Payment Of Monies From Trust
E C Legal is required to hold any money is received until we are certain that the funds held by us are cleared and available for payment. In the case of payments received by electronic funds transfer, this usually requires 48 hours. We have payments are received by cheque, we usually wait four days before disbursing the funds.
Our preferred method of payment is by electronic funds transfer and it assists us if our clients provide us with their bank details in advance of the proposed transfer date so that we can get our clients money to them at the earliest possible opportunity.