client bank account

(1) (other than in CASS 7 and principally inCASS 4 and CASS 5):52

1. (a) an account at a bank which:
   1. (i) holds the money of one or more clients;
   2. (ii) is in the name of the firm;
   3. (iii) includes in its title an appropriate description to distinguish the money in the account from the firm's money; and
   4. (iv) is a current or a deposit account; or
2. (b) a money market deposit of client money which is identified as being client money.3

52(2) (in CASS 7) 52

1. (a) an account at a bank which:52
   1. (i) holds the money of one or more clients;52
   2. (ii) is in the name of the firm; and52
   3. (iii) is a current or a deposit account; or52
2. (b) a money market deposit account of client money which is identified as being client money.52