But if you make withdrawals, the interest rate you earn goes down
How do I open and manage my account?
Account eligibility is limited to the following businesses:
- Credit and Financial Institutions which have permission to hold client money from the FCA (Financial Conduct Authority)
- Auditors, insolvency practitioners, external accountants, tax advisers, notaries, conveyancers or independent legal professionals that are regulated by a designated professional body
- Real Estate businesses, estate agents, property managers, or loss adjusters that are regulated by specific bodies and attest to a number of requirements
How to open the account:
Open in branch, online (online for solicitors, accountants and insolvency practitioners only)
- No minimum balance
- No maximum balance
How to manage the account:
Once opened you can manage your account online, in branch or by phone.
Can I withdraw money?
Yes, you can make as many withdrawals as you like in line with the Client Accounts Additional Conditions. No notice is required.