When is rent deposited into my bank account?

What does the deposit look like in my bank from an RPM Owner Draw?

You should receive your Owner Draw directly into your bank account on the 1st or 2nd Business Day of each month. You will generally receive your Full Month Owner Statement by the 3rd business day of the month and it will show the prior month's Owner Draw as occurring on the last business day of the month.

We will initiate the Owner Draw on the last business day of the month and your bank account will receive the deposit a 2-3 business days later. (Learn more about what kinds of bank accounts we support.)


The deposit in your account will be listed as "Professional Pro/SIGONFILE" and then your name.

If you cannot link a bank account online, we'll issue payouts via check, but there may be an additional Paper Check Printing Fee.