ACH Schedule for Indigenous Peoples' Day/Columbus Day (Monday, October 10)
Business Online Banking ACH files must be received by Thursday, October 6 in order to settle before the upcoming federal holiday (Monday, October 10). ACH files received on Friday, October 7 will not settle until Tuesday, October 11.
An escrow is beneficial to both parties as an independent third party will be holding the documents, processing all regular payments, maintaining an accounting of all transactions, and providing the required reporting.
First Interstate Bank offers a wide variety of escrow services to meet our customers' needs.
Escrow can be effective in:
Advantages of Opening an Escrow Account at First Interstate Bank