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Attorney’s Trust Account

BB_Attorneys Trust account product detail

Manage client funds in trust with a bank account that ticks all the legal boxes while earning interest.

 

 

Some of the benefits

Sweeping facility

Enable this facility to automatically transfer net interest to any law society account

Compliance

Meet all Attorneys Fidelity Fund and law society guidelines

Convenience

Make cheque or secure electronic payments with ease

Growth

Earn interest on positive balances
Attorney's trust Interest rates

View interest earned per account balance band

What you get
  • Fully compliant trust account for managing third-party funds
  • Interest on positive balances
  • Activate the automatic transfer of net interest into your preferred account
  • Monthly online statements for your records and admin

See transactional T&Cs
​​​​​​​See general T&Cs

What it costs
  • Pay as you transact, not for services you don’t use
  • No opening deposit
  • No minimum balance
  • R 75.66 monthly fee

See 2019 pricing guide
2018 pricing guide

What you’ll need

You’ll need to be a registered attorney taking stewardship of third-party funds, and comply with Section 68(1) of the Legal Practice Act of 2014.

  • What you get
  • What it costs
  • What you’ll need
  • Fully compliant trust account for managing third-party funds
  • Interest on positive balances
  • Activate the automatic transfer of net interest into your preferred account
  • Monthly online statements for your records and admin

See transactional T&Cs
​​​​​​​See general T&Cs

  • Pay as you transact, not for services you don’t use
  • No opening deposit
  • No minimum balance
  • R 75.66 monthly fee

See 2019 pricing guide
2018 pricing guide

You’ll need to be a registered attorney taking stewardship of third-party funds, and comply with Section 68(1) of the Legal Practice Act of 2014.

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