122. You must have written confirmation from any bank or building society where a client account is held that the following conditions apply:
(a)that all money standing to the credit of that account is client money; and
(b)that the bank or building society is not entitled to combine the account with any other account or exercise any right to set-off or counterclaim against money in that account for any sum owed to the bank or building society on any other of your accounts it holds.