The Trust Account GIB Solicitors is specially designed for lawyers holding money on behalf of their clients. And 'ideal to maintain funding for the settlements of the property and can also be applied to acquisitions and mergers, litigation and settlements of confidence.



Product information


Credit interest

Interest rate is daily calculated and monthly credited



Fees

No fees on this account .



Criteria

The GIB Solicitors Trust Account is available only to registered Philippinessolicitors.


Statements

Detailed reports are produced on a monthly account (other frequencies statement are available on request).

Trust Management is a reporting solution and deposit in financial depth for busy professionals.



How it operates


It is a deposit account specially designed for attorneys, accountants, real estate agents and others who make investments in funds on behalf of their clients.

Not only does administer records much easier, but it also offers your customers competitive interest rates, to call. And because it's fast and easy to use, GIB Trust Management can save you and your customers time and money.



Product information


Credit interest

Customers admire, cascading competitive interest rate. Interest is calculated daily and credited quarterly. Interest is also credited on closing the accounts of the customer.



Fees

There are no transaction fees on this account, unless accessed via GIB Direct Online.

Please get in contact an GIB Business Specialist as below for expenses that apply to GIB Direct Online.



Additional features

Comprehensive reporting available:

Listing of Daily Client Account Master (of balances & interest paid)

Balances of Monthly Certificate and Trust Fund

Quarterly Certificate of Trust Fund Balances & Interest Paid

Annual Statement of Paid Interest.