Bank Account Management

Unfortunately cyber crime is on the up and the onus for an organisation to have accurate, verified and certified bank details of a 3rd party is essential.

The Bank Account Management solution from LFS in combination with the eChit solution provides a solution for the law firm that the correctness of the bank sort code and account number of a contact/associate record of a matter.  The bank details are entered and the approved by a second party.  The sort code and account number is then re-validated against a payment request when an eChit is requested as a further check.