A Statutory Deposit (aka Special Deposit) is required by some jurisdictions to take part of a solicitors trust account out of the General Trust account and put it in a fund managed by the local law society or other government authority. 

In Wise Owl Legal we hold the Statutory Deposit in a different bank account in Wise Owl.  This method has been agreed with by Law Societies in multiple jurisdictions and auditors.

1. To process a Statutory Deposit you MUST use a Bank to Bank Transfer to enter the transaction. 
   
   
   
   
2. To put money into Statutory Deposit
   
   
   
   
3. To redeem money FROM your Special Deposit