What is a Project Bank Account?
This document is only available with a paid isurv subscription.
In a traditional contract payments are made by the client into the contractor’s day-to-day trading account. In contrast, a Project Bank Account is a ring-fenced bank account (similar in principal to Escrow) that is unique to a project. Payments by the client are transferred electronically into the Project Bank Account...Explore the subscription options here to get full access to isurv, including downloads.
Try isurv for 1 month!
You can now get unlimited access to all isurv channels with our 1-month pass, available for only £39. To find out more, enquire with our team using our form.
Sign up for the isurv newsletter to receive a monthly round-up of the latest isurv updates.
For further support, please contact us by emailing isurv@rics.org or calling +44 (0) 247 686 8584