Setting up a client

  • Client interest payments can be paid gross or net* of basic rate tax automatically, depending on each individual client's tax status

* Gross is the rate of interest payable before the deduction of basic rate tax. Net is the rate of interest after allowing for the deduction of basic rate tax.

Screen shot of Clients' Monies Service system, depicting the Client Setup Wizard gathering how interest payments is to be made
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Contact your relationship manager to apply for Clients' Monies Service