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Third-Party Fund Admin

Third Party Fund Administration

Manage funds for multiple accounts from a single bank account Get competitive rates on term deposits, top-notch security and automated facilities Perfect account for third-party fund administrators such as attorneys, asset managers, estate administrators, liquidators, property managers, fund administrators, chartered accountants, estate agents, or auditors

Some of the benefits

Convenience

Set up multiple accounts from your desk

Competitive rates

Make term deposits online at wholesale rates

Auto collections

Automate admin fee collections on all accounts

Secure

Access is secured through the use of unique user ID’s, tokens and passwords
What you get
  • Interest calculated on full balance of accounts
  • Term deposits of 32 days to 5 years on all accounts
  • Multiple release capabilities
  • Inter-account transfers and electronic payments
  • Balances, statements, VAT invoices
  • System reports for admin and closing
  • Dedicated account executive and support team
  • Electronic property guarantees for attorneys
WHO IT’S FOR

Each industry has specific qualifying criteria and facilities.

  • Asset managers
  • Attorneys
  • Accounting firms
  • Debt collectors, liquidators and sheriffs
  • Estate and fund administrators
  • Estate agents and property managers
  • Fresh produce agents
  • Share traders
WHY IT’S SAFE
  • User and operator IDs, tokens and passwords
  • User, operator, beneficiary and transaction limits
  • Segregation of duties for specific roles
  • Usage statistics to view, print or download
  • Automated functions to avoid manual input errors
  • Audit trails for monitoring access and usage
  • 128-bit encryption technology
How to get it

If you already have a Business, Trust or Executor account

  • Speak to your business banker

 

You’ll need to be a registered attorney taking stewardship of third-party funds, and comply with Section 68(1) of the Legal Practice Act of 2014.
  • What you get
  • WHO IT’S FOR
  • WHY IT’S SAFE
  • How to get it
  • Interest calculated on full balance of accounts
  • Term deposits of 32 days to 5 years on all accounts
  • Multiple release capabilities
  • Inter-account transfers and electronic payments
  • Balances, statements, VAT invoices
  • System reports for admin and closing
  • Dedicated account executive and support team
  • Electronic property guarantees for attorneys

Each industry has specific qualifying criteria and facilities.

  • Asset managers
  • Attorneys
  • Accounting firms
  • Debt collectors, liquidators and sheriffs
  • Estate and fund administrators
  • Estate agents and property managers
  • Fresh produce agents
  • Share traders
  • User and operator IDs, tokens and passwords
  • User, operator, beneficiary and transaction limits
  • Segregation of duties for specific roles
  • Usage statistics to view, print or download
  • Automated functions to avoid manual input errors
  • Audit trails for monitoring access and usage
  • 128-bit encryption technology

If you already have a Business, Trust or Executor account

  • Speak to your business banker

 

You’ll need to be a registered attorney taking stewardship of third-party funds, and comply with Section 68(1) of the Legal Practice Act of 2014.
Tips and guidance
Getting started
Getting started
Registering for chat services
Registering for chat services

Speak to your banker anytime through social media.

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