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Court Funds Office: change to interest rate for basic accounts

The Court Funds Office is changing the interest rate payable on funds held in the basic account to 0.1% with effect from 6 June 2016.

• From: Ministry of Justice
• Published: 26 May 2016

This was published under the 2015 to 2016 Cameron Conservative government

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The rate was previously 0.3%.

The basic account holds funds paid into court in respect of civil court cases in England and Wales.

For more details, contact the Court Funds Office.