Family & Relationships0 min ago
High yield savings accounts which will accept charity money.
1 Answers
I would be grateful if someone could suggest a Bank or Building Society account which pays a good rate of interest and will accept money from trustee's of a registered charity.
Alternatively could you recommend savings bonds which satisfy the above criteria.
Many thanks.
Llewsen
Alternatively could you recommend savings bonds which satisfy the above criteria.
Many thanks.
Llewsen
Answers
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Yes, assuming that you are in UK.
A charity of which I am Treasurer uses:
a. Abbey National Business Banking for current account;
b. Scottish Widows for a reserve account containing lump sum but funds are transferrable (by BACS) to Abb Nat on simple posal request to Scot Wid; and
c. Birmingham Midshires (one-year term account) via Charities Aid Foundation financial subsidiary.
A charity of which I am Treasurer uses:
a. Abbey National Business Banking for current account;
b. Scottish Widows for a reserve account containing lump sum but funds are transferrable (by BACS) to Abb Nat on simple posal request to Scot Wid; and
c. Birmingham Midshires (one-year term account) via Charities Aid Foundation financial subsidiary.
Only 1 answer
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