Interest Policy

 

Interest on money held

Bird & Co Solicitors LLP will pay you a payment in lieu of interest
earned whilst monies are held in our client account (provided the sum
payable is £50 or more).

The level of interest you can expect to receive,* referred to as a
payment in lieu of interest earned,* will be based on the *advertised
interest rate(s)* payable by our primary bank on the relevant amount, as
if it had been held separately in a designated client account in your
name. If the amount calculated is less than £50 then no interest will be
paid as our administrative costs would exceed this amount. Interest
rates can be located via the following link:

https://www.lloydsbank.com/business/retail-business/rates-and-charges/clients-accounts-rates.html