What are dormant funds?
When a solicitor’s firm has a remaining client fund that they are unable to pay to the client, it is considered dormant. The company is permitted to withdraw those funds and donate them to a charity of their choice.
You can donate unclaimed client accounts to environmental charity, Keep Wales Tidy:
- if reasonable attempts have failed to establish the identity and contact details of the money’s owner
- without Solicitors Regulation Authority (SRA) permission if the balance is under £500
- providing SRA permission is granted if the amount is over £500
Additional guidance can be found on the SRA website.
The impact of your donation
Donations from dormant accounts go straight into our work across Wales, protecting and enhancing the environment for future generations and empowering communities to play an active role in caring for the places we all share.
Read more about our workHow to donate
We know that dealing with unclaimed accounts can be a concern and we want to make it as easy as possible.
For balances over £500, please use the Solicitors Regulation Authorities form to apply for the authority to withdraw funds from the client account.
Use our template letter to notify the account holder of your intention to donate the unclaimed funds to Keep Wales Tidy.
Template letter for clientsPlease email the team at fundraising@keepwalestidy.cymru with the details of your donation so we can provide you with our account number and sort code for you to make the transfer.
Once the transfer is made, we will send you a receipt via email.
Thank you so much for choosing to donate to Keep Wales Tidy. On receiving your donation, our team will be in touch by email to thank you for your support.
If you have any questions about making a contribution through a dormant account, please don’t hesitate to contact our fundraising team at fundraising@keepwalestidy.cymru
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