Updated list of banks with banking arrangements with the LPFF

Trust accounts that are kept by legal practitioners, in terms of Section 86 of the Legal Practice Act of 2014 (Act No. 28 of 2014) (LPA), must be held at a bank that has entered into a banking arrangement with the Legal Practitioners’ Fidelity Fund (LPFF), in terms of Section 63(1)(g) of the LPA.

The updated list of banks that have entered into banking arrangements with the LPFF, in terms of Section 63(1)(g) of the LPA, was issued by the LPFF on 2 September 2024.

The list may be accessed on:
https://www.fidfund.co.za/trust-accounts/