
100% SECURITY OF FUNDS.
100% LIQUIDITY OF FUNDS.
Having successfully conducted tens of thousands of exchange transactions since 1990, Nationwide Exchange Services has a wealth of expertise in facilitating your 1031 exchange.
The exchange funds entrusted to NES are placed in secure accounts with leading regional and national banks, which are required to be members of the FDIC. To further safeguard these funds, we provide a protection program featuring a comprehensive Fidelity Bond and Errors and Omissions insurance policy for each account.
Exchange funds are never mingled with our operating funds. What’s more, they are invested in sound and proven financial instruments that ensure 100% liquidity. The interest earned is always competitive.
In today’s world the level of security a Qualified Intermediary needs to provide in a 1031 exchange has to go beyond the customary Fidelity Bond, insurance and corporate guarantees. That’s because with a number of the existing federal statutes and regulations, Exchangors can be exposed to unforeseen liability. We not only understand these issues, we’ve put in place the measures required to protect you from them.
And unlike other leading Qualified Intermediaries, we regularly submit all our business practices to the scrutiny of independent CPA auditing firms to ensure these practices meet the widest range of regulatory and business compliance in the industry including:
- The latest IRS regulations
- The Bank Secrecy Act
- The Gramm-Leach-Bliley Privacy Act
- The USA Patriot Act
- Sarbanes-Oxley Section 404
Adding to all this assurance is the fact that Nationwide Exchange Services is a respected member of the Federation of Exchange Accommodators (FEA), the only national trade association organized to represent professionals who conduct like-kind exchanges.
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