Many professional firms need the option to hold and manage clients' funds. To help businesses handle this money separately from their own affairs, Clydesdale Bank's Professional Firms Client Account allows instant access to funds and pays credit interest linked to the Bank of England base rate. For solicitors, accountants, insolvency practitioners and other businesses that hold funds belonging to their clients, this is the kind of account which can help manage the monies effectively. This account is also available for funds subject to an escrow agreement. Please note that escrow monies are subject to the account terms and conditions and also to the terms of the escrow agreement between the escrow parties.
Participating providers of UK business bank accounts have agreed to a basic set of information that they will need from you to set up your UK business current account. Find out what you’ll need to provide using the simple Business Account Checklist from UK Finance, the UK’s leading trade association for financial services.