Overview
What is ZEscrow?
ZEscrow makes it easy to manage escrow accounts with your bank partner. Our API is a seamless way to manage account origination, funding, and complex workflows.
Why do I need it?
Escrow accounts are notoriously difficult to setup and mange at a bank, often requiring months of back and forth with your partner configuring complex integrations before launching your product, costing you precious money and time before ever going live.
Even if you manage to cut that time down, financial institutions require intensive manuel workflows around compliance, tax reporting, and account statements creating an expensive operational burden once your product is live.
ZEscrow solves this with working directly with a network of bank partners to establish direct connections to their core systems and providing a modern API interface separate from the banks underlying infrastructure. This architecture allows funds to reside in the bank, but allows ZEscrow to handle all of the complexities of managing these accounts unbundled from legacy systems.
If you are struggling to manage escrow accounts, this product is for you.
How do I get started?
1) Establish a partnership with a financial instituton in the ZEscrow partner network.
ZEscrow has a partner network of 25+ financial institutions that you can partner with. This process is significantly faster than a traditional bank partnership, and based on your use case we can pair you with an institution who specializes in whatever your company does. Reach out to us at [email protected] to learn more about this process and get started.
2) Develop, test and launch your integration
This can happen in parallel with the bank partnership process, and you can receive API credentials for a sandbox account by reaching out to us at [email protected]
This documentation covers the vast majority of use cases for our platform, but we are always building new features. If you see something missing for your use case, reach out to us and see if what you need is coming soon!