Client Deposit Manager
Get instant access to funds you are holding for clients
Our Client Deposit Manager solution provides you with a quick and secure way to manage your client funds. The service gives you greater control of the administration of your client account needs and helps you to comply with regulatory obligations.
- Get instant access to funds
- Earn interest daily
- No monthly fees or withdrawal penalties
- Get separate accounts for each client or have just the one, it's up to you
- Get cheque books and credit books
What is the interest rate?
| Balance | Gross rate | AER |
| £0-£999,999.99 | 0.20% | 0.20% |
| £1m+ | 0.30% | 0.30% |
Interest calculated daily and applied quarterly.
Interest rates correct at 1 October 2018 and are subject to variation.
Definitions
Annual Equivalent Rate (AER)
illustrates the interest rate if paid and compounded each year. It helps you to compare the effective rates of credit interest on different accounts.
Gross Rate
the interest rate you are paid.