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MBA (Multiple Bank Account) Program

 What the MBA Program Is

The Multiple Bank Account (MBA) Program lets approved agents receive eXp payments into more than one personal or business bank account, and route different income streams to different accounts or business entities. Under the standard setup, all payments deposit into one designated account; the MBA Program is what removes that single-account limit.

Income streams that can be routed separately include:

  • Revenue Share payments
  • Commission payments (can be multiple if licensed in more than one state)
  • Team Split payments (for team leaders; can be multiple if licensed in more than one state)

It supports agents who operate multiple business entities or EINs, who are licensed in multiple states, or who simply want to route income streams to separate accounts. Personal accounts must match the Tax ID and W-9 on file; business accounts must be tied to the company whose EIN and W-9 are on file.

Full setup steps, screenshots, and the interest form are in the MBA Toolkit: https://exptoolkit.com/mba

 

For more information, please review this video: https://share.synthesia.io/e1f396e5-f522-4ba9-9fc3-671607e1c899