Business Custodial Account

For businesses looking to receive funds from clients and to pay suppliers both domestically and abroad.

Custodial accounts are offered by the Trust department of Medici Bank. Funds held in fiduciary trust by the Medici Custody Trust are never used for loans or investments for the benefit of the bank. All assets are 100% reserved for the benefit of the client beneficiary and can even be invested for the client’s benefit. Medici Custody Trust offers both FBO and Escrow accounts.
Coming Soon

Save time by gathering your information in advance:

  • Business tax ID number (EIN)
  • Proof of business address (recent utility bill)
  • Proof of formation (Articles of Incorporation)
  • Your valid government ID (passport, license)
  • Your personal tax ID number (SSN)

Prohibited Business Industries & Countries

Medici Bank can provide accounts to people and businesses from over 150 countries around the world--but not some countries. Apply only if you are not a citizen of nor resident of a listed country.


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