Designated Client's account
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Understanding your profit and loss account and balance sheet
You are in business to make money. To do so, you need to understand where the money is coming from and where it is going.
You are in business to make money. To do so, you need to understand where the money is coming from and where it is going.
This account enables you to hold your clients' individual funds in separate accounts. It's suitable for any professional practice or other businesses that hold clients' money, for example: solicitors, accountants, insurance brokers, estate and managing agents.
Instant access
Credit interest calculated daily
Separate account for each client
Drop in to your local branch to complete an application form or call 0845 072 5555 to make an appointment.
Features & Benefits
- Instant access.
- Regular statements.
- £1 minimum, £5 million maximum. No minimum or maximum withdrawal limit as long as you have cleared funds available.
- Interest is calculated daily, paid monthly and can be paid gross or net according to each client's tax status.
- There are normally no transaction charges.
How do I apply?
At your local branch
Drop in to your local branch to complete an application form.
By phone
Call 0845 072 5555 to make an appointment.
