escrow management

A checking account designed for third party agents who manage escrow funds for their clients in accordance with legal arrangements until conditions are met. Escrow Funds Management from Orange County Trust is ideal for:

  • Attorneys
  • Landlords
  • Realtors/Title Companies
  • Municipalities
  • Funeral Homes
  • Nursing Homes/Assisted Living
  • Companies providing 1031 Exchange
  • Other

SIMPLIFY & REDUCE OPERATING COSTS

An Escrow Funds Management account will save you time and money.  We link multiple interest and non-interest bearing "client" or "tenant" sub-accounts to a single "master" commercial checking account that:

  • Manages money moving in and out of your client accounts
  • Generates one consolidated report for the entire Escrow Manager relationship
  • Creates and sends 1099 tax reporting to your clients
  • Allows you to issue checks for easy disbursement from your master checking account

 

ESCROW MANAGEMENT TRANSACTION FORMS