Other Financial Services

Cost-Effective Payment Processing for Financial Services Firms

Within the retirement plan space, PenChecks Trust is known as the expert in payment processing and distribution. However, our experience, expertise and proprietary technology also enable us to process payments for financial services firms in many different sectors, including:
  • Legal settlements
  • Class action lawsuits
  • Recurring royalty payments for music, literature and arts
  • Oil & gas mineral rights payments
  • Intellectual property rights payments

Regardless of your industry, whether your payments are large and small, we make timely, accurate payments and process related tax documents (including 1099-Rs) to reduce your staff’s administrative workload while upholding your fiduciary responsibilities.

Payment Processing You Can Trust

PenChecks Trust’s core business – administering and processing retirement plan distributions – is one of the most regulated industries in the world. Each year, we process more than a billion dollars in payments with near-100% accuracy, while being held to the highest possible fiduciary standards. Our team of dedicated payment professionals have the knowledge and experience to create customized solutions that save you time and money while processing your clients’ payments on time, every time.

To learn more about how PenChecks Trust can streamline and simplify your payment processing, call us today at 1-800-541-3938.

PenChecks - Save Time, Reduce Risk, and Lower Operating Costs: Call 800.541.3938 or .