Trust accounts set up in days, not months.
Adesco is licensed by the Israel Capital Market, Insurance, and Savings Authority (License 57103) to hold client funds in trust. Adesco prepares customized trust agreements identifying all parties and conditions, manages all AML and KYC compliance documentation. Trust account setup typically takes 48 hours for straightforward transactions.
Why Israeli lawyers are looking for trust account alternatives
Your clients may reside in the United States, Canada, Australia, UK, France, or other European countries. They can buy properties in Israel via their Adesco account and make all their disbursements directly. However, when they sell properties in Israel, the attorney needs to open a dedicated Trust Account on their behalf.
Yet banks are no longer interested in servicing Trust Accounts, and they make lawyers go through many hoops - sometimes unsuccessfully.
That's why you need Adesco.
Adesco Trust Accounts are specific for each transaction, with the attorney as Trustee and the sellers as beneficiaries. It works the same as a Trust Account in a bank, but easier to open, easier to manage, and with full transparency for the lawyer and the client.
How it works
From first call to funds held in trust
Initial call
A member of the Adesco team walks through your specific transaction requirements. This conversation produces a clear picture of what the trust agreement will include.
Trust agreement prepared
Adesco prepares a customized trust agreement that identifies all parties, the purpose of the funds, the disbursement conditions, and the timeline. You review and approve before anything moves.
Client documentation
Adesco handles AML and KYC documentation for your client. This includes identity verification and any other documentation that may be relevant to the transaction. Your office makes the introduction. Adesco manages the rest.
Funds arrive and are held
Adesco provides bank details for transferring funds to the specific Trust Account. Funds may be sent directly from the buyer’s bank account or from a mortgage bank providing financing for the buyer. They arrive at Adesco’s designated trust account at an Israeli bank and are held in full segregation until disbursement conditions are met.
Disbursements on your instruction
Disbursements are made only per instructions of the Trustee attorney. You may pay expenses such as legal fees, broker fees, tax (Mas Shevach), etc. You may also instruct to convert funds to US dollars, GBP, Euro, or whatever currency the seller prefers. Funds may be held in the Trust Account in shekels or foreign currency.
Release of funds to the Seller
Per Israeli regulations, funds may be transferred abroad only after satisfaction of Mas Shevach tax requirements. If an estimated tax is paid (שומה עצמית) or a tax exemption is applied for, the attorney may enable release of partial funds to the seller while maintaining sufficient funds in the Adesco trust account until completion of the final tax decision (שומה סופית).
For straightforward transactions, the trust account is typically open and operational within two business days of initial contact.
Have a deal in progress?
Reach out now and your trust account can be operational this week.
info@adesco.co.ilWhy lawyers partner with Adesco
Licensed
Adesco holds License 57103 from the Israel Capital Market, Insurance, and Savings Authority. Holding client funds in trust is an authorized activity within Adesco’s license scope. Every transaction is AML and KYC compliant and reported to regulators.
Compliant
Adesco does not circumvent banking rails. Rather, we operate within the banking system with strict regulatory compliance that banks rely on. This is what allows Adesco’s transfers to process without the delays that other providers encounter.
Fast
Trust account setup typically within two business days for straightforward transactions. Same-day fund transfers via Zahav in Israel, and same-day Swift for international transfers.
Reliable
Funds are held in segregated accounts at major Israeli banks. They are never mixed with operating funds or at risk from Adesco’s business operations. Fund segregation is absolute and unconditional.
Transparent
As Trustee, you have online access to upload documents, input disbursement instructions, and view all activity and balances in real time. Your client also has a fully transparent view of the process. Nothing happens without your instruction - and everything is confirmed in writing.
Your clients benefit too
When you refer a client to Adesco, you are also giving them access to preferential exchange rates with no hidden fees. Adesco clients save up to 4,000 NIS per $100,000 transferred compared to bank rates. Your clients will thank you for the referral.
“Adesco is incredibly reliable, knowledgeable, and efficient. From complex currency conversions to seamless international transfers, they handle everything with precision and professionalism. Always responsive, transparent, and strategic — a true asset in global finance. Highly recommended.”
Related: Lawyers: Struggling to Open Trust Accounts? Adesco Has the Solution
Common questions
Lawyer Trust Accounts in Israel - FAQ
Ready to set up a trust account for your next transaction?
Contact Us by EmailLet's have a conversation. An Adesco banking professional will walk you through the process, review requirements for the specific transaction, and get your Trust Account open and operating without delays.