|Purpose:||To assist barristers in understanding their BSB Handbook obligations when using third party payment service providers|
|Scope of application:||Self-employed barristers acting on a public access basis|
|Issued by:||The Direct Access Panel|
|Status and effect:||Please see the notice at end of this document. This is not guidance for the purposes of the BSB Handbook I6.4.|
The document summarises reasons why an escrow service may be useful, relevant BSB Handbook rules and some of the essential factors to consider when choosing a third party payment service provider.
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This document has been prepared by the Bar Council to assist barristers on matters of professional conduct and ethics. It is not “guidance” for the purposes of the BSB Handbook I6.4, and neither the BSB nor a disciplinary tribunal nor the Legal Ombudsman is bound by any views or advice expressed in it. It does not comprise – and cannot be relied on as giving – legal advice. It has been prepared in good faith, but neither the Bar Council nor any of the individuals responsible for or involved in its preparation accept any responsibility or liability for anything done in reliance on it. For fuller information as to the status and effect of this document, please see here.