Digital Escrow
Streamline your commercial escrow accounts with Leader Bank’s digital solution, Digital Escrow.
Digital Escrow Benefits
Digital Escrow
Leader Bank Digital Escrow is a completely digital solution for funding commercial escrow accounts. Designed to save you time in the management of subaccounts, this responsive tool is the perfect way to streamline your business’s banking processes by eliminating manual paperwork and automating the escrow account funding process.
Digital Escrow allows you to open, close, fund, track, and organize your sub accounts on any device through an easy-to-use online portal. The fully-automated platform helps businesses simplify banking processes by helping keep track of statements, interest tracking, and IRS reporting, among a host of other features.
Digital Escrow Features
- Complete access for you and designated team members
- Ability to open, fund, manage, and close escrow and subaccounts from a mobile device
- Detailed reports and statements at your fingertips
- Interest tracking and disbursement, no matter how complex interest allocations
- Automated delivery of statements, notifications, and tax reporting
- Option to invite beneficiaries to complete necessary paperwork online
The Perfect Solution For…
- Property managers and Landlords
- Municipalities/Government entities
- Attorneys/Law Firms
- 1031 Exchanges
- Real estate offices
- Non-profits
- Nursing Homes
- Funeral Homes
- Title Companies
- Builders
- Unions
Ready to open a Digital Escrow account? Have questions? Chat with our Team!
1031 Exchange Services
Whether you’re dealing with a small property or larger commercial real estate investment, Leader 1031 is the ideal solution for real estate investors seeking to sell and purchase property using the tax-deferred advantages of a Section 1031 exchange.Qualified Intermediary needs. Our world-class team members are standing by to walk you through every part of your transaction quickly and easy.
