Cater Allen account

Cater Allen is rolling out a bank account aimed at business rec-overy and insolvency specialists. Named the Cater Allen Insolvency Practitioners' Client Account, it allows business recovery and insolvency specialists to administer several accounts in liquidation under a single umbrella. The account pays interest of 5.125% on balances of £500,000 and over and 4.125% on balances of up to £500,000. Interest is credited on a monthly basis. The account also offers regular management reports on all accounts under the firm's control along with monthly statements. Paul Turtle, managing dire...