Are you considering surrogacy or egg donation for your family-building journey? At SeedTrust Escrow, we understand that these processes can be complicated and difficult to navigate. That’s why we provide secure, transparent escrow services that ensure the financial aspects of your surrogacy or egg donation journey are compliant with the law while also providing you peace of mind knowing that your funds are safe and secure.
Read on to learn more about how SeedTrust Escrow can help safeguard your funds throughout your surrogacy or egg donation journey.
What is SeedTrust Escrow?
SeedTrust Escrow is an independent surrogacy escrow company that provides escrow services to protect the interests of all parties in a transaction. SeedTrust Escrow has become an industry leader in providing the most comprehensive escrow service available. We manage funds for both domestic and international surrogacy and egg donation arrangements, including agency-managed and independent journeys.
The SeedTrust Escrow team is composed of experienced legal and financial professionals who have worked on thousands of surrogacy and egg donation cases over the years.
In addition, SeedTrust Escrow’s secure online platform provides full transparency and ensures that all payments are made quickly and safely.
How SeedTrust Escrow focuses on transparency, security, and compliance
Transparency is a key focus of SeedTrust Escrow. Our online platform is designed to ensure that all parties involved are kept informed of various stages throughout the journey. From the start of the journey to its completion, Intended Parents and Surrogates are kept informed of every step of the process. This ensures that there is no confusion or misunderstanding between the parties and that everyone is on the same page.
Security is also a top priority for SeedTrust Escrow. Our online escrow platform utilizes AES-256 encryption and complies with the Health Insurance and Portability and Accountability Act (HIPAA). Additionally, the platform is regularly audited by third-party security experts to ensure that it remains secure and compliant with all relevant regulations.
SeedTrust client funds are safeguarded by multiple measures. One of the standout features of SeedTrust Escrow is our $40 million dollar bond. This bond provides an added layer of protection for all parties involved, ensuring that everyone in the surrogacy or egg donation journey is protected. Additionally, we hold a general liability policy of $2 million, an Errors & Omissions policy of $1 million, and a Cyber Incident Protection policy of $1 million for added security. Furthermore, the funds are kept in an attorney-managed trust account to ensure their safety.
All client funds are held in an attorney-managed trust account and are overseen by SeedTrust’s Chief Operating Officer, Roland Salloum. As a business attorney with expansive knowledge of collaborative reproductive processes, Roland remains subject to the Bar Association’s financial and ethical oversight. Attorney oversight of the account provides an important additional level of accountability, as the Bar Association can monitor the account to ensure that it is in compliance with all relevant laws and regulations. Failure to comply may result in the attorney losing their license as a penalty.
To further ensure the safety and security of our client funds, we consistently monitor the financial stability of the banks we collaborate with. SeedTrust President, Adam Winder, brings his experience as a former bank executive to the table, allowing us to evaluate complex bank management and reporting matters effectively. This expertise gives us a competitive advantage in closely monitoring our banking partners and the overall banking industry.
Our $40 million dollar bond, combined with our commitment to transparency and security, ensures that all funds involved in a surrogacy and/or egg donation journey are fully protected.
Learn more about SeedTrust Escrow
With SeedTrust Escrow, you can trust that your interests are fully protected through our commitment to transparency, security, and compliance. Contact us today to schedule a consultation with our team and learn how we can provide you with the peace of mind you need during this important journey.