Corporate banking to suit your needs as a property manager

In your demanding role as a property manager, time is a valuable commodity. Aareal Bank AG can offer you tailored support with specialised payment transaction and electronic banking solutions which enable asset and property managers to focus on what really matters: looking after their clients and properties.

Security and industry knowledge: With decades of specialist experience in the housing industry, Aareal Bank stands for industry expertise, crisis resilience and a sound business model. Our commitment to the housing industry is underlined by our partnerships with industry associations including the Bundesfachverband der Immobilienverwalter (BVI) and Verband der Immobilienverwalter Deutschland (VDIV) property managers' associations.
Transparent and legally compliant: With Aareal Bank, you can rely on our compliant, open third-party accounts for condominium owners' associations (COA). These accounts are managed in the name of the COA, offering protection in the event of attachment or insolvency. Managers can act independently, while the COA's ability to view the account creates trust.
Efficient and customised: Aareal Bank's payment transaction solutions are tailored to the requirements of third-party management. You can also enjoy convenient corporate banking with the Aareal Bank corporate client portal and the option to connect our account systems to many of the ERP systems used in the housing industry via the BK01 modules from First Financial Software GmbH.
Personal and in your area: As well as our customer service teams, contacts at Aareal Bank are available for you throughout Germany. You can meet us at numerous regional and national industry events organised by various associations. Contact us!

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Save time with automated processes

Think beyond your payment transactions and electronic banking: with the BK01 solutions from First Financial Software GmbH, a joint venture of Aareon Group GmbH and Aareal Bank AG, you can connect your Aareal account system with the main ERP systems used in the property industry and optimise your payment processes across systems. Enjoy improved data transparency, efficient processes and greater process reliability in your work.

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Specific advantages for you

Added value for property managers

During your day-to-day work, we support you in all payment-related matters, whether enquiries from clients about their maintenance reserve payments or housing benefit, or bills from utility companies, insurers or telecommunications suppliers. In short, in all the areas where good service is expected of you.

To give you a sense of how we develop our services, here are some selected highlights of the services – depending on the product used in each case – that we can offer you.

Safety first! In accordance with the law, COA reserves at Aareal Bank are deposited solely in open third-party accounts in the name of the condominium owners’ association, protecting them both from attachment and in the event of insolvency.

These accounts may be operated by the property manager as a body authorised to represent the COA, and with third-party accounts in its own name, the COA is also assured access to the accounts ‒ which is, not least, a trust-building measure.

Thanks to a convenient electronic banking platform, payment transactions with Aareal Bank are efficient and simple, and the account management service is tailored perfectly to the needs of the third-party management company.

All accounts can be consolidated within one account system, and grouping accounts per business area makes it easier to manage both the accounts and the authorised signatories ‒ because all the conditions are stored in the account system. They therefore apply to all accounts linked in this system, provided no explicit exceptions are requested for individual cases.

This service is aimed at reducing formalities and saving time, wherever possible. When you acquire a new management mandate, you need another account, and the fastest way of doing this is to open it electronically. Thanks to the account system contract with Aareal Bank, the contractual conditions are already being met, so opening the account requires nothing more than a short online instruction. The account number notified back to you can be communicated to your client immediately too, because the new account is open for incoming payments on the very same day.

The ability to answer your clients’ questions quickly and comprehensively demonstrates your competence as a property manager.

We help you to do this by making all your account movements transparent through daily electronic account information – individually configured and including intra-day movements too.

Virtual account numbers are the perfect identifying feature, enabling specific payment amounts to be assigned clearly to specific contracts, costs types etc., and allowing amounts to be posted automatically in the BK01* procedure.

Interlinking these with subsequent processes ensures the maximum degree of efficiency and quality. The Aareal Account system also allows you to use virtual account numbers to help your account processes interact with your own software.

^{*The described BK01 solutions are products by First Financial Software GmbH, a joint venture of Aareal Bank and Aareon. Aareal Bank AG is an exclusive BK01 account system partner. Prerequisite for the use of BK01 is an account with Aareal Bank AG.}

Circumstances where payment instructions are deferred or returned ‒ e.g. due to insufficient funds in an account ‒ cannot always be avoided. Monitoring these payments and re-submitting the instructions manually is very labour-intensive and takes up valuable time.

Our technology takes over these tasks for you for a period of ten days. Automatically. Nothing is lost, and no manual intervention is necessary.