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.
![Calculator](https://assets.publishing.service.gov.uk/government/uploads/system/uploads/image_data/file/52941/s300_calculator.jpg)
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.