An overview of each state’s escheatment reporting periods, deadlines, and due diligence requirements with customizable alerts.
What is RynohEscheat?
Tired of of old outstanding checks cluttering your reconciliations? What are the deadlines for filing? When is a check considered unclaimed property? With RynohEscheat, you can eliminate much of the hassle associated with manually monitoring stale-dated checks to avoid penalties associated with unclaimed property laws. How? RynohEscheat provides an overview of each state’s escheatment reporting periods, deadlines, and due diligence requirements, and allows users to set up customized alerts.
Old outstanding checks are often times an afterthought given the more pressing issues agents are faced with on a daily basis. With all the steps that must be taken to comply with the various unclaimed property laws and regulations, it can become more of a reason to procrastinate. Well, not anymore. RynohEscheat will not only help clean up the clutter on account reconciliations, it will also prevent the consequences associated with non-compliance.
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- Overview of each state’s escheatment requirements
- Customizable escheatment threshold alerts
- Automatic email notifications
- Reduces hassles associated with stale-dated checks
- Avoid penalties for non-compliance