Cash Deposit Manager
Due Diligence Pack
Cash Deposit Manager

Due Diligence Pack

Information for clients about our high-interest, zero-risk cash deposit manager accounts. We have practical information about account opening, balances, compliance and onboarding information on our Cash Deposit Manager - How it Works page.
How financially secure/strong is DOS & Co.?

DOS & Co. has been trading since 2012 and has been profitable every single year since.

Describe DOS & Co.'s Business Continuity Plan

DOS & Co. has a business continuity plan which is reviewed annually.

How does DOS & Co. ensure data and system security?

Our client portal systems are air-gapped from our transaction systems and our integrations use bank-level encryption and security technology.

How is Cash Deposit Manager money protected?

Cash Deposit Manager funds are protected with layers of trust, segregation, safeguarding and even supported up to the FSCS limit in addition.

How are my/our funds protected?

Your funds are protected with layers of trust, segregation, safeguarding and even supported up to the FSCS limit in addition.

What is DOS & Co.?

DOS & Co. is a business that caters to the ultra-wealthy, entrepreneurs and those who support them.  It provides legal and financial services.

How does the Cash Deposit Manager work?

Acting as your bare trustee, we open accounts in your name at the Bank of London which, in turn, deposits them liquid and unencumbered at the Bank of England. Funds are protected by incremental layers of being held on bare trust, segregated and safeguarded, and with no underlying bank credit risk.

Is there a minimum deposit amount?

The minimum deposit amount is £1,000,000.

What happens if DOS & Co. becomes insolvent?

We hold your funds as bare trustee. This means that they are not available to our creditors.

Is DOS & Co. a bank?

No. DOS & Co. is a registered payment service provider.

What happens if Bank of London becomes insolvent?

As your funds are safeguarded, they will not be available to the Bank of London's creditors. They will still be yours, and we will get them back for you.

Why don't I just go directly to the Bank of London for my accounts?

The Bank of London doesn't serve private clients or charities directly.  For corporate customers, by virtue of our buying power with the bank, we are able to offer better rates and fees than they offer to the public.

Are there any sources of wealth you cannot accept?

As part of our regulatory registration, and our Certified B Corporation status, there are certain sources of wealth that we are unable to work with. If you are unsure of how to categorise your source of wealth, or have more than one, please do contact us or book a video call to discuss.

Are my funds also protected by FSCS?

In principle, yes, though subject to the Scheme's own eligibility criteria.

What happens if the Bank of England becomes insolvent?

In theory, before a central bank would become insolvent, it would be able to print more money. This makes the eventuality not only very unlikely, but probably impossible.

Where can I get more information?

Please do contact us if you have any further questions or would like any further information.

What happens if the Bank of England base rate drops?

The Bank of England will pay less interest to the Bank of London, who will pass on less to you. An drop in the base rate will automatically lead to an decrease in your returns.

What happens if the Bank of England base rate increases?

The Bank of England will pay more interest to the Bank of London, who will pass on more to you. An increase in the base rate will automatically lead to an increase in your returns.

Still have questions?

Can’t find the answer you’re looking for? Check out our Frequently Asked Questions or contact our friendly team who will be happy to help.