Chapter 7: Client Handling Issues Flashcards
(3 cards)
1
Q
In terms of days and values, what is needed for a client to need their own dedicated client account
A
£10,000 for more than 30 days
2
Q
What should be included in the name of a clients bank account held by a member?
A
The word “client”
3
Q
When a you have a client bank account, how often should it be reconciled at a minimum?
A
Six months
