A business trust account is a savings or checking account where the client's money is deposited. My plan is to accept money from clients by using PayPal and deposit it into my business trust account. Once the service is provided, the business owner may withdraw money from that trust account and transfer to the business general account or personal account. The trust account is usually auditable by a third party, like a Council or Bar Association where the professional is registered. They're widely used by lawyers and immigration consultants in Canada. Regards.
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