Client Deposit Manager
Making the management of client funds easier
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 Bankline Lite
- Interest calculated daily - and paid quarterly
- Cheque books and credit books - give you more choice when it comes to managing the funds
Client Deposit Manager interest rates
| Balance £ | Current gross rate per annum % | Current AER % | Previous gross rate per annum % | Previous AER % |
|---|---|---|---|---|
| 0-499 | 0.10 | 0.10 | 0.20 | 0.20 |
| 500-1,999 | 0.10 | 0.10 | 0.20 | 0.20 |
| 2,000-24,999 | 0.10 | 0.10 | 0.20 | 0.20 |
| 25,000-99,999 | 0.10 | 0.10 | 0.20 | 0.20 |
| 100,000-249,999 | 0.10 | 0.10 | 0.20 | 0.20 |
| 250,000+ | 0.10 | 0.10 | 0.20 | 0.20 |
Rates effective from March 19 2009.
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.
Apply now
Call us on
0800 404 7851
Minicom
0800 404 6161
Lines are open: Mon to Fri
8am-7pm (excl. public holidays).
Calls may be recorded