Law Firms
Institutional FX for every matter, every completion.
Law firms managing client funds across currencies, jurisdictions, and transaction types need FX infrastructure that meets SRA compliance standards and delivers best execution. Jackson Swiss Partners provides institutional-grade rates, same-day settlement, and a full audit trail — without the bank spread.
The Hidden Cost
Bank FX spreads are eroding client value on every transaction.
Law firms handling FX through high-street banks pay 1.5–2.5% on client account conversions. Under SRA fiduciary rules, this is not a neutral cost — it directly reduces client funds and creates best-execution liability on every international transaction.
- Bank FX spreads on client account conversions average 1.5–2.5% — directly reducing client funds with every transaction
- Completion day settlement delays can abort property purchases and M&A closings when timing is critical
- Manual FX processes leave documentation gaps that create SRA compliance risk and audit trail failures
Estimated annual FX cost drag — law firm client account operations
Legal matter lifecycle — JSP FX touchpoints
The Solution
Institutional FX, wrapped around every stage of the legal matter
JSP handles FX at every stage — from initial client fund receipt through currency conversion, safeguarded client funds management, and completion day settlement — to full SRA-compliant reporting. Institutional rates, no bank markup, and a complete audit trail from instruction to settlement.
- Best execution rates below 0.2% — a fraction of the 1.5–2.5% bank spread typically charged on client account FX
- Dedicated VIBANs per matter for clean multi-currency receiving without conversion — USD, EUR, CHF and more
- Full SRA-compliant audit trail: every movement timestamped, referenced, and exportable for regulatory inspection
Core Capabilities
Built for SRA-compliant legal practice.
Client Account FX
Safeguarded client account currency conversions at institutional rates — with SRA-compliant documentation for every transaction, matter reference, and settlement.
International Disbursements
Same-day payments to overseas counterparties, courts, and parties in 30+ currencies — with full reference tracking and payment confirmation for matter files.
Virtual IBANs (VIBANs)
Dedicated multi-currency receiving accounts per matter — receive USD, EUR, and CHF directly without forced conversion, with clear matter-level attribution from day one.
Completion Day Certainty
Time-critical FX execution for property completions and M&A closings — rates agreed and locked in advance, with guaranteed same-day settlement on all major pairs.
SRA-Compliant Reporting
Full audit trail on every client account movement — matter-level reporting compatible with major practice management systems and ready for SRA inspection.
Firm Treasury FX
Competitive rates on firm operating accounts, international fee income, and partner distributions — consolidated visibility across offices and jurisdictions.
Measurable Impact
Why law firms choose our approach.
currencies
for client accounts, completions, and international disbursements
audit trail
SRA-compliant documentation on every client account FX movement
forward contracts
available for FX planning on long-dated matters and retainers
VIBAN setup
for new client matters, deal structures, and receiving accounts
FAQ
Law firm FX & payments FAQ.
Get Started
Ready to deliver best execution on every client matter?
Speak to an advisor who understands law firm compliance, completion day risk, and the fiduciary duty owed to clients on FX. Institutional pricing, SRA-compliant infrastructure, same-day settlement.