Hopkins Chartered Surveyors Limited
Client Money Handling Procedure
RICS Client Money Handling Regulations require publication of Client money procedures within our firm. This is a Statutory obligation in England and a requirement for members of the RICS Client Money Protection Scheme.
How and where client money is held
Bank: Santander Corporate, Bootle, Merseyside, L30 4GB
Account: Hopkins Chartered Surveyors Limited Client Account
Access to fund being restricted to principals or senior employees
The Director of Hopkins Chartered Surveyors Limited is the only person with access to Clients funds.
Timescales for payment of cash and cheques into a client account
Maximum five working days
Controls for authorisation of payments from client account
The Director of Hopkins Chartered Surveyors Limited is the only person with access to Clients funds.
How interest and bank charges are handled
Hopkins Chartered Surveyors Limited have no interest bearing Client accounts.
Bank charges are paid through the Office Account and are not recharged to Clients
Information about reconciliation of accounts and checking of reconciling items
Bank reconciliations are undertaken daily. Printed reports are prepared monthly in accordance with RICS regulations
What information will be provided to clients about monies held on their account and the frequency of any reports.
Client accounts are published monthly or quarterly as the Client directs.