FDIC Insured and Bank Secrecy Act Compliant Funds Management

Our banking relationships keep your clients’ money safe

The non-interest bearing, secure NoteWorld bank account into which your clients’ funds are deposited is a Trust Account at one of the largest and most secure national banks in the country. The funds on deposit in NoteWorld’s trust account belong to your clients, are clearly ascertainable, and each clients’ cash balance is separately insured by the FDIC up to the maximum amount. NoteWorld takes its monetary obligations over the funds held in trust very seriously and is committed to rigid and frequent audits. NoteWorld is registered as a Money Services Business with the U.S. Department of Treasury’s Financial Crimes Enforcement Network. In so doing, NoteWorld voluntarily subjects itself to the stringent record-keeping and reporting requirements of The Bank Secrecy Act and corresponding anti-money laundering directives. We guarantee the safe, secure and professional handling of your clients’ money, so you won’t have to worry about whether your clients’ funds are being managed properly or whether money is available for settlement.

Smart money management:

Trust account funds are maintained in one of the oldest and largest national banks
FDIC insurance for each of your clients’ monies being held in trust
Commitment to monetary responsibility and rigid and frequent audits
Trust accounting services so that every penny of your clients’ money is accurately reported
Daily account reconciliation