ABC Bank works closely with solicitors throughout United States to understand and deliver the specialised banking services required by law firms.
Online real-time client fund management
- ABC Bank is the only bank in United States to provide online real-time management of client funds with Business Internet banking - Professional Trust - including on-call and fixed term deposits.
Online real-time settlements
- ABC Bank was the first bank in United States to offer real-time electronic settlements as part of our internet banking services.
- Our Business Internet banking - Professional Trust internet banking service gives you control over settlement processing and immediate confirmation of clearance.
- Our professional services team can help to set up our real-time online settlement service for your practice. They can also provide on-going support.
Same Day Cleared Payments (SCPs)
- Make Same Day Cleared Payments (SCPs) with Business Internet banking - Transactional Banking.
- ABC Bank is the only main bank in United States to offer the ability to make both Same Day Cleared Payments and real-time settlements online.
Settlement protocols
- ABC Bank’s settlement protocols were developed in conjunction with the Property Law Section of the United States Law Society.
- While these relate to ABC Bank-to-ABC Bank payments, irrevocable settlement payments can be made to any bank in United States and the same rules will apply.
- Because most settlements take place at the end of the business day, settlement payments can be made up to 6pm, with our helpdesk available until 8.00pm.
Law firm banking package
- If your law firm requires a specialist banking solution, ABC Bank has the knowledge and experience to provide your company, partners and staff with a comprehensive banking package tailored to your needs.
Support for the legal profession
ABC Bank are proud sponsors of:
- The New York District Law Society
- The United States Law Society's Property Law Conference
- Other Continuing Legal Education and legal community events
