Protecting Client Money
Request, receive or return client money swiftly, safely and securely
Safe Capital is the trusted secure solution to request, receive or return client money swiftly, safely and securely - helping to protect your law firm and its clients from payment fraud and money laundering
"Safe Capital has streamlined our collection of bank details, given our clients confidence in receiving our bank details, and helped to reduce our exposure to bank detail-related fraud"
Chris White, Tinklin Springall Solicitors
"Consider using a tool such as Safe Capital to verify bank details before any funds are exchanged."
The Law Society Cyber Security Toolkit
- Obtain verified bank account details for each client at the outset of the matter
- Share your client account bank details securely with your clients only when needed
- Return client money promptly at the end of a matter using the bank details on file
- Complete register of your residual balances, with detailed history of the steps taken to return funds to your clients
- Variety of workflows for contacting clients, depending on the size of the balance and contact information available
- Auto generation of forms and letters, including SRA withdrawal authorisation requests and charity indemnities
- Swift and secure client payments with one consistent payment workflow for your clients
- Clients can pay by open banking, credit/debit card or manual bank transfer
- Keep client account details away from money launderers and protect clients from payment fraud
Learning Zone
PDF Whitepaper: Don't Bank on Names Alone (Corporate)
Fake Bank Accounts and the threat to Client Money for Corporate Transactions
PDF Whitepaper: When a Match may be Misleading
Exploring the benefits and risks of bank account name checks (Confirmation of Payee) in conveyancing matters
PDF Whitepaper: Don't Bank on Names Alone (Law Firms)
Fake Bank Accounts and the threat to Client Money for Law Firms
PDF Whitepaper: Don't Bank on Names Alone (Conveyancing)
Fake Bank Accounts and the threat to Client Money for Conveyancing Firms
