Attorney/Special Escrow Accounts
HSBC offers a variety of escrow accounts to meet the needs of Attorneys, Funeral Directors, Real Estate Managers, and others who need a central control account with client sub-accounts for fiduciary accounting. This escrow account allows you manage, safeguard, and segregate assets of your client's or beneficiaries.
Features and Benefits:
- Make deposits into the sub accounts
- Write checks from the control account
- Transfer funds from your client's accounts to the control account
- Detailed monthly statements display transaction activity for the control account and each client's account
- Speak with a Relationship Manager at your local branch about opening an account.