What is a Fiduciary Account?
In its simplest form, a fiduciary account is a deposit account in which the funds are owned by one individual or group of individuals and managed by another individual or group of individuals. Trusts and escrow accounts are among the most common forms of fiduciary accounts. Talk to a CFI professional to arrange !
With Credit Financier Invest s.a.l. funds that are deposited in fiduciary accounts are protected by law and deposited in segregated accounts, separate from CFI’s operational money. Agreements are prepared by experts and all payments are preceded by detailed assessments making sure that all requirements contained in the fiduciary agreement are met.
CFI’s “Fiduciary Accounts” are a cost effective legal structure performing similar functions like other sophisticated and expensive products offered by banks. The “Fudiciary Accounts” service at CFI is product that improves the financial credibility of a commercial business transaction, especially with parties doing business together for the first time.
Learn more about the CFI “Fiduciary Account” service, fill out the contact form below and an expert will get back to you shortly: