For certain transactions such as real estate, the fiduciary intermediary may open a trust account on which funds are deposited. Cash is traditionally the capital that people entrust to a trustee. But today, any asset that has value can be put into trust, including shares, bonds, deeds, mortgages, patents or an examination. In the European Union, the Payment Services Directive, which began on 1 November 2009, has for the first time enabled the establishment of very low-cost fiduciary services on the internet, duly authorised and regulated by the State. The EU regulatory framework allows these web-based trust services, which operate on the model of expensive bank letters of credit for international buyers and sellers, but at a price in cents rather than thousands of euros, the ability to enhance security in commercial transactions.  An unrelated type of treuhand is when a buyer of a complex system, such as custom process control software or industrial process control software, can ask the vendor to keep the design in the source code trust, so that the buyer remains able to maintain and modify the system in the event of a supplier`s fall. The methods of treuhand bogus have been used online. In order to convince a prudent participant in the Internet auction, the offender will propose the use of a fiduciary service from a third-party supplier. The victim is not aware that the offender has in fact created a fiduciary website very close to a legitimate fiduciary service.
The victim sends the payment to the fraudulent trust company and, in the end, does not receive any payment. Alternatively, a victim can send goods to the person concerned and awaits payment via the De Treuhand website, which is never received because it is illegitimate.  Genuine online trust companies are listed in a national registry and users are generally advised not to use an online fiduciary service without first verifying whether it is genuine by independently considering an online government registry. Currently, the U.S. federal government does not offer a license for online fiduciary services. However, some states offer their own online fiduciary licenses; such as the California Department of Business and the Arizona Department of Financial Institutions.  Fiduciary contracts are often used in real estate transactions. Securities agents in the United States, notaries in civil countries and lawyers in other parts of the world routinely act as agents by holding the seller`s deed on real estate. A trust agreement generally contains information such as: not all trust contracts impose on the agent the obligations of an agent and, in many of these agreements, agents are maintained on a mere standard of rudeness and benefit from compensation and regulation without damage. Trust agreements must fully encircle the terms and conditions between all parties involved.