Money on Account

Money on Account: Client Deposit Protection and Payment of Interest on Client Money

Money paid on account is held in a designated client account in accordance with the Solicitors Regulation Authority (SRA) Accounts Rules.

  1. Client money is kept in a Lloyds Bank client account, separate from the firm’s own funds at all times.
  2. Funds are protected under the SRA Accounts Rules and handled strictly in accordance with regulatory requirements.
  3. Interest is paid on client money where required by the SRA rules and the firm’s interest policy. Our General Terms of Engagement set out more details at paragraph 7.3