Client deposit manager
Designed for professional firms and any organisation that holds client funds.
Why choose our Client Deposit Manager account?
Client Deposit Manager makes the everyday management of third party funds easier. It can help you ensure that you comply with any regulations imposed by a professional body and allows you to maximise your returns on short term cash.
Features and benefits
- Account flexibility - set up a single office account or separate accounts for each client
- Interest flexibility - interest can be paid into client accounts or your business current account
- Instant access to funds - with no monthly fees or penalties on withdrawal
- Manage your account online - using Internet banking
- Interest calculated daily - and paid quarterly
- Payment flexibility - cheque books, paying-in books, standing orders and Direct Debits available on clients' accounts
Client Deposit Manager interest rates
| Balance £ | Current gross rate per annum % | Current AER % |
|---|---|---|
| 0 - 499 | 0.10 | 0.10 |
| 500 - 1,999 | 0.10 | 0.10 |
| 2,000 - 24,999 | 0.10 | 0.10 |
| 25,000 - 99,999 | 0.10 | 0.10 |
| 100,000 - 249,999 | 0.10 | 0.10 |
| 250,000 + | 0.10 | 0.10 |
Rates effective from July 01 2011.
Interest rates. Gross is the interest rate paid before the deduction of tax. AER (Annual Equivalent Rate) illustrates what the interest rate would be if paid and compounded each year.
Rates are correct as at date of publication but subject to variation.
Interest is calculated daily and paid quarterly.
Interest is subject to variation.
Get in touch
Call us on
01624 637000
Lines are open: Mon to Fri 9.00am-5.00pm
(excluding public holidays).
Calls may be recorded