iGTB Escrow offers a bank the ability to segregate its customer escrow deposits, utilizing the bones of our virtual accounting solution. Vreate sub-accounts quickly that can be ready to transact same day along with automated reconciliation, interest management, and all of the other advantages of a virtual account (see iGTB VAM for further details). Keep your customer's accounts safe and compliant through our comprehensive regulation rules engine, which provides the ability to differentiate between local and federal rules for critical regulations like tax withholdings, escheatment, KYC and OFAC screening, etc. Use our reporting engine to run scheduled or on-demand reports to manage metrics and MIS, creating transparency for Operations staff and customers alike.

Our product is currently tailored to handle many different Escrow use cases, such as attorney trust, property management, 1031 exchange, IOLA/IOLTA, and Surrogate. In the months to come, the catalogue of products we can offer will grow , each experience contextually driven relevant to each use case via our robust configuration engine. Need to help a landlord differentiate accounts between buildings or organize funds between security deposit, pet deposit, etc.? Need to help an attorney organize their trust deposits by case number? The power is in your hands.

Give your customers the same power through the solution's comprehensive self-service, front office platform, Contextual Banking Experience (CBX). Through a series of entitlements, CBX allows the bank's corporate customers to open/close accounts, manage payments in and out of the account, as well as manage balances and interest, thus enabling flexibility and complete control.

Please note that the listing price is subject to change based on each bank's specific needs. Contracts will also vary based on the amount of use cases required. Reach out to our support contacts (listed below) to finalize pricing.