TRUST ACCOUNT
Your business may involve from time to time a large number of bank transfers/payments for a variety of purposes ranging from salary payments, vendors payments, tax payments, etc. Our trust account service can get you free from this tedious work.
While there are variation, these are what we usually do with our trust account service:
- We set up a bank account (on PreciousNine’s name) dedicated specifically to you;
- You instruct a payment and we execute the payment out of the trust account;
- Bank account replenishment in anticipation of upcoming payment requirements; and
- Monthly reports are provided along with the relevant bank statements from which you can re-examine your payment instructions, the payments execution, and tracing them to the bank statements.