A better way to manage your clients’ funds
Client Fund Service is a secure online deposit management tool that makes it easier for you to manage or invests funds on behalf of other people.
Simplify your service. Take it online.
Earn more interest
Earn a higher rate of interest or commission on trust funds (or ‘pooled’ individual funds) by moving them into a term investment, or keep them on call. It's up to you.
You can earn and pay commissions with Client Fund Service, and automatically receive calculated tax and interest.
Free to use
Signing up and using Client Fund Service is free for all users, and there are no fees charged for the Client Fund Service^.
Work when it suits you. Client Fund Service is available online 24 hours a day, seven days a week - so you can manage your funds when it suits you^.
Extra security for you and your clients
Protection from fraud
Your clients’ money is protected from risks of fraud because you can’t transfer funds to other accounts.
Three levels of access enable you to provide individuals with access appropriate to their role.
An extra layer of online security protection is provided by NetGuard.
Is Client Fund Service right for you?
Client Fund Service is designed for you if you manage funds on behalf of other people.
Anyone who manages funds on behalf of clients, but who currently doesn’t offer call or term investment facilities, such as solicitors, accountants, stockbrokers, financial consultants, real estate agents.
Those who manage a number of investments belonging to their own organisation, such as health boards, local authorities, schools, businesses, trustees.
Groups with several members who wish to ‘pool’ their savings together to earn better interest rates for themselves. For example: community groups, service groups, not-for-profit organisations.
Registering for Client Fund Service
Then, complete the online registration form, print it out and have it signed by all account owners. Then post or fax the form to the Bank.
For more information on registering for Client Fund Service, see our help and support page or call 0800 269 4242, Monday to Friday, 8.30am to 5pm.
Normal account fees apply for the accounts nominated for Client Fund Service.
Although Client Fund Service will normally be available 24 hours a day, maintenance of the system is required from time to time.