Escrow Account | Business Accounts | HSBC Business Banking

Business accounts

Escrow Accounts

HSBC 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.

Woman in an apartment building | HSBC Escrow Accounts

Choose the safe, simple and convenient option for your escrow needs

Types of accounts
  • Attorney/Special Escrow Accounts
  • Interest on Lawyers Accounts (IOLA)/Interest on Lawyers Trust Accounts (IOLTA)
  • Rent Security
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
Painless recordkeeping
  • Simplified tax compliance and reporting
  • Help in complying with state escrow fund transaction requirements
  • Automatically generated IRS form 1099-INT

Learn more about an HSBC Escrow Account.

Contact us

United States persons (including entities) may be subject to U.S. taxation on their worldwide income and may be subject to tax and other filing obligations with respect to their U.S. and non–U.S. accounts. U.S. persons and entities should consult a tax advisor for more information.

1 Customer service hours of operation are Mon-Fri 8:00AM to 9:00PM ET and Sat 8:00AM to 4:30PM ET.

Deposit products offered in the United States by HSBC Bank USA, N.A. Member FDIC.

Get started

Learn more about an HSBC Escrow Account

Contact us

Or call our dedicated Business Banking Customer Service Team1 at


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Real-time account access

Business account advice

Have a question?

Call our dedicated Business Customer Service Center at

We're here Mon-Fri 8:00AM to 9:00PM ET and Sat 8:00AM to 4:30PM ET

TTY/TTD: 800.898.5999


Estamos aquí para servirle. Si necesita ayuda en español o inglés, comuníquese con nosotros sin costo alguno al número 888.433.4722. Para llamadas por cobrar fuera de Estados Unidos, comuníquese al número 716.841.4288.


我們隨時為您提供協助。需要廣東話或英語服務,請撥 800.711.8001(北美洲境內免費長途電話)或 716.841.6989(美國以外地區可採用對方付費方式致電)。


我们随时为您提供帮助。需要普通话或英语服务,请拨 800.711.8001(北美洲境内免费长途电话)或 716.841.6989(美国以外地区可采用对方付费方式致电)。

Other Languages

We are here to help. For service in all other languages, call us today toll free at 800.975.4722. For collect calls outside the U.S., contact us at 716.841.7212.

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