For the agent that needs to collect payments from their insureds. This “sweep” account can also be referred to as a Premium Trust or Outside Trust.
Agency Trust Accounts @ A Glance
|Monthly Service Fee||NO|
|Minimum Balance Required||$0|
|FREE Debit Card||YES|
|FREE Monthly eStatements||YES|
|FREE Online Banking||YES|
|FREE Mobile App||YES|
|FREE Quicken™ & Quickbooks™ support||YES|
|FREE Account Alerts*||AVAILABLE|
*Standard data fees and rates may apply based on your plan with your mobile carrier.