Attorney Trust account
Manage client funds in trust with a bank account that ticks all the legal boxes while earning interest.
R
89
Monthly fee
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
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
WHAT IT COSTS
- Pay as you transact, not for services you don’t use
- No opening deposit
- No minimum balance
- R89 monthly fee
- R80 monthly minimum service fee *
*A monthly minimum service fee of R80.00 will be charged. If your transaction fees for the calendar month total less than R80.00, the minimum service fee will be charged. However, if your transactional fees exceed R80,00, you will only pay the actual transactional fees incurred.
WHAT YOU’LL NEED
You’ll need to be a registered attorney taking stewardship of third-party funds, and comply with Section 86(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
- Pay as you transact, not for services you don’t use
- No opening deposit
- No minimum balance
- R89 monthly fee
- R80 monthly minimum service fee *
*A monthly minimum service fee of R80.00 will be charged. If your transaction fees for the calendar month total less than R80.00, the minimum service fee will be charged. However, if your transactional fees exceed R80,00, you will only pay the actual transactional fees incurred.
You’ll need to be a registered attorney taking stewardship of third-party funds, and comply with Section 86(1) of the Legal Practice Act of 2014.
Tips and guidance
Getting started
Getting started
Learn to make the most of your new card.
Managing your business
Managing your business
Growing your business
Growing your business
Get tips and tools on strategising, innovating and accelerating growth from BizConnect™
Registering for chat services
Registering for chat services
Speak to your banker anytime through social media.
We also offer
Third-Party Fund Administration
Manage funds for multiple accounts from a single bank account that offers competitive rates on term deposits, top-notch security and automated facilities.
Owner-occupied property financing
Eliminate rental escalations with your own appreciating asset