Why move current deposits to Whale

Moving deposits currently held by a property to Whale accelerates how quickly you realize the full impact of Whale. Rather than waiting for every unit to turnover, our "flip" process allows you to move the deposits you currently hold to Whale.

Here are some of the benefits:

• Stop worrying about ongoing compliance (e.g. paying annual interest)
• Save significant time + effort when your current leases move out
• Offer your current residents a nice new perk (who doesn't like getting paid every month?)

Here's a quick summary of how the process works, but see Moving Deposits for more information.

1. You send note to current residents announcing the new resident benefit
2. Whale invites them to open their account
3. You transfer their deposit to Whale
4. Renter starts earning interest