Contact Consumer Protection
Tel: 1300 30 40 54
consumer@demirs.wa.gov.au
See all Consumer Protection office locations
Electronic transactions (eTransactions) allows you to lodge, make changes to and release bonds online. eTransactions are available as part of BondsOnline and are faster, easier, and more secure than the manual bond form process.
The agency controls the timing of funds being debited from their trust account. This makes it easier for you to comply with the Real Estate and Business Agents Act, regulations, and code of conduct.
The use of direct debit allows for the transfer of funds directly from the agency trust account to Bonds Administration. The funds will generally be transferred on the day the agency approves the transfer, or the following business day if the approval is after 2pm.
EFT transaction reports can be generated from the system, enabling easier reconciliation of accounts. Monthly agency reports are also available from the reporting menu.
eTransactions can be saved as drafts, allowing for pre-population of information before tenants attend your office.
The system provides a full audit trail of all functions carried out by your staff and separation of duties, if required.
If you are a licensed real estate agent undertaking property management services, you must use BondsOnline eTransactions (Regulation 7H of the Residential Tenancies Regulations 1979).
Yes, eTransactions may not be suitable for all tenants and Bonds Administration will accept paper form submissions if:
Certain kinds of transactions are not supported by eTransactions and a paper form will still be required if:
There is also a blanket exemption to allow bonds which were initially lodged with a paper form to be disposed of or varied on a manual paper form.
If you are submitting a paper form for any of the reasons above, please include a note in your email or on the form to explain why a paper form has been used.
For clarification, please call 1300 853 829 or email.
Complete the BondsOnline registration form for agents, create an account on My Account and submit a scanned copy of the form via BondsOnline.
Please also ensure you read and understand the BondsOnline terms and conditions, which include the direct debit request service agreement terms and conditions.
BondsOnline is free.
Why do agents need to approve eTransactions that include payments?
Approving payment amounts protects your business. One of the benefits of eTransactions is it gives agents greater control and understanding when it comes to payments.
Reports can be generated about all records held for your agency. This includes both current and historical records.
In addition, the new EFT payment report gives you transaction level reconciliation capabilities for all transactions initiated in the system.
The reporting functions provide an easy way for agencies to monitor the records held by Bonds Administration for properties on your rent roll, making reconciliation easy.
You can also access your agency monthly reports through the system.
Each tenant must independently confirm information by accessing a link in the email they receive to their unique email address.
If a tenant doesn’t have an email address, they can create one by using one of the free services, such as Live, Hotmail or Gmail.
If a tenant does not have an email address or mobile phone number, you must use the manual form. In BondsOnline, you can generate manual forms by unticking ‘Online Submission’ at the top of the bond application. You can also download and print forms from the bonds forms page.
DO NOT:
Use your agency’s details. Any approvals carried out by the agency on behalf of a tenant will be considered to be falsifying the tenant’s approval and will be reported to the Department’s compliance team.
Use another tenant’s information. If multiple tenants have the same contact information, this will significantly delay the application to release the bond and could result in the need to apply for a Court Order to have the bond released.
BondsOnline emails from Bonds Administration will always use the tenant’s first name and surname in the greeting. They will also include the address of the rental property.
Your tenant can forward any suspect email to bonds email.
If you, or the tenant are concerned about scams, contact Consumer Protection for advice by phone on 1300 30 40 54 or email.
Further information about scams is available from WA ScamNet.
The BondsOnline page has further information about the eTransaction service.
The bonds section contains further information about bond forms, how much can be charged for a bond, pet bonds, lodging, making changes to and releasing a bond.
If you need further assistance, you can contact:
The BondsOnline: User Registration and Terms and Conditions page contains the forms and documents new agents will need to register for the BondsOnline system.
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