Thursday, September 17, 2009

Security of Funds using Surrogacy Escrow Services




Security of Funds



The Federal Deposit Insurance Corporation (FDIC) ruled on November 21, 2008 that effective immediately client funds deposited in IOTA accounts (Attorney Trust Accounts) are eligible for unlimited deposit insurance coverage.

All funds in an IOTA account, regardless of size, will now be insured in full by the FDIC as part of the Temporary Liquidity Guarantee Program (TLGP).
The FDIC rule may be accessed at http://www.fdic.gov/

No comments: