The 2020 Legal Trends Report is now available. Get the latest insights here.

Will Recording a Payment From Trust Move The Money in my Real-Life Bank Account?

Objective:

  • Will funds initially recorded with Clio Payments to the Trust account automatically move to my Operating account when I record payment with those Trust Funds to a Bill?
  • Does transferring funds in Clio affect my real bank account?

Environment:

  • Clio Manage

Additional Information:

Bank account info entered in Clio when creating an account is for reference only, Clio does not connect to your bank or move funds between your actual bank accounts.

Answer:

No, recording a payment from Trust in Clio will not move funds in your bank account.

Was this article helpful?
This information is confusing or wrong
This isn't the information that I was looking for
I don't like this functionality