It’s good to see that Rider Levett Bucknall has caught up with the times (“Project bank account set to be launched” 28 September, page 14).

Franklin + Andrews has been working with clients on major overseas projects with multinational teams for the past 10 years on which project funds are held in escrow by a nominated bank, and released electronically direct to consultants, contractors, suppliers and others on the issue of our monthly certificates to the bank.

Ian Hanson, associate director, Franklin + Andrews