Escrow Account

Escrow Account

The business checking account for Realtors and Real Estate firms, which allows the deposit of option-to-buy funds for acquiring homes or properties.


Benefits:

  • $0 minimum balance.
  • $0 initial deposit.
  • $FREE electronic transactions.
  • FREE printed or electronic monthly account statement.


For additional information about any of these products or services, contact us at TeleBanco Comercial at 787-756-9130 or 1-888-756-9130.

To open the account, you must present your valid Realtor license. If the license has expired you must present evidence of renovation, in the case of new Realtors, the notification of the approved examination from the State Department. If the account remains inactive for six months, a $10 monthly charge will apply.