Deposit Management Integration

We are proud to announce an integration that we believe will greatly benefit our clients. We have partnered with the Fennec group to facilitate the process of managing tenants deposits. It allows clients to manage individualized investments/tenant deposits with interest on Mercantile Bank and Grindrod Bank.



  • There are no service charges
  • You will get highly competitive interest rates
  • No investment minimum
  • Can also be used to manage company investments
  • Individualized interest rate per investment/tenant deposit. The individual investment interest rate is automatically calculated.
  • The interest percentage to be paid to tenant can set per investment
  • A set Management Fee to the agency can be automatically allocated per investment
  • User friendly interface to create the accounts & download statements. Training is provided.
  • You will be able to download the Investment Statements and Investment Ledger for reporting into PropWorx and also for audit purposes. All the other reports like iT3b etc are available on the bank web interface


How it works:

  • Send us your details and a friendly Fennec agent will be in touch with you to discuss your options. Email us on
  • An account is then created with Fennec and either Grindrod or Mercantile Banks (you can decide depending on your preference. Fennec will be able to advice further).
  • The Fennec support staff will guide you on how to create your investments and provide training.
  • Once you are then set up, the statements can be imported into PropWorx once a month, thereby updating the new deposit balances (inclusive of interest) to the PropWorx reports and the tenant statements.

We look forward in hearing from you!








Chas Everitt

"When selecting a Product partner for our Rentals software management system, Propworx was the obvious choice to us. Propworx is a one stop shop, a fully comprehensive system that allows the user to manage the Rental effectively from listing until pay-out of deposit. It is a user friendly and intelligent system that drives the user to take action and eliminates the risk of human error."- Greg Harris, Group CEO, Chas Everitt Property Rentals

Jessica Du Preez - Rawson Centurion

"My experience with Propworx and their Team have been excellent! Questions & queries are always answered almost immediately by very professional, well educated & friendly staff.

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“As a property management company we were looking for a user friendly, cost effective software program to manage our portfolio more efficiently and offer our clients a better and more professional service. We have been using the PropWorx system for the last 20 months and would highly recommend it, it has definitely improved our service to all our clients as well as staff efficiency.” - Joanna van der Merwe (Principal), Re/Max Proprentors

"I have just been migrated to the new PropWorx. It is amazing!! I absolutely love the new features and it is so user friendly. I was at the Durban training last week - Luci was fantastic and I'm definitely going to go to the JHB accounting training. I also just want to let you guys know - Tamzyn and Luci are both fantastic. Tamzyn manages all my requests so efficiently and I have never had a problem - I never have to wait or question her and she is just so patient! Luci is so fun, talkative, interesting and intelligent which makes her training feel like a social event rather than a training session. Big ups to PropWorx." - Shannon Brown, Estrizest Properties


"Very Responsive to client issues and very professional! Thank you."

Shaun Kramer, Lola Kramer Properties

"Great Admin assist. Love the system. Makes our work much easier. Thank you." - Trusha Chetty, Chas Everitt Morningside


"Just love this system and the feedback is excellent and staff very helpful!!! Thanks Team!"

Annanke De Kock Vlok, Data Real Estate




"Fantastiese program! Stunning, friendly and helpful staff! And I must say very patient!

Rene Hooman, Spansaam en Koopliede

"I am always grateful for the support that I receive from the company and staff"- Antoinette Wilcockson, Seeff Simonstown/Muizenberg/Fishhoek/Noordhoek 


"PropWorx is so helpful and patient - Really Happy with the service received."- Rashia Sonpal, Remax Leading Edge

Chas Everitt

"I have always received excellent support for which I am sincerely appreciative"- Chas Everitt - Kuilsriver