A Refundable Accommodation Deposit (RAD) is a lump sum style deposit. A Daily Accommodation Payment (DAP) is the equivalent of a RAD, but paid by interest only on a daily basis.
Accommodation payments can be either a full RAD, a full DAP, or a combination of the two types of payments. Further information can be provided upon request.
Full RADS and DAPS as at 1st October 2021 are provided: