Manage Client Funds With Added Benefits
The Interest on Lawyer Trust Account (IOLTA) is designed for lawyers in private practice who receive client funds to be held in trust for a short period of time. With an IOLTA, you can:
- Conveniently manage client funds.
- Meet compliance requirements.
- Maintain record-keeping.
- Save money on taxes.
- Earn interest on the funds.
- Avoid minimum balance requirements and monthly fees.1
- Convenient access to your funds with hundreds of branches and over 1,000 ATMs.
- Customizable account statements with StatementSelect - choose from four statement styles to meet your unique money management preferences.
- Access to all your business accounts when you link them to your Business Check Card.
- Free Online Banking for Small Business with free online bill payment for access to your accounts anytime, anywhere you have Internet access.
- e-Statements - access up to 16 months of statements and associated checks in Online Banking for Small Business. This convenient organizational tool also is environmentally friendly.
- A variety of Capital One Business® credit cards2 featuring No Hassle Miles and rewards.
- Access to Small Business Specialists seven days a week, and access to your accounts 24 hours a day with Automated Telephone Banking. Simply call 1-877-987-4BIZ (4249).
To get started, call us at 1-877-987-4BIZ (4249), visit a branch near you, or contact one of our Business Bankers.