Opening and maintaining escrow accounts for your clients can be costly and time-consuming. Our Escrow Express service was designed to make it easy and affordable. This program is specifically designed for attorneys, property managers, home builders, realtors, title companies, funeral homes, state and municipal governments, and courts.
Features and Benefits
Convenience of not having to open separate escrow account for each client
Simplified accounting with our easy-to-understand combined statement
Security of having client funds under FDIC insurance
1099 reporting to taxing authorities and clients provided by Eastern Bank
Only one master account needed, to which you can attach up to 999 subaccounts without going through the full account opening process.