Lexsure Knowledge Hub
Makes available the latest paragraphs for you to consider including in your Terms & Conditions.
text for Terms & Conditions:
T's & C's: Receiving Money (Situations Referencing SRA/AML/Source of Funds)
Change Date : 15/02/2024 | Word Count: 134 | Deployment Measure : 8/10
Rationale:
This is supplemental wording to be added or included in the section of the Ts and Cs concerning receipt and sending of monies. Although specifically referencing the SRA it also deals with broader issues.
The Solicitors Regulation Authority prohibits: * receiving money into or transferring money out of our client account on your behalf unless the receipt or transfer is in respect of a
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