Offer your thoughts or opinion on the input financial query or topic using your financial background.

Tenant wants to pay rent with EFT
I am able to set this up for my tenants by providing them with a form to fill out so that they provide their name and bank account information, and then I gave that to my bank and they establish a recurring ACH transfer.  This way the tenant never gets my bank information. One note about this, I had a tenant break her lease and move out.  She notified me a couple of days before the first of the month, and by the time she had moved a few days later the rent had been automatically paid.  She called her bank and asked them to reverse the most recent transaction so she could have that month's rent refunded, and much to my surprise, they did.  So the financial transfer is not necessarily one-way. This is in the US.