Complicated financial and legal situations often require escrow arrangements. Whether it's a merger or acquisition, public or private subscription, cross-border transaction, litigation, work guarantee, regulatory action or settlement, companies need to know where their accounts stand at all times.
To simplify the administration of your escrow accounts while ensuring total privacy and security, we offer:
- Competitive interest rates
- Unlimited escrow sub accounts
- Tax reporting
Take greater control over your treasury functions with accessESCROW™. This robust online tool empowers you to:
- Add and manage users for your accounts directly from the online platform
- Open and fund escrow sub accounts once the appropriate documentation is received
- Process transfers between your master account(s) and sub account(s) and close escrow sub accounts
- Access escrow statements and a variety of online reports
Your dedicated Treasury Solutions Specialist will work with you and members of your team to set up and fund standard escrow arrangements and assist with documentation that complies with the U.S. Patriot Act and the Bank Secrecy Act. Your Specialist will serve as your single point of contact ready to help you meet all challenges as your business needs continue to evolve.