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Premium Fund Trust Account
The Premium Fund Trust Account allows insurance agents to easily manage the unique requirements and circumstances regarding the collection of insurance premiums. This checking account is specifically designed to help insurance agents keep track of funds while avoiding costly complications, knowing that the premium funds are held separately from your operating budget.
- $15 monthly service charged waived when partnered with a Commerce Small Business checking account
- No transaction fees
- Receive email notifications for returned deposit items
- Set up a direct ACH transfer of policy holder premiums to your parent insurance company
Trends & Insights
Construction industry payment trends.
The world depends on the construction industry to design and build the roads, buildings, power systems and other infrastructure that make our modern way of life possible. But it takes more than skilled laborers, towering cranes and advanced project management systems to make these projects successful.
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