The IOLTA¹ deposit account is for lawyers who manage client funds whose interest earned can be used to provide free legal representation to low-income individuals.

Crossed out bill icon.

A $0 monthly maintenance service charge²


Icon of a computer with money symbols on the screen.

Unlimited transactions (debit/credit) free of charge³


Icon of a scale.

Automatic transfer of interest generated directly to the Access to Justice Fund in compliance with Act 165 of 2013


Computer and mobile phone icon.

Access to view your account through Business Digital Banking App⁴


Enjoy a complete commercial banking experience with Business Digital Banking.³


Ready to apply?

Make sure you have the following documents readily available before applying.


Valid ID with photo, such as: 



  • Driver's license​

  • Passport

  • Military ID

  • Government ID

In addition, the following documents: 

  • Commercial Register 

  • Municipal License 

  • Utility bill

With these documents in hand, start here.



An IOLTA account is an exclusive business account for attorneys authorized under Puerto Rico law to provide free legal services to non-profit entities and to low-income individuals. 


You can open an IOLTA account if you are a lawyer authorized to practice under the laws of Puerto Rico with only $0 and have a minimum of $0 balance. Certain restrictions apply. 


With an IOLTA, you can access your account information through Business Digital Banking App.⁴

Manos cubriendo una casa pequeña

Financial Education

Benefits of acquiring property insurance

Are you looking for a way to protect your assets? If so, Property Insurance is an excellent option for you.

Ilustración hombre imaginando dinero

Financial Education

What to do if I have an unexpected expense and I don't have money? Know your options

We tell you about some options in the case of having an unexpected expense. Consider them and choose the best for you.

Celular con aprobado y un laptop

Financial Education

Know the benefits of managing your transactions electronically

We’ll show you how you can save time and money by using electronic payments.

Member FDIC. 1Products exclusive for lawyers authorized for practiced under the laws of Puerto Rico. Available for DBA, corporations and other legal entities. 2Other service charges may apply when applying for specific services under the account. For example: making stop payments and applying for manager’s checks. 3Free unlimited transactions don’t apply for cable transfers. Deposits in this account cannot be used as collateral for loans or other obligations. The bank reserves the right to impose service charges. Interests earned through the account are property of FFAJ and does not belong to the client. The client is responsible for the management of funds under the FFAJ guidelines and the applicable laws and regulations for these types of accounts. 4Certain terms and costs may apply.


You’re about to leave and visit a third party website. This web page contains its own terms of use and privacy policies. FirstBank isn’t responsible for the products, content, security or information that may appear at this third party website you’re about to visit.

To continue, press the “Ok” button. If you do not wish to visit the website, close this window or press the “Cancel” button. Thank you!