Clients' Deposit Service

For solicitors, accountants
or other FSA regulated
organisations holding third
party funds

Do you manage client funds separately from your business funds? Our branch-based Clients' Deposit Service could be the perfect answer. You don't even need to be an existing customer to open an account.

Clients' Deposit Service benefits

  • Earn interest - you can choose to receive interest monthly, quarterly or half yearly on your client's account
  • Instant access - with no charge for withdrawals
  • Managed by you - designated accounts belong to just one client, while general accounts can be used to hold funds from several clients
  • Managed by your client - the Client Deposit Service account can be set up to allow your client to operate on the account, subject to a third party mandate being completed
  • No minimum or maximum balance
  • Flexible statements - you can choose to receive bank statements on a particular date and frequency