How can I set up monthly interest distributions directly to my bank account?

You can use Heron as a source of passive income by receiving automated, recurring interest distributions sent to your bank account.

This allows you to distribute up to 100% of your monthly interest without affecting your principle.You can select to have your monthly distributions reinvested or sent directly to your bank account.

Please note, your distribution payments default to Reinvest when you sign up for your Heron Account.

To make changes to the percentage of your monthly interest that is automatically distributed to your bank account follow these steps

Please note distributions are processed 2x a month.

You can edit or turn off automated distributions at any time by clicking the Edit button under Interest Distributed on your dashboard.