This article may be out of date!
Visit the New Knowledge Center

How Will Trust Payment Related Charges from Clio Payments Be Displayed on My Bank Statement?

Question:

  • When Clio Payments charges/debits my operating bank account for any trust payment related fees, what will the corresponding transaction show up as?

Environment:

  • Clio Manage

Additional Information:

  • Given that Clio is Trust/IOLTA compliant, your Trust account will never be charged for processing fees related to trust payments. Rather, your default operating account is charged for this fee. 

Answer:

The trust payment related fee will show up as 'Clio Payments' on your bank statement 

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