There is a very common, reoccurring urban (actually commercial) myth that, if ever a client receives bank documents* for signing, they either: are 'advised' (by a non-lawyer...), or somehow, completely misguidedly, believes, they only need such to be "witnessed by a lawyer." Sidenote: … Read more about You don’t need a lawyer, if you “just need bank guarantee documents witnessed”!
Finance Security Tip: ‘On Loans’ by a Party to their Related Entity.
Very commonly individuals personally-borrow money and then loan that money on to their new entity to say: buy a business, acquire equity, help provide a loan for working capital to help privately fund their business etc. However I still find it very rare that (despite their being a ‘bank’ for their … Read more about Finance Security Tip: ‘On Loans’ by a Party to their Related Entity.
Quick Practical Tip for Increasing Security with Payments to Clients and Third Parties
In light of the recent 'hacking' of a conveyancer’s IT system and payee details (no it wasn’t a failure by the PEXA system see - PEXA says platform remains secure), here's some suggested, relatively-easy additional security steps your business could take when intending to make any such payments or … Read more about Quick Practical Tip for Increasing Security with Payments to Clients and Third Parties