Text for Terms & Conditions
T's & C's: Client Account Monies and Banking Failures
- Change date
- 20/02/2025
- Word count
- 180
- Deployment measure
- 9/10
Rationale
A set of paragraphs explaining that client account funds are held with various banks, and FSCS compensation limits may apply, depending on individual or company eligibility. In case of a banking failure, consent would be needed to share details with the FSCS.
Client account monies are deposited with various financial institutions, including {specify}. In line with guidance from the Law Society, it is unlikely that we would be held liable for losses
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