MARYLAND, delaware, D.C., VIRGINIA, west virginia, FLORIDA, Colorado & Pennsylvania:
to submit your emd, choose your state:
You will be taken to Earnnest’s secure online platform. Scroll to learn more!
Earnnest: Safe, Secure, and Private
Earnnest is the only digital earnest money service with SOC 2 Type 2 certification. They verify every account —both sending and receiving— before any transaction begins. They never see or store payer account numbers, routing info, or login credentials. Earnnest utilizes banking-level encryption to keep private information secure. By verifying the homebuyer’s identity, they comply with federal laws (like the US Patriot Act) and meet the requirements of organizations like the Treasury Department and the NCUA.
What Is Earnnest And How Does It Work? Watch Here
What type of payment is Earnnest?
Earnnest is an ACH payment and utilizes the Automated Clearing House (ACH) network — a U.S. financial network used to send money electronically. ACH payments (also called electronic funds transfers) are relied on by the federal government as the standard for secure money movement within the U.S. banking system.
You’re already familiar with ACH payments. Even if the term “ACH” doesn’t ring a bell, your everyday payments use the ACH network. Common examples are the direct deposit paycheck you receive every two weeks, or the phone bill and mortgage payment you’ve set to draft automatically each month. ACH payments are preferred to checks or wires because they are faster than checks, cheaper than most wires, and more secure than either checks or wires.
The ACH network is governed by the National Automated Clearing House Association (NACHA). This association exists to regulate the ACH network and requires all parties to meet standards of security, encryption, and identity verification. So you can rest assured that you are using the most secure payment option available.
Earnnest Partnering with Plaid: How we keep you secure
Earnnest partners with Plaid, a bank network provider, that grants them a one-time, tokenized access to a homebuyer’s bank. Plaid’s network of over 13,000 instatnly verifiable banking institutions allows you to search for your bank, log into your online banking through the bank portal, and then link your account in moments. Earnnest does not see or store banking credentials — ever.
Once you give Plaid permission to share your financial data, they securely transfer it from your financial institution to the Earnnest app through their application programming interface using Advanced Encryption Standard (AES-256) and Transport Layer Security (TLS). The only information that Earnnest receives is an encrypted token that we use to create your payment.
Plaid is used by companies like Merrill Lynch, Zelle, and Venmo. When you connect with Plaid, you have control over who you’re sharing your data with. To manage connections between your financial institution and your apps, or to delete your data from Plaid’s system, visit my.plaid.com
Learn More About Allied Title & Escrow Remote Settlements
Find convenience and value in remote settlements. Learn more about this hassle-free, smooth way of handling real estate transactions by contacting Allied Title & Escrow today at 703-567-7933.
You can find our offices in Virginia, Maryland, Washington D.C., Florida, North Carolina, Colorado and Texas.
