Client account
Our management of client funds is in accordance with the rules of the Danish Bar and Law Society. In accordance with the Client Account Regulations, all interest accrues to the Client (positive and negative). However, for interest on deposits in our client pooled bank account, we only settle positive interest if a Customer has a total deposit of at least DKK 200,000 for at least 20 days. If the nature of a case or the size of the amount indicates that it makes sense to set up a separate client account for a Client, the costs of setting up and using it will thus be invoiced to the Client. SAVI or the bank will report these to the tax authorities in connection with accrued as well as collected interest.
SAVI may disclose the Customer’s identity information to the bank in connection with the Customer’s payment to client accounts.
In the event of the bank’s bankruptcy, deposits in the client account will be subject to the maximum coverage of EUR 100,000. The maximum applies to the Client’s total deposit in the bank. If the Client has deposits with the bank other than in the client account, the maximum limit applies to the total deposit. SAVI has no responsibility for deposits in client bank accounts in the event of the bank’s bankruptcy.
Client account in Danske Bank:
Reg. no.: 3409
Account no.: 13749582