Trust account
A dedicated bank account that holds client money separately from a business's own operating funds.
A trust account (or client funds account) is a bank account used to hold money that belongs to clients, kept legally and operationally separate from the provider's own business funds. The provider cannot treat that money as its own revenue — it is held on trust for the people it belongs to.
For an escrow service, the trust account is what makes 'held safely' meaningful. Funded payments sit in the trust account and are reconciled regularly, so the balance always matches what is owed to buyers and sellers.
CASHBOX holds all escrow funds in a dedicated New Zealand NZD client trust account until they are released.