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Escrow Management Account


Streamline some of Your Most Complex Business Processes with Escrow Management Tools

Enjoy ease of use when managing escrow, security deposit and subaccounts. Our ZEscrow platform provides digital access to management tools and automated features that add convenience and save time.

Fast

ZEscrow Manager allows you to monitor and manage your escrow and sub-accounts online, 24/7.

Efficient

No faxing signed forms, and no phone calls to check balances or make changes. Moving funds, opening new sub-accounts and closing sub-accounts can all be controlled by the user online.

Compliant

Regulatory compliance is built in, including W-9s and other tax paperwork.

 

Our Escrow Management tools are ideal for Property Managers, Landlords, Municipalities, Government Entities, Unions, Attorneys, Law Firms, Real Estate Offices, Builders, Nonprofits, Nursing Homes and Title Companies.

Features and benefits include:

  • A responsive design and tools to streamline daily processing.
  • 100% digital access for you and your team members.
  • Online capabilities to open, manage, transfer funds and close sub-accounts.
  • A unique digital filing system that makes tracking and organizing sub-accounts easier.
  • The option to invite beneficiaries to complete account documents online.
  • Automated delivery of statements, notifications and tax reporting.
  • Improved methods for interest tracking and disbursement - no matter how complex.

Watch the ZEscrow Manager webinar to learn more.

 

Frequently Asked Questions

Sub-account statements are available through the ZEscrow Manager online platform. Statements for the Escrow Manager Account will be made available directly through the ZEscrow Manager online platform. The Escrow Manager Account and sub-account statements will be available as a combined statement.

New sub-accounts can be opened and closed directly through the ZEscrow Manager online platform and will require an uploaded copy of the beneficiary’s W-9.

Unassigned transactions are the deposits that have been made to the Escrow Manager Account and need to be designated to the proper sub-account. Through the unassigned transaction function, you will also now have the ability to split a single deposit into multi sub-accounts if needed. It is important to note that all unassigned transactions must be acted upon as soon as possible, but no later than the last business day of each month, in order to ensure proper reconciliation and calculation of interest.

 

Customized Solutions

Trusted Advisors

Local Decisioning

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