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Trust receipt agreement sample

Sample trust receipt 2026

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The document is a template for a Trust Account Receipt used by a law practice, detailing the receipt of trust money. It includes fields for receipt number, dates, amount received, payment method, and matter reference. The document outlines important notes regarding the issuance and record-keeping of the receipts.

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Click ‘Get Form’ to open the sample trust receipt in the editor.
Begin by entering the 'Receipt Number' and 'Date' fields at the top of the form. Ensure these are accurate as they are essential for record-keeping.
If the date received differs from the issuance date, fill in the 'Date Received' field accordingly.
In the 'Received from' section, input the name of the individual or entity providing funds. Next, specify 'The sum of' followed by the amount in dollars and cents.
Indicate whether payment was made via Cheque, Cash, or Direct Deposit by selecting the appropriate option.
Complete the 'For and on behalf of' section with your law practice's name, followed by filling in 'Matter Reference', 'Account Name', and 'Matter Description'.
Lastly, ensure that you sign off on behalf of your law practice in the designated area and review any notes provided at the bottom for compliance.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the difference between LC and trust receipt?

A Letter of Credit assures the sellers of payment when issued an LC according to stipulated terms while a Trust Receipt Loan is a form of financing for the buyers whereby the bank makes an advance to the buyers to settle an import bill.

What is a trust receipt?

A trust receipt is a financial document attended to by a bank and a business that has received delivery of goods but cannot pay for the purchase until after the inventory is sold.

What is an accountable trust receipt?

Accountable Trust Receipt means an Undertaking to hold title deeds to any. land or buildings on behalf of a Financial Institution and either to return such. title deeds to the Financial Institution on demand in the same condition as they.

What is the purpose of a trust receipt?

A trust receipt is a type of short-term financing that allows companies to take possession of goods before they are paid for, with the bank retaining ownership until the goods are sold and the loan is repaid.

What is an Islamic trust receipt?

TR-i is based on the Shariah principle of Tawarruq (buying and selling of a commodity), where we buy and sell you an asset, which you agree to pay for on a deferred basis, and you sell the asset to get cash which you can use to pay us.

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