding deposit is an amount of money you pay to a landlord or real estate agent to reserve a rental property. This payment shows your commitment to renting the property and ensures that it is taken off the market while your rental application is ...
    • Am I Allowed to Sublet My Property?

      Subletting your property is a serious matter and can have significant implications for your Occupancy agreement with ShareSorted. ShareSorted Subletting Policy Strictly Prohibited: Subletting your ShareSorted property is strictly prohibited and is ...