Once you borrow against your line of credit, you are responsible for paying your minimum payment monthly. The monthly payment is due each month on the last business day of the month. You can make additional payments at any time.
There are three ways to repay your loan: E-Transfer, Mobile Cheque Deposit or Mailing in a Cheque
E-Transfer
Now, you can pay your loans with Interac e-transfer, straight from your preferred Canadian bank account. No cheques, no mail delays.
Note: transaction limits may apply, depending on your financial institution
Want to use Interac e-transfer? Here’s what you need:
- A Canadian bank account
- Online banking access
How to initiate an e-transfer:
-
Recipient Email: please use the email that corresponds to your province
- Ontario - ONwalletdeposit@therealbrokerage.com
- Manitoba - MBwalletdeposit@therealbrokerage.com
- British Columbia - BCwalletdeposit@therealbrokerage.com
- Alberta - ABwalletdeposit@therealbrokerage.com
- Saskatchewan - SKwalletdeposit@therealbrokerage.com
- New Brunswick - NBwalletdeposit@therealbrokerage.com
- Message: First and Last Name, province, LOC
With Interac e-transfer, your repayment process is simpler, faster, and hassle-free. If you have questions, please reach out to wallet@therealbrokerage.com.
Mobile Cheque Deposit
- Open reZEN
- Navigate to Wallet
- Click 'Make a Payment'
- There you will see the option to use Mobile Cheque Deposit.
- Be prepared with a photo of the front and back on the check
- Input the amount
- Check the information against what is scanned
- You can make edits to account information if needed
- If it was successful you will see it in a 'pending' state on your Credit Activity
Mailing in the Cheque
| Provinces | Make Cheque Payable to | Envelope Address |
| Alberta | Real Broker AB Ltd. | C/O Real Brokerage 700-1816 Crowchild Trail NW Calgary, Alberta, T2M 3Y7 |
| Ontario | Real Broker ON Ltd. | C/O Real Brokerage 700-1816 Crowchild Trail NW Calgary, Alberta, T2M 3Y7 |
| Manitoba | Real Broker MB Ltd. | C/O Real Brokerage 700-1816 Crowchild Trail NW Calgary, Alberta, T2M 3Y7 |
| British Columbia | Real Broker MB Ltd. | C/O Real Brokerage 700-1816 Crowchild Trail NW Calgary, Alberta, T2M 3Y7 |
| Saskatchewan | Real Broker MB Ltd. | C/O Real Brokerage 700-1816 Crowchild Trail NW Calgary, Alberta, T2M 3Y7 |
Cheque Example:
| On the mailing envelope, please include your return address. |
| If your cheque does not specify your name, please add it within the Notes section so that we can identify your payment and apply it to your account. |
| Make sure you sign and date your cheque. |
If further assistance is needed, please reach out to wallet@therealbrokerage.com.