Escrow Management Account

Escrow Management Account

Save yourself significant time and energy while securing competitive interest for your clients. You can easily create sub-accounts for each client with Esquire Bank's free Escrow Management Account. These sub-accounts are linked to a single master account from which you can make disbursements.

Summary
  • Keep client funds separate from your own
  • Competitive interest apportioned to each individual sub-account
  • Easy transfer of funds from sub-accounts to master account for disbursement*
  • Comprehensive monthly statement outlining all activity
  • Free online account access
  • Simplify taxes; bank will generate 1099s for each sub-account
  • No setup or maintenance fees
  • Can be used for individual clients, tenant security, or 1031 exchange clients
  • FDIC insured

*Transfers from sub-accounts to master account may be made online, by phone, in branch, or by fax.

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