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Home / Commercial / Treasury Management / Liquidity and Investments / Escrow Management

Escrow Management

Fast. Efficient. Secure.

Broadx Escrow Management enables your business to efficiently manage all your escrow and subaccounting tasks in one simple but sophisticated platform. The Escrow Management platform works seamlessly with Broadx Finance’s online banking platform, allowing quick access to all the critical information you need from your business banking portal. You can open, close, fund, track, and organize subaccounts. It's an online platform like you've never used before.

Advantages of Broadx Escrow Management

  • 24/7 online access for designated team members
  • Quickly open, fund, manage or close escrow accounts
  • Create as many digital folders as you need to match your internal filing system
  • Access detailed reports and historical statements in just a few clicks
  • Precise interest calculation and splitting
  • API-first platform can connect to your in-house software

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Full Control

Monitor and manage your escrow while being able to open and close your subaccount online—anywhere, anytime.

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Efficient

Eliminate the need to fax forms, make phone calls to check balances, or create changes. 

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Compliant

Regulatory compliance is built into the platform, including W-9 forms and other essential tax paperwork.

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 Flexible

Excels at managing and simplifying complex or unusual workflows.

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Cost Effective

By replacing the manual process you can virtually manage your escrow accounts—saving time and money.

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Simple & Intuitive

The user-friendly platform is easy to navigate and allows you to conveniently manage tasks. 

Broadx Escrow Management is ideal for:

  • Government services: enabling secure management of community funds and surety bonds.
  • Law firms: offering an efficient way to handle IOLTA/IOLA accounts for client funds.
  • Property management firms: streamlining the process of managing tenant security deposits.
  • Additional Industries: Title Companies, Real Estate, Retirement and Assisted Living, 1031’s, Funeral Homes, HOAs, and Non-Profits
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Get started today

Connect with your Relationship Manager for a live demo. Don't have an RM? Reach out to an experienced member of our commercial banking team.

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