Skip to content

Trust Account have to be Business Account?

Answered by: 

Question: 
Does a trust account have to be a business account?
Answer: 

That would be Bank policy - but the delivery of consumer disclosures may place more liability on the bank than it deserves.

First published on BankersOnline.com 9/26/11

First published on 09/26/2011

Filed under: 
Filed under compliance as: 

Search Topics