What are the Best Practices of Client Money Handling?

When you are a service provider, you do receives Client money to make payments to vendors. Find the Best Practices of Client Money Handling ! Firms that manage client accounts effectively must have robust controls and systems in place to provide confidence to their clients. Client Money Handling means any money that the Company receives from the Client and/or may hold for and/or on behalf of the Client subject to Client Money Handling safeguarding. It is money that a Firm holds or receives for or from a client and can be of any currency.

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