Escrow Accounts
HAB offers a variety of escrow solutions to help you manage your clients' funds. And we take care of the bookkeeping, reporting and remittance of interest to your account.
Types of accounts
- Attorney/Special Escrow Accounts
- Interest on Lawyers Accounts (IOLA)/Interest on Lawyers Trust Accounts (IOLTA)
- Rent Security
- 1031 Exchange Escrow
Easy to maintain
- No minimum balance
- Reduced account reconciliation time
- A single combined monthly statement for all your accounts
- Simple funds transfer and check writing