Secure Your Financial Transactions with iGTB's Escrow Solutions

Deposit mobilization efforts channelized via Escrow/Trust agents

Stable source of funding

Low capital requirements as per Basel III norms

Low marketing and distribution costs

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Banks across the Globe are Increasingly Focused on Expanding their Deposit Base

Feature rich risk management solution that handles complex corporate cash management & liquidity structures

Configurable Platform

Quickly configure business rules and regulatory (federal/local)
Address the needs for different industry-specific escrow use cases
Manage whole lifecycle of an escrow account

Contextualize Use Cases

Compose products with fields, labels, and other text customized for different industry segments and use cases. E.g. property management, rentals, litigation, public/government services, personal services, etc
Define hierarchical levels that are appropriate for specific use cases (i.e. buildings for property management or case numbers for litigation)

Functional Capabilities

Manage escrow/trust accounts and transactions (interest, admin fee, tax handling, disputes)
Automate reconciliations with manual exception handling where required
Generate comprehensive reports of accounts and transactions
Online audit history of all activities, additions, modifications and transaction life cycles

Regulatory Compliance

Federal and State tax handling
Escheatment handling
Federal and local regulatory support by state (KYC, Reg D, FDIC, etc.)
Document upload and retention capabilities, including archival and purging policy handling

Self-service Capabilities

Manage escrow/trust entities (rental properties, lawsuits, etc.) without depending on the bank
Open, edit, close escrow/trust accounts
Transact, manage and view details (interest, document uploads, payments, etc.) on deposits to escrow/trust accounts and Release/refund of funds from escrow/trust account
Customize hierarchical views for different use cases

Transparency

Extract date for accounts and transactions
Manage account statements and generate comprehensive reports
View enhanced deposit breakdowns for certain use cases (i.e. security and pet deposits for apartments)

Consolidated Product Portal

Toggle between different use cases within the same portal
Use one log-in to access all of your Escrow needs

See how Global Banks #winwithiGTB Trusted by the World’s Best

Client Testimonials

Explore testimonials showcasing how iGTB empowers 60% of the world’s top banks to #winwitheMACH.ai

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A market-leading global transaction banking platform, iGTB provides global coverage for its Virtual Account Management (VAM) solution across five continents and 18 countries. iGTB’s Virtual Account Management offers corporate banking clients a seamless customer journey and user experience across multiple business segments.

Joseph Giarraputo

President & Editorial Director,