Lexsos advokater has client accounts in the following banks:
Danske Bank A/S | Nordea Bank Danmark A/S |
Branch: Finanscenter Fyn | Branch: Erhvervsfilial Fyn |
Albani Torv 2, 5000 Odense C | Vestre Stationsvej 7, 5000 Odense C |
Sydbank A/S |
Branch: Odense |
Søndre Boulevard 39-41, 5000 Odense C |
All client funds received by Lexsos Advokater are administered in compliance with the applicable rules of the Danish Bar and Law Society and deposited on a client bank account. Balance on client bank accounts are subject to the Danish Act on a Depositor and Investor Guarantee Scheme. This statutory guarantee scheme entails an amount restriction at EUR 100,000 per client in respect of each bank. This maximum applies to the total amount of money in the bank even if the amount is deposited in different accounts including client accounts and the clients own accounts.
Special rules are applied to deposits regarding real estate if the real estate has been used or primarily is meant to be used non-commercially. In this case the amount restriction amounts to EUR 10 million which will be valid until 12 months after the amount was deposited even if the deposit is made on a separate account. Further information can be found at www.gii.dk.