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Question of the week: Can I send the proceeds of a UK property sale to an account in the seller's name in another country, eg Singapore? Assuming I am satisfied of the identity of the seller, what factors should I consider?

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Published on: 06 December 2022
Published by a LexisNexis Practice Compliance expert

Article summary

This Q&A discusses factors to consider under the Solicitors Accounts Rules 2019 and beyond where property sale proceeds are to be transferred to an account abroad, eg Singapore.

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Jurisdiction(s):
United Kingdom

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