Dinuclear CoIII complex catalysed hydrolysis of bis‐p‐nitrophenylphosphate, a DNA model substrate, is reported. The catalysts were designed in such a way that the two CoIII ions cannot be contemporaneously involved in the complexation of the substrate or transition state. Experimental evidence of the involvement of such a remote metal centre in the catalysis of the hydrolysis of a phosphate diester is provided. This contribution amounts to a ca. 64‐fold rate acceleration for the second‐order rate constants of the best dinuclear complex over the mononuclear one, which is apparently due to general acid or H‐bonding catalysis. Furthermore, there is significant distance dependence for this catalytic contribution and, in this case, it appears that the best distance (as estimated by DFT calculations) is ca. 7.7 Å. This may indicate that the presence of metal centres in close proximity, as required for mechanism proposals in which all metals are directly involved in transition‐state coordination, is not the only option for rate acceleration in natural phosphate hydrolysis.