Trust Accounting

Citi’s Trust Accounting services can take on the worry of moving, controlling and reconciling cash. For unit holder purchases, redemptions or transfers, our systems handle them efficiently and effectively. We also manage payment of distributor commissions and trailers, to maximize your time.

Our range of Trust Accounting services includes:

• Depositing daily cheques
• Controlling, signing and releasing all issued cheques from the trust account
• Issuing stop payments and cheque replacements
• Performing daily cheque and bank reconciliations; providing daily cap stock reports
• Managing the movement of cash between the trust and fund custody accounts
• Performing reconciliations and payments of dealer commissions and trailer fees
• Maintaining accounting records and performing daily/monthly account analysis
• Processing payment of taxes, fees and interest