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I am a funds locater . I am branching into an area where the government agencies will issue the checks only on the beneficiaries names or both my name and the beneficiaries names . My bank indicated they will not accept checks issued in other names , even if I will have a Power of Attorney specifically allowing me to deposit these checks for my customers and then disburse their share of funds . I know attorneys use IOTA ? type accounts . I am not one . Not being able to deposit and disburse these checks will greatly diminish my ability to do business . The bank's explanation , which makes sense , was that anyone can steal or find a check on someone's name and negotiate it . My business is legit and my criminal record is spotless . What type of account i . e . trust , escrow , etc . can I ask for ?