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What are the benefits of the PNC Escrow Service?

April 26, 2017Benefits escrow PNC service

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What are the benefits of the PNC Escrow Service?

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• Reduces your management administrative burden by completely automating relationship and sub-account summaries and detailed reports at multiple grouping levels that you establish based on your business needs • Offers online viewing and maintenance capabilities for all sub-accounts • Provides simplified, monthly reports to help meet accounting and tax reporting requirements • Provides 1099 reporting for your escrow sub-accounts • Offers competitive interest, accrued monthly on deposits at the sub-account level • Provides a dedicated service center for your Escrow Services needs