For many years Real Estate agents have had little choice when it came to selecting a banking partner that offered a full end to end finance and transaction solution.

Most banks and second tier financiers focused primarily on providing agents with debt products by lending against business cash flow and property assets, but when it came to a solution for managing payments, fell well short.

Some banks offered basic over the counter, internet or paper based payment channels leaving it to the agents to reconcile multiple bank deposits or large volumes of cash on a weekly or fortnightly basis.

In recent years independent software companies had sought to fill this market gap, developing payment collection platforms capable of receiving tenant payments through a number of different channels. Whilst compatible with most industry software and able to interface with bank customer account platforms, these non proprietary systems where not fully supported or maintained by the businesses’ main relationship bank.

St George Bank recently launched its banking package to the Real Estate industry, and now offers a real alternative to property agents looking for a complete industry solution from a single banking partner.

St George’s comprehensive market leading value proposition includes a full suite of transaction, investment and debt solutions, as well as the latest in payment collection technology (PayWay).

While St George has increased its support of the industry in recent months, significant time has been spent making sure that its proposition meets all of the industry’s needs and requirements.

St George has always understood the importance customers place on having a bank that knows their business and the industry they operate in. St.George offers a dedicated team of Industry and Transaction Specialists to the Real Estate and Property Services sector. This means that your St George Relationship Manager will understand what is important to your business, and assist you in getting the most from your banking relationship. All of this is backed by St.George’s national retail branch network.

St George offers a unique, full banking solution to Real Estate agents. With its Industry and Transaction Specialists, relationship model and know-how, St.George offers a real alternative to what is currently available from other financial institutions.