Notice: We are aware of intermittent issues with our online banking platform affecting your ability to log in. We appreciate your patience as our teams work diligently to resolve the issue. Please call 1-800-663-0324 from 5:00am to 4:30am PT if you require assistance during this time.
Attention: Notre plateforme de services bancaires en ligne connaît actuellement des problèmes intermittents qui peuvent nuire à votre capacité de vous connecter. Nous vous remercions de votre patience pendant que nos équipes travaillent avec diligence pour résoudre la situation. Si vous avez besoin d'aide durant cette période, veuillez appeler le 1-800-663-0324 entre 5 h 00 et 16 h 30 heure du Pacifique.

Professional Trustee Account

Secure your clients’ funds with confidence.

Under the Retail Payment Activities Act (RPAA), Payment Service Providers (PSPs) may now be required to safeguard end-user funds. This may be accomplished by establishing an express trust and opening an account with a recognized financial institution to hold end-user funds in trust.

At Peoples Trust, we offer our Professional Trustee Account to help PSPs manage and safeguard client funds with confidence and ease. Our purpose-built accounts are designed to help you meet your compliance needs while providing a secure and efficient way to hold client funds.



Key Product Features:

  • Dedicated Safeguarding: Our accounts are structured to segregate client funds from your operating funds, providing you with the tools and functionality you need to comply to industry regulations.
  • Purpose-Built Structure: We provide a ready-made structure to help you meet the compliance and safeguarding requirements of the Retail Payment Activities Act (RPAA).
  • Integrated Technology: Our platform includes tools and APIs that allow for the seamless organization and transfer of funds.

Partner with Peoples Trust for a trusted solution that facilitates compliance and operational efficiency, so you can focus on growing your business.

Ready to get started?

Contact us today at [email protected] to learn more about our Professional Trustee Account.