Funds safety. Transaction security. Custodial banking partner safeguards.

NES facilitates the entire exchange process with the highest level of financial security. Our goal is to ensure that our clients' exchange funds are always protected and readily available — when needed. We employ solid financial practices, starting with the sound financial institutions that hold our clients' funds — our Preferred Custodial Banking Partners.

NES' Preferred Custodial Banking Partners represent many of the nation's top financial institutions. All adhere to exemplary banking practices. And all have been thoroughly assessed for their financial strength utilizing the LACE* rating system, along with other vital qualitative and quantitative measurements. As such, our Preferred Custodial Banking Partners continually maintain a sound financial standing in the critical areas of liquidity, asset quality, capital and earnings.

How the exchange funds are held is as important as where they are held. As a third-party administrator our role is to make your transaction safe and easy, not to be on title to client assets or to commingle client funds in our operating accounts. To support this financial best practice we hold clients' exchange funds in individual Qualified Escrow and Qualified Trust accounts. These types of financial instruments prevent the commingling of deposits, assure liquidity of the funds and provide "bankruptcy remote" protection. Finally, along with the umbrella protection that comes from our Errors and Omissions insurance, we also provide a mandatory Fidelity Bond of the requisite amount for each individual qualified escrow account as an added measure of security.

All of this ensures that our clients' exchange funds are safe, with 100% liquidity and always accessible.

*NES uses the LACE Monitor System®, from LACE Financial Corporation, which reports on the financial health and performance of more than 19,000 domestic and international financial institutions.