Accounts that meet the conditions below will not be Financial Accounts.
Accounts held by a UK Financial Institution for a non-Financial Intermediary (such as a firm of solicitors or estate agents) and established for either:
Accounts provided by a non-Financial Intermediary as an intermediary (such as non-legal Escrow type accounts) that meet the conditions above will also not be Financial Accounts. Where the Financial Account does not meet the above conditions, then please refer to Section 3.16. |