Our Secure Promise

A bronze colored bank vault door, it is closed and latched securely. The handle is shaped like a ship wheel and has 2 lever locking mechanisms around it that are engaged in the locked position.

All exchange proceeds are deposited in a segregated accounts at one of our partnered banks — Vista Bank, Susser Bank, or Horizon Bank— and interest accrues to the benefit of the exchange client. Based on our relationship with these banks, marketing fees may be paid to us by such banks to help us defray our extensive accountancy and overhead costs. This also help us maintain our exchange fees at prices that are generally below market rate of our competitors.

We will explain all investment options in written detail and are happy to provide the same detail by phone. Clients have access at all times to our banking officers and may inquire as to the status of the exchange account at any time using their assigned personal identification number (or PINs). Additional important account security features are also included without added cost.

Monthly bank statements as well as a complete activity list is furnished for the exchange accounts we establish. TCEC and its exchange banks are pleased to offer a security "lock box" device for our exchange clients. In addition to establishing a segregated and FDIC insured account for the exchange funds, our exchange depositories establish a Personal Identification Number ("PIN") for each exchange client and this number is mailed and securely emailed directly to the exchange client by the designated depository bank. The PIN is part of a process that ensures that the exchange account is double locked for your protection.

Our banks require a written and verbal recorded wire release approval from us and require confirmation of any disbursement requests from you, verification of your identity and the PIN number for the exchange client before any release of funds may occur from the segregated exchange account. TCEC does NOT have this PIN number and therefore only the exchange client can open the secondary "lock" on the exchange account to authorize the release of funds for the replacement property purchase(s).

Note that the PIN does not enable the exchange client to withdraw funds, as this is not allowed under the Internal Revenue Code ("IRC") exchange regulations.

This PIN procedure is an added security feature to ensure that our exchange clients both pre-approve and are aware of disbursements from their exchange account. Bank statements and complete activity lists are furnished monthly to TCEC clients. Upon exchange completion, TCEC sends its clients a bound closing binder of the entire exchange transaction for record keeping and tax reporting purposes. This binder will be appreciated by your CPA and will aid in competing your exchange year tax return. These are just a few of the many personalized features that set TCEC apart from other exchange accommodators.