Interest or dividends earned on IOLTA accounts must be remitted to the Lawyers Trust Fund on a monthly basis. Remittances should be made via ACH. Please follow the written ACH Interest Remittance Procedures.

Financial institutions should make one lump sum remittance for all of their IOLTA accounts. To facilitate the remittance process, some financial institutions flag and coordinate all their IOLTA accounts to the same closing date or statement cycle. Financial institutions that do not have the capacity to remit on a monthly basis must contact LTF for approval to make remittances and reports on a quarterly basis.