Rental payments are due and payable, without demand in advance on the 1st day of each month.
In an effort to streamline the payment process, effective, Brookfield is pleased to offer our tenants three different options for making rental and invoice payments.
- Electronic Funds Transfer (EFT) (Rental payments only):
Under the Pre-Authorized Payment option, the tenant is required to provide proper authorization to their bank, to allow Brookfield to directly debit the tenant’s bank account for the relevant monthly rental charges.
- Direct Deposit:
Under the Direct Deposit option, Brookfield would provide you with their banking information to instruct the tenant’s bank to electronically transfer funds accordingly.
The benefits of selecting either one of the above mentioned options are as follows:
- Elimination of manual cheques
- No additional payment charges involved
- Timely processing of payments
- Avoid delayed or lost cheques
While we understand that banking information is highly confidential, we assure you that all information provided will be used solely for the purpose of implementing this program.
- Manual Cheque Payments:
Electronic methods of payment are preferred. However, should you wish to continue issuing manual cheques, please ensure all cheques are made payable to BPO Ontario Properties Ltd. and delivered to the Management Office at:
333 Bay Street, Bay Adelaide Centre
Suite C131, Concourse Level
Toronto, Ontario M5H 2R2
In order to ensure correct payments are recorded in your account on a timely basis, please provide remittance slips as part of your back-up.